VYM vs DVY: Dividend Yield, Total Return & Fees Compared
Vanguard High Dividend Yield Index Fund ETF SharesiShares Select Dividend ETF
Data as of the close · refreshed automatically every trading day
VYM vs DVY at a glance
Vanguard High Dividend Yield Index Fund ETF Shares (VYM) 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, VYM returned +15.53% with dividends reinvested, compared with +14.50% for DVY. DVY currently yields 3.45% (trailing 12-month) against 2.33% for VYM. Across five years the total-return gap is +73.66% for VYM 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.
| Metric | VYM | DVY |
|---|---|---|
| Last close | $157.68 | $154.73 |
| Dividend yield | 2.33% (TTM) | 3.45% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $3.68 (4 payments) | $5.34 (4 payments) |
| Issuer | Vanguard | iShares |
| Inception | — | — |
Performance: VYM 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 · 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.
| VYM | DVY | ||
|---|---|---|---|
| Sep 18, 2026 | $0.887 | Sep 15, 2026 | $1.33 |
| Jun 18, 2026 | $0.980 | Jun 15, 2026 | $1.25 |
| Mar 20, 2026 | $0.862 | Mar 17, 2026 | $1.15 |
| Dec 19, 2025 | $0.947 | Dec 16, 2025 | $1.62 |
| Sep 19, 2025 | $0.842 | Sep 16, 2025 | $1.25 |
| Jun 20, 2025 | $0.862 | Jun 16, 2025 | $1.23 |
| Mar 21, 2025 | $0.850 | Mar 18, 2025 | $1.05 |
| Dec 20, 2024 | $0.964 | Dec 17, 2024 | $1.32 |
| Sep 20, 2024 | $0.851 | Sep 25, 2024 | $1.55 |
| Jun 21, 2024 | $1.02 | Jun 11, 2024 | $0.930 |
| Mar 15, 2024 | $0.656 | Mar 21, 2024 | $0.998 |
| Dec 18, 2023 | $1.10 | Dec 20, 2023 | $1.19 |
VYM vs DVY: common questions
Which pays a higher dividend, VYM or DVY?
As of September 25, 2026, VYM yields 2.33% (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, VYM or DVY?
Over the past year with dividends reinvested, VYM returned +15.53% and DVY returned +14.50%. Over five years, VYM returned +73.66% and DVY returned +59.74%. Past performance does not predict future results.
What would $10,000 in VYM vs DVY be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,553 in VYM and $11,450 in DVY.
How often do VYM and DVY pay dividends?
VYM pays quarterly (4 payments in the last 12 months) and DVY pays quarterly (4 payments).
Is VYM 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.
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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.