DON vs PEY: Yield, Cost and Returns Compared
As of Nov 5, 2026, PEY yields more: 4.17% (dividend yield) against 2.30% for DON. DON is cheaper to own at 0.38% a year vs 0.68%. Over the same 18 years (Dec 2007 to Oct 2026), DON returned 9.5% a year with distributions reinvested, and PEY 7.8%.
| Compared | DON | PEY |
|---|---|---|
| YieldDividend yield | 2.30% | 4.17% |
| Expense ratio | 0.38% | 0.68% |
| Total return, 1 yr | +15.7% | +23.8% |
| Total return, 3 yr (a year) | +15.8% | +15.5% |
| Total return, 5 yr (a year) | +8.3% | +8.6% |
| Total return, 10 yr (a year) | +9.5% | +9.2% |
| Worst drop since Dec 2007 | -50.0% | -63.0% |
| Share price since Dec 2007 | +231% | +83% |
| Pays | Monthly | Monthly |
| Issuer | WisdomTree | Invesco |
| Assets | $4.0B | $1.1B |
| Started | 2006 | 2004 |
| Type | Mid-Cap Value | Mid-Cap Value |
Higher yield
PEY
4.17%
Lower cost
DON
0.38%
Better total return
DON
9.5%/yr
Smaller worst drop
DON
-50.0%
Key facts: DON vs PEY
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, DON yields 2.30% (dividend yield) and PEY yields 4.17% (dividend yield).
- DON's expense ratio is 0.38% and PEY's is 0.68%: $38 vs $68 a year on $10,000.
- From Dec 2007 to Oct 2026, $10,000 in DON grew to $54,933 (9.5% a year) and $10,000 in PEY to $40,819 (7.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -50.0% for DON and -63.0% for PEY.
- 1 of DON's top ten holdings are also in PEY's top ten, an overlap of at least 2% of the fund.
Cite this page
SmarterDividends, "DON vs PEY: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/don-vs-pey
$10,000 in each, Dec 2007 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DON became
$54,933
9.5% a year
PEY became
$40,819
7.8% a year
Year by year
| Year | DON | PEY |
|---|---|---|
| 2025 | +3.4% | +0.6% |
| 2024 | +13.9% | +5.2% |
| 2023 | +13.6% | +7.3% |
| 2022 | −4.7% | +2.4% |
| 2021 | +30.3% | +26.2% |
| 2020 | −5.4% | −3.9% |
| 2019 | +23.3% | +24.8% |
| 2018 | −8.2% | −7.5% |
| 2017 | +14.9% | +8.8% |
| 2016 | +20.4% | +31.5% |
| 2015 | −1.1% | +2.3% |
| 2014 | +15.3% | +18.1% |
| 2013 | +33.2% | +30.5% |
| 2012 | +13.6% | +6.2% |
| 2011 | +5.4% | +8.6% |
| 2010 | +21.7% | +20.9% |
| 2009 | +32.0% | +3.5% |
| 2008 | −32.4% | −38.1% |
Total return each calendar year, distributions reinvested.
Top holdings
1 of the top ten overlap, at least 2% of each fund.
DON
- BBY Best Buy Co Inc1.6%
- APA APA Corp1.5%
- VTRS Viatris Inc1.5%
- DINO HF Sinclair Corp1.3%
- HAS Hasbro Inc1.3%
- BEN Franklin Templeton Inc1.3%
- PR Permian Resources Corp Class A1.2%
- SWK Stanley Black & Decker Inc1.1%
- AFG American Financial Group Inc1.1%
- SJM JM Smucker Co1.0%
PEY
- PRGO Perrigo Co PLC3.8%
- FLO Flowers Foods Inc3.7%
- MO Altria Group Inc3.2%
- EIX Edison International3.1%
- UVV Universal Corp3.0%
- UPS United Parcel Service Inc Class B2.9%
- PFE Pfizer Inc2.9%
- BBY Best Buy Co Inc2.6%
- LYB LyondellBasell Industries NV Class A2.5%
- AVA Avista Corp2.4%
DON vs PEY: questions
Is DON or PEY better?
It depends on the job. PEY pays more today (4.17% vs 2.30%), DON costs less, and DON has the better total return over Dec 2007 to Oct 2026, with DON holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, DON or PEY?
PEY, at 4.17% against 2.30% for DON as of Nov 5, 2026. On $10,000 that's about $417 vs $230 a year at today's rates.
Which has the better total return?
DON. From Dec 2007 to Oct 2026, it returned 9.5% a year with distributions reinvested, against 7.8% for PEY. $10,000 became $54,933 vs $40,819.
Which is cheaper, DON or PEY?
DON, with a 0.38% expense ratio against 0.68%.
Do DON and PEY hold the same things?
Partly. 1 of their top ten holdings match (BBY), at least 2% of each fund. Owning both doubles up on those.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. DON leads on 5 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.