HDV ETF — iShares Core High Dividend ETF

iShares Core High Dividend ETF (HDV)

HDV is a low-cost ETF that tracks the Morningstar Dividend Yield Focus Index. As of August 24, 2026, its distribution rate is 2.11%, its trailing-12-month yield is 3.31%, its expense ratio is 0.08%. Dividend Vision Distribution Safety Score™ is 89/100 (Safe). Fund total return is 402.5% over the past 15.4 years, 253.2 points behind SPY at 655.7%.

At the current 2.11% distribution rate, a $10,000 investment would generate approximately $211 per year, or $17.58 per month on an equivalent basis.

iShares Core High Dividend ETF tracks the Morningstar Dividend Yield Focus Index. The issuer lists a 0.08% expense ratio and monthly distributions. CUSIP 46429B663.

HDV performance versus SPY

Data as of August 24, 2026.

Fund total return is 402.5% over the past 15.4 years, 253.2 points behind SPY at 655.7%. Its deepest 1-year drawdown was 5.2%.

HDV key facts

Data as of August 24, 2026.

Distribution Safety Score™

89 · Safe

Safety-Adjusted Yield

1.88%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

03/29/2011

Expense ratio

0.08%

Distribution rate

2.11%

Distribution frequency

Monthly

Trailing yield

3.31%

Last close

$29.81

AUM

$15,146,194,743

Average volume

7576452.0

Last dividend

$0.1050

Ex-dividend date

08/19/2026

Payment date

08/24/2026

Beta

0.3

P/E ratio

22.4928

How Dividend Vision calculates yield and returns

Distribution rate (2.11%) 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 (3.31%) 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 24, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 24, 2026.

Primary sources: iShares fund page; Index: Morningstar Dividend Yield Focus 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.

HDV risks and drawbacks

HDV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.2%.

Who may consider HDV — and who may not

HDV may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for 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 HDV

HDV vs similar funds:

• HDV vs VIG
• HDV vs SCHD
• HDV vs VYM
• HDV vs DVY
• HDV vs SPYD
• HDV vs SPHD

Frequently asked questions

More funds from iShares.