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.
ETF Education Report: ISHARES CORE HIGH DIVIDEND ETF (HDV)
What this ETF is trying to do
The ISHARES CORE HIGH DIVIDEND ETF (ticker: HDV) is an exchange-traded fund designed to focus on companies that pay dividends. It holds a variety of stocks, including large companies in sectors like energy and healthcare.
What the numbers show
When looking at how this ETF has performed, it is important to look at two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price.
• Total Return: This includes both the share price changes and the money paid out through distributions.
According to the data, the one-year price return was approximately 15.67%. However, the one-year total return was higher at approximately 19.42%. This shows that distributions added to the overall value. Looking further back, the three-year total return was approximately 62.04%.
This ETF has a history of "forward splits." In a forward split, each old share becomes multiple new shares. This means the price per share drops, but your total ownership stays the same. Because of this history, we use split-adjusted returns to show accurate performance.
Income and distribution explanation
This ETF is known for providing cash to investors through distributions. The current distribution yield is approximately 8.94%. This number describes the cash payments relative to the current share price of $28.28.
Over the last 12 months, there were 6 payouts. These distributions usually happen on a quarterly basis. While high yields can provide regular cash, it is important to remember that a high yield does not guarantee the investment will grow in value.
NAV erosion explanation
"NAV erosion" is a term used to describe when the underlying value of an ETF's assets decreases over time. Some investors worry that high payouts might cause this. However, for HDV, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in this portfolio (note that this is a partial list):
• EXXONMOBIL HOLDINGS CORP (8.41%)
• CHEVRON CORP (6.65%)
• ABBVIE INC (6.33%)
• VERIZON COMMUNICATIONS INC (5.93%)
• PFIZER INC (4.60%)
• PROCTER & GAMBLE CO (4.49%)
• PHILIP MORRIS INTERNATIONAL INC (4.43%)
• MERCK & CO INC (4.31%)
• COCA-COLA CO (4.06%)
• THE HOME DEPOT INC (4.01%)
Pros
• The ETF has shown positive total returns over one, three, and five years.
• It provides a relatively high distribution yield for income-focused investors.
Cons
• The list of holdings is partial, so you are not seeing every company the ETF owns.
• Holdings can change over time.
Beginner takeaway
When looking at HDV, it is helpful to distinguish between the share price and the total return. Because this ETF pays out regular distributions, the total return is often higher than the price return alone. Always remember that a high distribution yield is a measure of cash paid out, not a guarantee of future performance.
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% |