DIVB vs VONV: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

40.3%by weight

Expense ratio

DIVB −0.01pt a year

DIVB0.05%VONV0.06%

Avg volume · 30D

VONV 2.7×the volume

DIVB290KVONV772K

5Y return · a year

DIVB +2.4pt

DIVB+14.1%VONV+11.7%

DIVB vs VONV Performance

Oct 28, 2021 – Oct 28, 2026

+93.0%DIVB+73.8%VONV

Expense ratio: DIVB 0.05%, better; VONV 0.06%
Fund size: DIVB $2.24B; VONV $23.3B
1Y total return: DIVB +36.6%, better; VONV +27.7%
Yield (12M): DIVB 2.12%, better; VONV 1.53%
Holdings: DIVB 384; VONV 873
Avg volume (30D): DIVB 290K sh; VONV 772K sh, better
NAV per share: DIVB $70.76; VONV $113.36
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, VONV, with each pillar’s weight
Pillar	DIVB	VONV
Cost30% weight	A95	A96
Mission25% weight	A87	A100
Risk15% weight	A74	A85
Tradability15% weight	B64	B60
Holdings10% weight	B58	C49
Durability5% weight	A71	A93

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

US Multifactor⁠

Category · 99 funds

See all 99 ›

VONV ranks 1st of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

VONVAVanguard Russell 1000 Value 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.

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

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.

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

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.

VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes 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.

VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full DIVB profile⁠

Full VONV profile⁠

DIVB vs VONV Holdings

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

How DIVB and VONV differ

Overlap by weight

40.3%

Shared holdings make up 96.5% of DIVB and 41.8% of VONV.

Level by level

Holdings322 in both40.3%
Countryby domicile92.5%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and VONV, widest gap first
Country	More in DIVBMore in VONV	DIVB	VONV
United States	VONV +7.5 points	92.5%	100.0%
Ireland	DIVB +6.9 points	6.9%	0.0%
Other countries (5)	DIVB +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

DIVB32.6%
VONV29.8%

Securities held

DIVB381
VONV871

Asset class

DIVB: Equity
VONV: Equity

Holdings

Only in DIVB59
In both322
Only in VONV549

Only in DIVB

59 securities, 3.2% of DIVB by weight

Microchip Technology Inc1.28%
Lockheed Martin0.34%
Simon Property Group Reit Inc0.22%
Nrg Energy Inc0.12%
Darden Restaurants Inc0.10%
Las Vegas Sands0.09%
Ares Management Class A0.07%
Essent Group0.05%
Radian Group0.04%
California Resources0.04%
Murphy Oil0.03%
Meritage Corp0.03%
Jackson Financial Class A0.03%
Kite Realty Group Trust Reit0.03%
Magnolia Oil Gas Corp Class A0.03%
Noble Corporation PLC0.03%
Cno Financial Group0.03%
Cal Maine Foods0.03%
Autoliv0.03%
Hancock Whitney0.03%
Federated Hermes Inc Class B0.03%
Ufp Industries0.03%
Victory Capital Holdings Class A0.02%
Sm Energy0.02%
Home Bancshares Inc0.02%
Moelis Class A0.02%
Patterson Uti Energy Inc0.02%
Cabot Corp0.02%
Installed Building Products0.02%
Kontoor Brands0.02%
Selective Insurance Group0.02%
Glacier Bancorp Inc0.02%
United Bankshares0.02%
Outfront Media0.02%
Ryman Hospitality Properties Reit0.02%
Northwestern Energy Group0.01%
Warner Music Group Class A0.01%
Pbf Energy Class A0.01%
Erie Indemnity Class A0.01%
Skydance Shs Class B0.01%
Spire Inc0.01%
Old National Bancorp0.01%
New Jersey Resources Corp0.01%
Sabra Health Care Reit0.01%
Stepstone Group Class A<0.01%
Enact Holdings Inc<0.01%
Valley National<0.01%
Phillips Edison and Company<0.01%
First Financial Bankshares Inc<0.01%
Tanger<0.01%

