HDV vs SPHD: Which Is the Better Dividend Stock?
As of September 2026, SPHD (Invesco S&P 500 High Dividend Low Volatility ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SPHD offers the higher yield at 5.05%, HDV has the higher dividend-safety score, and SPHD trades at the larger discount to fair value (-34%).
| Metric | HDV | SPHD |
|---|---|---|
| Forward yield | 3.01% | 5.05% |
| Annual dividend | $0.85 | $2.47 |
| Payout ratio | — | — |
| Years of growth | 0 yr | 1 yr |
| 5-yr dividend growth | 1.9% | 1.0% |
| 5-yr total return | 46% | 17% |
| Dividend safety score | 62 (C) | 56 (C) |
| Fair value estimate | $11.92 | $33.05 |
| Upside to fair value | -59% | -34% |
| Frequency | monthly | monthly |
| Market cap | — | — |
| P/E ratio | 21.2 | 15.8 |
Higher yield
SPHD
5.05%
Safer dividend
HDV
Grade C
Faster growth
HDV
1.9%
Better value
SPHD
-34% upside
HDV vs SPHD — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.