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PLD vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PLD vs. HDV

Last updated Jun 13, 2026

PLD (Prologis, Inc.) 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, PLD returned 14.79%/yr vs 9.47%/yr for HDV. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

PLD vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prologis, Inc. (PLD) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PLD achieves a 17.45% return, which is significantly higher than HDV's 15.30% return. Over the past 10 years, PLD has outperformed HDV with an annualized return of 14.79%, while HDV has yielded a comparatively lower 9.47% annualized return.

PLD

1D
1.05%
1M
4.26%
YTD
17.45%
6M
16.07%
1Y
43.46%
3Y*
10.48%
5Y*
6.57%
10Y*
14.79%

HDV

1D
0.87%
1M
2.05%
YTD
15.30%
6M
15.20%
1Y
21.86%
3Y*
15.16%
5Y*
10.91%
10Y*
9.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLD vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PLD
Prologis, Inc.		17.45%25.08%-18.12%21.58%-31.33%72.33%14.74%55.87%-6.25%25.94%
HDV
iShares Core High Dividend ETF		15.30%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%13.40%

Correlation

The correlation between PLD and HDV is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.52

Correlation (10Y)
Calculated over the trailing 10-year period

0.48

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2011

0.52

The correlation between PLD and HDV has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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Prologis, Inc.

iShares Core High Dividend ETF

Often compared with PLD:
PLD vs. VNQPLD vs. STAGPLD vs. PSAPLD vs. VOOPLD vs. EXRPLD vs. CUBEPLD vs. ILPT
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

PLD vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PLD
PLD Risk / Return Rank: 8989
Overall Rank
PLD Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
PLD Sortino Ratio Rank: 8888
Sortino Ratio Rank
PLD Omega Ratio Rank: 8585
Omega Ratio Rank
PLD Calmar Ratio Rank: 9191
Calmar Ratio Rank
PLD Martin Ratio Rank: 9393
Martin Ratio Rank
HDV
HDV Risk / Return Rank: 8080
Overall Rank
HDV Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 8585
Sortino Ratio Rank
HDV Omega Ratio Rank: 7676
Omega Ratio Rank
HDV Calmar Ratio Rank: 8686
Calmar Ratio Rank
HDV Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLD vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prologis, Inc. (PLD) 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.

PLDHDVDifference
Sharpe ratioReturn per unit of total volatility
1.96
2.23

-0.26

Sortino ratioReturn per unit of downside risk
2.80
3.29

-0.49

Omega ratioGain probability vs. loss probability

1.34

1.38

-0.04

Calmar ratioReturn relative to maximum drawdown

4.39

4.18

+0.22

Martin ratioReturn relative to average drawdown

14.61

11.59

+3.02

PLD vs. HDV - Sharpe Ratio Comparison

The current PLD Sharpe Ratio is 1.96, which is comparable to the HDV Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of PLD and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

PLD vs. HDV - Drawdown Comparison

The maximum PLD drawdown since its inception was -84.70%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for PLD and HDV.

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Drawdown Indicators

PLDHDVDifference

Max Drawdown

Largest peak-to-trough decline

-84.70%

-37.04%

-47.66%

Max Drawdown (1Y)

Largest decline over 1 year

-9.59%

-5.18%

-4.41%

Max Drawdown (3Y)

Largest decline over 3 years

-31.37%

-10.49%

-20.88%

Max Drawdown (5Y)

Largest decline over 5 years

-43.30%

-15.42%

-27.88%

Max Drawdown (10Y)

Largest decline over 10 years

-43.30%

-37.04%

-6.26%

Current Drawdown

Current decline from peak

-2.77%

-0.29%

-2.48%

Average Drawdown

Average peak-to-trough decline

-17.36%

-3.08%

-14.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.89%

1.87%

+1.02%

Volatility

PLD vs. HDV - Volatility Comparison

Prologis, Inc. (PLD) has a higher volatility of 6.41% compared to iShares Core High Dividend ETF (HDV) at 3.10%. This indicates that PLD'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

PLDHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.41%

3.10%

+3.31%

Volatility (6M)

Calculated over the trailing 6-month period

14.49%

7.44%

+7.05%

Volatility (1Y)

Calculated over the trailing 1-year period

21.46%

9.73%

+11.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.97%

12.83%

+14.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.00%

15.73%

+11.27%

Dividends

PLD vs. HDV - Dividend Comparison

PLD's dividend yield for the trailing twelve months is around 2.76%, less than HDV's 2.84% yield.

PositionTTM20252024202320222021202020192018201720162015
HDV
iShares Core High Dividend ETF		2.84%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%
PLD
Prologis, Inc.		2.76%3.16%3.63%2.61%2.80%1.50%2.33%2.38%3.27%2.73%3.18%3.54%

Frequently Asked Questions

PLD and HDV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PLD has higher volatility (6.41%) compared to HDV (3.10%). In terms of maximum drawdown, PLD dropped -84.70% vs HDV's -37.04%.

HDV currently has the higher Sharpe Ratio (2.23 vs 1.96), 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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