HDV vs DVY: Dividend Yield, Total Return & Fees Compared
iShares Core High Dividend ETFiShares Select Dividend ETF
Data as of the close · refreshed automatically every trading day
Performance: HDV vs DVY
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comHDV vs DVY at a glance
iShares Core High Dividend ETF (HDV) and iShares Select Dividend ETF (DVY) are compared below using data through the November 9, 2026 close, refreshed after every trading day.
Over the past year, HDV returned +32.31% with dividends reinvested, compared with +19.87% for DVY. DVY currently yields 3.29% (trailing 12-month) against 3.14% for HDV. Across five years the total-return gap is +84.48% for HDV vs +61.83% for DVY.
The higher-yielding fund (DVY) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.
| Metric | HDV | DVY |
|---|---|---|
| Last close | $30.55 | $162.27 |
| Dividend yield | 3.14% (TTM) | 3.29% (TTM) |
| Expense ratio | — | — |
| Pays | monthly | quarterly |
| Dividends, last 12 months | $0.9585 (7 payments) | $5.34 (4 payments) |
| Issuer | iShares | iShares |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Downside and distribution variability
Income and ending returns do not describe the whole investment experience.
Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -15.39% for HDV and -17.49% for DVY. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
HDV's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.056 to $0.2506 per share across 7 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
DVY's recorded distributions over the 12 months ending November 9, 2026 ranged from $1.15 to $1.62 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.
Recent distributions
The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.
| HDV | DVY | ||
|---|---|---|---|
| Oct 21, 2026 | $0.1063 | Sep 15, 2026 | $1.33 |
| Sep 16, 2026 | $0.056 | Jun 15, 2026 | $1.25 |
| Aug 19, 2026 | $0.1046 | Mar 17, 2026 | $1.15 |
| Jul 15, 2026 | $0.0874 | Dec 16, 2025 | $1.62 |
| Jun 15, 2026 | $0.185 | Sep 16, 2025 | $1.25 |
| Mar 17, 2026 | $0.1686 | Jun 16, 2025 | $1.23 |
| Dec 16, 2025 | $0.2506 | Mar 18, 2025 | $1.05 |
| Sep 16, 2025 | $0.1899 | Dec 17, 2024 | $1.32 |
| Jun 16, 2025 | $0.1826 | Sep 25, 2024 | $1.55 |
| Mar 18, 2025 | $0.159 | Jun 11, 2024 | $0.9304 |
| Dec 17, 2024 | $0.2243 | Mar 21, 2024 | $0.9976 |
| Sep 25, 2024 | $0.2459 | Dec 20, 2023 | $1.19 |
HDV vs DVY: common questions
Which pays a higher dividend, HDV or DVY?
As of November 9, 2026, HDV yields 3.14% (trailing 12-month) and DVY yields 3.29% (trailing 12-month), so DVY currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, HDV or DVY?
Over the past year with dividends reinvested, HDV returned +32.31% and DVY returned +19.87%. Over five years, HDV returned +84.48% and DVY returned +61.83%. Past performance does not predict future results.
What would $10,000 in HDV vs DVY be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $13,231 in HDV and $11,987 in DVY.
How often do HDV and DVY pay dividends?
HDV pays monthly (7 payments in the last 12 months) and DVY pays quarterly (4 payments).
Is HDV or DVY the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Research HDV and DVY beyond the yield
Compare payment history with total return and fees. Check whether a larger current yield comes with different drawdowns or less consistent distributions; a dividend-growth label does not promise future increases.
Review iShares Core High Dividend ETF (HDV) payment history and iShares Select Dividend ETF (DVY) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.
For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.
Related comparisons
More side-by-side comparisons with HDV and DVY.
Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.