Average Daily Volume
522.7K
Fund Overview
The iShares Select Dividend ETF (DVY) is designed to track the investment results of the Dow Jones U.S. Select Dividend Index, which consists of high-dividend-yielding U.S. equities. The fund provides exposure to companies that have a consistent history of paying dividends, making it attractive for income-focused investors. DVY primarily invests in common stocks of companies across various sectors, including utilities, financials, and consumer staples. The ETF is known for its focus on dividend sustainability and yield, offering a balance between income generation and potential capital appreciation.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
Yes
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 3.59 %
- Currency Hedged
-
No
- Portfolio Turnover
-
17 %
- Dividend Date
-
Why Invest in the DVY ETF?
Potential Benefits
- Provides exposure to high-dividend-yielding U.S. stocks, offering a steady income stream.
- Diversifies across sectors, reducing concentration risk compared to single-sector dividend funds.
- Tracks a well-established index with a focus on companies with a history of consistent dividend payments.
- Lower expense ratio compared to some actively managed dividend-focused funds.
- Liquidity is high due to its large asset base and trading volume.
Potential Risks
- Dividend-paying stocks may underperform growth stocks during strong bull markets.
- Sector concentration in utilities and financials could expose the fund to sector-specific risks.
- Dividend cuts or suspensions by underlying holdings could impact yield.
- Interest rate sensitivity: Rising rates may make dividend stocks less attractive relative to bonds.
- Market volatility can affect the fund's NAV, even if dividends remain stable.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+6.6%
|
+3.9%
|
-2.4%
|
+2.7%
|
-0.3%
|
+1.7%
|
+3.1%
|
+0.8%
|
-5.6%
|
+0.6%
|
-
|
-
|
| 2025 |
+2.6%
|
+2.5%
|
-2.0%
|
-4.4%
|
+2.2%
|
+2.2%
|
+1.7%
|
+5.0%
|
+1.1%
|
-2.1%
|
+3.2%
|
-0.6%
|
| 2024 |
-1.8%
|
+1.2%
|
+6.6%
|
-3.1%
|
+4.2%
|
-2.1%
|
+7.5%
|
+3.1%
|
+1.9%
|
-0.2%
|
+6.4%
|
-7.5%
|
| 2023 |
+4.2%
|
-3.7%
|
-2.3%
|
+0.3%
|
-7.7%
|
+5.2%
|
+4.2%
|
-3.8%
|
-3.9%
|
-2.8%
|
+7.0%
|
+5.8%
|
| 2022 |
+1.2%
|
-0.2%
|
+4.2%
|
-3.6%
|
+5.3%
|
-8.9%
|
+3.9%
|
-1.8%
|
-9.6%
|
+10.2%
|
+6.2%
|
-3.1%
|
| 2021 |
+0.6%
|
+8.6%
|
+9.5%
|
+3.7%
|
+2.3%
|
-2.9%
|
-0.8%
|
+2.8%
|
-2.6%
|
+2.9%
|
-2.5%
|
+7.3%
|
| 2020 |
-1.8%
|
-11.2%
|
-19.1%
|
+9.7%
|
+2.4%
|
-1.3%
|
+2.9%
|
+1.9%
|
-2.6%
|
+1.8%
|
+13.1%
|
+3.4%
|
| 2019 |
+6.8%
|
+2.9%
|
+0.9%
|
+2.9%
|
-7.4%
|
+7.3%
|
+0.7%
|
-2.3%
|
+5.1%
|
+0.1%
|
+1.6%
|
+2.7%
|
| 2018 |
+2.1%
|
-4.3%
|
-0.5%
|
+1.3%
|
+1.4%
|
+0.9%
|
+2.3%
|
+1.1%
|
-0.4%
|
-3.9%
|
+2.1%
|
-8.0%
|
| 2017 |
+1.3%
|
+2.8%
|
-0.5%
|
+0.4%
|
+0.8%
|
+0.8%
|
+0.6%
|
-0.8%
|
+2.5%
|
+1.2%
|
+4.1%
|
+0.8%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
MO
|
ALTRIA GROUP INC |
2.6 % |
|
VZ
|
VERIZON COMMUNICATIONS INC |
2.2 % |
|
EIX
|
EDISON INTERNATIONAL |
2.2 % |
|
F
|
FORD MOTOR CO |
2.1 % |
|
PFE
|
PFIZER INC |
2.0 % |
|
LYB
|
LYONDELLBASELL INDUSTRIES NV CLASS A |
1.7 % |
|
ES
|
EVERSOURCE ENERGY |
1.6 % |
|
D
|
DOMINION ENERGY INC |
1.5 % |
|
CVS
|
CVS HEALTH CORP |
1.5 % |
|
PRU
|
PRUDENTIAL FINANCIAL INC |
1.5 % |
Top 10 holdings shown, out of 101 total holdings.
Related ETFs: DVY vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
DVY tracks the Dow Jones U.S. Select Dividend Index, which screens for high-dividend-yielding U.S. stocks with a consistent payout history. The index methodology emphasizes dividend sustainability, requiring companies to have paid dividends for at least five consecutive years. The fund is market-cap weighted but includes additional criteria to avoid excessive concentration in any single stock or sector. DVY primarily holds common stocks and is rebalanced quarterly to maintain alignment with the index.
Frequently Asked Questions
What is DVY's dividend payment frequency?
DVY typically distributes dividends quarterly, aligning with the payment schedules of its underlying holdings.
Does DVY invest in REITs or MLPs?
No, DVY's index excludes REITs and MLPs, focusing on traditional dividend-paying corporations.
How does DVY handle dividend reinvestment?
Investors can opt for dividend reinvestment through their brokerage's DRIP program, though this is not managed by the fund itself.
What was DVY's average dividend yield over the past year?
DVY's yield fluctuates with market conditions but has historically ranged between 3-5%, reflecting its high-yield focus.
Industry Overview
The iShares Select Dividend ETF (DVY) focuses on the U.S. equity income market, targeting companies with a strong track record of dividend payments. Dividend-focused ETFs like DVY are popular among investors seeking income and relative stability, particularly in low-yield environments. The fund's sector diversification helps mitigate risks associated with any single industry, while its index-based approach ensures transparency and cost efficiency. DVY is part of a broader category of income-generating ETFs that appeal to retirees and conservative investors.
Alternative Comparison
Compared to peers like VYM and SCHD, DVY has a stronger focus on higher-yielding stocks, which may result in greater income but also higher volatility. While SCHD emphasizes dividend growth and quality, DVY prioritizes current yield. VYM offers broader diversification across market caps but may have a lower average yield. DVY's expense ratio is competitive, though slightly higher than some alternatives like VYM. Unlike some dividend ETFs that use equal-weighting, DVY's market-cap approach may lead to larger allocations to bigger companies.
Issuer Overview
DVY is issued by iShares, a leading ETF provider under BlackRock, the world's largest asset manager. iShares is known for its extensive lineup of index-tracking ETFs, offering investors low-cost, transparent, and liquid investment options across various asset classes and strategies. BlackRock's scale and expertise in passive investing contribute to the reliability and efficiency of DVY.
Conclusion
DVY is a compelling option for investors seeking high dividend income from U.S. equities, with a disciplined approach to selecting companies with sustainable payouts. While it carries typical risks associated with dividend investing, its diversified sector exposure and low-cost structure make it a practical core holding for income-focused portfolios. Investors should weigh its yield focus against other dividend strategies that prioritize growth or quality.
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