iShares Select Dividend ETF (DVY) Performance and Holdings

The iShares Select Dividend ETF (DVY) is a smart beta ETF that debuted on 11/03/2003 and offers broad exposure to the Style Box - Large Cap Value category of the market. It has over $20.7 billion in assets and seeks to match the performance of the Dow Jones U.S. Select Dividend Index. The fund has an expense ratio of 0.38% and a 12-month trailing dividend yield of 3.65%. Its heaviest allocation is in the Financials sector, with top holdings including Altria Group Inc (MO), Ford Motor Co (F), and Pfizer Inc (PFE).

The iShares Select Dividend ETF (DVY) is a well-established smart beta exchange-traded fund (ETF) that has been a popular choice among dividend investors since its debut on November 3, 2003. With over $20.7 billion in assets under management, DVY offers broad exposure to the Style Box - Large Cap Value category of the market, aiming to replicate the performance of the Dow Jones U.S. Select Dividend Index [2].

One of the key attractions of DVY is its low expense ratio of 0.38%, which is competitive with many other ETFs in the space. This makes it an attractive option for investors seeking to maximize their returns. Additionally, DVY has a 12-month trailing dividend yield of 3.65%, providing a steady income stream for investors [2].

The fund's heaviest allocation is in the Financials sector, which accounts for approximately 26.1% of the portfolio. This is followed by the Utilities and Consumer Staples sectors. Altria Group Inc (MO) is one of the top holdings in DVY, accounting for about 2.46% of the fund's total assets. Other notable holdings include Ford Motor Co (F) and Pfizer Inc (PFE) [2].

Performance-wise, DVY has shown strong returns. As of August 26, 2025, the fund has gained about 9.28% year-to-date and approximately 10.64% over the past year. During the past 52-week period, DVY has traded between $118.37 and $143.41 [2].

Investors should note that while DVY is a medium-risk choice due to its beta of 0.76 and standard deviation of 15.69% over the trailing three-year period, it offers effective diversification through its 106 holdings. This helps to minimize company-specific risk [2].

In conclusion, the iShares Select Dividend ETF (DVY) is a reasonable option for investors seeking to outperform the Style Box - Large Cap Value segment of the market. However, it is important for investors to consider other ETFs in the space, such as Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), which may offer cheaper and lower-risk options [2].

References:
[1] https://www.marketscreener.com/news/altria-group-inc-increases-quarterly-dividend-payable-on-october-10-2025-ce7c50dad889ff21
[2] https://finance.yahoo.com/news/ishares-select-dividend-etf-dvy-102002422.html