HDV vs VTI

Quick Verdict

VTI has a lower expense ratio. HDV delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: HDVMore Diversified: VTI

Side-by-Side Comparison

MetricHDVVTIWinner
Expense Ratio0.08%0.03%
AUM$14.7B$663.5B
Dividend Yield2.90%1.07%
Holdings813,543
YTD Return+19.34%+13.39%
1Y Return+24.90%+23.21%
3Y Return (annualized)+15.65%+20.65%
5Y Return (annualized)+12.06%+12.18%
Volatility (annualized)13.1%15.3%
Max Drawdown-37.0%-56.6%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 29, 2011May 24, 2001

HDV vs VTI Performance

iShares Core High Dividend ETF (HDV) is a ETF from iShares by BlackRock (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year HDV returned +24.90% while VTI returned +23.21%. Year to date, HDV is up 19.34% versus a gain of 13.39% for VTI.

Over three years, HDV compounded at +15.65% per year against +20.65% for VTI; over five years the annualized figures are +12.06% and +12.18% respectively. Across the full 15-year window we track, HDV has the edge at +8.40% annualized vs +8.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.1% for HDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -37.0% for HDV and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

HDV charges 0.08% per year while VTI charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, HDV currently yields 2.90% against 1.07% for VTI.

Holdings Overlap

8.4%overlap

HDV and VTI share 65 holdings out of 2794 unique holdings combined, representing a 8.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HDVWeight in VTIDifference
XOM7.17%0.78%6.39%
ABBV6.49%0.61%5.88%
CVX5.43%0.43%5.00%
VZProProPro
HDProProPro
PGProProPro
PMProProPro
MRKProProPro
KOProProPro
PFEProProPro
See all 10 holdings HDV shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, HDV or VTI?

HDV has an expense ratio of 0.08% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $5 per year of difference.

Which performed better, HDV or VTI?

Over the past year HDV returned +24.90% vs +23.21% for VTI, so HDV leads on 1-year performance. Over the longest common window we track (15 years), HDV annualized +8.40% vs +8.11% for VTI. Past performance does not guarantee future results.

Which is riskier, HDV or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 13.1% for HDV. Worst drawdown: HDV -37.0% vs VTI -56.6%.

Should I hold both HDV and VTI?

HDV and VTI have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HDV and VTI?

HDV and VTI share 65 common holdings with a 8.4% weight overlap. Combined, they hold 2794 unique securities.

Which pays a higher dividend, HDV or VTI?

HDV yields 2.90% while VTI yields 1.07%, so HDV currently pays the higher dividend yield.

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