DVY vs IVOV
iShares Select Dividend ETF compared with Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares on yield, payout growth, payment schedule, cost and risk.
DVY
iShares Select Dividend ETF
TTM yield · Quarterly
IVOV
Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares
TTM yield · Annual
Quick take
- DVY yields more today: 3.05% vs 1.61% (forward).
- DVY has grown its payout faster: 7.1%/yr vs 3.0%/yr over the last 5 years.
- DVY pays every quarter; IVOV pays once a year.
- DVY has the longer streak of annual increases: 5 years vs 2.
- Over the last year DVY delivered the higher total return: +18.8% vs +15.4% (price change plus payouts).
- IVOV is cheaper to own: 0.10% vs 0.38% expense ratio.
- DVY has the steadier distribution: consistency 84/100 vs 69/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DVY | IVOV |
|---|---|---|
| Share price | $163.31 | $114.51 |
| TTM yield | 3.22% | 1.61% |
| Forward yield | 3.05% | 1.61% |
| Annual payout per share | $4.988 | $1.841 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Sep 14, 2026 (est.) | Dec 21, 2026 (est.) |
| Expense ratio | 0.38% | 0.10% |
| 1-year payout growth | +2.1% | +10.6% |
| 5-year payout CAGR | +7.1% | +3.0% |
| Consecutive years of increases | 5 years | 2 years |
| Payout consistency (last 12) | 84/100 | 69/100 |
| 1-year total return | +18.8% | +15.4% |
| 1-year price return | +15.1% | +13.6% |
| Size (market cap / AUM) | 23.6B | 1.5B |
| Years paying | 22.7 | 15.7 |
| Sector / category | Mid-Cap Value | Mid-Cap Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DVY | IVOV | |
|---|---|---|
| Shares | 61.2 | 87.3 |
| Income per year | $305 | $161 |
| Income per month (avg) | $25 | $13 |
At forward yields, before taxes. Model DVY · Model IVOV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DVY Sep 14, 2026 | Sep 17, 2026 | $1.247 | Est. |
| DVY Dec 14, 2026 | Dec 17, 2026 | $1.247 | Est. |
| DVY Mar 15, 2027 | Mar 18, 2027 | $1.247 | Est. |
| IVOV Dec 21, 2026 | Jan 4, 2027 | $1.841 | Est. |
Annual payouts per share
DVYIVOV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DVY or IVOV?
DVY currently has the higher trailing yield: DVY yields 3.22% and IVOV yields 1.61%. Yield changes daily with price, so check the live figures above.
How often do DVY and IVOV pay?
DVY pays every quarter and IVOV pays once a year. DVY's next ex-date is Sep 14, 2026 and IVOV's is Dec 21, 2026.
Which has grown its dividend faster, DVY or IVOV?
DVY has grown its payout faster: 7.1%/yr vs 3.0%/yr over the last 5 years.
Is DVY or IVOV better for income?
It depends on what you are optimising for. DVY and IVOV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.