STXV vs. HDV

Last updated Jun 4, 2026

STXV (Strive 1000 Value ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - STXV is a Large Cap Value Equities fund tracking the Bloomberg US 1000 Value, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 3 years, STXV returned 18.06%/yr vs 14.94%/yr for HDV. Their correlation of 0.81 suggests significant overlap in exposure. STXV charges 0.18%/yr vs 0.08%/yr for HDV.

Performance

STXV vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Value ETF (STXV) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with STXV having a 12.50% return and HDV slightly higher at 12.69%.

STXV

• 1D: -0.12%
• 1M: 3.00%
• YTD: 12.50%
• 6M: 13.79%
• 1Y: 27.20%
• 3Y*: 18.06%
• 5Y*: —
• 10Y*: —

HDV

• 1D: 0.37%
• 1M: 0.29%
• YTD: 12.69%
• 6M: 12.16%
• 1Y: 20.35%
• 3Y*: 14.94%
• 5Y*: 10.32%
• 10Y*: 9.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

STXV vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXV Strive 1000 Value ETF	12.50%	16.26%	13.34%	9.28%	-1.46%
HDV iShares Core High Dividend ETF	12.69%	11.90%	14.16%	1.72%	0.69%

Correlation

The correlation between STXV and HDV is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Nov 11, 2022	0.81

The correlation between STXV and HDV shifts across timeframes, from 0.67 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.

STXV vs. HDV - Sectors Allocation Comparison

Sectors	STXV	HDV
Financial Services	21.1%	11.1%
Healthcare	16.5%	16.5%
Technology	12.8%	8.2%
Energy	11.2%	22.3%
Consumer Defensive	7.9%	24.1%
Industrials	7.7%	1.4%
Utilities	6.2%	9.2%
Consumer Cyclical	5.8%	6.1%
Communication Services	4.5%	0.1%
Real Estate	3.4%	-
Basic Materials	3.1%	1.2%

Return for Risk

STXV vs. HDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STXV

STXV Risk / Return Rank: 84
STXV Sharpe Ratio Rank: 83
STXV Sortino Ratio Rank: 86
STXV Omega Ratio Rank: 81
STXV Calmar Ratio Rank: 85
STXV Martin Ratio Rank: 84

HDV

HDV Risk / Return Rank: 64
HDV Sharpe Ratio Rank: 61
HDV Sortino Ratio Rank: 66
HDV Omega Ratio Rank: 57
HDV Calmar Ratio Rank: 76
HDV Martin Ratio Rank: 61

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.

STXV vs. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Value ETF (STXV) 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.

	STXV	HDV	Difference
Sharpe ratio: Return per unit of total volatility	2.71	2.10	+0.61
Sortino ratio: Return per unit of downside risk	3.86	3.11	+0.75
Omega ratio: Gain probability vs. loss probability	1.49	1.36	+0.13
Calmar ratio: Return relative to maximum drawdown	4.70	3.95	+0.76
Martin ratio: Return relative to average drawdown	17.14	11.02	+6.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STXV vs. HDV - Sharpe Ratio Comparison

The current STXV Sharpe Ratio is 2.71, which is comparable to the HDV Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of STXV 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.

Sharpe Ratios by Period

	STXV	HDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	2.10	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	0.72	+0.35

Drawdowns

STXV vs. HDV - Drawdown Comparison

The maximum STXV drawdown since its inception was -14.80%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for STXV and HDV.

Drawdown Indicators

	STXV	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-14.80%	-37.04%	+22.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	-5.18%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-14.80%	-10.49%	-4.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.04%	—
Current Drawdown Current decline from peak	-0.12%	-2.54%	+2.42%
Average Drawdown Average peak-to-trough decline	-2.75%	-3.09%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.85%	-0.26%

Volatility

STXV vs. HDV - Volatility Comparison

The current volatility for Strive 1000 Value ETF (STXV) is 2.03%, while iShares Core High Dividend ETF (HDV) has a volatility of 3.19%. This indicates that STXV experiences smaller price fluctuations and is considered to be less risky than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXV	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.03%	3.19%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	7.03%	7.56%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	10.08%	9.73%	+0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.22%	12.82%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.22%	15.73%	-2.51%

STXV vs. HDV - Expense Ratio Comparison

STXV has a 0.18% expense ratio, which is higher than HDV's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

STXV vs. HDV - Dividend Comparison

STXV's dividend yield for the trailing twelve months is around 2.24%, less than HDV's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDV iShares Core High Dividend ETF	2.91%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%
STXV Strive 1000 Value ETF	2.24%	2.37%	2.36%	2.05%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXV and HDV in my portfolio?

STXV and HDV have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXV or HDV?

HDV has higher volatility (3.19%) compared to STXV (2.03%). In terms of maximum drawdown, STXV dropped -14.80% vs HDV's -37.04%.

Which ETF is better, STXV or HDV?

On 3-year performance, STXV leads with 18.06% vs 14.94% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, STXV has been the lower-risk option at 2.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXV or HDV?

Over the 3-year period, STXV has performed better with a 18.06% return vs 14.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXV or HDV?

HDV is cheaper with a 0.08% expense ratio, compared with 0.18% for STXV.

Which ETF pays a higher dividend yield, STXV or HDV?

HDV has the higher dividend yield at 2.91%, compared with 2.24% for STXV.

What is the main difference between STXV and HDV?

STXV is categorized as Large Cap Value Equities, while HDV is Dividend. STXV tracks Bloomberg US 1000 Value, while HDV tracks Morningstar Dividend Yield Focus Index. They also come from different issuers: Strive and iShares. Their fees differ too: 0.18% for STXV and 0.08% for HDV.

Which has better risk-adjusted returns?

STXV currently has the higher Sharpe Ratio (2.71 vs 2.10), 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.