DIVB vs VOO: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

Vanguard S&P 500 ETF

VOOANYSE Arca

Overlap

23.6%by weight

Expense ratio

VOO −0.02pt a year

DIVB0.05%VOO0.03%

Avg volume · 30D

VOO 24.9×the volume

DIVB290KVOO7.22M

5Y return · a year

DIVB +1.5pt

DIVB+14.1%VOO+12.6%

DIVB vs VOO Performance

Oct 28, 2021 – Oct 28, 2026

+93.0%DIVB+80.7%VOO

Expense ratio: DIVB 0.05%; VOO 0.03%, better
Fund size: DIVB $2.24B; VOO $1.7T
1Y total return: DIVB +36.6%, better; VOO +13.7%
Yield (12M): DIVB 2.12%, better; VOO 1.05%
Holdings: DIVB 384; VOO 507
Avg volume (30D): DIVB 290K sh; VOO 7.22M sh, better
NAV per share: DIVB $70.76; VOO $707.53
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, VOO, with each pillar’s weight
Pillar	DIVB	VOO
Cost30% weight	A95	A84
Mission25% weight	A87	A100
Risk15% weight	A74	C51
Tradability15% weight	B64	C53
Holdings10% weight	B58	C41
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

S&P 500⁠

Category · 14 funds

See all 14 ›

VOO ranks 3rd 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
Rank 3AVOOVanguard S&P 500 ETFScore 74
Rank 4AUSPXFranklin U.S. Equity Index ETFScore 71

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

VOOAVanguard 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.

VOO Not a standalone ETF but a share class of Vanguard's flagship 500 Index Fund: the same roughly 500 large US companies, 0.03% a year, in a wrapper you can trade all day.

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.

VOO The fund invests in stocks represented by the S&P 500 Index and seeks to closely track that index's return as a measure of overall U.S. stock performance.

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.

VOO 0.03% a year against a 0.15% median for S&P 500 trackers. On a fund this size, that fee gap is the whole product.
Holds the index outright, all roughly 500 names, and its tracking record sits among the tightest in the S&P 500 group.vanguard.com
One of the most actively traded ETFs in the market, which tends to keep the cost of getting in and out small.
It is the ETF share class of Vanguard's 500 Index Fund, and Vanguard is owned by its own funds, so no outside parent takes a cut.vanguard.com sec.gov

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.

VOO Large US companies only, weighted by size, so the biggest few names carry the most weight and drive much of the move.spglobal.com
Membership is not purely mechanical: an S&P index committee decides which companies come in and go out.spglobal.com
SPYM tracks the same index for 0.02%. A rounding error for most, but real if cost is your only tiebreaker.

Full DIVB profile⁠

Full VOO profile⁠

DIVB vs VOO Holdings

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

How DIVB and VOO differ

Overlap by weight

23.6%

Shared holdings make up 92.5% of DIVB and 23.8% of VOO.

Level by level

Holdings211 in both23.6%
Countryby domicile92.5%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and VOO, widest gap first
Country	More in DIVBMore in VOO	DIVB	VOO
United States	VOO +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%
VOO39.1%

Securities held

DIVB381
VOO506

Asset class

DIVB: Equity
VOO: Equity

Holdings

Only in DIVB170
In both211
Only in VOO295

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 VOO

295 securities, 76.3% of VOO by weight

NVIDIA Corp8.40%
Apple Inc7.39%
Microsoft Corp5.79%
Amazon.com Inc3.72%
Alphabet Inc3.07%
Broadcom Inc2.54%
Alphabet Inc2.46%
Meta Platforms Inc2.43%
Micron Technology Inc1.83%
Tesla Inc1.52%
Advanced Micro Devices Inc1.52%
Berkshire Hathaway Inc1.41%
Eli Lilly & Co1.41%
Visa Inc0.91%
Intel Corp0.91%
Walmart Inc0.70%
Mastercard Inc0.68%
Palantir Technologies Inc0.65%
Cisco Systems Inc0.64%
Lam Research Corp0.62%
Applied Materials Inc0.62%
Costco Wholesale Corp0.61%
Caterpillar Inc0.57%
General Electric Co0.49%
Palo Alto Networks Inc0.49%
Netflix Inc0.44%
Crowdstrike Holdings Inc0.41%
Texas Instruments Inc0.39%
KLA Corp0.39%
Sandisk Corp0.39%
GE Vernova Inc0.38%
RTX Corp0.38%
Thermo Fisher Scientific Inc0.38%
Goldman Sachs Group Inc/The0.37%
Oracle Corp0.36%
Marvell Technology Inc0.35%
Linde PLC0.33%
Arista Networks Inc0.32%
Seagate Technology Holdings PLC0.32%
Amphenol Corp0.32%
QUALCOMM Inc0.30%
Analog Devices Inc0.29%
Salesforce Inc0.29%
Walt Disney Co/The0.28%
Deere & Co0.26%
Eaton Corp PLC0.25%
Welltower Inc0.25%
Western Digital Corp0.25%
Dell Technologies Inc0.25%
American Express Co0.24%

Weight gaps

The 100 widest of 211 Holdings in both funds.

