The iShares Core High Dividend ETF (HDV) was launched on 03/29/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value segment of the US equity market.
HDV's 3.45% dividend yield is underwhelming given the mediocre quality of its current portfolio holdings. Despite a recent market-wide pop, HDV offers no meaningful alpha and remains a 'dead money' situation in my view. Compared to SPY and even RSP, HDV consistently underperforms, only occasionally outpacing RSP when its own returns are weak.
iShares Core High Dividend ETF comprises 75 high-quality U.S. securities that pay above-average dividend yields and pass Morningstar's Economic Moat, Uncertainty, and Distance to Default screens. Its long-term track record is mixed, but the fund has a low portfolio beta and has demonstrated solid safety in market drawdowns. Consumer Staples exposure is now at 22%. I estimate the fund yields 3.48% at current prices. HDV also features decent mid-single-digit sales and earnings growth rates, something not offered by higher-yielding funds, including SCHD.
Making its debut on 03/29/2011, smart beta exchange traded fund iShares Core High Dividend ETF (HDV) provides investors broad exposure to the Style Box - Large Cap Value category of the market.
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Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the iShares Core High Dividend ETF (HDV), a passively managed exchange traded fund launched on 03/29/2011.
If you want a way to combine steady income, stability, and diversification, an exchange-traded fund (ETF) can deliver all three.
High-yielding sectors like Energy, Health Care, and Utilities have outperformed in 2025, with HDV delivering a 6.3% YTD return. HDV is a large ETF with $11.2 billion AUM, offering a high 3.4% dividend yield but facing valuation concerns. Despite a strong uptrend, HDV faces resistance around $120, suggesting a prudent approach to taking profits amid mixed technical signals.
HDV is trading at a P/E ratio of 19.59 and 3.41% dividend yield, which is attractive compared to current market valuations, but above the long-term historical average. The ETF makes concentrated bets on energy, a cyclical sector I wouldn't overweight at current valuations. With 75 positions and 9.22% of the assets in the single-largest holding, HDV can't be considered well-diversified and therefore shouldn't be a major position in your portfolio.
Making its debut on 03/29/2011, smart beta exchange traded fund iShares Core High Dividend ETF (HDV) provides investors broad exposure to the Style Box - Large Cap Value category of the market.
Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the iShares Core High Dividend ETF (HDV), a passively managed exchange traded fund launched on 03/29/2011.
Generating income from your investments is a nice thing. After all, you'll earn money without punching a clock and answering to a boss.