Is SPSM or HDV a better dividend investment in 2026?

SPSM currently yields 1.59% with a 5% 5-year dividend growth rate. HDV yields 2.92% with 4.8% growth. The better choice depends on your goal: HDV offers higher current income.

What is the dividend yield difference between SPSM and HDV?

SPSM has a forward dividend yield of 1.59% ($0.77/share annually). HDV yields 2.92% ($3.96/share annually). The yield gap is 1.33 percentage points.

Home › Compare › SPSM vs HDV

SPSM vs HDV: Dividend Comparison 2026

SPSM yields 1.59% · HDV yields 2.92%● Live data

vsPost on X →

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

🏆 HDV wins by $2.3K in total portfolio value

INVESTMENT

TIME HORIZON10 years

SPSM

● Live price

1.59%

Share price

$48.32

Annual div

$0.77

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$22.0K

Annual income

$176.12

Full SPSM 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 — SPSM vs HDV

📍 HDV pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis Period	SPSM	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%.

📅

Dividend Calendar Overlap

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

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SPSM pays

HDV pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SPSM

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

$135.06/yr

After 10yr DRIP, annual income (after tax)

$149.70/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, HDV beats the other by $150.12/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

SPSM: 50%HDV: 50%

100% HDV50/50100% SPSM

Portfolio after 10yr

$23.1K

Annual income

$264.42/yr

Blended yield

1.14%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPSM buys

HDV buys

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

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

MetricSPSMHDV

Forward yield	1.59%	2.92% ✓
Annual dividend / share	$0.77	$3.96 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$22.0K	$24.3K ✓
Annual income after 10y	$176.12	$352.73 ✓
Total dividends collected	$1.7K	$3.2K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	SPSM Portfolio	SPSM Income/yr	HDV Portfolio	HDV Income/yr	Gap
1← crossover	$10,859	$158.90	$11,002	$292.38	$143.00 → HDV
2	$11,780	$161.26	$12,084	$300.36	$304.00 → HDV
3	$12,768	$163.49	$13,250	$308.02	$482.00 → HDV
4	$13,828	$165.62	$14,506	$315.35	$678.00 → HDV
5	$14,963	$167.62	$15,858	$322.35	$895.00 → HDV
6	$16,180	$169.52	$17,313	$329.04	$1.1K → HDV
7	$17,484	$171.32	$18,878	$335.42	$1.4K → HDV
8	$18,881	$173.01	$20,560	$341.49	$1.7K → HDV
9	$20,377	$174.61	$22,367	$347.25	$2.0K → HDV
10	$21,980	$176.12	$24,307	$352.73	$2.3K → HDV

SPSM vs HDV: Complete Analysis 2026

SPSM — Stock

The State Street SPDR Portfolio S&P 600 Small Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Index (the "Index")A low-cost ETF that seeks to offer precise, comprehensive exposure to small cap US equitiesThe Index is float-adjusted and market capitalization weightedOne of the low-cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes

Full SPSM 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 →

📬

Get this SPSM vs HDV comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

SPSM vs SCHD SPSM vs JEPI SPSM vs O SPSM vs KO SPSM vs MAIN SPSM vs VYM SPSM vs DVY SPSM vs SPHD

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