What is HDV?

HDV tracks a dividend-weighted index of 75 high-yielding US equities, screened for high earnings potential and dividend sustainability.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HDV -1.84% -4.65% -4.61% -3.54% 18.32% 7.63% 8.15%
HDV (NAV) -1.84% -4.61% -4.58% -3.55% 18.27% 7.62% 8.16%
Morningstar Dividend Yield Focus Index -1.83% -4.59% -4.56% -3.46% 18.37% 7.72% --
MSCI USA IMI High Yield Dividend Index -4.23% -4.88% -4.88% -6.94% 17.05% 7.43% 9.80%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HDV Factset Analytics Insight

HDV offers complex high-dividend yield exposure in an ETF wrapper. Eligible securities must pass two Morningstar proprietary screens, each designed to ensure sustainability. The first is the presence of an economic “moat” something that sets the firm apart from its peers. This helps the fund weather downturns. (The MOAT ETF uses this approach without the high-dividend yield focus.) The second is a forward-looking comparison of assets to liabilities. REITs are excluded. HDV targets 75 stocks by dividend yield. Stocks are weighted by the total dollar amount of dividends paid rather than yield. It is perhaps this last step that gives the fund it bias towards larger firms, while the sum total of all the steps produces unique sector biases. In all, HDV delivers a high-yield play with robust sustainability screens. The index undergoes quarterly rebalance and reconstitution.

HDV Summary Data

Blackrock
03/29/11
0.08%
$10.86B
Morningstar Dividend Yield Focus Index
MSCI USA IMI High Yield Dividend Index
Open-Ended Fund

Peers

MSCI USA IMI High Yield Dividend Index

Fund Flows

-$0.03B 5 Days
-$0.43B 30 Days
-$0.62B 90 Days

HDV Portfolio Data

$186.02B
12.96
3.31
4.05%
N/A
76

HDV Index Data

Morningstar Dividend Yield Focus Index
Dividends
Fundamental
MSCI USA IMI High Yield Dividend Index

HDV Portfolio Management

0.08%
-0.09%
-0.06%
-0.11%

HDV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HDV Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of HDV. HDV is rated a 5 out of 5.

HDV Tradability

756,804
$77.33M
706,586
$70.53M
0.02%
$0.02
0.01%
0.14% / -0.08%
None
100.00%
50,000
14.13
0.01%
0.03%
10,033
$98.38
5

HDV Sector/Industry Breakdown

HDV Segment
Benchmark
27.94% --
22.02% --
10.79% --
8.69% --
6.35% --
5.89% --
4.74% --
3.33% --
3.01% --
2.72% --

HDV Performance Statistics

0.92
0.92
0.90
0.92
0.33%
MSCI USA IMI High Yield Dividend Index

HDV Countries

HDV Segment
Benchmark
100.00% --

HDV Regions

HDV Segment
Benchmark
100.00% --

HDV Economic Development

HDV Segment
Benchmark
100.00% 0.00%
0.00% 0.00%

HDV Benchmark Comparison Holdings

76
--
62
34.10%

HDV Benchmark Comparison Summary

HDV Segment
Benchmark
76 --
$186.02B --
12.96 --
3.31 --
3.71% --
Medium --

HDV Benchmark Comparison Market Cap Size

HDV Segment
Benchmark
96.91% --
2.86% --
0.04% --
0.00% --