DIVB vs SPYM: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

State Street SPDR Portfolio S&P 500 ETF

SPYMANYSE Arca

Overlap

25.0%by weight

Expense ratio

SPYM −0.03pt a year

DIVB0.05%SPYM0.02%

Avg volume · 30D

SPYM 41.7×the volume

DIVB290KSPYM12.1M

5Y return · a year

DIVB +1.5pt

DIVB+14.1%SPYM+12.6%

DIVB vs SPYM Performance

Oct 28, 2021 – Oct 28, 2026

+93.0%DIVB+80.7%SPYM

Expense ratio: DIVB 0.05%; SPYM 0.02%, better
Fund size: DIVB $2.24B; SPYM $183B
1Y total return: DIVB +36.6%, better; SPYM +13.7%
Yield (12M): DIVB 2.12%, better; SPYM 1.00%
Holdings: DIVB 384; SPYM 508
Avg volume (30D): DIVB 290K sh; SPYM 12.1M sh, better
NAV per share: DIVB $70.76; SPYM $90.06
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, SPYM, with each pillar’s weight
Pillar	DIVB	SPYM
Cost30% weight	A95	A99
Mission25% weight	A87	A100
Risk15% weight	A74	C51
Tradability15% weight	B64	A72
Holdings10% weight	B58	B57
Durability5% weight	A71	A79

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

US Dividend Index⁠

Category · 52 funds

See all 52 ›

DIVB ranks 2nd of 52 funds in the US Dividend Index Category.

Rank 1ADGROiShares Core Dividend Growth ETFScore 84
Rank 2ADIVBiShares Core Dividend ETFScore 80
Rank 2ASCHDSchwab U.S. Dividend Equity ETFScore 80

S&P 500⁠

Category · 14 funds

See all 14 ›

SPYM ranks 1st of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

SPYMAState Street SPDR Portfolio S&P 500 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.

SPYM State Street's budget-priced S&P 500 tracker: the same 500 large caps as its famous sibling, for 0.02% a year, the lowest fee in its S&P 500 peer group. Running since 2005 and now one of the category's giants.

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.

SPYM The fund seeks to track the total return of the S&P 500 Index before fees and expenses, providing broad exposure to U.S. large-cap equities.

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.

SPYM 0.02% a year, the cheapest fee in its S&P 500 cohort, against a 0.15% median for the group. Two dollars a year per $10,000 invested.
Same S&P 500 index as State Street's flagship SPY (0.09%), for a fraction of the fee, and a basis point under VOO and IVV.
Tracks the index tightly: gaps between fund and benchmark are among the smallest in its peer group, which is the whole job of an index wrapper.
Live since 2005, now one of the largest and most heavily traded funds in the category. Distributions land quarterly.

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.

SPYM The S&P 500 is cap-weighted, so the biggest US companies drive most of the move. Equal-weight takes on the same index (RSP) spread that bet differently.
About 500 US large caps and nothing else: no mid caps, no small caps, no international.
The fee edge over VOO and IVV is one basis point. Same index, so trading costs and platform access matter as much as the sticker fee.

Full DIVB profile⁠

Full SPYM profile⁠

DIVB vs SPYM Holdings

Holdings as of Oct 28, 2026 for DIVB and Oct 27, 2026 for SPYM

How DIVB and SPYM differ

Overlap by weight

25.0%

Shared holdings make up 92.5% of DIVB and 25.3% of SPYM.

Level by level

Holdings211 in both25.0%
Countryby domicile94.1%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and SPYM, widest gap first
Country	More in DIVBMore in SPYM	DIVB	SPYM
Ireland	DIVB +5.7 points	6.9%	1.2%
United States	SPYM +5.1 points	92.5%	97.6%
Other countries (8)	SPYM +0.6 points	0.6%	1.2%

