MSFT vs. HDV
MSFT (Microsoft Corporation) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, MSFT returned 23.73%/yr vs 9.28%/yr for HDV. At a 0.41 correlation, their price movements are largely independent.
Performance
MSFT vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -16.69% return, which is significantly lower than HDV's 18.49% return. Over the past 10 years, MSFT has outperformed HDV with an annualized return of 23.73%, while HDV has yielded a comparatively lower 9.28% annualized return.
MSFT
- 1D
- 1.38%
- 1M
- 1.85%
- 6M
- -11.78%
- YTD
- -16.69%
- 1Y
- -20.04%
- 3Y*
- 5.90%
- 5Y*
- 8.28%
- 10Y*
- 23.73%
HDV
- 1D
- 2.57%
- 1M
- 3.57%
- 6M
- 13.53%
- YTD
- 18.49%
- 1Y
- 23.14%
- 3Y*
- 16.44%
- 5Y*
- 11.92%
- 10Y*
- 9.28%
MSFT vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -16.69% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
HDV iShares Core High Dividend ETF | 18.49% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
Correlation
The correlation between MSFT and HDV is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011 | 0.41 |
The correlation between MSFT and HDV shifts across timeframes, from -0.09 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MSFT vs. HDV — Risk / Return Rank
MSFT
HDV
MSFT vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) and iShares Core High Dividend ETF (HDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MSFT | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.91 | ||
| Sortino ratioReturn per unit of downside risk | -4.18 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.38 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 4.49 | -5.07 |
| Martin ratioReturn relative to average drawdown | -1.08 | 12.27 | -13.34 |
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Drawdowns
MSFT vs. HDV - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for MSFT and HDV.
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Drawdown Indicators
| MSFT | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -37.04% | -32.34% |
Max Drawdown (1Y)Largest decline over 1 year | -34.50% | -5.18% | -29.32% |
Max Drawdown (3Y)Largest decline over 3 years | -34.50% | -10.49% | -24.01% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -15.42% | -21.73% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -37.04% | -0.11% |
Current DrawdownCurrent decline from peak | -25.54% | 0.00% | -25.54% |
Average DrawdownAverage peak-to-trough decline | -21.80% | -3.07% | -18.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.60% | 1.89% | +16.71% |
Volatility
MSFT vs. HDV - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.80% compared to iShares Core High Dividend ETF (HDV) at 5.12%. This indicates that MSFT's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFT | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.80% | 5.12% | +5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 24.46% | 8.63% | +15.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.35% | 10.72% | +16.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.05% | 12.95% | +14.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.18% | 15.77% | +11.41% |
Dividends
MSFT vs. HDV - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.89%, less than HDV's 3.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.11% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
MSFT Microsoft Corporation | 0.89% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Frequently Asked Questions
MSFT and HDV have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.80%) compared to HDV (5.12%). In terms of maximum drawdown, MSFT dropped -69.38% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.17 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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