DVY vs SPYD: Dividend Yield, Total Return & Fees Compared
iShares Select Dividend ETFState Street SPDR Portfolio S&P 500 High Dividend ETF
Data as of the close · refreshed automatically every trading day
DVY vs SPYD at a glance
iShares Select Dividend ETF (DVY) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) are compared below using data through the September 25, 2026 close, refreshed after every trading day.
Over the past year, DVY returned +14.50% with dividends reinvested, compared with +11.53% for SPYD. SPYD currently yields 4.46% (trailing 12-month) against 3.45% for DVY. Across five years the total-return gap is +59.74% for DVY vs +46.43% for SPYD.
The higher-yielding fund (SPYD) 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 | DVY | SPYD |
|---|---|---|
| Last close | $154.73 | $46.19 |
| Dividend yield | 3.45% (TTM) | 4.46% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $5.34 (4 payments) | $2.06 (4 payments) |
| Issuer | iShares | State Street |
| Inception | — | — |
Performance: DVY vs SPYD
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
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.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| DVY | SPYD | ||
|---|---|---|---|
| Sep 15, 2026 | $1.33 | Sep 21, 2026 | $0.518 |
| Jun 15, 2026 | $1.25 | Jun 22, 2026 | $0.543 |
| Mar 17, 2026 | $1.15 | Mar 23, 2026 | $0.450 |
| Dec 16, 2025 | $1.62 | Dec 22, 2025 | $0.549 |
| Sep 16, 2025 | $1.25 | Sep 22, 2025 | $0.489 |
| Jun 16, 2025 | $1.23 | Jun 23, 2025 | $0.500 |
| Mar 18, 2025 | $1.05 | Mar 24, 2025 | $0.419 |
| Dec 17, 2024 | $1.32 | Dec 20, 2024 | $0.547 |
| Sep 25, 2024 | $1.55 | Sep 20, 2024 | $0.457 |
| Jun 11, 2024 | $0.930 | Jun 21, 2024 | $0.487 |
| Mar 21, 2024 | $0.998 | Mar 15, 2024 | $0.373 |
| Dec 20, 2023 | $1.19 | Dec 15, 2023 | $0.534 |
DVY vs SPYD: common questions
Which pays a higher dividend, DVY or SPYD?
As of September 25, 2026, DVY yields 3.45% (trailing 12-month) and SPYD yields 4.46% (trailing 12-month), so SPYD currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, DVY or SPYD?
Over the past year with dividends reinvested, DVY returned +14.50% and SPYD returned +11.53%. Over five years, DVY returned +59.74% and SPYD returned +46.43%. Past performance does not predict future results.
What would $10,000 in DVY vs SPYD be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,450 in DVY and $11,153 in SPYD.
How often do DVY and SPYD pay dividends?
DVY pays quarterly (4 payments in the last 12 months) and SPYD pays quarterly (4 payments).
Is DVY or SPYD 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.
Related comparisons
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Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.