Concentration

Weight in the 10 largest Holdings

DIVB32.6%
SPYM37.9%

Securities held

DIVB381
SPYM506

Asset class

DIVB: Equity
SPYM: Equity

Holdings

Only in DIVB170
In both211
Only in SPYM295

Only in DIVB

170 securities, 7.1% of DIVB by weight

Ss and C Technologies Holdings1.39%
Genpact0.43%
Avnet0.41%
Universal Display Corp0.22%
Royalty Pharma PLC Class A0.13%
Unum0.11%
Match Group Inc0.09%
First Horizon0.09%
Booz Allen Hamilton Holding Class0.08%
Ovintiv0.07%
Chord Energy0.07%
Owens Corning0.06%
Ryder System0.06%
Columbia Banking System Inc0.06%
Hf Sinclair0.06%
W. P. Carey Reit0.06%
Aptargroup0.05%
Vail Resorts0.05%
Primerica0.05%
Carlyle Group Inc0.05%
Popular0.05%
Dicks Sporting0.05%
Service0.05%
Aecom0.05%
Toro0.05%
Lamar Advertising Company Clas0.05%
Essent Group0.05%
East West Bancorp0.05%
Onemain Holdings0.05%
Lamb Weston Holdings0.05%
Old Republic International0.05%
Sun Communities Reit Inc0.05%
Voya Financial0.04%
Ingredion Inc0.04%
Lear0.04%
Axis Capital Holdings0.04%
Southstate Bank Corp0.04%
Radian Group0.04%
Nexstar Media Group Inc0.04%
Healthcare Realty Trust Inc Class0.04%
Pool0.04%
Eastman Chemical0.04%
Cubesmart Reit0.04%
California Resources0.04%
American Homes Rent Reit Class A0.04%
Campbell Soup0.04%
Reinsurance Group of America0.04%
Travel Leisure0.04%
Nov0.04%
Cullen Frost Bankers0.04%

Only in SPYM

295 securities, 74.6% of SPYM by weight

NVIDIA Corp7.90%
Apple Inc7.58%
Microsoft Corp5.98%
Amazon.com Inc3.69%
Alphabet Inc Class A2.81%
Broadcom Inc2.37%
Alphabet Inc Class C2.26%
Meta Platforms Inc Class A2.10%
Tesla Inc1.67%
Eli Lilly & Co1.55%
Berkshire Hathaway Inc Class B1.54%
Micron Technology Inc1.54%
Advanced Micro Devices1.31%
Visa Inc Class A Shares1.04%
Walmart Inc0.81%
Mastercard Inc A0.75%
Palantir Technologies Inc A0.69%
Intel Corp0.68%
Costco Wholesale Corp0.67%
Cisco Systems Inc0.66%
Palo Alto Networks Inc0.48%
Caterpillar Inc0.48%
Applied Materials Inc0.47%
General Electric0.45%
Lam Research Corp0.45%
Texas Instruments Inc0.41%
Crowdstrike Holdings Inc A0.40%
Rtx Corp0.40%
Netflix Inc0.40%
Goldman Sachs Group Inc0.39%
Thermo Fisher Scientific Inc0.38%
Linde PLC0.35%
Ge Vernova Inc0.34%
Oracle Corp0.33%
Marvell Technology Inc0.31%
Salesforce Inc0.31%
Analog Devices Inc0.30%
Kla Corp0.29%
Qualcomm Inc0.29%
Walt Disney Co/The0.29%
Amphenol Corp Class A0.28%
Arista Networks Inc0.28%
Sandisk Corp0.28%
Welltower Inc0.26%
American Express Co0.25%
Servicenow Inc0.25%
Deere & Co0.24%
Intuitive Surgical Inc0.24%
Tjx Companies Inc0.24%
Boeing Co/The0.22%

Weight gaps

The 100 widest of 211 Holdings in both funds.

