SmarterDividends

DVY vs VYM: Which Is the Better Dividend Stock?

As of Nov 2, 2026, DVY (iShares Select Dividend ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. DVY offers the higher yield at 3.29%, DVY has the higher dividend-safety score, and DVY looks like the better value (its fair-value estimate is 58% below its share price).

Key facts: DVY vs VYM

Data as of · Source: SmarterDividends data

  • As of Nov 2, 2026, iShares Select Dividend ETF (DVY) has the higher forward dividend yield at 3.29%, versus 2.25% for Vanguard High Dividend Yield Index Fund ETF Shares (VYM).
  • As of Nov 2, 2026, SmarterDividends grades DVY's dividend safety B (78/100) and VYM's C (63/100).
  • By SmarterDividends' count as of Nov 2, 2026, DVY has raised its dividend for 5 consecutive years and VYM for 15.
  • As of Nov 2, 2026, DVY's fair-value estimate is 58% below its share price and VYM's fair-value estimate is 66% below its share price, so DVY looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DVY vs VYM: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dvy-vs-vym

MetricDVYVYM
Forward yield3.29%2.25%
Annual dividend$3.54$3.68
Payout ratio——
Years of growth5 yr15 yr
5-yr dividend growth7.9%3.8%
5-yr total return41%55%
Dividend safety score78 (B)63 (C)
Fair value estimate$68.21$55.33
Upside to fair value-58%-66%
Frequencyquarterlyquarterly
Market cap——
P/E ratio15.720.5

Higher yield

DVY

3.29%

Safer dividend

DVY

Grade B

Faster growth

DVY

7.9%

Better value

DVY

-58% upside

DVY vs VYM — FAQ

Is DVY or VYM a better dividend stock?

On the data, DVY wins more head-to-head categories (4 vs 3). DVY offers the higher yield (3.29%), while DVY has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, DVY or VYM?

DVY has the higher forward dividend yield at 3.29%, versus 2.25% for VYM.

Is DVY or VYM safer?

DVY has the higher dividend-safety score (78/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is DVY or VYM better value right now?

As of Nov 2, 2026, DVY looks like the better value: its fair-value estimate is 58% below its share price (overvalued). For VYM, its fair-value estimate is 66% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.