iShares Core High Dividend ETF (HDV) Performance
HDV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +28.2% since Dec 31, 2025
- 1 year
- +29.1% total return
- 5 years
- +13.2% a year
- 10 years
- +10.7% a year
- Since first price
- +11.1% a year since 2011
HDV trailing returns vs SPY, QQQ, AGG
| Period | HDV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.4% | +7.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.1% | +7.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +14.9% | +12.7% | +7.8% | +8.4% | −1.5% |
| YTD | +28.2% | +25.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +29.1% | +24.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +76.0%+20.7%/yr | +58.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +86.3%+13.2%/yr | +55.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +176.6%+10.7%/yr | +92.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +392.1%+11.2%/yr | +188.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMar 31, 2011 | +417.5%+11.1%/yr | +200.1% | — | — | — |
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: HDV vs SPY
From Mar 31, 2011: HDV grew to $51,745, SPY to $75,184.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HDV returns by calendar year
11 of 14 full years positive. Best 2013 (+23.6%), worst 2020 (−6.5%). 2026 is year to date.
HDV annual returns table
| Year | HDV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +28.2% | −6.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.9% | −10.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.2% | −7.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.7% | −9.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +7.0% | −15.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.5% | −5.0% | +28.7% | +27.4% | −1.8% |
| 2020 | −6.5% | −37.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.2% | −6.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.0% | −12.9% | −4.6% | −0.1% | +0.1% |
| 2017 | +13.4% | −3.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +15.8% | −6.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.3% | −12.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.6% | −5.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +23.6% | −5.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +9.7% | −7.3% | +16.0% | +18.1% | +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.
HDV largest drawdowns
Now 0.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 23, 2019 | −37.0% | Mar 23, 2020 | Mar 8, 2021 | 3 months | 1.2 years |
| Apr 20, 2022 | −15.4% | Sep 30, 2022 | Nov 30, 2022 | 5 months | 7 months |
| Dec 3, 2018 | −12.9% | Dec 24, 2018 | Feb 22, 2019 | 21 days | 3 months |
| Apr 23, 2015 | −12.5% | Aug 25, 2015 | Mar 2, 2016 | 4 months | 10 months |
| May 19, 2011 | −12.0% | Aug 10, 2011 | Oct 27, 2011 | 3 months | 5 months |
| Jan 26, 2018 | −11.9% | Mar 23, 2018 | Sep 21, 2018 | 56 days | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HDV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +16.0% | +12.1% | +9.4% | +10.6% |
| Volatility (annualized) | 11.8% | 14.1% | 14.6% | 13.0% |
| Sharpe ratio | 0.96 | 0.62 | 0.53 | 0.73 |
| Sortino ratio | 1.61 | 1.02 | 0.82 | 1.16 |
| Best month | +8.7% | +12.8% | +14.3% | +14.3% |
| Worst month | −6.5% | −8.3% | −14.4% | −14.4% |
| Best 12 months | +27.9% | +27.9% | +38.2% | +38.2% |
| Worst 12 months | +4.6% | −6.3% | −20.3% | −20.3% |
| Positive months | 72% | 65% | 62% | 62% |
| Beta vs S&P 500 | 0.28 | 0.54 | 0.71 | — |
| Correlation with S&P 500 | 0.30 | 0.59 | 0.75 | — |
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.
HDV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 176 | −20.3% | +11.7% | +38.2% | 87% |
| 3-year (a year) | 152 | −1.7% | +9.3% | +20.9% | 99% |
| 5-year (a year) | 128 | +2.7% | +8.6% | +15.3% | 100% |
| 10-year (a year) | 68 | +7.0% | +9.1% | +10.7% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
HDV performance overview
iShares Core High Dividend ETF (HDV) returned +29.1% over the past year and +10.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +11.1% a year, turning $10,000 into about $51,745. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −37.0%, from Dec 23, 2019 to Mar 23, 2020, and it took 11 months to get back to the old high. HDV finished 11 of its 14 full calendar years with a gain; the best year was 2013 (+23.6%) and the worst 2020 (−6.5%). Volatility has been 13.0% a year.
Related: HDV chart, HDV holdings, HDV dividends, HDV valuation. See the HDV overview for the latest quote and fund facts.
HDV performance FAQ
What is the HDV return over the past year?
HDV returned +29.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.6%.
What is the average annual return of HDV?
HDV has returned +13.2% a year over 5 years, +10.7% a year over 10 years, +11.1% a year since March 31, 2011 (total return, distributions reinvested).
How much would $10,000 invested in HDV be worth?
$10,000 invested in HDV at its first recorded close on March 31, 2011 would be worth about $51,745 on October 23, 2026 with distributions reinvested.
What was the worst year for HDV?
The worst calendar year was 2020, with a total return of −6.5%. The best was 2013 at +23.6%.
What is the biggest drawdown of HDV?
The largest peak-to-trough decline was −37.0% between December 23, 2019 and March 23, 2020. It recovered to the old high on March 8, 2021, 11 months after the bottom.
How volatile is HDV?
Over the past 3 years HDV had an annualized volatility of 11.8% and a Sharpe ratio of 0.96 (excess return over 1–3 month T-bills per unit of risk).