DVY vs VOO: ETF Comparison
Compare DVY (iShares Select Dividend ETF) and VOO (Vanguard S&P 500 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 VOO: The Verdict
On average annual total return since inception, VOO holds a clear edge over DVY: +14.9% per year vs +9.0% per year — a gap of 5.8 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 VOO has only 16.0 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.
Income investors will notice the yield gap: DVY currently yields 3.3% vs VOO's 1.1%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
DVY vs VOO 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 |
| VOO | Vanguard S&P 500 ETF | Vanguard | 9/7/2010 | 16.0y | +823.0% | +14.9% | 1.1% | 0.03% | A |
DVY vs VOO — Frequently Asked Questions
Which is better, DVY or VOO?
By average annual total return since inception, VOO holds a clear edge over DVY (+14.9% 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 VOO?
DVY (iShares Select Dividend ETF) is offered by iShares and currently yields 3.3%. VOO (Vanguard S&P 500 ETF) is offered by Vanguard and yields 1.1%. Their average annual total returns since inception are +9.0% and +14.9% respectively.
Does VOO pay a higher dividend than DVY?
VOO currently yields 1.1% and DVY yields 3.3%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.