HDV — iShares Core High Dividend ETF
iShares (BlackRock) · Expense Ratio: 0.08% · Dividend · 7bp below the Dividend category average of 0.15%
Key Facts
| Ticker | HDV |
| Full Name | iShares Core High Dividend ETF |
| Provider | iShares (BlackRock) |
| Expense Ratio | 0.08% |
| Category | Dividend |
| Assets Under Management | $10B |
| Inception Year | 2011 (15 years ago) |
| Number of Holdings | 80 |
| Dividend Yield | ~3.5% (high) |
| Top Holdings | XOM, CVX, JNJ, KO |
What Is HDV?
HDV, managed by iShares (BlackRock), launched in 2011, is a well-established ETF with adequate liquidity for most investors in the Dividend category. Dividend-focused ETF investing in companies with consistent and growing dividend payouts. With $10B in assets under management, it has adequate trading volume for most individual investors.
HDV in a FIRE Portfolio
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns.
At a ~3.5% yield, a $1M position in HDV would generate approximately $35,000/year in dividend income. For FIRE investors, dividend income reduces the need to sell holdings during market downturns — a strategy known as "living off dividends."
Cost Analysis: How HDV's 0.08% Fee Affects Your FIRE Timeline
At 0.08%, HDV is very cost-effective. Annual fees on a $100K investment: $80. Over 30 years, the fee drag shaves approximately 0.5% off your total returns. For a $1M FIRE portfolio, that's about $8,000 in cumulative fees — noticeable but reasonable for most investors.
Dividend Income Potential
With a high dividend yield of approximately 3.5%, here's what HDV could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $3,500/year | $292/month |
| $250,000 | $8,750/year | $729/month |
| $500,000 | $17,500/year | $1,458/month |
| $1,000,000 | $35,000/year | $2,917/month |
Frequently Asked Questions About HDV
What is the expense ratio for HDV?
HDV has an expense ratio of 0.08%. This is very cost-effective — on a $100K portfolio, annual fees are $80. 7bp below the dividend category average of 0.15%.
Is HDV good for a FIRE portfolio?
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns. Its 0.08% expense ratio is very cost-effective for the Dividend category.
How does the 0.08% fee affect long-term returns?
At 0.08%, you'll pay $80/year per $100K invested. Over 30 years, fees reduce total returns by approximately 0.5%. Use the embedded calculator below to model the exact impact on your specific portfolio.
Is HDV liquid enough for my portfolio?
HDV manages $10B in assets — a well-established ETF with adequate liquidity for most investors. For most individual FIRE investors making regular contributions, liquidity is sufficient. If you're investing large lump sums ($100K+), use limit orders to control your execution price.
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