HDV vs SPYD: Dividend Yield, Growth & Safety Comparison
iShares Core High Dividend ETF (HDV) and SPDR Portfolio S&P 500 High Dividend ETF (SPYD) are both in the ETF sector, making them natural rivals for dividend investors. SPYD offers a significantly higher 4.32% yield compared to HDV's 2.96%, a gap of 1.36%. For dividend growth, SPYD leads with a 5-year CAGR of 14.2% versus HDV's 2.8%.
Key Metrics Comparison
| Metric | HDV | SPYD |
|---|
| Dividend Yield | 2.96% | 4.32% |
| Annual Dividend | $3.91 | $1.96 |
| 5-Year CAGR | 2.8% | 14.2% |
| Payout Ratio | N/A | N/A |
| Consecutive Years | 0 | 2 |
| Price | $138.92 | $48.08 |
Yield Comparison
SPDR Portfolio S&P 500 High Dividend ETF (SPYD) currently yields 4.32%, which is attractive for the broader market. That's 1.36% more than iShares Core High Dividend ETF (HDV), which yields 2.96%. In dollar terms, SPYD pays $1.96/share annually versus HDV's $3.91/share.
Dividend Growth
Over the past five years, SPYD has grown its dividend at a 14.2% CAGR compared to HDV's 2.8%. HDV: Dividend growth is slowing — the 3-year CAGR of 0.2% trails the 5-year rate of 2.8% and the 10-year rate of 4.2%. SPYD: Dividend growth is slowing — the 3-year CAGR of 3.5% trails the 5-year rate of 14.2% and the 10-year rate of 2.9%.
Dividend Safety
HDV's dividend safety is rated "Unknown." Insufficient data to assess dividend safety. SPYD's dividend safety is rated "Unknown." Insufficient data to assess dividend safety.
Income Comparison
A $10,000 investment in SPYD generates approximately $432/year in dividend income, compared to $296/year from HDV — a difference of $136/year. At $100,000, that gap widens to $1360/year.
Verdict
- Best for income: SPYD
- Best for growth: SPYD
Frequently Asked Questions
Which has a higher dividend yield, HDV or SPYD?
SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has a higher dividend yield of 4.32% compared to iShares Core High Dividend ETF (HDV) at 2.96%.
Is HDV or SPYD a better dividend growth stock?
SPDR Portfolio S&P 500 High Dividend ETF has the stronger dividend growth with a 5-year CAGR of 14.2%, compared to iShares Core High Dividend ETF's 2.8%.
How much income does $10,000 in HDV vs SPYD generate?
A $10,000 investment in HDV generates approximately $296/year in dividends, while the same amount in SPYD generates about $432/year.
HDV vs SPYD: which is better for retirement income?
It depends on your priorities. SPYD for current income, SPYD for dividend growth. Many retirement investors hold both for diversification.
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