DVY ETF — iShares Select Dividend ETF

iShares Select Dividend ETF (DVY)

DVY is an ETF that tracks the Dow Jones U.S. Select Dividend Index. As of August 19, 2026, its distribution rate is 3.02%, its trailing-12-month yield is 3.19%, its expense ratio is 0.38%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Fund total return is 632.6% over the past 22.8 years, 370.2 points behind SPY at 1002.8%.

At the current 3.02% distribution rate, a $10,000 investment would generate approximately $302 per year, or $25.17 per month on an equivalent basis. Actual quarterly payments vary.

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

Data as of August 19, 2026.

Fund total return is 632.6% over the past 22.8 years, 370.2 points behind SPY at 1002.8%. Its deepest 1-year drawdown was 6.9%.

DVY key facts

Data as of August 19, 2026.

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

3.02%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

11/03/2003

Expense ratio

0.38%

Distribution rate

3.02%

Distribution frequency

Quarterly

Trailing yield

3.19%

Last close

$164.95

AUM

$24,067,162,903

Market cap

$26,679,371,776

Average volume

338831.0

Last dividend

$1.2470

Ex-dividend date

06/15/2026

Payment date

06/18/2026

Beta

0.56

P/E ratio

16.2399

How Dividend Vision calculates yield and returns

Distribution rate (3.02%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.19%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: iShares fund 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 6.9%.

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.

Compare DVY

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Frequently asked questions

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