Only in VONV

549 securities, 58.0% of VONV by weight

Amazon.com Inc6.09%
Apple Inc6.07%
Microsoft Corp5.24%
Berkshire Hathaway Inc2.55%
Intel Corp1.51%
Cisco Systems Inc1.17%
Walmart Inc1.15%
Meta Platforms Inc0.80%
Thermo Fisher Scientific Inc0.69%
RTX Corp0.69%
Goldman Sachs Group Inc/The0.67%
Costco Wholesale Corp0.63%
Linde PLC0.60%
QUALCOMM Inc0.53%
Salesforce Inc0.50%
Walt Disney Co/The0.50%
Analog Devices Inc0.49%
Welltower Inc0.46%
Deere & Co0.46%
Charles Schwab Corp/The0.41%
Dell Technologies Inc0.39%
Eaton Corp PLC0.39%
Danaher Corp0.39%
Vertex Pharmaceuticals Inc0.37%
Newmont Corp0.33%
Uber Technologies Inc0.33%
Parker-Hannifin Corp0.33%
S&P Global Inc0.32%
Chubb Ltd0.31%
American Express Co0.31%
Freeport-McMoRan Inc0.28%
Equinix Inc0.27%
Stryker Corp0.26%
Emerson Electric Co0.24%
CSX Corp0.24%
Intercontinental Exchange Inc0.23%
Hewlett Packard Enterprise Co0.23%
Johnson Controls International plc0.23%
Synopsys Inc0.22%
TJX Cos Inc/The0.22%
Constellation Energy Corp0.21%
Regeneron Pharmaceuticals Inc0.21%
Warner Bros Discovery Inc0.20%
Moderna Inc0.19%
O'Reilly Automotive Inc0.19%
Norfolk Southern Corp0.19%
Ecolab Inc0.19%
General Motors Co0.19%
Digital Realty Trust Inc0.18%
Boston Scientific Corp0.18%

Weight gaps

The 100 widest of 322 Holdings in both funds.

