HDV: ISHARES CORE HIGH DIVIDEND ETF
Share-split context: A forward split was recorded on Apr 29, 2026 with coefficient 5. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
iShares Core High Dividend ETF (HDV)
The iShares Core High Dividend ETF (HDV) is designed to provide investors with exposure to high-dividend-paying stocks. It focuses on companies that pay strong dividends, offering a combination of regular cash income and potential share-price growth.
What this ETF is trying to do
HDV invests in a portfolio of 80 companies. Its goal is to track stocks that provide high dividend yields. Based on the Top Holdings (updated October 8, 2026), the fund has significant exposure to companies like ExxonMobil (8.41%), Chevron (6.65%), and AbbVie (6.33%). These holdings can change over time.
What the numbers show
Because this ETF has a history of share splits, we look at split-adjusted returns to see how it has performed.
• Year-to-Date (YTD): The price return is 16.27%, while the total return is 18.80%.
• One Year: The price return is 15.67%, and the total return is 19.41%.
• Three Year: The price return is 46.57%, and the total return is 62.04%.
Note on Share Splits: On April 29, 2026, this ETF had a "forward split" with a coefficient of 5. This means every one old share became five new shares. While the price per share fell proportionally at that moment, the total value of an investor's ownership did not change. The split itself did not create a gain or a loss.
Income and Distribution Explanation
HDV provides cash distributions to its investors, usually on a quarterly basis.
• Distribution Yield: 8.94%
• Trailing Distributions: $2.53 per share
It is important for beginners to remember that a high distribution yield alone can be misleading. It tells you how much cash the fund pays relative to its price, but it does not guarantee that the investment's total value will grow. In this case, the supplied total returns are higher than the price returns, which shows that distributions added to the overall return.
NAV Erosion Explanation
"NAV erosion" happens when the actual value of the fund's underlying assets drops over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the erosion score is 100, and the label states "No price erosion detected." The severe erosion-risk flag is also false.
Pros
• Strong Total Returns: The total returns over one and three years have been higher than the price returns.
• High Income: It offers a distribution yield of approximately 8.94%.
• Price Stability: No price erosion was detected according to the erosion score.
Cons
• Concentration: A large portion of the fund is held in a few big companies, such as those in the energy and healthcare sectors.
Beginner Takeaway
HDV is an ETF for those seeking regular income through dividends. Unlike some high-yield funds where the share price falls while paying out cash, HDV's split-adjusted price and total returns have both shown growth over the last three years.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EXXONMOBIL HOLDINGS CORP | XOM | 8.41% |
| 2 | CHEVRON CORP | CVX | 6.65% |
| 3 | ABBVIE INC | ABBV | 6.33% |
| 4 | VERIZON COMMUNICATIONS INC | VZ | 5.93% |
| 5 | PFIZER INC | PFE | 4.60% |
| 6 | PROCTER & GAMBLE CO | PG | 4.49% |
| 7 | PHILIP MORRIS INTERNATIONAL INC | PM | 4.43% |
| 8 | MERCK & CO INC | MRK | 4.31% |
| 9 | COCA-COLA CO | KO | 4.06% |
| 10 | THE HOME DEPOT INC | HD | 4.01% |