DIVB vs DVY: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

iShares Select Dividend ETF

DVYBNasdaq

Overlap

23.8%by weight

Expense ratio

DIVB −0.33pt a year

DIVB0.05%DVY0.38%

Avg volume · 30D

DVY 1.2×the volume

DIVB298KDVY345K

5Y return · a year

DIVB +4.0pt

DIVB+14.4%DVY+10.4%

DIVB vs DVY Performance

Nov 2, 2021 – Nov 2, 2026

+96.0%DIVB+64.1%DVY

Expense ratio: DIVB 0.05%, better; DVY 0.38%
Fund size: DIVB $2.31B; DVY $23.7B
1Y total return: DIVB +41.1%, better; DVY +21.5%
Yield (12M): DIVB 2.07%; DVY 3.27%, better
Holdings: DIVB 384; DVY 100
Avg volume (30D): DIVB 298K sh; DVY 345K sh, better
NAV per share: DIVB $71.28; DVY $162.54
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, DVY, with each pillar’s weight
Pillar	DIVB	DVY
Cost30% weight	A95Higher	C45
Mission25% weight	A86	A92Higher
Risk15% weight	A74Higher	C48
Tradability15% weight	B64	A94Higher
Holdings10% weight	B59	A70Higher
Durability5% weight	A71	A88Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DIVB and DVY 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 3rd and DVY 13th 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 3ADIVBiShares Core Dividend ETFScore 80
Rank 4ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 79
Rank 11AUDIVFranklin U.S. Core Dividend Tilt Index ETFScore 70
Rank 13BDVYiShares Select Dividend ETFScore 69
Rank 14BCDCVictoryShares US EQ Income Enhanced Volatility Wtd ETFScore 68

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

DVYBiShares Select Dividend ETF

In short

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.

DVY One of the original US dividend ETFs (2003). It starts with the high yielders, then makes them prove they can keep paying, landing on about 100 names from a rules-based screen rather than a market-cap sweep.

Stated mandate

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.

DVY The Fund tracks an index of relatively high dividend-paying U.S. equities, using a rules-based selection of high-yielding stocks with dividend sustainability and liquidity requirements.

Why people hold it

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.

DVY Launched in 2003, one of the first dividend ETFs on the market, and today a multi-billion-dollar fund with two decades of live history behind the strategy.ishares.com
The index screens for dividend sustainability and liquidity, not just a fat yield, so a name has to show it can keep the checks coming to get in.ishares.com
Tracks the Dow Jones U.S. Select Dividend Index closely, trades with everyday liquidity, and distributes quarterly.
Among the stronger implementations in the US dividend-screen crowd: the fund delivers the mandate its documents describe, without structural asterisks.

Worth knowing

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.

DVY At 0.38% it sits near the middle of dividend screeners, but rivals like SCHD (0.06%) and VIG (0.04%) run their versions for a fraction of the fee.
A yield-first screen of roughly 100 stocks leans toward mature, income-heavy industries, so sector weights can look nothing like a broad market fund.
US equities only. Foreign dividend payers sit outside the mandate.

Full DIVB profile⁠

Full DVY profile⁠

DIVB vs DVY Holdings

How DIVB and DVY differ

Overlap by weight

23.8%

Shared holdings make up 94.1% of DVY and 30.2% of DIVB.

Level by level

Holdings88 in both23.8%
Countryby domicile98.9%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and DVY, widest gap first
Country	More in DIVBMore in DVY	DIVB	DVY
Ireland	DVY +1.1 points	0.1%	1.2%
United States	DIVB +0.6 points	99.4%	98.8%
Other countries (3)	DIVB +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

DIVB32.7%
DVY19.5%

Securities held

DIVB381
DVY98

Asset class

DIVB: Equity
DVY: Equity

Holdings

Only in DIVB293
In both88
Only in DVY10

Only in DIVB

293 securities, 69.6% of DIVB by weight

Accenture PLC Class A6.53%
Automatic Data Processing Inc4.98%
Cognizant Technology Solutions Cla2.97%
JPMorgan Chase & Co2.36%
Paychex2.06%
Johnson & Johnson2.03%
AbbVie1.94%
Procter & Gamble1.69%
UnitedHealth Group1.46%
Leidos Holdings1.44%
Ss and C Technologies Holdings1.37%
Cdw1.31%
Skyworks Solutions1.31%
Microchip Technology Inc1.22%
Bank of America1.12%
Broadridge Financial Solutions Inc1.06%
Wells Fargo1.05%
Pepsico0.99%
Hca Healthcare0.97%
Citigroup0.78%
Progressive0.77%
Home Depot0.76%
Amgen Inc0.76%
Gen Digital0.72%
Conocophillips0.67%
Abbott Laboratories0.66%
Marathon Petroleum0.64%
Bristol Myers Squibb0.63%
T Mobile Us Inc0.59%
Cigna0.59%
Elevance Health Inc0.58%
Medtronic PLC0.52%
Morgan Stanley0.51%
Capital One Financial Corp0.50%
Jack Henry and Associates Inc0.49%
Genpact0.43%
Union Pacific0.43%
Cme Group Class A0.43%
United Parcel Service Inc Class B0.42%
Becton Dickinson0.39%
Travelers Companies0.39%
Honeywell International Inc0.38%
Avnet0.38%
Bank of New York Mellon Corp0.37%
Aflac0.36%
Lowes Companies Inc0.34%
Phillips 660.33%
BlackRock0.33%
Pnc Financial Services Group0.33%
Slb0.32%

