DVY vs VOE
iShares Select Dividend ETF compared with Vanguard Morningstar Mid-Cap Value ETF on yield, payout growth, payment schedule, cost and risk.
DVY
iShares Select Dividend ETF
TTM yield · Quarterly
VOE
Vanguard Morningstar Mid-Cap Value ETF
TTM yield · Quarterly
Quick take
- DVY yields more today: 3.30% vs 1.99% (forward).
- VOE has grown its payout faster: 8.6%/yr vs 7.0%/yr over the last 5 years.
- Both pay every quarter.
- DVY has the longer streak of annual increases: 5 years vs 0.
- Over the last year VOE delivered the higher total return: +21.4% vs +17.2% (price change plus payouts).
- VOE is cheaper to own: 0.05% vs 0.38% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DVY | VOE |
|---|---|---|
| Share price | $161.26 | $208.04 |
| TTM yield | 3.31% | 1.87% |
| Forward yield | 3.30% | 1.99% |
| Annual payout per share | $5.316 | $4.132 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 15, 2026 (est.) | Dec 29, 2026 (est.) |
| Expense ratio | 0.38% | 0.05% |
| 1-year payout growth | +10.3% | +2.4% |
| 5-year payout CAGR | +7.0% | +8.6% |
| Consecutive years of increases | 5 years | 0 years |
| Payout consistency (last 12) | 84/100 | 89/100 |
| 1-year total return | +17.2% | +21.4% |
| 1-year price return | +13.5% | +19.2% |
| Size (market cap / AUM) | 22.2B | 36.7B |
| Years paying | 22.9 | 19.8 |
| 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 | VOE | |
|---|---|---|
| Shares | 62.0 | 48.1 |
| Income per year | $330 | $199 |
| Income per month (avg) | $27 | $17 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DVY Dec 15, 2026 | Dec 18, 2026 | $1.329 | Est. |
| DVY Mar 16, 2027 | Mar 19, 2027 | $1.329 | Est. |
| DVY Jun 15, 2027 | Jun 18, 2027 | $1.329 | Est. |
| VOE Dec 29, 2026 | Jan 12, 2027 | $1.033 | Est. |
| VOE Mar 31, 2027 | Apr 14, 2027 | $1.033 | Est. |
| VOE Jul 1, 2027 | Jul 15, 2027 | $1.033 | Est. |
Annual payouts per share
DVYVOE
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 VOE?
DVY currently has the higher trailing yield: DVY yields 3.31% and VOE yields 1.87%. Yield changes daily with price, so check the live figures above.
How often do DVY and VOE pay?
DVY pays every quarter and VOE pays every quarter. DVY's next ex-date is Dec 15, 2026 and VOE's is Dec 29, 2026.
Which has grown its dividend faster, DVY or VOE?
VOE has grown its payout faster: 8.6%/yr vs 7.0%/yr over the last 5 years.
Is DVY or VOE better for income?
It depends on what you are optimising for. DVY and VOE 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.