Holding weights in DIVB and VOO, widest gap first
Holding	More in DIVBMore in VOO	DIVB	VOO
Accenture PLC Class AACN	DIVB +5.89 points	6.06%	0.17%
Automatic Data Processing IncADP	DIVB +4.90 points	5.06%	0.16%
International Business Machines CoIBM	DIVB +4.81 points	5.12%	0.31%
Cognizant Technology Solutions ClaCTSH	DIVB +3.03 points	3.07%	0.04%
Hp IncHPQ	DIVB +2.19 points	2.23%	0.04%
PaychexPAYX	DIVB +2.00 points	2.05%	0.05%
Exxonmobil Holdings CorpXOM	DIVB +1.67 points	2.69%	1.02%
Leidos HoldingsLDOS	DIVB +1.42 points	1.44%	0.02%
CdwCDW	DIVB +1.39 points	1.41%	0.02%
Skyworks SolutionsSWKS	DIVB +1.29 points	1.31%	0.02%
ChevronCVX	DIVB +1.27 points	1.88%	0.61%
Microchip Technology IncMCHP	DIVB +1.22 points	1.28%	0.06%
AbbVieABBV	DIVB +1.22 points	1.92%	0.70%
Procter & GamblePG	DIVB +1.19 points	1.70%	0.51%
PfizerPFE	DIVB +1.13 points	1.38%	0.25%
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 +1.00 points	1.50%	0.50%
Altria Group IncMO	DIVB +0.90 points	1.07%	0.17%
Hca HealthcareHCA	DIVB +0.84 points	0.94%	0.10%
Philip Morris InternationalPM	DIVB +0.78 points	1.23%	0.45%
Merck & Co IncMRK	DIVB +0.75 points	1.29%	0.54%
PepsicoPEP	DIVB +0.72 points	0.98%	0.26%
Verizon Communications IncVZ	DIVB +0.72 points	1.01%	0.29%
Wells FargoWFC	DIVB +0.69 points	1.06%	0.37%
Bank of AmericaBAC	DIVB +0.62 points	1.16%	0.54%
Gen DigitalGEN	DIVB +0.59 points	0.61%	0.02%
ProgressivePGR	DIVB +0.58 points	0.76%	0.18%
Coca-ColaKO	DIVB +0.55 points	1.06%	0.51%
Comcast Class ACMCSA	DIVB +0.54 points	0.66%	0.12%
AT&TT	DIVB +0.55 points	0.80%	0.25%
CignaCI	DIVB +0.49 points	0.60%	0.11%
Jack Henry and Associates IncJKHY	DIVB +0.47 points	0.49%	0.02%
Marathon PetroleumMPC	DIVB +0.47 points	0.64%	0.17%
CitigroupC	DIVB +0.47 points	0.79%	0.32%
Elevance Health IncELV	DIVB +0.47 points	0.59%	0.12%
Gilead SciencesGILD	DIVB +0.46 points	0.74%	0.28%
T Mobile Us IncTMUS	DIVB +0.45 points	0.57%	0.12%
Bristol Myers SquibbBMY	DIVB +0.45 points	0.64%	0.19%
ConocophillipsCOP	DIVB +0.43 points	0.66%	0.23%
Amgen IncAMGN	DIVB +0.39 points	0.74%	0.35%
Abbott LaboratoriesABT	DIVB +0.39 points	0.65%	0.26%
Eog ResourcesEOG	DIVB +0.39 points	0.50%	0.11%
Truist FinancialTFC	DIVB +0.34 points	0.43%	0.09%
Medtronic PLCMDT	DIVB +0.34 points	0.51%	0.17%
Capital One Financial CorpCOF	DIVB +0.33 points	0.51%	0.18%
Home DepotHD	DIVB +0.32 points	0.75%	0.43%
Mondelez International Class AMDLZ	DIVB +0.32 points	0.43%	0.11%
Becton DickinsonBDX	DIVB +0.32 points	0.39%	0.07%
United Parcel Service Inc Class BUPS	DIVB +0.31 points	0.42%	0.11%
AflacAFL	DIVB +0.29 points	0.36%	0.08%
Honeywell International IncHON	DIVB +0.29 points	0.39%	0.10%
Travelers CompaniesTRV	DIVB +0.29 points	0.40%	0.11%
Cme Group Class ACME	DIVB +0.28 points	0.42%	0.14%
Mcdonalds CorpMCD	DIVB +0.27 points	0.52%	0.25%
D R HortonDHI	DIVB +0.27 points	0.32%	0.05%
Cvs HealthCVS	DIVB +0.26 points	0.43%	0.17%
Valero Energy CorpVLO	DIVB +0.24 points	0.41%	0.17%
MetlifeMET	DIVB +0.23 points	0.31%	0.08%
Bank of New York Mellon CorpBNY	DIVB +0.23 points	0.38%	0.15%
SlbSLB	DIVB +0.22 points	0.33%	0.11%
M&T BankMTB	DIVB +0.20 points	0.25%	0.05%
Pnc Financial Services GroupPNC	DIVB +0.21 points	0.34%	0.13%
Kimberly ClarkKMB	DIVB +0.19 points	0.24%	0.05%
Ameriprise Finance IncAMP	DIVB +0.19 points	0.26%	0.07%
Colgate-PalmoliveCL	DIVB +0.19 points	0.29%	0.10%
Target CorpTGT	DIVB +0.19 points	0.30%	0.11%
Union PacificUNP	DIVB +0.18 points	0.43%	0.25%
Lockheed MartinLMT	DIVB +0.18 points	0.34%	0.16%
Morgan StanleyMS	DIVB +0.18 points	0.52%	0.34%
Carrier GlobalCARR	DIVB +0.18 points	0.25%	0.07%
BlackstoneBX	DIVB +0.18 points	0.31%	0.13%
Prudential Financial IncPRU	DIVB +0.18 points	0.24%	0.06%
Lowes Companies IncLOW	DIVB +0.17 points	0.33%	0.16%
Illinois Tool IncITW	DIVB +0.18 points	0.28%	0.10%
MarshMRSH	DIVB +0.18 points	0.30%	0.12%
Phillips 66PSX	DIVB +0.17 points	0.32%	0.15%
SyscoSYY	DIVB +0.16 points	0.22%	0.06%
General Mills IncGIS	DIVB +0.16 points	0.19%	0.03%
Us BancorpUSB	DIVB +0.16 points	0.30%	0.14%
Crown Castle IncCCI	DIVB +0.16 points	0.20%	0.04%
OneokOKE	DIVB +0.16 points	0.24%	0.08%
Constellation Brands Class ASTZ	DIVB +0.16 points	0.19%	0.03%
Kraft HeinzKHC	DIVB +0.15 points	0.18%	0.03%
American Tower ReitAMT	DIVB +0.15 points	0.27%	0.12%
3MMMM	DIVB +0.15 points	0.28%	0.13%
KenvueKVUE	DIVB +0.15 points	0.20%	0.05%
Lennar A Class ALEN	DIVB +0.15 points	0.17%	0.02%
Hartford Insurance GroupHIG	DIVB +0.14 points	0.19%	0.05%
Nike Class BNKE	DIVB +0.14 points	0.20%	0.06%
Kinder MorganKMI	DIVB +0.13 points	0.22%	0.09%
Simon Property Group Reit IncSPG	DIVB +0.12 points	0.22%	0.10%
State StreetSTT	DIVB +0.12 points	0.19%	0.07%
Devon EnergyDVN	DIVB +0.11 points	0.19%	0.08%
Allstate CorpALL	DIVB +0.11 points	0.20%	0.09%
Duke Energy CorpDUK	DIVB +0.11 points	0.25%	0.14%
Willis Towers WatsonWTW	DIVB +0.11 points	0.15%	0.04%
BlackRockBLK	DIVB +0.11 points	0.34%	0.23%
T Rowe Price GroupTROW	DIVB +0.11 points	0.14%	0.03%