Only in DVY

10 securities, 6.1% of DVY by weight

Omnicom Group Inc1.22%
Xcel Energy Inc0.89%
Idacorp0.64%
Conagra Brands0.58%
H&R Block Inc0.55%
Black Hills Corp0.51%
Lincoln National Corp0.50%
Southwest Gas Holdings0.49%
Albertsons Company Class A0.43%
Graphic Packaging Holding0.26%

Weight gaps

All 88 Holdings in both funds, largest gap first.

Holding weights in DIVB and DVY, widest gap first
Holding	More in DIVBMore in DVY	DIVB	DVY
International Business Machines CoIBM	DIVB +4.28 points	5.18%	0.90%
Prudential Financial IncPRU	DVY +1.88 points	0.24%	2.12%
T Rowe Price GroupTROW	DVY +1.85 points	0.14%	1.99%
OneokOKE	DVY +1.62 points	0.24%	1.86%
Exxonmobil Holdings CorpXOM	DIVB +1.59 points	2.75%	1.16%
ApaAPA	DVY +1.42 points	0.06%	1.48%
Best BuyBBY	DVY +1.42 points	0.09%	1.51%
Target CorpTGT	DVY +1.37 points	0.30%	1.67%
Kimberly ClarkKMB	DVY +1.37 points	0.24%	1.61%
Hf SinclairDINO	DVY +1.30 points	0.06%	1.36%
Dominion EnergyD	DVY +1.28 points	0.15%	1.43%
Lyondellbasell Industries Class ALYB	DVY +1.29 points	0.08%	1.37%
Altria Group IncMO	DVY +1.27 points	1.11%	2.38%
General Mills IncGIS	DVY +1.25 points	0.19%	1.44%
Eversource EnergyES	DVY +1.24 points	0.05%	1.29%
Genuine PartsGPC	DVY +1.22 points	0.04%	1.26%
Principal Financial Group IncPFG	DVY +1.20 points	0.13%	1.33%
Ford Motor CoF	DVY +1.20 points	0.17%	1.37%
KeycorpKEY	DVY +1.17 points	0.09%	1.26%
Edison InternationalEIX	DVY +1.15 points	0.11%	1.26%
Smurfit Westrock PLCSW	DVY +1.11 points	0.07%	1.18%
Regions FinancialRF	DVY +1.08 points	0.13%	1.21%
Invesco LtdIVZ	DVY +1.06 points	0.03%	1.09%
PfizerPFE	DVY +1.06 points	1.39%	2.45%
Archer Daniels MidlandADM	DVY +1.06 points	0.10%	1.16%
Firstenergy CorpFE	DVY +1.06 points	0.07%	1.13%
International PaperIP	DVY +1.05 points	0.08%	1.13%
Wec Energy GroupWEC	DVY +1.03 points	0.06%	1.09%
Exelon CorpEXC	DVY +1.01 points	0.08%	1.09%
Us BancorpUSB	DVY +1.01 points	0.29%	1.29%
Pinnacle WestPNW	DVY +1.00 points	0.02%	1.02%
MetlifeMET	DVY +1.00 points	0.31%	1.31%
Valero Energy CorpVLO	DVY +0.99 points	0.41%	1.40%
Huntington Bancshares IncHBAN	DVY +0.98 points	0.10%	1.08%
Alliant Energy CorpLNT	DVY +0.95 points	0.04%	0.99%
UnumUNM	DVY +0.93 points	0.11%	1.04%
Fifth Third BancorpFITB	DVY +0.92 points	0.16%	1.08%
Eog ResourcesEOG	DVY +0.93 points	0.50%	1.43%
Dte EnergyDTE	DVY +0.89 points	0.07%	0.96%
Truist FinancialTFC	DVY +0.89 points	0.43%	1.32%
Cms EnergyCMS	DVY +0.88 points	0.01%	0.89%
Citizens Financial Group IncCFG	DVY +0.88 points	0.12%	1.00%
Cvs HealthCVS	DVY +0.87 points	0.42%	1.29%
Ppl CorpPPL	DVY +0.87 points	0.06%	0.93%
Fidelity National Financial IncFNF	DVY +0.85 points	0.04%	0.89%
Entergy CorpETR	DVY +0.84 points	<0.01%	0.84%
American Electric Power IncAEP	DVY +0.84 points	0.11%	0.95%
Franklin TempletonBEN	DVY +0.82 points	0.04%	0.86%
Oge EnergyOGE	DVY +0.81 points	0.02%	0.83%
First HorizonFHN	DVY +0.81 points	0.08%	0.89%
Mondelez International Class AMDLZ	DVY +0.81 points	0.44%	1.25%
NisourceNI	DVY +0.80 points	<0.01%	0.81%
Public Service Enterprise GroupPEG	DVY +0.76 points	0.10%	0.86%
Cincinnati FinancialCINF	DVY +0.75 points	0.08%	0.83%
SempraSRE	DVY +0.74 points	0.08%	0.82%
Packaging Corp of AmericaPKG	DVY +0.73 points	0.05%	0.78%
UgiUGI	DVY +0.70 points	0.03%	0.73%
WatscoWSO	DVY +0.71 points	0.03%	0.74%
Old Republic InternationalORI	DVY +0.67 points	0.05%	0.72%
Eastman ChemicalEMN	DVY +0.66 points	0.04%	0.70%
Centerpoint EnergyCNP	DVY +0.66 points	0.03%	0.69%
Verizon Communications IncVZ	DVY +0.65 points	1.01%	1.66%
Chord EnergyCHRD	DVY +0.63 points	0.07%	0.70%
Valley NationalVLY	DVY +0.60 points	<0.01%	0.61%
United BanksharesUBSI	DVY +0.58 points	0.02%	0.60%
Fnb CorpFNB	DVY +0.57 points	0.02%	0.59%
Bunge Global SABG	DVY +0.55 points	0.09%	0.64%
Onemain HoldingsOMF	DVY +0.54 points	0.05%	0.59%
Nextera EnergyNEE	DVY +0.48 points	0.34%	0.82%
Msc Industrial Class AMSM	DVY +0.48 points	0.01%	0.49%
New Jersey Resources CorpNJR	DVY +0.43 points	0.01%	0.44%
Sonoco ProductsSON	DVY +0.41 points	0.02%	0.43%
Lkq CorpLKQ	DVY +0.40 points	0.03%	0.43%
LazardLAZ	DVY +0.37 points	0.01%	0.38%
Nexstar Media Group IncNXST	DVY +0.36 points	0.04%	0.40%
Campbell SoupCPB	DVY +0.35 points	0.04%	0.39%
Penske Automotive Group Voting IncPAG	DVY +0.35 points	0.01%	0.36%
Lockheed MartinLMT	DVY +0.33 points	0.34%	0.67%
Comcast Class ACMCSA	DVY +0.33 points	0.69%	1.02%
Hp IncHPQ	DVY +0.28 points	1.88%	2.16%
ChevronCVX	DIVB +0.28 points	1.90%	1.62%
Merck & Co IncMRK	DIVB +0.20 points	1.34%	1.14%
Bank OzkOZK	DVY +0.19 points	0.01%	0.20%
AT&TT	DVY +0.17 points	0.80%	0.97%
Mcdonalds CorpMCD	DVY +0.07 points	0.52%	0.59%
Gilead SciencesGILD	DVY +0.05 points	0.78%	0.83%
Coca-ColaKO	DIVB +0.02 points	1.08%	1.06%
Philip Morris InternationalPM	DIVB +0.01 points	1.25%	1.24%