Holding weights in DIVB and VONV, widest gap first
Holding	More in DIVBMore in VONV	DIVB	VONV
Accenture PLC Class AACN	DIVB +5.75 points	6.06%	0.31%
Automatic Data Processing IncADP	DIVB +4.88 points	5.06%	0.18%
International Business Machines CoIBM	DIVB +4.55 points	5.12%	0.57%
Cognizant Technology Solutions ClaCTSH	DIVB +3.00 points	3.07%	0.07%
Hp IncHPQ	DIVB +2.15 points	2.23%	0.08%
PaychexPAYX	DIVB +1.96 points	2.05%	0.09%
Leidos HoldingsLDOS	DIVB +1.40 points	1.44%	0.04%
CdwCDW	DIVB +1.36 points	1.41%	0.04%
Ss and C Technologies HoldingsSSNC	DIVB +1.35 points	1.39%	0.04%
Skyworks SolutionsSWKS	DIVB +1.27 points	1.31%	0.04%
Broadridge Financial Solutions IncBR	DIVB +1.02 points	1.07%	0.05%
PfizerPFE	DIVB +0.93 points	1.38%	0.45%
Exxonmobil Holdings CorpXOM	DIVB +0.85 points	2.69%	1.84%
ChevronCVX	DIVB +0.84 points	1.88%	1.04%
Hca HealthcareHCA	DIVB +0.77 points	0.94%	0.17%
Procter & GamblePG	DIVB +0.77 points	1.70%	0.93%
Altria Group IncMO	DIVB +0.76 points	1.07%	0.31%
AbbVieABBV	DIVB +0.75 points	1.92%	1.17%
UnitedHealth GroupUNH	DIVB +0.59 points	1.50%	0.91%
Gen DigitalGEN	DIVB +0.58 points	0.61%	0.03%
PepsicoPEP	DIVB +0.56 points	0.98%	0.42%
Amgen IncAMGN	DIVB +0.56 points	0.74%	0.18%
Home DepotHD	DIVB +0.55 points	0.75%	0.20%
Verizon Communications IncVZ	DIVB +0.48 points	1.01%	0.53%
Marathon PetroleumMPC	DIVB +0.48 points	0.64%	0.16%
Jack Henry and Associates IncJKHY	DIVB +0.46 points	0.49%	0.03%
Comcast Class ACMCSA	DIVB +0.45 points	0.66%	0.21%
ProgressivePGR	DIVB +0.43 points	0.76%	0.33%
GenpactG	DIVB +0.42 points	0.43%	0.01%
Philip Morris InternationalPM	DIVB +0.41 points	1.23%	0.82%
CignaCI	DIVB +0.40 points	0.60%	0.20%
Wells FargoWFC	DIVB +0.39 points	1.06%	0.67%
AvnetAVT	DIVB +0.39 points	0.41%	0.02%
Elevance Health IncELV	DIVB +0.36 points	0.59%	0.23%
AT&TT	DIVB +0.35 points	0.80%	0.45%
T Mobile Us IncTMUS	DIVB +0.35 points	0.57%	0.22%
Merck & Co IncMRK	DIVB +0.30 points	1.29%	0.99%
Eog ResourcesEOG	DIVB +0.30 points	0.50%	0.20%
CitigroupC	DIVB +0.29 points	0.79%	0.50%
Bristol Myers SquibbBMY	DIVB +0.29 points	0.64%	0.35%
Johnson & JohnsonJNJ	DIVB +0.29 points	2.04%	1.75%
Truist FinancialTFC	DIVB +0.27 points	0.43%	0.16%
United Parcel Service Inc Class BUPS	DIVB +0.26 points	0.42%	0.16%
BlackstoneBX	DIVB +0.26 points	0.31%	0.05%
Becton DickinsonBDX	DIVB +0.25 points	0.39%	0.14%
Bank of AmericaBAC	DIVB +0.25 points	1.16%	0.91%
Coca-ColaKO	DIVB +0.25 points	1.06%	0.81%
ConocophillipsCOP	DIVB +0.24 points	0.66%	0.42%
Gilead SciencesGILD	DIVB +0.23 points	0.74%	0.51%
Mondelez International Class AMDLZ	DIVB +0.23 points	0.43%	0.20%
AflacAFL	DIVB +0.23 points	0.36%	0.14%
D R HortonDHI	DIVB +0.23 points	0.32%	0.09%
Universal Display CorpOLED	DIVB +0.21 points	0.22%	<0.01%
Medtronic PLCMDT	DIVB +0.21 points	0.51%	0.30%
Honeywell International IncHON	DIVB +0.21 points	0.39%	0.18%
American Tower ReitAMT	DIVB +0.20 points	0.27%	0.07%
Travelers CompaniesTRV	DIVB +0.20 points	0.40%	0.20%
Capital One Financial CorpCOF	DIVB +0.19 points	0.51%	0.32%
Colgate-PalmoliveCL	DIVB +0.18 points	0.29%	0.11%
Kimberly ClarkKMB	DIVB +0.18 points	0.24%	0.06%
Abbott LaboratoriesABT	DIVB +0.18 points	0.65%	0.47%
MetlifeMET	DIVB +0.17 points	0.31%	0.14%
M&T BankMTB	DIVB +0.16 points	0.25%	0.09%
SyscoSYY	DIVB +0.17 points	0.22%	0.05%
Cme Group Class ACME	DIVB +0.16 points	0.42%	0.26%
SouthernSO	VONV +0.16 points	0.10%	0.26%
Carrier GlobalCARR	DIVB +0.15 points	0.25%	0.10%
Ameriprise Finance IncAMP	DIVB +0.15 points	0.26%	0.11%
General Mills IncGIS	DIVB +0.14 points	0.19%	0.05%
Constellation Brands Class ASTZ	DIVB +0.14 points	0.19%	0.05%
Valero Energy CorpVLO	DIVB +0.14 points	0.41%	0.27%
Lennar A Class ALEN	DIVB +0.14 points	0.17%	0.03%
Illinois Tool IncITW	DIVB +0.14 points	0.28%	0.14%
Kraft HeinzKHC	DIVB +0.13 points	0.18%	0.05%
Prudential Financial IncPRU	DIVB +0.13 points	0.24%	0.11%
Cvs HealthCVS	DIVB +0.13 points	0.43%	0.30%
Bank of New York Mellon CorpBNY	DIVB +0.13 points	0.38%	0.25%
SlbSLB	DIVB +0.13 points	0.33%	0.20%
Crown Castle IncCCI	DIVB +0.12 points	0.20%	0.08%
Entergy CorpETR	VONV +0.13 points	<0.01%	0.13%
KenvueKVUE	DIVB +0.11 points	0.20%	0.09%
BlackRockBLK	VONV +0.10 points	0.34%	0.44%
Hartford Insurance GroupHIG	DIVB +0.10 points	0.19%	0.09%
Target CorpTGT	DIVB +0.10 points	0.30%	0.20%
Starbucks CorpSBUX	DIVB +0.10 points	0.23%	0.13%
Nextera EnergyNEE	VONV +0.10 points	0.34%	0.43%
OneokOKE	DIVB +0.09 points	0.24%	0.15%
Pnc Financial Services GroupPNC	DIVB +0.09 points	0.34%	0.25%
Consolidated EdisonED	VONV +0.08 points	0.02%	0.10%
Nike Class BNKE	DIVB +0.09 points	0.20%	0.11%
3MMMM	DIVB +0.08 points	0.28%	0.20%
T Rowe Price GroupTROW	DIVB +0.08 points	0.14%	0.06%
CloroxCLX	DIVB +0.07 points	0.10%	0.03%
Willis Towers WatsonWTW	DIVB +0.08 points	0.15%	0.07%
Regions FinancialRF	DIVB +0.07 points	0.13%	0.06%
ViatrisVTRS	DIVB +0.07 points	0.13%	0.06%
MarshMRSH	DIVB +0.07 points	0.30%	0.23%
Principal Financial Group IncPFG	DIVB +0.06 points	0.13%	0.07%
Tko Group Holdings Inc Class ATKO	DIVB +0.07 points	0.09%	0.02%
UnumUNM	DIVB +0.07 points	0.11%	0.04%

