DVYE vs EDIV: Grades, Fees and Holdings Compared

iShares Emerging Markets Dividend ETF

DVYEANYSE Arca

State Street SPDR S&P Emerging Markets Dividend ETF

EDIVANYSE Arca

Overlap

1.8%by weight

Expense ratio

DVYE0.49%EDIV0.49%

Avg volume · 30D

DVYE 1.4×the volume

DVYE141KEDIV98K

10Y return · a year

EDIV +1.6pt

DVYE+6.4%EDIV+8.0%

DVYE vs EDIV Performance

Oct 29, 2021 – Oct 30, 2026

+29.9%DVYE+70.9%EDIV

Expense ratio: DVYE 0.49%; EDIV 0.49%
Fund size: DVYE $1.14B; EDIV $1.17B
1Y total return: DVYE +15.6%, better; EDIV +9.2%
Yield (12M): DVYE 5.22%, better; EDIV 4.34%
Holdings: DVYE 128; EDIV 127
Avg volume (30D): DVYE 141K sh, better; EDIV 98K sh
NAV per share: DVYE $33.36; EDIV $40.47
52W range

ETF.net Grade

Pillar letters and Scores for DVYE, EDIV, with each pillar’s weight
Pillar	DVYE	EDIV
Cost30% weight	B66	B66
Mission25% weight	A83Higher	A82
Risk15% weight	B64Higher	B63
Tradability15% weight	A75Higher	A71
Holdings10% weight	C54	A70Higher
Durability5% weight	A76Higher	A74

Rank among Emerging Markets Dividend Index funds

How we build Categories ›

Same Category. DVYE and EDIV are both graded against the same 10 Emerging Markets Dividend Index funds, so their Grades compare head to head.

Emerging Markets Dividend Index⁠

Category · 10 funds

See all 10 ›

DVYE ranks 1st and EDIV 1st of 10 funds in the Emerging Markets Dividend Index Category.

Rank 1ADVYEiShares Emerging Markets Dividend ETFScore 70
Rank 1AEDIVState Street SPDR S&P Emerging Markets Dividend ETFScore 70
Rank 3BDIEMFranklin Emerging Market Core Dividend Tilt Index ETFScore 66

Our read on each fund

ETF.net Research

DVYEAiShares Emerging Markets Dividend ETF

EDIVAState Street SPDR S&P Emerging Markets Dividend ETF

In short

DVYE Running since 2012, it ranks emerging-market stocks by indicated dividend yield and holds the top 100. That yield-first screen pulls the portfolio toward the value corners of EM rather than the mega-cap tech names, at 0.49% a year.

EDIV Running since 2011, EDIV screens emerging-market dividend payers on risk-adjusted yield, dividend-growth stability and profitability, then applies diversification limits. Quality of the dividend over raw yield, for 0.49% a year.

Stated mandate

DVYE The Fund seeks to track an index of relatively high dividend-paying equities in emerging markets, providing exposure to dividend-focused emerging-market stocks.

EDIV The fund seeks to track the total return of the S&P Emerging Markets Dividend Opportunities Index, which selects emerging-market stocks using risk-adjusted yield, dividend-growth stability, profitability, and diversification requirements.

Why people hold it

DVYE The index ranks EM stocks by indicated annual dividend yield and takes the top 100, with buffer rules that hold existing names in place instead of churning the roster each rebalance.ishares.com spglobal.com
0.49% with no waiver propping up the number, below the median fee in its category. Same sticker as EDIV at 0.49%.
Listed since 2012 and now a billion-dollar-plus fund that tracks its index closely, one of the stronger implementations among EM dividend ETFs.
Holds the stocks directly rather than using swaps, and sends income out to shareholders quarterly.ishares.com

EDIV The index does real work: names qualify on risk-adjusted yield, dividend-growth stability and profitability, with diversification requirements, so one wobbly high-yielder cannot run the portfolio.ssga.com
At 0.49% a year, the fee sits below the median for emerging-market dividend screens, and the fund tracks its index closely enough to rank among the stronger implementations in that group.
A veteran, not an experiment: trading since 2011, a multi-billion-dollar fund from SPDR that distributes quarterly.

Worth knowing

DVYE Sorting by yield steers the book toward payers like financials and energy. Screening, buffering and weighting constraints trim the extremes, they do not erase the tilt.ishares.com spglobal.com
About 100 stocks means one country or sector can move results more than in a broad cap-weighted EM fund, and payouts move with what those companies declare.
Cheaper shelf-mates exist: DIEM charges 0.19% for a core dividend-tilt build, a gentler screen than the yield-ranked approach here.