All 381 DIVB holdings⁠All 98 DVY 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.

DIVB vs DVY Cost

Overpaying DVY vs DIVB

$6,646

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

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

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
DVY 0.38%
Overpaying

Year by year

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

Expense ratio

0.05%DIVB, cheaper
0.38%DVY

DIVB0.05%DVY0.38%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DIVB 2nd cheapest of 52 funds

DVY 28th cheapest of 52 funds

DIVB vs DVY Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DIVB 2.07%; DVY 3.27%, better
Payout (12M): DIVB $1.48; DVY $5.34
Last payment: DIVB $0.42; DVY $1.33
Ex-dividend: DIVB Sep 15, 2026; DVY Sep 15, 2026
Paid on: DIVB Sep 18, 2026; DVY Sep 18, 2026
Frequency: DIVB Quarterly; DVY Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

DVYQuarterly · 39 paymentsAll DVY payments⁠

DIVB vs DVY Risk

Fall from peak · 5 years

DIVB
DVY

Risk facts

VolatilityStd dev, 3 years: DIVB 14.0%DVY 13.0%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.58, betterDVY 1.14
Worst fallMax drawdown, 5 years: DIVB −21.1%DVY −17.5%, better
Market sensitivityBeta, 5 years: DIVB 0.88DVY 0.57; Market = 1

DIVB and DVY in the news

All news⁠

Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026DIVB
Income Watch
A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%
Sep 20, 2026DVY

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