Is SHY or HDV a better dividend investment in 2026?

SHY currently yields 3.76% with a 5% 5-year dividend growth rate. HDV yields 2.92% with 4.8% growth. The better choice depends on your goal: SHY offers higher current income.

What is the dividend yield difference between SHY and HDV?

SHY has a forward dividend yield of 3.76% ($3.10/share annually). HDV yields 2.92% ($3.96/share annually). The yield gap is 0.84 percentage points.

Home › Compare › SHY vs HDV

SHY vs HDV: Dividend Comparison 2026

SHY yields 3.76% · HDV yields 2.92%● Live data

vsPost on X →

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

🏆 SHY wins by $1.2K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SHY

● Live price

3.76%

Share price

$82.50

Annual div

$3.10

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.5K

Annual income

$478.12

Full SHY 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 — SHY vs HDV

📍 SHY 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	SHY	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, SHY + 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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SHY 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.

SHY

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

$319.26/yr

After 10yr DRIP, annual income (after tax)

$406.40/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, SHY beats the other by $106.58/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 SHY + HDV for your $10,000?

SHY: 50%HDV: 50%

100% HDV50/50100% SHY

Portfolio after 10yr

$24.9K

Annual income

$415.42/yr

Blended yield

1.67%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SHY buys

HDV buys

Politician	Chamber	Ticker	Type	Amount	Date
John Boozman	🏛 Senate	$SHY	▼ Sell	$15,001 - $50,000	2026-02-06
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2025-09-16
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2025-09-16
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2025-08-01
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2025-08-01
John Boozman	🏛 Senate	$SHY	▼ Sell	$1,001 - $15,000	2025-04-09
John Boozman	🏛 Senate	$SHY	▼ Sell	$1,001 - $15,000	2025-04-09
Charles J. "Chuck" Fleischmann	🏢 House	$SHY	▼ Sell	$15,001 - $50,000	2024-10-22
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2024-09-06
John Boozman	🏛 Senate	$SHY	▲ Buy	$1,001 - $15,000	2024-09-06

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

MetricSHYHDV

Forward yield	3.76% ✓	2.92%
Annual dividend / share	$3.10	$3.96 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$25.5K ✓	$24.3K
Annual income after 10y	$478.12 ✓	$352.73
Total dividends collected	$4.3K ✓	$3.2K
Payment frequency	quarterly	quarterly
Sector	ETF	ETF

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

Year	SHY Portfolio	SHY Income/yr	HDV Portfolio	HDV Income/yr	Gap
1← crossover	$11,076	$375.60	$11,002	$292.38	+$74.00 → SHY
2	$12,240	$388.78	$12,084	$300.36	+$156.00 → SHY
3	$13,498	$401.54	$13,250	$308.02	+$248.00 → SHY
4	$14,857	$413.85	$14,506	$315.35	+$351.00 → SHY
5	$16,322	$425.71	$15,858	$322.35	+$464.00 → SHY
6	$17,902	$437.11	$17,313	$329.04	+$589.00 → SHY
7	$19,603	$448.05	$18,878	$335.42	+$725.00 → SHY
8	$21,434	$458.53	$20,560	$341.49	+$874.00 → SHY
9	$23,403	$468.55	$22,367	$347.25	+$1.0K → SHY
10	$25,519	$478.12	$24,307	$352.73	+$1.2K → SHY

SHY vs HDV: Complete Analysis 2026

SHY — ETF

The iShares 1-3 Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between one and three years.

Full SHY 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.