All 381 DIVB holdings⁠All 505 VOO 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 VOO Cost

Overpaying DIVB vs VOO

$422

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

DIVB 0.05%
$1,060
VOO 0.03%
$638

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
VOO 0.03%
Overpaying

Year by year

Year	DIVB	VOO	Overpaying
10	$92	$55	$37
20	$360	$216	$144
30	$1,060	$638	$422

Expense ratio

0.05%DIVB
0.03%VOO, 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

VOO among 14 S&P 500 funds

VOO0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

VOO 2nd cheapest of 14 funds

DIVB vs VOO Dividends

Last 12 months to Oct 28, 2026

Yield (12M): DIVB 2.12%, better; VOO 1.05%
Payout (12M): DIVB $1.48; VOO $7.43
Last payment: DIVB $0.42; VOO $1.82
Ex-dividend: DIVB Sep 15, 2026; VOO Sep 28, 2026
Paid on: DIVB Sep 18, 2026; VOO Sep 30, 2026
Frequency: DIVB Quarterly; VOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

VOOQuarterly · 39 paymentsAll VOO payments⁠

DIVB vs VOO Risk

Fall from peak · 5 years

DIVB
VOO

Risk facts

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

DIVB and VOO in the news

All news⁠

Head-to-Head
Take VTI over VOO unless you already own the rest of the market
Oct 23, 2026VOO
Head-to-Head
VOO has kept about a tenth of a percentage point a year more of the S&P 500 than SPY
Oct 23, 2026VOO
Head-to-Head
VOO vs. VOOG: the S&P 500 fund is the better default
Oct 23, 2026VOO
Head-to-Head
VOO is the better core fund. QQQ only wins as a Nasdaq-100 bet
Oct 23, 2026VOO
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026VOO
New ETFs
GMO's ETF share class costs more than the fund's $35 million Class III shares
Oct 22, 2026VOO

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