HDV Dividend ETF (HDV)

HDV Dividend ETF — analysis

Holding $6.2B in AUM at a 32 bps expense ratio, HDV sits in the dividend bucket on the ValueMarkers ETF coverage list. The fund tracks Index Benchmark and dates back to 2004.

Inside the ETF, the underlying companies' fundamentals stack to a VMCI-Composite of 58/100 on HDV. The composite is built from the top-10 holdings, weighted by index allocation. The read is mid-table composite quality, which is the right anchor when comparing HDV to peer funds in the dividend category.

On a five-year compound basis, HDV returned 13.9% per year. Against the 12.0% benchmark print, that's a 1.9-pp above-index annualized result, before tax.

HDV pays a trailing-twelve-month dividend yield of 1.40%. Distribution growth has compounded at 2.9% per year over the past five years, which sets the carry profile for income-oriented allocators inside the dividend category.

Inside HDV: top-10 weight 30%, top position AAPL at 3.50%, top sector Technology at 30%. The concentration profile shapes how much of the fund's return is driven by a small set of names.

HDV's comparable set: VYM, SCHD, NOBL. Each is a dividend ETF; the relative-value question is whether the 32 bps expense ratio, the 13.9% 5y CAGR, and the 1.40% yield clear the bar against the peer trio.