DIVB vs FVD: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

First Trust Value Line Dividend Index Fund

FVDCNYSE Arca

Overlap

26.3%by weight

Expense ratio

DIVB −0.57pt a year

DIVB0.05%FVD0.62%

Avg volume · 30D

FVD 1.8×the volume

DIVB298KFVD541K

5Y return · a year

DIVB +7.9pt

DIVB+14.5%FVD+6.6%

DIVB vs FVD Performance

Oct 29, 2021 – Oct 30, 2026

+96.4%DIVB+38.0%FVD

Expense ratio: DIVB 0.05%, better; FVD 0.62%
Fund size: DIVB $2.31B; FVD $8.08B
1Y total return: DIVB +40.7%, better; FVD +15.1%
Yield (12M): DIVB 2.08%; FVD 2.21%, better
Holdings: DIVB 384; FVD 243
Avg volume (30D): DIVB 298K sh; FVD 541K sh, better
NAV per share: DIVB $71.28; FVD $50.73
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, FVD, with each pillar’s weight
Pillar	DIVB	FVD
Cost30% weight	A95Higher	F6
Mission25% weight	A86Higher	A84
Risk15% weight	A74Higher	C51
Tradability15% weight	B64	A77Higher
Holdings10% weight	B60	A88Higher
Durability5% weight	A71	A79Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DIVB and FVD 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 FVD 29th 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 28BDESWisdomTree U.S. SmallCap Dividend FundScore 56
Rank 29CFVDFirst Trust Value Line Dividend Index FundScore 54
Rank 30CFDLFirst Trust Morningstar Dividend Leaders Index FundScore 52

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

FVDCFirst Trust Value Line Dividend Index Fund

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.

FVD A 2003-vintage dividend fund that runs US stocks through Value Line's Safety ranking, putting financial strength ahead of headline yield. Old-school pedigree, and old-school pricing at 0.62%.

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.

FVD The Fund seeks investment results corresponding generally to the price and yield of the Value Line® Dividend Index before fees and expenses.

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.

FVD Holdings come off Value Line's Safety ranking system, a quality screen, rather than a sort for the biggest yields on the board.ftportfolios.com
Trading since August 2003: one mandate, one index, multiple full market cycles behind it.
Roughly 220 US names, so no single dividend payer sets the tone, and it has tracked its stated index closely.
A multi-billion-dollar fund that trades actively and pays quarterly, so getting in or out is rarely the sticking point.

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.

FVD The research overlay isn't free: 0.62% a year, against 0.04% for VIG and 0.06% for SCHD. Cheaper trackers crowd the front of this peer group.
The screen prizes safety and financial strength, a different job than maximizing income, so this is not a high-yield vehicle.ftportfolios.com
The objective targets the index's price and yield before fees and expenses, so the expense ratio comes off the top of whatever the index does.ftportfolios.com

Full DIVB profile⁠

Full FVD profile⁠

DIVB vs FVD Holdings

How DIVB and FVD differ

Overlap by weight

26.3%

Shared holdings make up 58.6% of DIVB and 57.8% of FVD.

Level by level

Holdings139 in both26.3%
Countryby domicile85.2%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and FVD, widest gap first
Country	More in DIVBMore in FVD	DIVB	FVD
United States	DIVB +14.7 points	99.4%	84.7%
Canada	FVD +7.1 points	0.0%	7.1%
United Kingdom	FVD +3.6 points	0.1%	3.7%
Japan	FVD +1.2 points	0.0%	1.2%
Switzerland	FVD +0.9 points	0.0%	0.8%
France	FVD +0.8 points	0.0%	0.8%
Other countries (6)	FVD +1.1 points	0.5%	1.6%

