HDV vs SPYD: Dividend Yield, Total Return & Fees Compared
iShares Core High Dividend ETFState Street SPDR Portfolio S&P 500 High Dividend ETF
Data as of the close · refreshed automatically every trading day
HDV vs SPYD at a glance
This page compares iShares Core High Dividend ETF (HDV) with State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.
With dividends reinvested, HDV has led over the last 12 months at +20.22% versus +11.53% for SPYD. SPYD currently yields 4.46% (trailing 12-month) against 3.01% for HDV. Across five years the total-return gap is +77.04% for HDV 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 | HDV | SPYD |
|---|---|---|
| Last close | $28.28 | $46.19 |
| Dividend yield | 3.01% (TTM) | 4.46% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $0.8522 (6 payments) | $2.06 (4 payments) |
| Issuer | iShares | State Street |
| Inception | — | — |
Performance: HDV 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.
| HDV | SPYD | ||
|---|---|---|---|
| Sep 16, 2026 | $0.056 | Sep 21, 2026 | $0.518 |
| Aug 19, 2026 | $0.105 | Jun 22, 2026 | $0.543 |
| Jul 15, 2026 | $0.087 | Mar 23, 2026 | $0.450 |
| Jun 15, 2026 | $0.185 | Dec 22, 2025 | $0.549 |
| Mar 17, 2026 | $0.1686 | Sep 22, 2025 | $0.489 |
| Dec 16, 2025 | $0.2506 | Jun 23, 2025 | $0.500 |
| Sep 16, 2025 | $0.190 | Mar 24, 2025 | $0.419 |
| Jun 16, 2025 | $0.1826 | Dec 20, 2024 | $0.547 |
| Mar 18, 2025 | $0.159 | Sep 20, 2024 | $0.457 |
| Dec 17, 2024 | $0.2244 | Jun 21, 2024 | $0.487 |
| Sep 25, 2024 | $0.2458 | Mar 15, 2024 | $0.373 |
| Jun 11, 2024 | $0.1856 | Dec 15, 2023 | $0.534 |
HDV vs SPYD: common questions
Which pays a higher dividend, HDV or SPYD?
As of September 25, 2026, HDV yields 3.01% (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, HDV or SPYD?
Over the past year with dividends reinvested, HDV returned +20.22% and SPYD returned +11.53%. Over five years, HDV returned +77.04% and SPYD returned +46.43%. Past performance does not predict future results.
What would $10,000 in HDV vs SPYD 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 $11,153 in SPYD.
How often do HDV and SPYD pay dividends?
HDV pays quarterly (6 payments in the last 12 months) and SPYD pays quarterly (4 payments).
Is HDV 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
More side-by-side comparisons with HDV and SPYD.
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.