HDV vs SDY: Dividend Yield, Total Return & Fees Compared

This page compares iShares Core High Dividend ETF (HDV) with State Street SPDR S&P Dividend ETF (SDY) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.

With dividends reinvested, HDV has led over the last 12 months at +32.31% versus +22.28% for SDY. HDV currently yields 3.14% (trailing 12-month) against 2.31% for SDY. Across five years the total-return gap is +84.48% for HDV vs +47.98% for SDY.

HDV leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

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 -15.21% for SDY. 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.

SDY's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.8743 to $1.02 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.

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 State Street SPDR S&P Dividend ETF (SDY) 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.