Is GWMNX or HDV a better dividend investment in 2026?

GWMNX currently yields 3.06% with a 5% 5-year dividend growth rate. HDV yields 2.92% with 4.8% growth. The better choice depends on your goal: GWMNX offers higher current income.

What is the dividend yield difference between GWMNX and HDV?

GWMNX has a forward dividend yield of 3.06% ($0.27/share annually). HDV yields 2.92% ($3.96/share annually). The yield gap is 0.14 percentage points.

Home › Compare › GWMNX vs HDV

GWMNX vs HDV: Dividend Comparison 2026

GWMNX yields 3.06% · HDV yields 2.92%● Live data

vsPost on X →

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

🏆 GWMNX wins by $39.00 in total portfolio value

INVESTMENT

TIME HORIZON10 years

GWMNX

● Live price

3.06%

Share price

$8.90

Annual div

$0.27

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$24.3K

Annual income

$373.10

Full GWMNX calculator →

HDV

iShares Core High Dividend ETF

● Live price

2.92%

Share price

$135.72

Annual div

$3.96

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$24.3K

Annual income

$351.71

Full HDV calculator →

Portfolio growth — GWMNX vs HDV

📍 GWMNX 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	GWMNX	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, GWMNX + HDV cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

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May

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Jun

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Jul

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Aug

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Sep

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Oct

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Nov

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Dec

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GWMNX pays

HDV pays

Both pay

Neither

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Tax Bracket Optimizer

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

GWMNX

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

$260.35/yr

After 10yr DRIP, annual income (after tax)

$317.14/yr

HDV

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

$247.92/yr

After 10yr DRIP, annual income (after tax)

$298.95/yr

At 15% tax rate, GWMNX beats the other by $18.18/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

GWMNX: 50%HDV: 50%

100% HDV50/50100% GWMNX

Portfolio after 10yr

$24.3K

Annual income

$362.41/yr

Blended yield

1.49%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GWMNX buys

HDV buys

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

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

MetricGWMNXHDV

Forward yield	3.06% ✓	2.92%
Annual dividend / share	$0.27	$3.96 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$24.3K	$24.3K
Annual income after 10y	$373.10 ✓	$351.71
Total dividends collected	$3.4K ✓	$3.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	GWMNX Portfolio	GWMNX Income/yr	HDV Portfolio	HDV Income/yr	Gap
1← crossover	$11,006	$306.29	$11,002	$291.67	+$4.00 → GWMNX
2	$12,092	$315.06	$12,082	$299.61	+$10.00 → GWMNX
3	$13,262	$323.49	$13,247	$307.23	+$15.00 → GWMNX
4	$14,522	$331.58	$14,503	$314.52	+$19.00 → GWMNX
5	$15,877	$339.32	$15,854	$321.50	+$23.00 → GWMNX
6	$17,336	$346.73	$17,308	$328.15	+$28.00 → GWMNX
7	$18,903	$353.81	$18,871	$334.49	+$32.00 → GWMNX
8	$20,587	$360.56	$20,551	$340.53	+$36.00 → GWMNX
9	$22,395	$366.99	$22,357	$346.27	+$38.00 → GWMNX
10	$24,335	$373.10	$24,296	$351.71	+$39.00 → GWMNX

GWMNX vs HDV: Complete Analysis 2026

GWMNX — Stock

The investment seeks to provide investors with a high level of current income that is exempt from federal income tax; capital appreciation is also an objective, but is secondary to income. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. dollar-denominated fixed income securities that are exempt from federal income tax. It may invest up to 35% of its total assets in unrated securities, and may invest up to 50% of its total assets in unrated securities and high yield securities.

Full GWMNX 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.