Concentration

Weight in the 10 largest Holdings

DIVB32.7%
FVD4.4%

Securities held

DIVB381
FVD241

Asset class

DIVB: Equity
FVD: Equity

Holdings

Only in DIVB242
In both139
Only in FVD102

Only in DIVB

242 securities, 41.1% of DIVB by weight

International Business Machines Co5.18%
Cognizant Technology Solutions Cla2.97%
Hp Inc1.88%
UnitedHealth Group1.46%
Leidos Holdings1.44%
Cdw1.31%
Skyworks Solutions1.31%
Microchip Technology Inc1.22%
Wells Fargo1.05%
Hca Healthcare0.97%
AT&T0.80%
Citigroup0.78%
Progressive0.77%
Gen Digital0.72%
Conocophillips0.67%
Marathon Petroleum0.64%
Cigna0.59%
Elevance Health Inc0.58%
Capital One Financial Corp0.50%
Eog Resources0.50%
Genpact0.43%
Truist Financial0.43%
United Parcel Service Inc Class B0.42%
Cvs Health0.42%
Valero Energy Corp0.41%
Avnet0.38%
Phillips 660.33%
Slb0.32%
D R Horton0.31%
Blackstone0.31%
Target Corp0.30%
3M0.28%
Prologis Reit0.27%
American Tower Reit0.27%
Ameriprise Finance Inc0.25%
M&T Bank0.25%
Oneok0.24%
Carrier Global0.23%
Starbucks Corp0.23%
Simon Property Group Reit Inc0.22%
Universal Display Corp0.20%
Crown Castle Inc0.20%
Nike Class B0.20%
Devon Energy0.19%
Ford Motor Co0.17%
Lennar A Class A0.17%
Fifth Third Bancorp0.16%
Northern Trust0.14%
Regions Financial0.13%
Royalty Pharma PLC Class A0.13%

Only in FVD

102 securities, 42.0% of FVD by weight

AstraZeneca Plc0.45%
Lincoln Electric Holdings, Inc.0.44%
L3Harris Technologies, Inc.0.44%
Aon Plc (Class A)0.44%
Sanofi (ADR)0.44%
Intercontinental Exchange, Inc.0.43%
Jacobs Solutions Inc.0.43%
Ecolab Inc.0.43%
Novartis AG (ADR)0.43%
IDACORP, Inc.0.43%
Quest Diagnostics Incorporated0.43%
Arthur J. Gallagher & Co.0.42%
TC Energy Corporation0.42%
Norfolk Southern Corporation0.42%
Dover Corporation0.42%
Xcel Energy Inc.0.42%
Enbridge Inc.0.42%
British American Tobacco Plc (ADR)0.42%
Takeda Pharmaceutical Company Limited (ADR)0.42%
Black Hills Corporation0.42%
Pembina Pipeline Corporation0.42%
Graco Inc.0.42%
TELUS Corporation0.42%
Chubb Limited0.42%
Emerson Electric Co.0.42%
Fortis Inc.0.42%
Assurant, Inc.0.42%
Stantec Inc.0.42%
Sun Life Financial Inc.0.42%
Church & Dwight Co., Inc.0.42%
TotalEnergies SE0.42%
Shell plc (ADR)0.42%
California Water Service Group0.42%
Nasdaq, Inc.0.42%
CSX Corporation0.42%
Linde Plc0.42%
American States Water Company0.42%
America Movil, S.A.B. de C.V. (ADR)0.42%
Motorola Solutions, Inc.0.42%
IDEX Corporation0.42%
RTX Corporation0.41%
Republic Services, Inc.0.41%
Chesapeake Utilities Corporation0.41%
Infosys Limited (ADR)0.41%
Brady Corporation0.41%
American International Group, Inc.0.41%
Emera Incorporated0.41%
Avista Corporation0.41%
Rogers Communications Inc. (Class B)0.41%
Southwest Gas Holdings, Inc.0.41%

Weight gaps

The 100 widest of 139 Holdings in both funds.

