DHS vs DIVB: Grades, Fees and Holdings Compared

WisdomTree U.S. High Dividend Fund

DHSBNYSE Arca

iShares Core Dividend ETF

DIVBACboe

Overlap

27.1%by weight

Expense ratio

DIVB −0.33pt a year

DHS0.38%DIVB0.05%

Avg volume · 30D

DIVB 9.5×the volume

DHS34.5KDIVB328K

5Y return · a year

DIVB +1.7pt

DHS+12.3%DIVB+14.0%

DHS vs DIVB Performance

Nov 9, 2021 – Nov 9, 2026

+78.7%DHS+92.8%DIVB

Expense ratio: DHS 0.38%; DIVB 0.05%, better
Fund size: DHS $1.63B; DIVB $2.35B
1Y total return: DHS +24.4%; DIVB +40.8%, better
Yield (12M): DHS 3.19%, better; DIVB 2.09%
Holdings: DHS 316; DIVB 383
Avg volume (30D): DHS 34.5K sh; DIVB 328K sh, better
NAV per share: DHS $117.52; DIVB $70.40
52W range

ETF.net Grade

Pillar letters and Scores for DHS, DIVB, with each pillar’s weight
Pillar	DHS	DIVB
Cost30% weight	C45	A95Higher
Mission25% weight	A90Higher	A87
Risk15% weight	A76Higher	B68
Tradability15% weight	B55	B65Higher
Holdings10% weight	C50	C54Higher
Durability5% weight	B62	A71Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DHS and DIVB are both graded against the same 52 US Dividend Index funds, so their Grades compare head to head.

US Dividend Index⁠

Category · 52 funds

See all 52 ›

DIVB ranks 4th and DHS 19th of 52 funds in the US Dividend Index Category.

Rank 1ADGROiShares Core Dividend Growth ETFScore 86
Rank 2ASCHDSchwab U.S. Dividend Equity ETFScore 81
Rank 3ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 80
Rank 4ADIVBiShares Core Dividend ETFScore 79
Rank 5AVIGVanguard Dividend Appreciation ETFScore 78
Rank 18BSPDGState Street SPDR Portfolio S&P Sector Neutral Dividend ETFScore 65
Rank 19BDHSWisdomTree U.S. High Dividend FundScore 64
Rank 20BDONWisdomTree U.S. MidCap Dividend FundScore 61

Our read on each fund

ETF.net Research

DHSBWisdomTree U.S. High Dividend Fund

DIVBAiShares Core Dividend ETF

In short

DHS From the shop that made dividend weighting a thing. Since 2006, DHS has ranked US payers by yield, then weighted the survivors by the actual dollars of dividends they pay. Market cap never enters the math.

DIVB Most dividend funds only count the check that hits your account. DIVB's index also counts buybacks, treating a shrinking share count as cash returned to owners, and it charges five basis points to do it.

Stated mandate

DHS The fund seeks to track the investment results of high-dividend-yielding companies in the U.S. equity market.

DIVB The fund seeks to track an index of U.S. companies selected for a history of dividend payments and/or share buybacks, providing equity exposure oriented toward income and long-term growth.

Why people hold it

DHS Weighting runs on cash dividends paid, tilted by a value, quality and momentum risk score. Big payers get big weights, shaky ones get trimmed.wisdomtree.com
Only the top 30% of eligible US payers by yield make the cut, and a name stays until it slips out of the top 35%. Deep screen, low churn.sec.gov
Pays monthly, holds about 400 names, and caps sector weight at the lesser of 25% or 3x the market-cap version so no single yield-heavy sector runs the show.wisdomtree.com
A 2006 original in the dividend-screen category, now a multi-billion-dollar fund still running the mandate it launched with.

DIVB Five basis points a year, one of the lowest fees in the dividend-screen aisle, where the typical fund charges many times more.
The Morningstar US Dividend and Buyback Index counts repurchases alongside payouts, so a company buying back stock qualifies even with a modest yield. Roughly 400 US names.
Sits in the top tier of a large dividend-screen peer group and stays tight to its stated mandate: US dividend payers and buyback machines, nothing exotic.
A billion-dollar-plus member of the iShares Core lineup, running since 2017 and distributing quarterly.

