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

Higher yieldDVY3.45% vs 3.01%
Better 1-year total returnHDV+20.22% vs +14.50%
Better 5-year total returnHDV+77.04% vs +59.74%

HDV vs DVY at a glance

iShares Core High Dividend ETF (HDV) and iShares Select Dividend ETF (DVY) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, HDV returned +20.22% with dividends reinvested, compared with +14.50% for DVY. DVY currently yields 3.45% (trailing 12-month) against 3.01% for HDV. Across five years the total-return gap is +77.04% for HDV vs +59.74% 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.

Key figures for HDV and DVY
MetricHDVDVY
Last close$28.28$154.73
Dividend yield3.01% (TTM)3.45% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$0.8522 (6 payments)$5.34 (4 payments)
IssueriSharesiShares
Inception——

Performance: HDV vs DVY

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

HDVDVY

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
HDViShares Core High Dividend ETF
3.01%
+20.22%Best$28.28$0.056QuarterlyiShares
DVYiShares Select Dividend ETF
3.45%
+14.50%$154.73$1.329QuarterlyiShares

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
HDViShares Core High Dividend ETF-4.95%+3.61%+7.03%+20.22%+29.54%+77.04%
DVYiShares Select Dividend ETF-4.94%-0.62%+5.17%+14.50%+24.66%+59.74%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
HDViShares Core High Dividend ETF$0.056Sep 16, 2026-46.67%$0.85226 payoutsJun 11, 2024: $0.1856Sep 25, 2024: $0.2458Dec 17, 2024: $0.2244Mar 18, 2025: $0.159Jun 16, 2025: $0.1826Sep 16, 2025: $0.19Dec 16, 2025: $0.2506Mar 17, 2026: $0.1686Jun 15, 2026: $0.185Jul 15, 2026: $0.087Aug 19, 2026: $0.105Sep 16, 2026: $0.056
DVYiShares Select Dividend ETF$1.329Sep 15, 2026+6.58%$5.3414 payoutsDec 20, 2023: $1.189Mar 21, 2024: $0.998Jun 11, 2024: $0.93Sep 25, 2024: $1.55Dec 17, 2024: $1.316Mar 18, 2025: $1.049Jun 16, 2025: $1.233Sep 16, 2025: $1.246Dec 16, 2025: $1.616Mar 17, 2026: $1.149Jun 15, 2026: $1.247Sep 15, 2026: $1.329

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

HDVDVY
Sep 16, 2026$0.056Sep 15, 2026$1.33
Aug 19, 2026$0.105Jun 15, 2026$1.25
Jul 15, 2026$0.087Mar 17, 2026$1.15
Jun 15, 2026$0.185Dec 16, 2025$1.62
Mar 17, 2026$0.1686Sep 16, 2025$1.25
Dec 16, 2025$0.2506Jun 16, 2025$1.23
Sep 16, 2025$0.190Mar 18, 2025$1.05
Jun 16, 2025$0.1826Dec 17, 2024$1.32
Mar 18, 2025$0.159Sep 25, 2024$1.55
Dec 17, 2024$0.2244Jun 11, 2024$0.930
Sep 25, 2024$0.2458Mar 21, 2024$0.998
Jun 11, 2024$0.1856Dec 20, 2023$1.19

HDV vs DVY: common questions

Which pays a higher dividend, HDV or DVY?

As of September 25, 2026, HDV yields 3.01% (trailing 12-month) and DVY yields 3.45% (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 +20.22% and DVY returned +14.50%. Over five years, HDV returned +77.04% and DVY returned +59.74%. 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 September 25, 2026 would have grown to about $12,022 in HDV and $11,450 in DVY.

How often do HDV and DVY pay dividends?

HDV pays quarterly (6 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.

Related comparisons

More side-by-side comparisons with HDV and DVY.

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.