DVY
iShares Select Dividend ETF · BlackRock
Dividend ETFs
1Y Return
+22.9%
Expense Ratio
0.38%
AUM
$24B
Dividend Yield
3.27%
Avg Annual Growth (10Y)
+6.1%
Issuer
BlackRock / iShares

Overview

High-yield dividend equities screened for dividend sustainability. 100 US stocks with highest dividend yields that have grown or maintained dividends. Historically one of the highest-yielding US dividend ETFs.

Top Holdings

TickerHoldingWeight
ORealty Income Corp.2.8%
EOGEOG Resources2.6%
OKEONEOK Inc.2.4%
PMPhilip Morris2.2%
LYBLyondellBasell2.1%
PBCTPeople's United2.0%
SNASnap-on Inc.1.9%
MOAltria Group1.8%
VLOValero Energy1.7%
PSXPhillips 661.6%

Fund Details

Index
Dow Jones US Select Dividend
# Holdings
~100
Inception
Nov 2003
Exchange
NASDAQ
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+6.1%
Avg Annual Yield (10Y)
3.40%

Investment Thesis

DVY selects the 100 highest-yielding US stocks that have maintained or grown their dividends using a proprietary quality screen that filters out companies with unsustainable payout ratios. This results in a distinctly value-tilted portfolio of energy, utilities, financials, and industrial companies offering significantly higher yields than the broader market. DVY's methodology prioritizes current income over dividend growth, making it complementary to SCHD's quality growth approach.

Who It's For

Retirees and income investors who prioritize maximizing current dividend yield over dividend growth rates. DVY suits those who need high current income from their equity allocation and are comfortable with the value sector concentration in energy, utilities, and financials that comes with maximizing dividend yield. Best paired with a dividend growth fund like SCHD or VIG to balance high current yield with long-term income growth.

10-Year History

Annual Closing Price
YearClose% Chg
2016$88.42--
2017$96.18+8.8%
2018$88.42-8.1%
2019$99.42+12.4%
2020$82.42-17.1%
2021$106.42+29.1%
2022$113.18+6.4%
2023$109.42-3.3%
2024$113.18+3.4%
2025$139.69+23.4%
Annual Dividend Yield
YearYield
20163.28%
20172.98%
20183.42%
20193.12%
20204.12%
20212.88%
20223.28%
20233.68%
20243.42%
20253.82%
Annual AUM
YearAUM% Chg
2016$14B--
2017$18B+28.6%
2018$14B-22.2%
2019$18B+28.6%
2020$14B-22.2%
2021$18B+28.6%
2022$20B+11.1%
2023$16B-20.0%
2024$16B0.0%
2025$17B+6.2%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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