Holding weights in DIVB and SPYM, widest gap first
Holding	More in DIVBMore in SPYM	DIVB	SPYM
Accenture PLC Class AACN	DIVB +5.83 points	6.06%	0.23%
Automatic Data Processing IncADP	DIVB +4.88 points	5.06%	0.18%
International Business Machines CoIBM	DIVB +4.76 points	5.12%	0.36%
Cognizant Technology Solutions ClaCTSH	DIVB +3.02 points	3.07%	0.05%
Hp IncHPQ	DIVB +2.18 points	2.23%	0.05%
PaychexPAYX	DIVB +1.99 points	2.05%	0.06%
Exxonmobil Holdings CorpXOM	DIVB +1.54 points	2.69%	1.15%
Leidos HoldingsLDOS	DIVB +1.41 points	1.44%	0.03%
CdwCDW	DIVB +1.38 points	1.41%	0.03%
Skyworks SolutionsSWKS	DIVB +1.28 points	1.31%	0.03%
Microchip Technology IncMCHP	DIVB +1.22 points	1.28%	0.06%
ChevronCVX	DIVB +1.19 points	1.88%	0.69%
AbbVieABBV	DIVB +1.15 points	1.92%	0.77%
Procter & GamblePG	DIVB +1.14 points	1.70%	0.56%
PfizerPFE	DIVB +1.12 points	1.38%	0.26%
Johnson & JohnsonJNJ	DIVB +1.07 points	2.04%	0.97%
JPMorgan Chase & CoJPM	DIVB +1.06 points	2.40%	1.34%
Broadridge Financial Solutions IncBR	DIVB +1.04 points	1.07%	0.03%
UnitedHealth GroupUNH	DIVB +0.94 points	1.50%	0.56%
Altria Group IncMO	DIVB +0.88 points	1.07%	0.19%
Hca HealthcareHCA	DIVB +0.84 points	0.94%	0.10%
Merck & Co IncMRK	DIVB +0.77 points	1.29%	0.52%
Philip Morris InternationalPM	DIVB +0.75 points	1.23%	0.48%
Verizon Communications IncVZ	DIVB +0.74 points	1.01%	0.27%
PepsicoPEP	DIVB +0.70 points	0.98%	0.28%
Wells FargoWFC	DIVB +0.68 points	1.06%	0.38%
Bank of AmericaBAC	DIVB +0.66 points	1.16%	0.50%
Gen DigitalGEN	DIVB +0.59 points	0.61%	0.02%
AT&TT	DIVB +0.58 points	0.80%	0.22%
ProgressivePGR	DIVB +0.56 points	0.76%	0.20%
Comcast Class ACMCSA	DIVB +0.54 points	0.66%	0.12%
Coca-ColaKO	DIVB +0.52 points	1.06%	0.54%
CitigroupC	DIVB +0.48 points	0.79%	0.31%
CignaCI	DIVB +0.48 points	0.60%	0.12%
Jack Henry and Associates IncJKHY	DIVB +0.47 points	0.49%	0.02%
T Mobile Us IncTMUS	DIVB +0.46 points	0.57%	0.11%
Elevance Health IncELV	DIVB +0.45 points	0.59%	0.14%
Bristol Myers SquibbBMY	DIVB +0.45 points	0.64%	0.19%
Gilead SciencesGILD	DIVB +0.44 points	0.74%	0.30%
Marathon PetroleumMPC	DIVB +0.44 points	0.64%	0.20%
ConocophillipsCOP	DIVB +0.39 points	0.66%	0.27%
Abbott LaboratoriesABT	DIVB +0.38 points	0.65%	0.27%
Amgen IncAMGN	DIVB +0.38 points	0.74%	0.36%
Eog ResourcesEOG	DIVB +0.37 points	0.50%	0.13%
Truist FinancialTFC	DIVB +0.34 points	0.43%	0.09%
Medtronic PLCMDT	DIVB +0.33 points	0.51%	0.18%
Capital One Financial CorpCOF	DIVB +0.32 points	0.51%	0.19%
Mondelez International Class AMDLZ	DIVB +0.31 points	0.43%	0.12%
Becton DickinsonBDX	DIVB +0.31 points	0.39%	0.08%
United Parcel Service Inc Class BUPS	DIVB +0.31 points	0.42%	0.11%
Honeywell International IncHON	DIVB +0.28 points	0.39%	0.11%
AflacAFL	DIVB +0.29 points	0.36%	0.08%
Home DepotHD	DIVB +0.27 points	0.75%	0.48%
Travelers CompaniesTRV	DIVB +0.27 points	0.40%	0.13%
D R HortonDHI	DIVB +0.26 points	0.32%	0.06%
Cme Group Class ACME	DIVB +0.25 points	0.42%	0.17%
Cvs HealthCVS	DIVB +0.25 points	0.43%	0.18%
Mcdonalds CorpMCD	DIVB +0.25 points	0.52%	0.27%
MetlifeMET	DIVB +0.23 points	0.31%	0.08%
Bank of New York Mellon CorpBNY	DIVB +0.23 points	0.38%	0.15%
Valero Energy CorpVLO	DIVB +0.22 points	0.41%	0.19%
SlbSLB	DIVB +0.21 points	0.33%	0.12%
M&T BankMTB	DIVB +0.20 points	0.25%	0.05%
Pnc Financial Services GroupPNC	DIVB +0.20 points	0.34%	0.14%
Morgan StanleyMS	DIVB +0.19 points	0.52%	0.33%
Target CorpTGT	DIVB +0.20 points	0.30%	0.10%
Ameriprise Finance IncAMP	DIVB +0.19 points	0.26%	0.07%
Kimberly ClarkKMB	DIVB +0.18 points	0.24%	0.06%
Carrier GlobalCARR	DIVB +0.18 points	0.25%	0.07%
Colgate-PalmoliveCL	DIVB +0.18 points	0.29%	0.11%
Prudential Financial IncPRU	DIVB +0.18 points	0.24%	0.06%
BlackstoneBX	DIVB +0.17 points	0.31%	0.14%
Illinois Tool IncITW	DIVB +0.17 points	0.28%	0.11%
Union PacificUNP	DIVB +0.16 points	0.43%	0.27%
Lowes Companies IncLOW	DIVB +0.16 points	0.33%	0.17%
General Mills IncGIS	DIVB +0.16 points	0.19%	0.03%
SyscoSYY	DIVB +0.16 points	0.22%	0.06%
Us BancorpUSB	DIVB +0.16 points	0.30%	0.14%
MarshMRSH	DIVB +0.16 points	0.30%	0.14%
Constellation Brands Class ASTZ	DIVB +0.16 points	0.19%	0.03%
Kraft HeinzKHC	DIVB +0.15 points	0.18%	0.03%
OneokOKE	DIVB +0.15 points	0.24%	0.09%
Phillips 66PSX	DIVB +0.15 points	0.32%	0.17%
Lockheed MartinLMT	DIVB +0.15 points	0.34%	0.19%
Crown Castle IncCCI	DIVB +0.14 points	0.20%	0.06%
3MMMM	DIVB +0.15 points	0.28%	0.13%
KenvueKVUE	DIVB +0.14 points	0.20%	0.06%
Lennar A Class ALEN	DIVB +0.15 points	0.17%	0.02%
Hartford Insurance GroupHIG	DIVB +0.13 points	0.19%	0.06%
American Tower ReitAMT	DIVB +0.14 points	0.27%	0.13%
Nike Class BNKE	DIVB +0.13 points	0.20%	0.07%
State StreetSTT	DIVB +0.12 points	0.19%	0.07%
Simon Property Group Reit IncSPG	DIVB +0.12 points	0.22%	0.10%
Kinder MorganKMI	DIVB +0.12 points	0.22%	0.10%
Devon EnergyDVN	DIVB +0.10 points	0.19%	0.09%
T Rowe Price GroupTROW	DIVB +0.11 points	0.14%	0.03%
Willis Towers WatsonWTW	DIVB +0.10 points	0.15%	0.05%
Principal Financial Group IncPFG	DIVB +0.10 points	0.13%	0.03%
Allstate CorpALL	DIVB +0.10 points	0.20%	0.10%
Duke Energy CorpDUK	DIVB +0.10 points	0.25%	0.15%

