Which returned more over the last year, GARP or HDV?

In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and HDV +29.4%.

Which is cheaper, GARP or HDV?

HDV is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do GARP and HDV overlap with the S&P 500?

By their latest filed holdings, 94% of GARP and 90% of HDV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

GARP vs HDV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to HDV's +29.4%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $15.9bn for iShares Core High Dividend ETF.

GARP on its own →HDV on its own →

At a glance

+18.0%

GARP total return, 1 year

+29.4%

HDV total return, 1 year

0.15%

GARP expense ratio

0.08%

HDV expense ratio

Pair scorecard

HDV costs 0.07 points a year less; their one-year returns differ by 11.4 points; HDV is 4.4 times larger.

GARP vs HDV: Differences, Returns & Fees
Measure	GARP	HDV
Return
Measure	GARP	HDV
Total return, 1 year	+18.0%	+29.4%
Drawdown
Measure	GARP	HDV
Below its high	7.0%, high on Oct 6, 2026
Benchmark
Measure	GARP	HDV
What it tracks	MSCI USA Quality GARP Select Index	Morningstar Dividend Yield Focus Index
Cost and size
Measure	GARP	HDV
Expense ratio	0.15%	0.08%
Net assets, as of Oct 27, 2026	$3.6bn	$15.9bn
Holdings
Measure	GARP	HDV
Holdings in common	0%
Top ten holdings, share of the fund	43.5%	55.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, GARP and HDV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GARP HDV

MICROCHIP TECHNOLOGY INC 0.19% 0.53%

LAS VEGAS SANDS 0.25% 0.13%

Only in one fund ↓

Only in GARP

MICROSOFT 5.67%

APPLE 5.66%

NVIDIA 5.18%

VISA CLASS A 5.13%

META PLATFORMS CLASS A 4.72%

MICRON TECHNOLOGY 4.61%

LAM RESEARCH 3.31%

CATERPILLAR INC 3.29%

Only in HDV

EXXONMOBIL HOLDINGS CORP 9.48%

CHEVRON 7.22%

ABBVIE 6.77%

PROCTER & GAMBLE 5.46%

VERIZON COMMUNICATIONS INC 5.12%

PHILIP MORRIS INTERNATIONAL 5.04%

HOME DEPOT 4.57%

COCA-COLA 4.26%

Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF HDV iShares Core High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks the MSCI USA Quality GARP Tracks an index of High Dividend

Total return, 1 year +18.0% +29.4%

Its benchmark over the same days +13.3% (PBUS) not measured

Gap to its benchmark +4.7 pts vs PBUS not measured

Expense ratio 0.15% 0.08%

Already in the S&P 500 94.4% 89.5%

Holdings 131 77

Net assets, as of Oct 27, 2026 $3.6bn $15.9bn

GARP and HDV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

HDV

HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.6%.

Questions people ask

Which returned more over the last year, GARP or HDV?: In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and HDV +29.4%.
Which is cheaper, GARP or HDV?: HDV is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and HDV overlap with the S&P 500?: By their latest filed holdings, 94% of GARP and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

GARP vs SPHD GARP vs VTV GARP vs PVAL GARP vs VLUE HDV vs VOOG HDV vs VONG HDV vs SPYG HDV vs SCHG

Where to next

GARP on its own →HDV on its own →Hold both: look the portfolio through →Rankings →GARP dividend history →GARP holdings →HDV dividend history →HDV holdings →Standards and sources →

Sources and dates

GARP and HDV filings on SEC EDGAR ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

HDV prospectus with the expense ratio (SEC) ↗

iShares page for HDV ↗

Links are sources, not endorsements. 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, GARP against HDV, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-hdv

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