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

In the year to Oct 28, 2026, with distributions reinvested, HDV returned +29.4% and PFF −4.2%.

Which is cheaper, HDV or PFF?

HDV is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Data as of Oct 28, 2026.

Across categories

HDV vs PFF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HDV returned +29.4% to PFF's −4.2%; 5% 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 $11.8bn for iShares Preferred and Income Securities ETF.

HDV on its own →PFF on its own →

At a glance

+29.4%

HDV total return, 1 year

−4.2%

PFF total return, 1 year

0.08%

HDV expense ratio

0.45%

PFF expense ratio

Pair scorecard

HDV costs 0.37 points a year less; their one-year returns differ by 33.6 points; HDV is 1.3 times larger.

HDV vs PFF: Differences, Returns & Fees
Measure	HDV	PFF
Return
Measure	HDV	PFF
Total return, 1 year	+29.4%	−4.2%
Drawdown
Measure	HDV	PFF
Below its high		7.1%, high on May 8, 2026
Benchmark
Measure	HDV	PFF
What it tracks	Morningstar Dividend Yield Focus Index	ICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Measure	HDV	PFF
Expense ratio	0.08%	0.45%
Net assets, as of Oct 27, 2026	$15.9bn	$11.8bn
Holdings
Measure	HDV	PFF
Holdings in common	5%
Top ten holdings, share of the fund	55.6%	22.7%

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

What they share

By the books each fund has filed, HDV and PFF hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

5% in common

Positions both hold · largest shared weight first HDV PFF

NEXTERA ENERGY 2.54% 1.06%

SOUTHERN 1.83% 0.98%

MICROCHIP TECHNOLOGY INC 0.53% 1.03%

PPL CORP 0.41% 0.54%

M&T BANK 0.41% 0.38%

XCEL ENERGY INC 0.76% 0.38%

DTE ENERGY 0.47% 0.26%

CMS ENERGY 0.35% 0.25%

CARLYLE GROUP INC 0.12% 0.15%

KINDER MORGAN 1.25% 0.11%

AMERICAN FINANCIAL GROUP 0.13% 0.07%

CULLEN FROST BANKERS 0.12% 0.05%

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 PFF

STRATEGY INC 3.53%

BOEING CO 3.11%

HEWLETT PACKARD ENTERPRISE CONV PR 2.36%

ALPHABET INC 2.31%

SUPER MICRO COMPUTER INC 2.27%

ALPHABET INC 2.26%

WELLS FARGO & COMPANY SERIES L 2.14%

ORACLE CORPORATION 2.06%

Check overlap with more funds →

Side by side

HDV iShares Core High Dividend ETF PFF iShares Preferred and Income Securities ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of High Dividend Tracks an index of Preferred and Income Securities

Total return, 1 year +29.4% −4.2%

Its benchmark over the same days not measured +13.6% (MLRG)

Gap to its benchmark not measured −17.8 pts vs MLRG

Expense ratio 0.08% 0.45%

Already in the S&P 500 89.5% 0.0%

Holdings 77 453

Net assets, as of Oct 27, 2026 $15.9bn $11.8bn

HDV and PFF 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%.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% 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 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HDV or PFF?: In the year to Oct 28, 2026, with distributions reinvested, HDV returned +29.4% and PFF −4.2%.
Which is cheaper, HDV or PFF?: HDV is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do HDV and PFF overlap with the S&P 500?: By their latest filed holdings, 90% of HDV and 0% of PFF by weight is stocks the S&P 500 already holds.

Other comparisons

HDV vs SPSB HDV vs VGLT HDV vs VUSB HDV vs TIP PFF vs SPHD PFF vs VTV PFF vs PVAL PFF vs VLUE

Where to next

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

Sources and dates

HDV and PFF filings on SEC EDGAR ↗

HDV prospectus with the expense ratio (SEC) ↗

iShares page for HDV ↗

PFF prospectus with the expense ratio (SEC) ↗

iShares page for PFF ↗

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 PFF, data as of Oct 28, 2026. https://etfiq.com/compare/any/hdv-vs-pff

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