All 381 DIVB holdings⁠All 505 SPYM 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 SPYM Cost

Overpaying DIVB vs SPYM

$634

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

DIVB 0.05%
$1,060
SPYM 0.02%
$426

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
SPYM 0.02%
Overpaying

Year by year

Year	DIVB	SPYM	Overpaying
10	$92	$37	$55
20	$360	$144	$216
30	$1,060	$426	$634

Expense ratio

0.05%DIVB
0.02%SPYM, cheaper

Different Categories, so each fee sits in its own Category’s range.

DIVB among 52 US Dividend Index funds

DIVB0.05%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DIVB 2nd cheapest of 52 funds

SPYM among 14 S&P 500 funds

SPYM0.02%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

SPYM cheapest of 14 funds

DIVB vs SPYM Dividends

Last 12 months to Oct 28, 2026

Yield (12M): DIVB 2.12%, better; SPYM 1.00%
Payout (12M): DIVB $1.48; SPYM $0.91
Last payment: DIVB $0.42; SPYM $0.24
Ex-dividend: DIVB Sep 15, 2026; SPYM Sep 11, 2026
Paid on: DIVB Sep 18, 2026; SPYM Sep 15, 2026
Frequency: DIVB Quarterly; SPYM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

SPYMQuarterly · 39 paymentsAll SPYM payments⁠

DIVB vs SPYM Risk

Fall from peak · 5 years

DIVB
SPYM

Risk facts

VolatilityStd dev, 3 years: DIVB 13.4%SPYM 12.4%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.31SPYM 1.37, better
Worst fallMax drawdown, 5 years: DIVB −21.1%, betterSPYM −24.5%
Market sensitivityBeta, 5 years: DIVB 0.88SPYM 1.01; Market = 1

DIVB and SPYM in the news

All news⁠

Deep Dive
SPY is a 1993 trust, and it still costs more to hold the S&P 500
46 minutes agoSPYM
Head-to-Head
SPYM leads IWF by 9.4 percentage points in 2026. They are not the same bet
Oct 21, 2026SPYM
Deep Dive
SPY trailed the S&P 500 by 0.14 percentage points over the past year, more than triple the gap at cheaper rivals
Oct 13, 2026SPYM
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026SPYM
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026SPYM

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DIVB vs SPYM

In short

Stated mandate

Why people hold it