Holding weights in DIVB and FVD, widest gap first
Holding	More in DIVBMore in FVD	DIVB	FVD
Accenture PLC Class AACN	DIVB +6.10 points	6.53%	0.43%
Automatic Data Processing IncADP	DIVB +4.58 points	4.98%	0.40%
Exxonmobil Holdings CorpXOM	DIVB +2.33 points	2.75%	0.42%
JPMorgan Chase & CoJPM	DIVB +1.95 points	2.36%	0.41%
PaychexPAYX	DIVB +1.66 points	2.06%	0.40%
Johnson & JohnsonJNJ	DIVB +1.61 points	2.03%	0.42%
AbbVieABBV	DIVB +1.52 points	1.94%	0.42%
ChevronCVX	DIVB +1.48 points	1.90%	0.42%
Procter & GamblePG	DIVB +1.28 points	1.69%	0.41%
PfizerPFE	DIVB +0.97 points	1.39%	0.42%
Ss and C Technologies HoldingsSSNC	DIVB +0.97 points	1.37%	0.40%
Merck & Co IncMRK	DIVB +0.90 points	1.34%	0.44%
Philip Morris InternationalPM	DIVB +0.83 points	1.25%	0.42%
Bank of AmericaBAC	DIVB +0.71 points	1.12%	0.41%
Altria Group IncMO	DIVB +0.68 points	1.11%	0.43%
Coca-ColaKO	DIVB +0.66 points	1.08%	0.42%
Broadridge Financial Solutions IncBR	DIVB +0.65 points	1.06%	0.41%
Verizon Communications IncVZ	DIVB +0.58 points	1.01%	0.43%
PepsicoPEP	DIVB +0.57 points	0.99%	0.42%
Entergy CorpETR	FVD +0.42 points	<0.01%	0.42%
Reynolds Consumer Products IncREYN	FVD +0.41 points	<0.01%	0.42%
NisourceNI	FVD +0.41 points	<0.01%	0.42%
Spire IncSR	FVD +0.41 points	0.01%	0.42%
Msc Industrial Class AMSM	FVD +0.41 points	0.01%	0.42%
Rpm International IncRPM	FVD +0.40 points	0.03%	0.43%
Northwestern Energy GroupNWE	FVD +0.41 points	0.01%	0.42%
Essential Utilities IncWTRG	FVD +0.40 points	0.02%	0.42%
Cms EnergyCMS	FVD +0.40 points	0.01%	0.41%
New Jersey Resources CorpNJR	FVD +0.40 points	0.01%	0.41%
Oge EnergyOGE	FVD +0.40 points	0.02%	0.42%
Federal Realty Investment Trust ReFRT	FVD +0.39 points	0.02%	0.41%
Consolidated EdisonED	FVD +0.39 points	0.02%	0.41%
Sonoco ProductsSON	FVD +0.40 points	0.02%	0.42%
Federated Hermes Inc Class BFHI	FVD +0.39 points	0.03%	0.42%
Pinnacle WestPNW	FVD +0.39 points	0.02%	0.41%
Selective Insurance GroupSIGI	FVD +0.39 points	0.02%	0.41%
Enact Holdings IncACT	FVD +0.39 points	<0.01%	0.40%
Centerpoint EnergyCNP	FVD +0.39 points	0.03%	0.42%
National Fuel GasNFG	FVD +0.39 points	<0.01%	0.40%
Hanover Insurance GroupTHG	FVD +0.39 points	0.03%	0.42%
AmerenAEE	FVD +0.39 points	0.03%	0.42%
American Financial GroupAFG	FVD +0.39 points	0.03%	0.42%
AptargroupATR	FVD +0.38 points	0.06%	0.44%
American Water WorksAWK	FVD +0.39 points	0.03%	0.42%
Dolby Laboratories Class ADLB	FVD +0.38 points	0.02%	0.40%
Alliant Energy CorpLNT	FVD +0.38 points	0.04%	0.42%
Regency Centers Reit CorpREG	FVD +0.39 points	0.03%	0.42%
Axis Capital HoldingsAXS	FVD +0.38 points	0.04%	0.42%
Hormel Foods CorpHRL	FVD +0.38 points	0.04%	0.42%
Gaming and Leisure Properties ReitGLPI	FVD +0.38 points	0.03%	0.41%
Commerce BancsharesCBSH	FVD +0.37 points	0.03%	0.40%
Ingredion IncINGR	FVD +0.38 points	0.04%	0.42%
Reinsurance Group of AmericaRGA	FVD +0.37 points	0.04%	0.41%
American Homes Rent Reit Class AAMH	FVD +0.36 points	0.04%	0.40%
Equity Lifestyle Properties Reit IELS	FVD +0.37 points	0.03%	0.40%
Eversource EnergyES	FVD +0.37 points	0.05%	0.42%
Kimco Realty Reit CorpKIM	FVD +0.37 points	0.06%	0.43%
EvergyEVRG	FVD +0.37 points	0.05%	0.42%
Wec Energy GroupWEC	FVD +0.37 points	0.06%	0.43%
Old Republic InternationalORI	FVD +0.36 points	0.05%	0.41%
PrimericaPRI	FVD +0.37 points	0.05%	0.42%
Packaging Corp of AmericaPKG	FVD +0.37 points	0.05%	0.42%
Udr ReitUDR	FVD +0.36 points	0.05%	0.41%
Ppl CorpPPL	FVD +0.36 points	0.06%	0.42%
Jm SmuckerSJM	FVD +0.35 points	0.06%	0.41%
W. P. Carey ReitWPC	FVD +0.35 points	0.06%	0.41%
Dte EnergyDTE	FVD +0.35 points	0.07%	0.42%
Snap On IncSNA	FVD +0.35 points	0.06%	0.41%
Mid America Apartment CommunitiesMAA	FVD +0.35 points	0.05%	0.40%
Camden Property Trust ReitCPT	FVD +0.34 points	0.06%	0.40%
Essex Property Trust ReitESS	FVD +0.34 points	0.05%	0.39%
Sun Communities Reit IncSUI	FVD +0.35 points	0.04%	0.39%
Cincinnati FinancialCINF	FVD +0.34 points	0.08%	0.42%
Firstenergy CorpFE	FVD +0.35 points	0.07%	0.42%
Home DepotHD	DIVB +0.34 points	0.76%	0.42%
Gilead SciencesGILD	DIVB +0.34 points	0.78%	0.44%
Exelon CorpEXC	FVD +0.35 points	0.08%	0.43%
Avery Dennison CorpAVY	FVD +0.34 points	0.07%	0.41%
Ppg IndustriesPPG	FVD +0.34 points	0.11%	0.45%
Invitation HomesINVH	FVD +0.34 points	0.06%	0.40%
Amgen IncAMGN	DIVB +0.33 points	0.76%	0.43%
Public Service Enterprise GroupPEG	FVD +0.32 points	0.10%	0.42%
FastenalFAST	FVD +0.32 points	0.09%	0.41%
SouthernSO	FVD +0.32 points	0.10%	0.42%
Vici Pptys IncVICI	FVD +0.31 points	0.11%	0.42%
Amcor PLCAMCR	FVD +0.31 points	0.11%	0.42%
American Electric Power IncAEP	FVD +0.30 points	0.11%	0.41%
Air Products and ChemicalsAPD	FVD +0.30 points	0.12%	0.42%
Yum BrandsYUM	FVD +0.30 points	0.13%	0.43%
Hershey FoodsHSY	FVD +0.28 points	0.12%	0.40%
Principal Financial Group IncPFG	FVD +0.29 points	0.13%	0.42%
Public Storage ReitPSA	FVD +0.27 points	0.16%	0.43%
Otis WorldwideOTIS	FVD +0.27 points	0.14%	0.41%
Vivmark ResidentialVMRK	FVD +0.27 points	0.13%	0.40%
T Rowe Price GroupTROW	FVD +0.27 points	0.14%	0.41%
Realty Income ReitO	FVD +0.28 points	0.13%	0.41%
Dominion EnergyD	FVD +0.27 points	0.15%	0.42%
Willis Towers WatsonWTW	FVD +0.26 points	0.15%	0.41%
Comcast Class ACMCSA	DIVB +0.26 points	0.69%	0.43%
Keurig Dr Pepper IncKDP	FVD +0.26 points	0.16%	0.42%

