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

HDV vs RWL: Differences, Returns & Fees

HDV and RWL hold 11% of their weight in the same names, and HDV returned +22.1% over the year. Net assets on Oct 9, 2026: $14.9bn for iShares Core High Dividend ETF and $10.0bn for Invesco S&P 500 Revenue ETF.

HDV costs 0.31 points a year less; their one-year returns differ by 1.0 point; HDV is 1.5 times larger.

HDV vs RWL: Differences, Returns & Fees
HDVRWL
Expense ratio0.08%0.39%
Net assets$14.9bn$10.0bn
Total return, 1 year+22.1%+21.1%
What it tracksMorningstar Dividend Yield Focus IndexS&P 500 Revenue-Weighted Index
Holdings in common11%
Holdings datedOct 9, 2026Oct 10, 2026
Top ten holdings, share of the fund55.7%24.0%
Below its high3.9%, high on Aug 19, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+22.1%
HDV total return, 1 year
+21.1%
RWL total return, 1 year
0.08%
HDV expense ratio
0.39%
RWL expense ratio

What they hold in common

By the books each fund has filed, HDV and RWL hold 11% 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 Oct 9, 2026.

half

11% in common

Positions both hold, largest shared weight first
Holding HDV RWL
EXXONMOBIL HOLDINGS CORP 9.39% 1.88%
CHEVRON 7.07% 1.05%
HOME DEPOT 4.40% 0.80%
VERIZON COMMUNICATIONS INC 5.11% 0.59%
PROCTER & GAMBLE 5.47% 0.46%
PEPSICO 3.87% 0.45%
SYSCO 0.54% 0.41%
ABBVIE 6.89% 0.36%
CONOCOPHILLIPS 2.11% 0.31%
COCA-COLA 4.34% 0.26%
PHILIP MORRIS INTERNATIONAL 5.28% 0.23%
ABBOTT LABORATORIES 2.10% 0.22%
Only in HDV
VIPER ENERGY INC CLASS A 0.26%
ESSENTIAL UTILITIES INC 0.20%
OGE ENERGY 0.19%
DT MIDSTREAM 0.18%
AMERICAN FINANCIAL GROUP 0.14%
ANTERO MIDSTREAM 0.14%
PROSPERITY BANCSHARES 0.14%
CARLYLE GROUP INC 0.13%
Only in RWL
Amazon.com Inc 4.05%
Walmart Inc 3.89%
Apple Inc 2.50%
UnitedHealth Group Inc 2.18%
McKesson Corp 2.17%
Berkshire Hathaway Inc 1.97%
CVS Health Corp 1.88%
Microsoft Corp 1.81%

Check overlap with more funds →

On the same fields

HDV
iShares Core High Dividend ETF
RWL
Invesco S&P 500 Revenue ETF
Where it sits Stock ETF Stock ETF
Issuer iShares Invesco
What it is Tracks an index of High Dividend Tracks an index
Total return, 1 year +22.1% +21.1%
Expense ratio 0.08% 0.39%
Already in the S&P 500 89.5% 99.4%
Holdings 77 505
Net assets $14.9bn $10.0bn

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

About HDV

HDV tracks an index of High Dividend. Over the year to Oct 9, 2026 it returned +22.1% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 9, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.7%. It sat 3.9% below its high of Aug 19, 2026 on Oct 9, 2026.

About RWL

RWL tracks an index. Over the year to Oct 9, 2026 it returned +21.1% with distributions reinvested. The prospectus expense ratio is 0.39% a year. By its holdings published by its issuer for Oct 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 24.0%.

Questions people ask

Which returned more over the last year, HDV or RWL?
In the year to Oct 9, 2026, with distributions reinvested, HDV returned +22.1% and RWL +21.1%.
Which is cheaper, HDV or RWL?
HDV is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do HDV and RWL overlap with the S&P 500?
By their latest filed holdings, 90% of HDV and 99% of RWL by weight is stocks the S&P 500 already holds.
Other comparisons
HDV vs PRFHDV vs VLUEHDV vs PVALFDL vs HDVRWL vs VLUEIVE vs RWLRWL vs VYMIWD vs RWL
HDV on its own →RWL on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
HDV filings on SEC EDGAR ↗HDV prospectus with the expense ratio (SEC) ↗iShares page for HDV ↗RWL filings on SEC EDGAR ↗RWL prospectus with the expense ratio (SEC) ↗Invesco page for RWL ↗

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, HDV against RWL, data as of Oct 9, 2026. https://etfiq.com/compare/any/hdv-vs-rwl

Open data

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