All 381 DIVB holdings⁠All 872 VONV 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 VONV Cost

Overpaying VONV vs DIVB

$210

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

DIVB 0.05%
$1,060
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
VONV 0.06%
Overpaying

Year by year

Year	DIVB	VONV	Overpaying
10	$92	$110	$18
20	$360	$432	$72
30	$1,060	$1,270	$210

Expense ratio

0.05%DIVB, cheaper
0.06%VONV

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

VONV among 99 US Multifactor funds

VONV0.06%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

DIVB vs VONV Dividends

Last 12 months to Oct 28, 2026

Yield (12M): DIVB 2.12%, better; VONV 1.53%
Payout (12M): DIVB $1.48; VONV $1.74
Last payment: DIVB $0.42; VONV $0.42
Ex-dividend: DIVB Sep 15, 2026; VONV Sep 23, 2026
Paid on: DIVB Sep 18, 2026; VONV Sep 25, 2026
Frequency: DIVB Quarterly; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

DIVB vs VONV Risk

Fall from peak · 5 years

DIVB
VONV

Risk facts

VolatilityStd dev, 3 years: DIVB 13.4%VONV 12.4%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.31, betterVONV 1.18
Worst fallMax drawdown, 5 years: DIVB −21.1%VONV −18.9%, better
Market sensitivityBeta, 5 years: DIVB 0.88VONV 0.85; Market = 1

DIVB and VONV in the news

All news⁠

Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VONV
Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026VONV

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DIVB vs VONV

In short

Stated mandate

Why people hold it

Worth knowing

How DIVB and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in VONV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best value ETF depends on whose list you bought

US multifactor funds ran 30 points apart

How DIVB and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in VONV

Weight gaps