Worth knowing

DHS The 0.38% fee sits at the middle of the dividend-screen pack, but the cheapest peers here (VIG at 0.04%, SCHD at 0.06%) charge a fraction of it.
Trades thinly next to the category giants, so limit orders matter more here than in a fund that changes hands constantly.
By design it buys today's highest yielders, not tomorrow's dividend growers. A different flavor of income than growth-screened peers like DGRO.

DIVB Buybacks return value through share count, not cash in your pocket, so the income profile can sit lighter than pure high-yield screens like SPYD.
Moderately traded rather than a volume heavyweight like SCHD or VIG, so limit orders earn their keep, especially in size.
All-equity, all-US. Dividends and buybacks soften nothing when the American stock market sells off.

Full DHS profile⁠

Full DIVB profile⁠

DHS vs DIVB Holdings

How DHS and DIVB differ

Overlap by weight

27.1%

Shared holdings make up 79.2% of DHS and 32.1% of DIVB.

Level by level

Holdings117 in both27.1%
Sector11 Sectors73.1%
Countryby domicile99.3%
Asset classStocks100%

Sector

Sector weights in DHS and DIVB, widest gap first
Sector	Gap	DHS	DIVB
Technology	DIVB +14.9 points	6.6%	21.5%
Industrials	DIVB +11.2 points	4.1%	15.3%
Utilities	DHS +6.3 points	8.5%	2.2%
Financials	DHS +6.1 points	22.5%	16.4%
Consumer Staples	DHS +5.1 points	14.6%	9.5%
Communication	DHS +4.7 points	8.2%	3.5%
Health Care	DHS +2.3 points	17.2%	14.9%
Consumer Discretionary	DHS +1.3 points	5.4%	4.1%
Energy	DHS +1.3 points	9.6%	8.3%
Real Estate	DIVB +0.7 points	2.3%	3.0%
Materials	DIVB +0.1 points	1.0%	1.1%

Country, concentration and asset class

Country by domicile

Country weights in DHS and DIVB, widest gap first
Country	More in DHSMore in DIVB	Gap	DHS	DIVB
United States		DHS +0.7 points	100.0%	99.3%
Other countries (4)		DIVB +0.7 points	0.0%	0.7%

Concentration

Weight in the 10 largest Holdings

DHS34.9%
DIVB32.8%

Securities held

DHS314
DIVB380

Asset class

DHS: Stocks
DIVB: Stocks

Holdings

Only in DHS197
In both117
Only in DIVB263

Only in DHS

197 securities, 20.6% of DHS by weight

Texas Instruments Inc3.12%
TransDigm Group Inc1.79%
Kraft Foods Inc0.95%
Qualcomm Inc0.94%
Paccar Inc0.89%
Kraft Foods Group0.44%
Omnicom Group Inc0.36%
Springleaf Holdings Inc0.30%
Dillard's Inc0.26%
Iridium Communications Inc0.21%
Americold Realty Trust0.21%
H&R Block Inc0.21%
Lincoln National Corp0.20%
Inter Parfums Inc0.20%
RLI Corp0.19%
Hannon Armstrong Sustainable0.19%
First Bancorp/Puerto Rico0.19%
Avient Corp0.18%
CVB Financial Corp0.18%
First Interstate BancSystem Inc0.18%
Bank of the Ozarks Inc0.18%
SL Green Realty Corp0.17%
Fulton Financial Corp0.17%
Bath & Body Works Inc0.17%
Scotts Miracle-Gro Co/The0.16%
Highwoods Properties Inc0.16%
WesBanco Inc0.16%
Cohen & Steers Inc0.16%
United Community Banks Inc/GA0.15%
Broadstone Net Lease Inc0.15%
HomeStreet Inc0.15%
Albertsons Cos Inc - Class A0.15%
Independent Bank Corp/Rockland0.15%
First Financial Bancorp0.14%
Community Bank System Inc0.14%
Polaris Inc0.13%
Provident Financial Services Inc0.13%
First Hawaiian Inc0.13%
TowneBank/Portsmouth VA0.13%
Bank of Hawaii Corp0.12%
NBT Bancorp Inc0.12%
Pitney Bowes Inc0.12%
Four Corners Property Trust0.12%
First Busey Corp0.12%
Drew Industries Inc0.11%
First Merchants Corp0.11%
Trinity Industries Inc0.11%
Horace Mann Educators Corp0.10%
WAFD Inc0.10%
Greif Inc0.10%

