DVY vs FDVV: ETF Comparison
Compare DVY (iShares Select Dividend ETF) and FDVV (Fidelity High Dividend ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
DVY vs FDVV: The Verdict
On average annual total return since inception, FDVV holds a clear edge over DVY: +13.5% per year vs +9.0% per year — a gap of 4.5 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Keep the track records in mind: DVY has been trading for 22.9 years, while FDVV has only 10.0 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
DVY vs FDVV Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| DVY | iShares Select Dividend ETF | iShares | 11/3/2003 | 22.9y | +622.0% | +9.0% | 3.3% | 0.38% | B |
| FDVV | Fidelity High Dividend ETF | Fidelity | 9/12/2016 | 10.0y | +255.0% | +13.5% | 2.8% | 0.15% | A |
DVY vs FDVV — Frequently Asked Questions
Which is better, DVY or FDVV?
By average annual total return since inception, FDVV holds a clear edge over DVY (+13.5% vs +9.0% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between DVY and FDVV?
DVY (iShares Select Dividend ETF) is offered by iShares and currently yields 3.3%. FDVV (Fidelity High Dividend ETF) is offered by Fidelity and yields 2.8%. Their average annual total returns since inception are +9.0% and +13.5% respectively.
Does FDVV pay a higher dividend than DVY?
FDVV currently yields 2.8% and DVY yields 3.3%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.