Is CWMAX or HDV a better dividend investment in 2026?

CWMAX currently yields 10.68% with a 5% 5-year dividend growth rate. HDV yields 2.92% with 4.8% growth. The better choice depends on your goal: CWMAX offers higher current income.

What is the dividend yield difference between CWMAX and HDV?

CWMAX has a forward dividend yield of 10.68% ($6.55/share annually). HDV yields 2.92% ($3.96/share annually). The yield gap is 7.76 percentage points.

Home › Compare › CWMAX vs HDV

CWMAX vs HDV: Dividend Comparison 2026

CWMAX yields 10.68% · HDV yields 2.92%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 CWMAX wins by $16.2K in total portfolio value

INVESTMENT

TIME HORIZON10 years

CWMAX

● Live price

10.68%

Share price

$61.34

Annual div

$6.55

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$40.5K

Annual income

$2,085.42

Full CWMAX calculator →

HDV

iShares Core High Dividend ETF

● Live price

2.92%

Share price

$135.39

Annual div

$3.96

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$24.3K

Annual income

$352.73

Full HDV calculator →

Portfolio growth — CWMAX vs HDV

📍 CWMAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	CWMAX	HDV
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, CWMAX + HDV cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

CWMAX pays

HDV pays

Both pay

Neither

💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

CWMAX

Annual income on $10K today (after 15% tax)

$907.60/yr

After 10yr DRIP, annual income (after tax)

$1,772.61/yr

HDV

Annual income on $10K today (after 15% tax)

$248.52/yr

After 10yr DRIP, annual income (after tax)

$299.82/yr

At 15% tax rate, CWMAX beats the other by $1,472.79/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of CWMAX + HDV for your $10,000?

CWMAX: 50%HDV: 50%

100% HDV50/50100% CWMAX

Portfolio after 10yr

$32.4K

Annual income

$1,219.07/yr

Blended yield

3.76%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

CWMAX buys

HDV buys

No recent congressional trades found for CWMAX or HDV in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricCWMAXHDV

Forward yield	10.68% ✓	2.92%
Annual dividend / share	$6.55 ✓	$3.96
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$40.5K ✓	$24.3K
Annual income after 10y	$2,085.42 ✓	$352.73
Total dividends collected	$15.7K ✓	$3.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: CWMAX vs HDV ($10,000, DRIP)

Year	CWMAX Portfolio	CWMAX Income/yr	HDV Portfolio	HDV Income/yr	Gap
1← crossover	$11,768	$1,067.77	$11,002	$292.38	+$766.00 → CWMAX
2	$13,766	$1,174.32	$12,084	$300.36	+$1.7K → CWMAX
3	$16,013	$1,283.85	$13,250	$308.02	+$2.8K → CWMAX
4	$18,530	$1,395.75	$14,506	$315.35	+$4.0K → CWMAX
5	$21,337	$1,509.44	$15,858	$322.35	+$5.5K → CWMAX
6	$24,454	$1,624.36	$17,313	$329.04	+$7.1K → CWMAX
7	$27,906	$1,739.93	$18,878	$335.42	+$9.0K → CWMAX
8	$31,715	$1,855.63	$20,560	$341.49	+$11.2K → CWMAX
9	$35,906	$1,970.95	$22,367	$347.25	+$13.5K → CWMAX
10	$40,505	$2,085.42	$24,307	$352.73	+$16.2K → CWMAX

CWMAX vs HDV: Complete Analysis 2026

CWMAX — Stock

The fund invests primarily in common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends. Its advisor strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks.

Full CWMAX Calculator →

HDV — ETF

The iShares Core High Dividend ETF seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities.

Full HDV Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.