iShares Emerging Markets Dividend ETF (DVYE) Performance
DVYE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.6% since Dec 31, 2025
- 1 year
- +21.8% total return
- 5 years
- +5.9% a year
- 10 years
- +6.9% a year
- Since first price
- +3.2% a year since 2012
DVYE trailing returns vs SPY, QQQ, AGG
| Period | DVYE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.7% | +3.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.2% | −0.4% | +7.8% | +8.4% | −1.5% |
| YTD | +16.6% | +12.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.8% | +15.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +90.9%+24.0%/yr | +50.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.4%+5.9%/yr | −11.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +95.4%+6.9%/yr | −2.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 24, 2012 | +59.0%+3.2%/yr | −36.5% | — | — | — |
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: DVYE vs SPY
From Feb 24, 2012: DVYE grew to $15,901, SPY to $71,615.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DVYE returns by calendar year
7 of 13 full years positive. Best 2025 (+28.4%), worst 2022 (−31.4%). 2026 is year to date.
DVYE annual returns table
| Year | DVYE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.6% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +28.4% | −13.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.9% | −10.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.9% | −9.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −31.4% | −40.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.0% | −8.3% | +28.7% | +27.4% | −1.8% |
| 2020 | −2.5% | −38.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +15.4% | −10.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.6% | −17.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.0% | −5.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +20.3% | −10.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −24.0% | −34.4% | +1.2% | +9.4% | +0.5% |
| 2014 | −10.8% | −18.0% | +13.5% | +19.2% | +6.0% |
| 2013 | −10.4% | −19.7% | +32.3% | +36.6% | −2.0% |
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.
DVYE largest drawdowns
Now 2.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 2, 2013 | −47.4% | Jan 21, 2016 | Jan 26, 2018 | 3.0 years | 5.1 years |
| Feb 16, 2022 | −40.9% | Sep 29, 2022 | Jul 22, 2025 | 7 months | 3.4 years |
| Jan 17, 2020 | −38.2% | Mar 23, 2020 | Mar 11, 2021 | 2 months | 1.1 years |
| Jan 26, 2018 | −17.1% | Oct 29, 2018 | Jan 2, 2020 | 9 months | 1.9 years |
| Mar 1, 2012 | −14.7% | Jun 4, 2012 | Dec 6, 2012 | 3 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DVYE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +21.9% | +5.7% | +6.6% | +3.0% |
| Volatility (annualized) | 11.9% | 16.0% | 16.8% | 17.1% |
| Sharpe ratio | 1.37 | 0.20 | 0.33 | 0.17 |
| Sortino ratio | 3.17 | 0.30 | 0.50 | 0.25 |
| Best month | +8.9% | +10.1% | +16.5% | +16.5% |
| Worst month | −3.8% | −10.7% | −19.4% | −19.4% |
| Best 12 months | +42.1% | +42.1% | +47.3% | +47.3% |
| Worst 12 months | +8.9% | −37.2% | −37.2% | −37.2% |
| Positive months | 64% | 53% | 53% | 51% |
| Beta vs S&P 500 | 0.23 | 0.52 | 0.68 | — |
| Correlation with S&P 500 | 0.24 | 0.51 | 0.62 | — |
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.
DVYE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 165 | −37.2% | +5.5% | +47.3% | 58% |
| 3-year (a year) | 141 | −16.1% | +0.2% | +23.7% | 50% |
| 5-year (a year) | 117 | −5.5% | +1.1% | +11.2% | 63% |
| 10-year (a year) | 57 | −2.9% | +0.8% | +9.1% | 67% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
DVYE performance overview
iShares Emerging Markets Dividend ETF (DVYE) returned +21.8% over the past year and +6.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +3.2% a year, turning $10,000 into about $15,901. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −47.4%, from Jan 2, 2013 to Jan 21, 2016, and it took 2.0 years to get back to the old high. DVYE finished 7 of its 13 full calendar years with a gain; the best year was 2025 (+28.4%) and the worst 2022 (−31.4%). Volatility has been 17.1% a year.
Related: DVYE chart, DVYE holdings, DVYE dividends. See the DVYE overview for the latest quote and fund facts.
DVYE performance FAQ
What is the DVYE return over the past year?
DVYE returned +21.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.7%.
What is the average annual return of DVYE?
DVYE has returned +5.9% a year over 5 years, +6.9% a year over 10 years, +3.2% a year since February 24, 2012 (total return, distributions reinvested).
How much would $10,000 invested in DVYE be worth?
$10,000 invested in DVYE at its first recorded close on February 24, 2012 would be worth about $15,901 on October 23, 2026 with distributions reinvested.
What was the worst year for DVYE?
The worst calendar year was 2022, with a total return of −31.4%. The best was 2025 at +28.4%.
What is the biggest drawdown of DVYE?
The largest peak-to-trough decline was −47.4% between January 2, 2013 and January 21, 2016. It recovered to the old high on January 26, 2018, 2.0 years after the bottom.
How volatile is DVYE?
Over the past 3 years DVYE had an annualized volatility of 11.9% and a Sharpe ratio of 1.37 (excess return over 1–3 month T-bills per unit of risk).