EDIV Plainer routes cost less. Franklin's DIEM runs a dividend-tilt index at 0.19%, so the extra fee here buys the selection screen, not broader coverage.
About 110 stocks, not the whole emerging market. Single-country politics and currency moves land harder than in a broad, thousand-name EM index fund.
Trading is moderate rather than heavy, so spreads can widen in fast markets. Emerging-market dividends are seasonal, so quarterly payments vary in size.

Full DVYE profile⁠

Full EDIV profile⁠

DVYE vs EDIV Holdings

How DVYE and EDIV differ

Overlap by weight

1.8%

Shared holdings make up 4.1% of EDIV and 1.8% of DVYE.

Level by level

Holdings4 in both1.8%
Countryby domicile50.1%
Sector11 Sectors68.7%
Asset classEquity100%

Sector

Sector weights in DVYE and EDIV, widest gap first
Sector	More in DVYEMore in EDIV	DVYE	EDIV
Communication	EDIV +15.9 points	1.6%	17.5%
Energy	DVYE +14.5 points	19.6%	5.1%
Consumer Staples	EDIV +12.3 points	2.1%	14.4%
Industrials	DVYE +7.7 points	15.8%	8.1%
Financials	DVYE +3.3 points	31.6%	28.3%
Materials	DVYE +3.2 points	7.2%	4.0%
Health Care	EDIV +2.2 points	0.0%	2.2%
Technology	DVYE +2.1 points	9.5%	7.4%
Real Estate	EDIV +0.9 points	2.5%	3.4%
Utilities	DVYE +0.7 points	6.3%	5.6%
Consumer Discretionary	EDIV +0.1 points	3.9%	4.0%

Country, concentration and asset class

Country by domicile

Country weights in DVYE and EDIV, widest gap first
Country	More in DVYEMore in EDIV	DVYE	EDIV
Brazil	DVYE +19.3 points	21.9%	2.6%
Malaysia	EDIV +14.1 points	1.2%	15.3%
South Africa	EDIV +14.0 points	4.8%	18.8%
China	DVYE +12.5 points	24.9%	12.4%
Taiwan	EDIV +12.3 points	17.5%	29.8%
Indonesia	DVYE +8.2 points	8.8%	0.6%
Poland	DVYE +5.2 points	5.8%	0.6%
Colombia	DVYE +3.5 points	3.5%	0.0%
Other countries (7)	EDIV +8.4 points	11.6%	20.0%

Outside the US: DVYE 3% developed, 97% emerging. EDIV 3% developed, 97% emerging.

Concentration

Weight in the 10 largest Holdings

DVYE30.0%
EDIV22.4%

Securities held

DVYE105
EDIV108

Asset class

DVYE: Equity
EDIV: Equity

Holdings

Only in DVYE101
In both4
Only in EDIV104

Only in DVYE

101 securities, 97.4% of DVYE by weight

Petroleo Brasileiro Pref SA4.60%
Evergreen Marine Corp (Taiwan) Ltd4.15%
China Construction Bank Corp H3.60%
Industrial and Commercial Bank of2.70%
Bank of China Ltd H2.68%
Novatek Microelectronics2.63%
Gpo Finance Banorte2.56%
Cia Vale Do Rio Doce Sh2.52%
Orlen2.30%
Cosco Shipping Holdings Ltd H2.30%
Sitc International Holdings Ltd2.16%
Ecopetrol SA2.11%
Yang Ming Marine Transport2.04%
Itausa Investimentos Itau Pref SA2.02%
Cia Energetica De Minas Gerais Pre1.79%
China Shenhua Energy Ltd H1.77%
Bank Pekao SA1.73%
Agricultural Bank of China H1.58%
Bb Seguridade SA1.55%
Coal India1.53%
Bank Rakyat Indonesia (Persero)1.43%
Orient Overseas (International) Lt1.40%
China Petroleum and Chemical H1.32%
Grupo Cibest Pref SA1.26%
Wpg Holdings1.25%
Bank Mandiri (Persero)1.21%
Exxaro Resources1.20%
Malayan Banking1.19%
Alamtri Resources Indonesia1.18%
Cez1.15%
Thai Foods Group Pcl Non-Voting Dr1.12%
Astra International1.09%
China Citic Bank Corp Ltd H1.02%
Jbs NV Bdr1.02%
Ternium Adr Each Representing Ten1.01%
Tambang Batubara Bukit Asam0.90%
Simplo Technology0.89%
Chicony Electronics Ltd0.89%
Wisdom Marine Lines Ltd0.85%
Grupa Kety0.85%
Autohome Ads Representing Inc Cla0.84%
Yankuang Energy Group Company H0.83%
Everlight Electronics0.82%
Banco Del Bajio Institucion De Ban0.81%
Indo Tambangraya Megah0.77%
Komercni Bank0.77%
United Tractors0.72%
Transmissora Alianca Energia Eletr0.72%
Sitronix Technology Corp0.70%
Bank Negara Indonesia0.68%

