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 September 4, 2026, its distribution rate is 1.43%, its trailing-12-month yield is 3.35%, its expense ratio is 0.08%. Dividend Vision Distribution Safety Score™ is 89/100 (Safe). Total return is 397.4% over the past 15.4 years, 262.7 points behind SPY at 660.1%.

At the current 1.43% distribution rate, a $10,000 investment would generate approximately $143 per year, or $11.92 per month on an equivalent basis. Actual quarterly payments vary.

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 September 4, 2026.

Total return is 397.4% over the past 15.4 years, 262.7 points behind SPY at 660.1%. Its deepest 1-year drawdown was 5.2%.

HDV key facts

Data as of September 4, 2026.

Distribution Safety Score™

89 · Safe

Safety-Adjusted Yield

1.27%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

03/29/2011

Expense ratio

0.08%

Distribution rate

1.43%

Distribution frequency

Quarterly

Trailing yield

3.35%

Last close

$29.40

NAV

$29.74

Premium / discount

1.14% discount

AUM

$15,569,845,003

Average volume

5574416.0

Last dividend

$0.105

Last ex-dividend date

08/19/2026

Last payment date

08/24/2026

Beta

0.3

P/E ratio

22.2097

How Dividend Vision calculates yield and returns

Distribution rate (1.43%) 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 (3.35%) 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. 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. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

Primary sources: iShares or company 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. 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 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. It is a weaker fit for investors who need monthly cash flow (HDV 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 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

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