ETF Versus

DVY vs ITOT

iShares Select Dividend ETF vs iShares Core S&P Total U.S. Stock Market ETF

Last updated: 2026-04-02

DVY iShares

iShares Select Dividend ETF (DVY) is an exchange-traded fund issued by iShares that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges an above-average expense ratio of 0.38%. The fund offers an attractive dividend yield of 3.47%. Launched in 2003, the fund has a 23-year track record.

AUM: $22.0B ER: 0.38% Yield: 3.47% Since: Nov 3, 2003
ITOT iShares

iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund issued by iShares that provides exposure to the total U.S. stock market across all capitalizations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.12%. Launched in 2004, the fund has a 22-year track record.

AUM: $77.6B ER: 0.03% Yield: 1.12% Since: Jan 20, 2004

Quick Verdict

ITOT is significantly cheaper at 0.03% vs 0.38% expense ratio, saving you approximately $688 per $10,000 invested over 10 years. ITOT has edged ahead over the past year (17.2% vs 12.6%). Income investors may prefer DVY for its higher yield (3.5% vs 1.1%).

Key Metrics

Metric DVY ITOT
Expense Ratio 0.38% 0.03%
Dividend Yield 3.5% 1.1%
Fund Family iShares iShares
Category US Dividend US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

80 97 114 131 148 165 2021-04 2022-06 2023-09 2024-12 2026-04
DVY +30.7%
ITOT +52.8%

Performance Comparison

Period DVY ITOT Difference
1 Month -3.15% -4.55% +1.40%
3 Months +5.89% -3.83% +9.72%
6 Months +5.53% -2.08% +7.61%
YTD +5.89% -3.83% +9.72%
1 Year +12.56% +17.17% -4.61%
3 Years +28.73% +57.97% -29.24%
5 Years +30.67% +52.82% -22.15%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period DVY Fees ITOT Fees You Save
$10.000 10 years $748 $60 $688
$10.000 20 years $3.173 $258 $2.914
$10.000 30 years $10.097 $835 $9.262
$50.000 10 years $3.739 $299 $3.439
$50.000 30 years $50.486 $4.176 $46.310
$100.000 30 years $100.972 $8.352 $92.620

Risk Metrics

Based on 5 years of daily returns

Metric DVY ITOT
Annualized Volatility 15.5% 17.4%
Max Drawdown -22.1% -26.2%
Sharpe Ratio 0.13 0.32

Dividend Comparison

Metric DVY ITOT
Annual Dividend (per share) $5.24 $1.61
Dividend Yield 3.47% 1.13%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

DVY Top Holdings

NameWeight
Pfizer Inc.PFE2.33%
Altria Group, Inc.MO2.17%
Verizon Communications Inc.VZ2.01%
ONEOK, Inc.OKE1.93%
Prudential Financial, Inc.PRU1.81%
T. Rowe Price Group, Inc.TROW1.75%
LyondellBasell Industries N.V.LYB1.70%
General Mills, Inc.GIS1.62%
Edison InternationalEIX1.60%
Kimberly-Clark CorporationKMB1.57%

ITOT Top Holdings

NameWeight
NVIDIA CorporationNVDA6.59%
Apple Inc.AAPL5.91%
Microsoft CorporationMSFT4.29%
Amazon.com, Inc.AMZN3.15%
Broadcom Inc.AVGO2.31%
Alphabet Inc.GOOG2.07%
Meta Platforms, Inc.META1.86%
Tesla, Inc.TSLA1.65%
Berkshire Hathaway Inc.BRK.B1.39%

Which One Should You Choose?

Choose ITOT if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose ITOT if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose DVY if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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