Only in DIVB

263 securities, 67.5% of DIVB by weight

Accenture PLC Class A6.68%
Automatic Data Processing Inc5.22%
Cognizant Technology Solutions Cla2.99%
JPMorgan Chase & Co2.38%
Paychex2.19%
Johnson & Johnson2.09%
Hp Inc1.88%
Procter & Gamble1.75%
UnitedHealth Group1.43%
Cdw1.36%
Leidos Holdings1.36%
Ss and C Technologies Holdings1.34%
Broadridge Financial Solutions Inc1.14%
Bank of America1.12%
Coca-Cola1.11%
Wells Fargo1.07%
Hca Healthcare1.03%
Home Depot0.81%
Gilead Sciences0.78%
Citigroup0.77%
Progressive0.76%
Amgen Inc0.76%
Gen Digital0.75%
Abbott Laboratories0.69%
T Mobile Us Inc0.62%
Elevance Health Inc0.59%
Cigna0.58%
Mcdonalds Corp0.57%
Medtronic PLC0.55%
Marathon Petroleum0.54%
Jack Henry and Associates Inc0.53%
Morgan Stanley0.51%
Capital One Financial Corp0.50%
Genpact0.47%
Mondelez International Class A0.46%
Cme Group Class A0.44%
United Parcel Service Inc Class B0.43%
Becton Dickinson0.43%
Union Pacific0.42%
Travelers Companies0.39%
Honeywell International Inc0.39%
Bank of New York Mellon Corp0.38%
Lowes Companies Inc0.37%
Aflac0.37%
Valero Energy Corp0.36%
Nextera Energy0.36%
Avnet0.35%
BlackRock0.35%
D R Horton0.33%
Marsh0.32%

Weight gaps

The 100 widest of 117 Holdings in both funds.