Only in EDIV

104 securities, 95.5% of EDIV by weight

Enn Energy Holdings Ltd3.11%
Nedbank Group Ltd3.01%
The Shanghai Commercial & SA2.20%
Sanlam Ltd2.09%
China Tower Corp Ltd H2.09%
Wh Group Ltd2.09%
Malayan Banking Bhd2.06%
Asia Cement Corp2.02%
Firstrand Ltd1.88%
Cimb Group Holdings Bhd1.87%
Itc Ltd1.84%
Saudi Telecom Co1.84%
Nepi Rockcastle N.v.1.65%
Public Bank Berhad1.65%
National Bank of Kuwait1.63%
Emirates Telecom Group Co1.60%
Advantech Co Ltd1.59%
Tech Mahindra Ltd1.59%
Chunghwa Telecom Co Ltd1.58%
Uni President Enterprises Co1.56%
Taiwan Mobile Co Ltd1.53%
Adnoc Drilling Co Pjsc1.51%
Wistron Corp1.51%
Mega Financial Holding Co Lt1.49%
Ptt Pcl Nvdr1.46%
China State Construction Int1.43%
Bidvest Group Ltd1.43%
President Chain Store Corp1.41%
First Financial Holding Co1.38%
Far Eastone Telecomm Co Ltd1.36%
Tenaga Nasional Bhd1.32%
Nien Made Enterprise Co Ltd1.30%
Mol Hungarian Oil and Gas Pl1.30%
Richter Gedeon Nyrt1.28%
Shoprite Holdings Ltd1.28%
Advanced Info Service Nvdr1.23%
Jarir Marketing Co1.19%
Hellenic Telecommun Organiza1.17%
Bid Corp Ltd1.11%
Hengan Intl Group Co Ltd1.09%
Ammb Holdings Bhd1.06%
Primax Electronics Ltd1.02%
Kimberly Clark De Mexico A1.02%
Telekom Malaysia Bhd0.97%
Ptt Pcl/Foreign0.97%
Tung Ho Steel Enterprise Cor0.95%
Coca Cola Femsa Sab De Cv0.92%
Westports Holdings Bhd0.89%
Borouge0.83%
Ooredoo Qpsc0.82%

Weight gaps

All 4 Holdings in both funds, largest gap first.

Holding weights in DVYE and EDIV, widest gap first
Holding	More in DVYEMore in EDIV	DVYE	EDIV
Banco Santander Brasil Units SA	EDIV +1.40 points	0.34%	1.74%
Systex Corp	EDIV +0.59 points	0.67%	1.26%
Zhejiang Expressway Ltd H	EDIV +0.20 points	0.50%	0.70%
Banco Abc Brasil Pref SA	EDIV +0.11 points	0.26%	0.37%

All 105 DVYE holdings⁠All 104 EDIV 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.

DVYE vs EDIV Cost

Same expense ratio

$9,792

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

DVYE 0.49%
$9,792
EDIV 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

DVYE 0.49%
EDIV 0.49%

Year by year

Year	DVYE	EDIV
10	$883	$883
20	$3,394	$3,394
30	$9,792	$9,792

Expense ratio

0.49%DVYE
0.49%EDIV

DVYE0.49%EDIV0.49%

0.19%0.66%

Middle half of Emerging Markets Dividend Index funds
Median 0.59%

DVYE 3rd cheapest of 10 funds

EDIV 3rd cheapest of 10 funds

DVYE vs EDIV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DVYE 5.22%, better; EDIV 4.34%
Payout (12M): DVYE $1.74; EDIV $1.75
Last payment: DVYE $0.65; EDIV $0.67
Ex-dividend: DVYE Sep 15, 2026; EDIV Sep 21, 2026
Paid on: DVYE Sep 18, 2026; EDIV Sep 23, 2026
Frequency: DVYE Quarterly; EDIV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DVYEQuarterly · 41 paymentsAll DVYE payments⁠

EDIVQuarterly · 39 paymentsAll EDIV payments⁠

DVYE vs EDIV Risk

Fall from peak · 5 years

DVYE
EDIV

Risk facts

VolatilityStd dev, 3 years: DVYE 12.0%EDIV 9.7%, better
Return per unit of riskSharpe ratio, 3 years: DVYE 1.34, betterEDIV 1.20
Worst fallMax drawdown, 5 years: DVYE −40.8%EDIV −28.3%, better
Market sensitivityBeta, 5 years: DVYE 0.49EDIV 0.72; Market = 1

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