DVY ETF — iShares Select Dividend ETF

iShares Select Dividend ETF (DVY)

Updated October 16, 2026.

DVY is an ETF that tracks the Dow Jones U.S. Select Dividend Index. its distribution rate is 3.34%, its trailing-12-month yield is 3.36%, its expense ratio is 0.38%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 612.8% over the past 22.9 years, 386.7 points behind SPY at 999.5%.

iShares Select Dividend ETF is an index fund that tracks the Dow Jones U.S. Select Dividend Index, holding leading U.S. stocks selected and ranked by dividend yield. The fund distributes dividends quarterly at a current high distribution rate, with a modest expense ratio of 0.38%. It appeals to income-focused investors seeking exposure to dividend-paying U.S. equities through a diversified, passively managed portfolio.

DVY performance versus SPY

Price and return data through 2026-10-16.

Total return is 612.8% over the past 22.9 years, 386.7 points behind SPY at 999.5%. Over the past year its total return — price change plus distributions reinvested — is 18.4%. Its deepest 1-year drawdown was 7.4%.

DVY key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

3.34%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

11/03/2003

Expense ratio

0.38%

Distribution rate

3.34%

Distribution frequency

Quarterly

Trailing yield

3.36%

Last close

$159.17 (as of 2026-10-16)

AUM

$22,506,991,554

Market cap

$26,679,371,776

Average volume

403171.0

Dividend

$1.329

Ex-dividend date

09/15/2026

Payment date

09/18/2026

Beta

0.53

How Dividend Vision calculates yield and returns

Distribution rate (3.34%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.36%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares or company page; Index: Dow Jones U.S. Select Dividend Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DVY risks and drawbacks

DVY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.4%.

Who may consider DVY — and who may not

DVY may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DVY pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DVY

• DVY dividend calendar
• DVY dividend history
• All tickers starting with D

Tagged: Dividend, Index.

Compare DVY

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• DVY vs VYM
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• DVY vs HDV

Frequently asked questions

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