Holding weights in DHS and DIVB, widest gap first
Holding	Gap	DHS	DIVB
AbbVie IncABBV	DHS +3.63 points	5.57%	1.94%
Merck & Co Inc/NJMRK	DHS +3.42 points	4.75%	1.33%
International Business Machines CorpIBM	DIVB +3.29 points	1.71%	5.00%
Altria Group IncMO	DHS +2.82 points	3.92%	1.10%
Philip Morris International IncPM	DHS +2.17 points	3.37%	1.20%
AT&T IncT	DHS +1.82 points	2.64%	0.82%
Bristol-Myers Squibb CoBMY	DHS +1.80 points	2.44%	0.64%
Duke Energy CorpDUK	DHS +1.61 points	1.86%	0.25%
Verizon Communications IncVZ	DHS +1.53 points	2.58%	1.05%
Blackstone IncBX	DHS +1.40 points	1.71%	0.31%
Exxonmobil Holdings CorpXOM	DHS +1.28 points	3.75%	2.47%
US BancorpUSB	DHS +1.23 points	1.53%	0.30%
CVS Health CorpCVS	DHS +1.14 points	1.53%	0.39%
PepsiCo Inc/NCPEP	DHS +1.07 points	2.11%	1.04%
Chevron CorpCVX	DHS +1.03 points	2.77%	1.74%
Southern Co/TheSO	DHS +1.03 points	1.13%	0.10%
MetLife IncMET	DHS +0.99 points	1.30%	0.31%
Comcast CorpCMCSA	DHS +0.97 points	1.71%	0.74%
Ford Motor CoF	DHS +0.96 points	1.14%	0.18%
Skyworks Solutions IncSWKS	DIVB +0.96 points	0.29%	1.25%
American Electric Power Co IncAEP	DHS +0.96 points	1.07%	0.11%
PNC Financial Services Group IncPNC	DHS +0.92 points	1.25%	0.33%
Pfizer IncPFE	DHS +0.87 points	2.23%	1.36%
Truist Financial CorpTFC	DHS +0.71 points	1.15%	0.44%
Exelon CorpEXC	DHS +0.70 points	0.78%	0.08%
Fifth Third BancorpFITB	DHS +0.68 points	0.84%	0.16%
Microchip Technology IncMCHP	DIVB +0.67 points	0.26%	0.93%
Dominion Energy IncD	DHS +0.65 points	0.80%	0.15%
Prudential Financial IncPRU	DHS +0.63 points	0.88%	0.25%
Franklin Resources IncBEN	DHS +0.45 points	0.50%	0.05%
Blue Owl Capital IncOWL	DHS +0.43 points	0.47%	0.04%
Best Buy Co IncBBY	DHS +0.42 points	0.52%	0.10%
Hasbro IncHAS	DHS +0.41 points	0.45%	0.04%
Viatris IncVTRS	DHS +0.42 points	0.55%	0.13%
Stanley Black & Decker Inc.SWK	DHS +0.38 points	0.44%	0.06%
T Rowe Price Group IncTROW	DHS +0.38 points	0.52%	0.14%
KeycorpKEY	DHS +0.38 points	0.47%	0.09%
FirstEnergy CorpFE	DHS +0.36 points	0.43%	0.07%
Consolidated Edison IncED	DHS +0.35 points	0.37%	0.02%
American Financial Group IncAFG	DHS +0.35 points	0.38%	0.03%
Regions Financial CorpRF	DHS +0.35 points	0.48%	0.13%
Darden Restaurants IncDRI	DHS +0.34 points	0.45%	0.11%
Principal Financial Group IncPFG	DHS +0.32 points	0.45%	0.13%
Citizens Financial Group IncCFG	DHS +0.32 points	0.44%	0.12%
Huntington Bancshares Inc/OHHBAN	DHS +0.32 points	0.41%	0.09%
Sirius Xm Holdings IncSIRI	DHS +0.31 points	0.34%	0.03%
Archer-Daniels-Midland CoADM	DHS +0.30 points	0.39%	0.09%
Target CorpTGT	DHS +0.29 points	0.61%	0.32%
Ares Management Corp - AARES	DHS +0.29 points	0.37%	0.08%
JM Smucker Co/TheSJM	DHS +0.28 points	0.34%	0.06%
Penske Auto Group IncPAG	DHS +0.27 points	0.28%	0.01%
Hershey Co/TheHSY	DHS +0.26 points	0.39%	0.13%
ConocoPhillipsCOP	DHS +0.24 points	0.85%	0.61%
National Retail Properties IncNNN	DHS +0.24 points	0.26%	0.02%
WEC Energy Group IncWEC	DHS +0.24 points	0.29%	0.06%
Sabra Health Care REIT IncSBRA	DHS +0.23 points	0.24%	0.01%
Eversource EnergyES	DHS +0.23 points	0.28%	0.05%
Tyson Foods IncTSN	DHS +0.23 points	0.33%	0.10%
Edison InternationalEIX	DHS +0.22 points	0.33%	0.11%
Columbia Banking System IncCOLB	DHS +0.22 points	0.28%	0.06%
Williams Cos Inc/TheWMB	DHS +0.22 points	0.40%	0.18%
TFS Financial CorpTFSL	DHS +0.21 points	0.22%	<0.01%
Valley National BancorpVLY	DHS +0.21 points	0.22%	<0.01%
Phillips 66PSX	DHS +0.21 points	0.50%	0.29%
Eastman Chemical CoEMN	DHS +0.20 points	0.24%	0.04%
MSC Industrial Direct CoMSM	DHS +0.21 points	0.22%	0.01%
Zions BancorporationZION	DHS +0.20 points	0.22%	0.02%
United Bankshares IncUBSI	DHS +0.19 points	0.21%	0.02%
Entertainment Properties TrustEPR	DHS +0.19 points	0.21%	0.02%
Cullen/Frost Bankers IncCFR	DHS +0.19 points	0.22%	0.03%
Clorox CoCLX	DHS +0.18 points	0.30%	0.12%
Atlantic Union Bankshares CoAUB	DHS +0.19 points	0.19%	<0.01%
Sonoco Products CoSON	DHS +0.18 points	0.20%	0.02%
Fidelity National Financial InFNF	DHS +0.18 points	0.23%	0.05%
Vail Resorts IncMTN	DHS +0.17 points	0.23%	0.06%
Jackson Financial Inc-A W/IJXN	DHS +0.17 points	0.22%	0.05%
Kimberly-Clark CorpKMB	DHS +0.17 points	0.41%	0.24%
Associated Banc-CorpASB	DHS +0.17 points	0.18%	<0.01%
Mosaic Co/TheMOS	DHS +0.16 points	0.18%	0.02%
Campbell Soup CoCPB	DHS +0.16 points	0.20%	0.04%
Kinder Morgan Inc/DEKMI	DHS +0.16 points	0.35%	0.19%
Reynolds Consumer Products IncREYN	DHS +0.15 points	0.16%	<0.01%
Millrose Properties-Cl A W/IMRP	DHS +0.15 points	0.18%	0.03%
First American Financial CorpFAF	DHS +0.15 points	0.17%	0.02%
Moelis & Co - Cl AMC	DHS +0.15 points	0.17%	0.02%
Brown-Forman CorpBF.A	DHS +0.14 points	0.15%	<0.01%
Prosperity Bancshares IncPB	DHS +0.15 points	0.18%	0.03%
Travel + Leisure CoTNL	DHS +0.14 points	0.18%	0.04%
Macy's IncM	DHS +0.13 points	0.16%	0.03%
Nexstar Media Group IncNXST	DHS +0.13 points	0.17%	0.04%
TPG IncTPG	DHS +0.13 points	0.15%	0.02%
DTE Energy CoDTE	DHS +0.11 points	0.18%	0.07%
Alliant Energy CorpLNT	DHS +0.11 points	0.15%	0.04%
Lazard IncLAZ	DHS +0.10 points	0.11%	0.01%
PPL CorpPPL	DHS +0.09 points	0.15%	0.06%
Evergy IncEVRG	DHS +0.06 points	0.11%	0.05%
General Mills IncGIS	DHS +0.06 points	0.26%	0.20%
Pinnacle West Capital CorpPNW	DHS +0.05 points	0.07%	0.02%
Permian Resources CorpPR	DHS +0.05 points	0.08%	0.03%
EOG Resources IncEOG	DIVB +0.05 points	0.40%	0.45%

