A
vs
B
Share
Compare their flowsAsk IQ about these two funds

FDVV vs PRF: Differences, Returns & Fees

FDVV and PRF hold 30% of their weight in the same names, and PRF returned +24.8% over the year. Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $10.0bn on Oct 9, 2026 for Invesco RAFI US 1000 ETF.

FDVV costs 0.19 points a year less; their one-year returns differ by 10.7 points.

FDVV vs PRF: Differences, Returns & Fees
FDVVPRF
Expense ratio0.15%0.34%
Net assets, as of Jul 31, 2026$10.2bn$9.8bn
Total return, 1 year+14.1%+24.8%
What it tracksFidelity High Dividend IndexRAFI Fundamental Select US 1000 Index
Holdings in common30%
Holdings datedJul 31, 2026Oct 10, 2026
Top ten holdings, share of the fund33.8%23.7%
Below its high3.6%, high on Aug 13, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 9, 2026.

+14.1%
FDVV total return, 1 year
+24.8%
PRF total return, 1 year
0.15%
FDVV expense ratio
0.34%
PRF expense ratio

What they hold in common

By the books each fund has filed, FDVV and PRF hold 30% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 9, 2026.

half

30% in common

Positions both hold, largest shared weight first
Holding FDVV PRF
APPLE INC 6.18% 4.66%
MICROSOFT CORP 4.88% 3.25%
ALPHABET INC 1.95% 3.41%
JPMORGAN CHASE and CO 2.76% 1.62%
BANK OF AMERICA CORPORATION 1.96% 1.07%
WELLS FARGO and CO 1.52% 0.81%
NVIDIA CORP 6.57% 0.79%
PROCTER and GAMBLE CO 1.69% 0.76%
META PLATFORMS INC 0.65% 2.05%
BROADCOM INC 3.11% 0.55%
JOHNSON and JOHNSON 0.52% 1.08%
UNITEDHEALTH GROUP INC 0.50% 1.15%
Only in FDVV
BANCA MONTE DEI PASCHI DI SIENA SPA 1.50%
BANCO BPM SPA 1.41%
DANSKE BANK A/S 1.29%
ORKLA ASA 1.18%
NIPPON YUSEN KK 0.20%
SINGAPORE AIRLINES LTD 0.20%
MITSUI OSK LINES LTD 0.20%
AP MOLLER MAERSK AS 0.19%
Only in PRF
Amazon.com Inc 2.39%
ExxonMobil Holdings Corp 1.94%
Berkshire Hathaway Inc 1.81%
Chevron Corp 1.36%
Intel Corp 1.22%
Citigroup Inc 0.82%
Cisco Systems Inc 0.79%
Walmart Inc 0.78%

Check overlap with more funds →

On the same fields

FDVV
Fidelity High Dividend ETF
PRF
Invesco RAFI US 1000 ETF
Where it sits Stock ETF Stock ETF
Issuer Fidelity Invesco
What it is Tracks an index of High Dividend Tracks an index
Total return, 1 year +14.1% +24.8%
Expense ratio 0.15% 0.34%
Already in the S&P 500 87.4% 86.6%
Holdings 95 1000
Net assets, FDVV as of Sep 30, 2026 and PRF as of Oct 9, 2026 $10.2bn $10.0bn

FDVV and PRF on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 9, 2026 it returned +14.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%. It sat 3.6% below its high of Aug 13, 2026 on Oct 9, 2026.

About PRF

PRF tracks an index. Over the year to Oct 9, 2026 it returned +24.8% with distributions reinvested. The prospectus expense ratio is 0.34% a year. By its holdings published by its issuer for Oct 10, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 1,000 positions, with the top ten at 23.7%.

Questions people ask

Which returned more over the last year, FDVV or PRF?
In the year to Oct 9, 2026, with distributions reinvested, FDVV returned +14.1% and PRF +24.8%.
Which is cheaper, FDVV or PRF?
FDVV is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDVV and PRF overlap with the S&P 500?
By their latest filed holdings, 87% of FDVV and 87% of PRF by weight is stocks the S&P 500 already holds.
Other comparisons
FDVV vs SPYVFDVV vs IVEFDVV vs IWDFDVV vs SCHDPRF vs RWLPRF vs VLUEPRF vs PVALPRF vs SPYD
FDVV on its own →PRF on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
FDVV filings on SEC EDGAR ↗FDVV prospectus with the expense ratio (SEC) ↗Fidelity website ↗PRF filings on SEC EDGAR ↗PRF prospectus with the expense ratio (SEC) ↗Invesco page for PRF ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FDVV against PRF, data as of Oct 9, 2026. https://etfiq.com/compare/any/fdvv-vs-prf

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.