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

In the year to Oct 28, 2026, with distributions reinvested, HDV returned +29.4% and MDY +12.8%.

Which is cheaper, HDV or MDY?

HDV is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 90% of HDV and 0% of MDY by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

HDV vs MDY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HDV returned +29.4% to MDY's +12.8%; 2% of their weight is in the same names.

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Net assets on Oct 27, 2026: $15.9bn for iShares Core High Dividend ETF and $25.9bn for SPDR S&P MidCap 400 ETF Trust.

HDV on its own →MDY on its own →

At a glance

+29.4%

HDV total return, 1 year

+12.8%

MDY total return, 1 year

0.08%

HDV expense ratio

0.23%

MDY expense ratio

Pair scorecard

HDV costs 0.15 points a year less; their one-year returns differ by 16.6 points; MDY is 1.6 times larger.

HDV vs MDY: Differences, Returns & Fees
Measure	HDV	MDY
Return
Measure	HDV	MDY
Total return, 1 year	+29.4%	+12.8%
Drawdown
Measure	HDV	MDY
Below its high		6.5%, high on Aug 14, 2026
Benchmark
Measure	HDV	MDY
What it tracks	Morningstar Dividend Yield Focus Index	S&P MidCap 400 Index
Cost and size
Measure	HDV	MDY
Expense ratio	0.08%	0.23%
Net assets, as of Oct 27, 2026	$15.9bn	$25.9bn
Holdings
Measure	HDV	MDY
Holdings in common	2%
Top ten holdings, share of the fund	55.6%	7.5%

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

What they share

By the books each fund has filed, HDV and MDY hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first HDV MDY

VIPER ENERGY INC CLASS A 0.27% 0.26%

ESSENTIAL UTILITIES INC 0.21% 0.35%

DT MIDSTREAM 0.18% 0.38%

OGE ENERGY 0.18% 0.29%

PROSPERITY BANCSHARES 0.14% 0.24%

AMERICAN FINANCIAL GROUP 0.13% 0.30%

ANTERO MIDSTREAM 0.13% 0.20%

CARLYLE GROUP INC 0.12% 0.29%

CULLEN FROST BANKERS 0.12% 0.28%

IDACORP 0.10% 0.24%

NATIONAL FUEL GAS 0.10% 0.23%

HOME BANCSHARES INC 0.09% 0.16%

Only in one fund ↓

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%

Only in MDY

Okta Inc. Class A 1.09%

U.S. Dollar 0.96%

TechnipFMC plc 0.81%

United Therapeutics Corporation 0.73%

Entegris Inc. 0.66%

ATI Inc 0.66%

US Foods Holding Corp. 0.64%

Reliance Inc. 0.64%

Check overlap with more funds →

Side by side

HDV iShares Core High Dividend ETF MDY SPDR S&P MidCap 400 ETF Trust

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of High Dividend Tracks the S&P MidCap 400

Total return, 1 year +29.4% +12.8%

Its benchmark over the same days not measured +13.2% (IJH)

Gap to its benchmark not measured −0.4 pts vs IJH

Expense ratio 0.08% 0.23%

Already in the S&P 500 89.5% 0.0%

Holdings 77 401

Net assets, as of Oct 27, 2026 $15.9bn $25.9bn

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

Alert

About each fund

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%.

MDY

MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HDV or MDY?: In the year to Oct 28, 2026, with distributions reinvested, HDV returned +29.4% and MDY +12.8%.
Which is cheaper, HDV or MDY?: HDV is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do HDV and MDY overlap with the S&P 500?: By their latest filed holdings, 90% of HDV and 0% of MDY by weight is stocks the S&P 500 already holds.

Other comparisons

HDV vs MOAT HDV vs VO HDV vs IJH HDV vs VXF MDY vs SPHD MDY vs VTV MDY vs PVAL MDY vs VLUE

Where to next

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

Sources and dates

HDV filings on SEC EDGAR ↗

HDV prospectus with the expense ratio (SEC) ↗

iShares page for HDV ↗

MDY filings on SEC EDGAR ↗

State Street website ↗

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, HDV against MDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/hdv-vs-mdy

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