All 378 DHS holdings⁠All 380 DIVB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DHS vs DIVB Cost

Overpaying DHS vs DIVB

$6,646

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DHS 0.38%
$7,706
DIVB 0.05%
$1,060

Amount$10,000

Years30 years

Cost over time

DHS 0.38%
DIVB 0.05%
Overpaying

Year by year

Year	DHS	DIVB	Overpaying
10	$688	$92	$596
20	$2,658	$360	$2,298
30	$7,706	$1,060	$6,646

Expense ratio

0.38%DHS
0.05%DIVB, cheaper

DIVB0.05%DHS0.38%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DIVB 2nd cheapest of 52 funds

DHS 28th cheapest of 52 funds

DHS vs DIVB Dividends

Last 12 months to Nov 9, 2026

Yield (12M): DHS 3.19%, better; DIVB 2.09%
Payout (12M): DHS $3.79; DIVB $1.48
Last payment: DHS $0.31; DIVB $0.42
Ex-dividend: DHS Oct 27, 2026; DIVB Sep 15, 2026
Paid on: DHS Oct 29, 2026; DIVB Sep 18, 2026
Frequency: DHS Monthly; DIVB Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

DHSMonthly · 47 paymentsAll DHS payments⁠

DIVBQuarterly · 15 paymentsAll DIVB payments⁠

DHS vs DIVB Risk

Fall from peak · 5 years

DHS
DIVB

Risk facts

VolatilityStd dev, 3 years: DHS 12.4%, betterDIVB 14.0%
Return per unit of riskSharpe ratio, 3 years: DHS 1.25DIVB 1.58, better
Worst fallMax drawdown, 5 years: DHS −15.3%, betterDIVB −21.1%
Market sensitivityBeta, 5 years: DHS 0.47DIVB 0.86; Market = 1

DHS and DIVB in the news

All news⁠

Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026DIVB

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DHS vs DIVB

In short

Stated mandate

Why people hold it

Worth knowing

How DHS and DIVB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DHS

Only in DIVB

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

For a rising dividend, iShares Core Dividend Growth ETF ranks first

How DHS and DIVB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DHS

Only in DIVB

Weight gaps