All 381 DIVB holdings⁠All 241 FVD 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 FVD Cost

Overpaying FVD vs DIVB

$11,119

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

DIVB 0.05%
$1,060
FVD 0.62%
$12,179

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
FVD 0.62%
Overpaying

Year by year

Year	DIVB	FVD	Overpaying
10	$92	$1,111	$1,019
20	$360	$4,246	$3,886
30	$1,060	$12,179	$11,119

Expense ratio

0.05%DIVB, cheaper
0.62%FVD

DIVB0.05%FVD0.62%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DIVB 2nd cheapest of 52 funds

FVD 49th cheapest of 52 funds

DIVB vs FVD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DIVB 2.08%; FVD 2.21%, better
Payout (12M): DIVB $1.48; FVD $1.12
Last payment: DIVB $0.42; FVD $0.26
Ex-dividend: DIVB Sep 15, 2026; FVD Sep 24, 2026
Paid on: DIVB Sep 18, 2026; FVD Sep 30, 2026
Frequency: DIVB Quarterly; FVD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

FVDQuarterly · 39 paymentsAll FVD payments⁠

DIVB vs FVD Risk

Fall from peak · 5 years

DIVB
FVD

Risk facts

VolatilityStd dev, 3 years: DIVB 14.0%FVD 11.9%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.58, betterFVD 0.80
Worst fallMax drawdown, 5 years: DIVB −21.1%FVD −16.4%, better
Market sensitivityBeta, 5 years: DIVB 0.88FVD 0.49; Market = 1

DIVB and FVD 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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DIVB vs FVD

In short

Stated mandate

Why people hold it

Worth knowing

How DIVB and FVD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in FVD

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 DIVB and FVD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in FVD

Weight gaps