DVY vs HDV Stock Comparison: AI Score, Valuation, Performance and Upside
DVY (iShares Select Dividend) and HDV (iShares Core High Dividend) are both BlackRock high-yield dividend ETFs but with different selection philosophies — DVY screens for the 100 highest-yielding U.S. stocks with basic sustainability filters, while HDV screens for quality via Morningstar's economic moat methodology. DVY typically offers higher yield with more sector concentration; HDV offers lower yield with stronger quality screening at much lower cost.
DVY vs HDV is yield maximization with basic filters (highest 100 U.S. yielders with payout ratio screens) versus quality-first dividend income (Morningstar moat and financial health screening for sustainable high dividends) — both serving income investors but with different risk profiles and cost structures.
HDV holds the edge across 4 of 5 key metrics in this comparison. HDV has delivered stronger 1-year price return (+21.86% vs +16.68% for DVY).
- Want maximum current dividend income from the 100 highest-yielding U.S. stocks with basic payout sustainability filters and monthly distributions
- Accept sector concentration in utilities, financials, and energy as a tradeoff for the higher yield that these sectors typically provide
- Value the monthly payment schedule for regular cash flow planning in retirement or for regular income withdrawal needs
- Want high-dividend income with quality screening (Morningstar economic moat) at ultra-low cost (0.08%) — prioritizing dividend sustainability over maximum current yield
- Value HDV's sector diversification across energy, healthcare, consumer staples, and financials versus DVY's concentration
- Prefer the lower cost structure — HDV's 0.08% expense ratio versus DVY's 0.38% provides a 0.30% annual performance advantage before yield comparisons
| Metric | DVY | HDV |
|---|---|---|
| ETF scorei | 75.0 | 83.0 |
| Latest closei | $158.24 | $28.74 |
| 1M returni | -3.58% | -3.79% |
| 6M returni | +10.20% | +10.46% |
| 1Y returni | +16.68% | +21.86% |
The ETF score weights long-term returns and risk-adjusted performance most heavily, but still rewards low expense ratios, larger fund size, and broader diversification — so it can favor low-cost, broad, mega-cap funds over smaller thematic or actively-managed funds even when the latter have delivered stronger returns.
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DVY | HDV |
|---|---|---|
| 1Y ago | $12.09K (+20.9%) started 2025-09-18 | $12.59K (+25.9%) started 2025-09-18 |
| 5Y ago | $20.54K (+105.4%) started 2021-09-20 | $22.4K (+124.0%) started 2021-09-20 |
| 10Y ago | $41.29K (+312.9%) started 2016-09-19 | $39.95K (+299.5%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | DVY | HDV |
|---|---|---|
| Expense ratioi | 0.38% | 0.08% |
| Total assets (AUM)i | $23.61B | $15.49B |
| Dividend yieldi | 3.24% | 3.34% |
| Trailing P/Ei | 15.05 | 21.49 |
| Betai | 0.70 | 0.56 |
| 52-week change | 16.68% | 21.86% |
| Metric | DVY | HDV |
|---|---|---|
| 1Y returni | +16.68% | +21.86% |
| 6M returni | +10.20% | +10.46% |
| 1M returni | -3.58% | -3.79% |
| 1Y Sharpe ratio | 1.04 | 1.45 |
| Betai | 0.70 | 0.56 |
| Dividend yieldi | 3.24% | 3.34% |
| 5Y CAGR | +10.82% | +12.86% |
Over the past year, DVY and HDV have moved strongly in the same direction (correlation of 0.73), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | DVY | HDV |
|---|---|---|---|
| 1Y | Growthi | +16.68% | +21.86% |
| CAGRi | +16.69% | +21.88% | |
| Volatilityi | 11.12% | 10.97% | |
| Sharpe ratioi | 1.04 | 1.45 | |
| Sortino ratioi | 1.55 | 2.31 | |
| Max drawdowni | 6.89% | 5.18% | |
| Current drawdowni | 3.60% | 3.79% | |
| Avg drawdowni | 1.49% | 1.45% | |
| Ulcer Indexi | 2.01% | 1.97% | |
| Max daily dropi | 1.79% | 1.78% | |
| Max wkly dropi | 3.46% | 3.72% | |
| 5Y | Growthi | +67.01% | +82.99% |
| CAGRi | +10.82% | +12.86% | |
| Volatilityi | 15.06% | 12.94% | |
| Sharpe ratioi | 0.46 | 0.66 | |
| Sortino ratioi | 0.66 | 0.94 | |
| Max drawdowni | 17.54% | 15.42% | |
| Current drawdowni | 3.60% | 3.79% | |
| Avg drawdowni | 4.74% | 2.68% | |
| Ulcer Indexi | 6.38% | 3.81% | |
| Max daily dropi | 5.41% | 6.03% | |
| Max wkly dropi | 11.78% | 10.04% | |
| 10Y | Growthi | +166.32% | +156.73% |
| CAGRi | +10.30% | +9.89% | |
| Volatilityi | 18.00% | 15.77% | |
| Sharpe ratioi | 0.39 | 0.39 | |
| Sortino ratioi | 0.54 | 0.55 | |
| Max drawdowni | 41.59% | 37.04% | |
| Current drawdowni | 3.60% | 3.79% | |
| Avg drawdowni | 5.00% | 3.63% | |
| Ulcer Indexi | 7.88% | 5.80% | |
| Max daily dropi | 11.09% | 9.61% | |
| Max wkly dropi | 21.85% | 19.25% |
| Category | DVY | HDV |
|---|---|---|
| Fund name | iShares Select Dividend ETF | iShares Core High Dividend ETF |
| Type | ETF | ETF |
| Expense ratioi | 0.38% | 0.08% |
| Total assets (AUM)i | $23.61B | $15.49B |
| Dividend yieldi | 3.24% | 3.34% |
- High current income — DVY's yield is among the highest of large dividend ETFs, making it suitable for income-focused investors in retirement or seeking to supplement income
- Monthly dividend distributions provide regular cash flow, unlike quarterly distributions from many dividend ETFs
- Value-tilted portfolio — DVY's yield screen naturally selects lower-valuation stocks that have historically offered a value premium over long periods
- Quality screening via Morningstar's economic moat and financial health assessment reduces dividend cut risk versus pure yield-chasing approaches
- Ultra-low expense ratio (0.08%) makes HDV one of the cheapest high-dividend ETFs, providing more yield to investors after costs
- Sector diversification across energy, healthcare, consumer staples, and financials provides broader exposure than purely yield-screened ETFs
- Sector concentration in utilities and financials creates cyclical risk — rising interest rates can simultaneously hurt utility valuations and increase the attractiveness of fixed-income alternatives
- High payout ratios in the constituent stocks mean dividend cuts during recessions can cause both price decline and dividend reduction simultaneously
- DVY's focus on highest current yield can attract mature companies with limited growth prospects — total return may lag growth-tilted strategies in bull markets
- HDV's quality screen may cause it to lag DVY in yield — investors seeking maximum current income may find HDV's lower yield insufficient
- Energy sector concentration (typically 20-25% of HDV) reflects the high dividends paid by energy companies but creates commodity price exposure
- Morningstar's economic moat methodology is a qualitative assessment — it may not perfectly predict dividend sustainability during economic shocks
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