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 24.97%/yr vs 9.29%/yr for HDV. At a 0.41 correlation, their price movements are largely independent.
Performance
MSFT vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSFT achieves a -11.10% return, which is significantly lower than HDV's 13.48% return. Over the past 10 years, MSFT has outperformed HDV with an annualized return of 24.97%, while HDV has yielded a comparatively lower 9.29% annualized return.
MSFT
- 1D
- 0.17%
- 1M
- 4.28%
- YTD
- -11.10%
- 6M
- -10.58%
- 1Y
- -6.98%
- 3Y*
- 9.26%
- 5Y*
- 12.20%
- 10Y*
- 24.97%
HDV
- 1D
- 0.70%
- 1M
- 0.51%
- YTD
- 13.48%
- 6M
- 13.49%
- 1Y
- 22.15%
- 3Y*
- 15.28%
- 5Y*
- 10.47%
- 10Y*
- 9.29%
MSFT vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -11.10% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
HDV iShares Core High Dividend ETF | 13.48% | 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 -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2011 | 0.41 |
The correlation between MSFT and HDV shifts across timeframes, from -0.17 (1 year) to 0.41 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
| MSFT | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.39 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 4.30 | -4.50 |
| Martin ratioReturn relative to average drawdown | -0.44 | 11.97 | -12.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MSFT | HDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | 2.29 | -2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.82 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | 0.59 | +0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.73 | +0.02 |
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.
Loading charts...
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 | -33.91% | -5.18% | -28.73% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -10.49% | -23.42% |
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 | -20.53% | -1.86% | -18.67% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -3.09% | -18.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 1.86% | +14.14% |
Volatility
MSFT vs. HDV - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 9.93% compared to iShares Core High Dividend ETF (HDV) at 3.23%. 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.
Loading charts...
Volatility by Period
| MSFT | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.93% | 3.23% | +6.70% |
Volatility (6M)Calculated over the trailing 6-month period | 22.32% | 7.54% | +14.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.12% | 9.75% | +15.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.61% | 12.82% | +13.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.03% | 15.73% | +11.30% |
Dividends
MSFT vs. HDV - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.83%, less than HDV's 2.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 2.89% | 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 | 0.83% | 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 -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (9.93%) compared to HDV (3.23%). In terms of maximum drawdown, MSFT dropped -69.38% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.29 vs -0.28), 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.
Find the right allocation for MSFT and HDV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer