iShares Select Dividend ETF (DVY) Performance
DVY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.0% since Dec 31, 2025
- 1 year
- +18.1% total return
- 5 years
- +9.9% a year
- 10 years
- +10.7% a year
- Since first price
- +9.0% a year since 2003
DVY trailing returns vs SPY, QQQ, AGG
| Period | DVY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.9% | +3.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.1% | +0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.9% | +5.2% | +7.8% | +8.4% | −1.5% |
| YTD | +17.0% | +14.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.1% | +14.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.4%+20.1%/yr | +55.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +60.4%+9.9%/yr | +34.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +175.3%+10.7%/yr | +92.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +426.0%+11.7%/yr | +211.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +383.6%+8.2%/yr | +135.1% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 7, 2003 | +622.1%+9.0%/yr | +219.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DVY vs SPY
From Nov 7, 2003: DVY grew to $72,213, SPY to $109,473.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DVY returns by calendar year
17 of 22 full years positive. Best 2021 (+31.7%), worst 2008 (−32.9%). 2026 is year to date.
DVY annual returns table
| Year | DVY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.0% | −7.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.6% | −13.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.2% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.1% | −16.1% | +26.2% | +54.9% | +5.7% |
| 2022 | +1.8% | −17.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +31.7% | −7.8% | +28.7% | +27.4% | −1.8% |
| 2020 | −4.9% | −41.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.6% | −7.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −6.4% | −15.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.8% | −3.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +21.6% | −5.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −2.1% | −11.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +14.9% | −5.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +28.9% | −6.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +10.5% | −7.0% | +16.0% | +18.1% | +3.8% |
| 2011 | +11.8% | −15.6% | +1.9% | +3.4% | +7.7% |
| 2010 | +17.8% | −12.1% | +15.1% | +19.9% | +6.4% |
| 2009 | +11.2% | −37.5% | +26.4% | +54.7% | +3.0% |
| 2008 | −32.9% | −43.6% | −36.8% | −41.7% | +7.9% |
| 2007 | −5.7% | −14.6% | +5.1% | +19.0% | +6.6% |
| 2006 | +19.4% | −4.3% | +15.8% | +7.1% | +3.9% |
| 2005 | +2.8% | −7.9% | +4.8% | +1.6% | +2.3% |
| 2004 | +17.9% | −7.9% | +10.7% | +10.5% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DVY largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 22, 2007 | −62.6% | Mar 9, 2009 | Jan 29, 2013 | 1.8 years | 5.7 years |
| Jan 17, 2020 | −41.6% | Mar 23, 2020 | Feb 9, 2021 | 2 months | 1.1 years |
| Apr 20, 2022 | −17.5% | Oct 27, 2023 | Mar 28, 2024 | 1.5 years | 1.9 years |
| Nov 29, 2024 | −16.0% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Sep 18, 2018 | −15.3% | Dec 24, 2018 | Apr 5, 2019 | 3 months | 7 months |
| Dec 29, 2014 | −12.0% | Aug 25, 2015 | Mar 4, 2016 | 8 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DVY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2003 |
|---|---|---|---|---|
| Annualized return | +16.3% | +9.7% | +9.7% | +8.7% |
| Volatility (annualized) | 12.8% | 15.2% | 15.9% | 14.7% |
| Sharpe ratio | 0.91 | 0.45 | 0.52 | — |
| Sortino ratio | 1.53 | 0.67 | 0.76 | — |
| Best month | +7.5% | +10.2% | +13.1% | +13.1% |
| Worst month | −7.6% | −9.7% | −19.1% | −19.1% |
| Best 12 months | +33.7% | +33.7% | +61.3% | +61.3% |
| Worst 12 months | +3.8% | −13.6% | −22.0% | −47.5% |
| Positive months | 64% | 58% | 64% | 65% |
| Beta vs S&P 500 | 0.54 | 0.67 | 0.81 | — |
| Correlation with S&P 500 | 0.52 | 0.68 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DVY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 264 | −47.5% | +11.6% | +61.3% | 80% |
| 3-year (a year) | 240 | −19.3% | +10.6% | +28.1% | 83% |
| 5-year (a year) | 216 | −8.9% | +9.6% | +24.0% | 81% |
| 10-year (a year) | 156 | +5.3% | +9.5% | +16.7% | 100% |
Every holding period starting at a month-end since 2003. Returns for 3 years and longer are annualized.
DVY performance overview
iShares Select Dividend ETF (DVY) returned +18.1% over the past year and +10.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2003 it has returned +9.0% a year, turning $10,000 into about $72,213. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −62.6%, from May 22, 2007 to Mar 9, 2009, and it took 3.9 years to get back to the old high. DVY finished 17 of its 22 full calendar years with a gain; the best year was 2021 (+31.7%) and the worst 2008 (−32.9%). Volatility has been 14.7% a year.
Related: DVY chart, DVY holdings, DVY dividends, DVY valuation. See the DVY overview for the latest quote and fund facts.
DVY performance FAQ
What is the DVY return over the past year?
DVY returned +18.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.0%.
What is the average annual return of DVY?
DVY has returned +9.9% a year over 5 years, +10.7% a year over 10 years, +9.0% a year since November 7, 2003 (total return, distributions reinvested).
How much would $10,000 invested in DVY be worth?
$10,000 invested in DVY at its first recorded close on November 7, 2003 would be worth about $72,213 on October 23, 2026 with distributions reinvested.
What was the worst year for DVY?
The worst calendar year was 2008, with a total return of −32.9%. The best was 2021 at +31.7%.
What is the biggest drawdown of DVY?
The largest peak-to-trough decline was −62.6% between May 22, 2007 and March 9, 2009. It recovered to the old high on January 29, 2013, 3.9 years after the bottom.
How volatile is DVY?
Over the past 3 years DVY had an annualized volatility of 12.8% and a Sharpe ratio of 0.91 (excess return over 1–3 month T-bills per unit of risk).