DVYA vs SPY
iShares Asia/Pacific Dividend ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. DVYA delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DVYA | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.09% | |
| AUM | $72M | $821.1B | |
| Dividend Yield | 4.31% | 1.01% | |
| Holdings | 68 | 505 | |
| YTD Return | +16.69% | +14.24% | |
| 1Y Return | +28.82% | +21.71% | |
| 3Y Return (annualized) | +22.50% | +22.10% | |
| 5Y Return (annualized) | +11.47% | +13.21% | |
| Volatility (annualized) | 17.3% | 15.3% | |
| Max Drawdown | -59.6% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2012 | Jan 22, 1993 |
DVYA vs SPY Performance
iShares Asia/Pacific Dividend ETF (DVYA) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DVYA returned +28.82% while SPY returned +21.71%. Year to date, DVYA is up 16.69% versus a gain of 14.24% for SPY.
Over three years, DVYA compounded at +22.50% per year against +22.10% for SPY; over five years the annualized figures are +11.47% and +13.21% respectively. Across the full 15-year window we track, SPY has the edge at +8.86% annualized vs +2.18%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DVYA has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -59.6% for DVYA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DVYA charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, DVYA currently yields 4.31% against 1.01% for SPY.
Holdings Overlap
DVYA and SPY share 0 holdings out of 555 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DVYA or SPY?
DVYA has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, DVYA or SPY?
Over the past year DVYA returned +28.82% vs +21.71% for SPY, so DVYA leads on 1-year performance. Over the longest common window we track (15 years), DVYA annualized +2.18% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, DVYA or SPY?
DVYA has been the more volatile fund at 17.3% annualized versus 15.3% for SPY. Worst drawdown: DVYA -59.6% vs SPY -56.5%.
Should I hold both DVYA and SPY?
DVYA and SPY have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DVYA and SPY?
DVYA and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 555 unique securities.
Which pays a higher dividend, DVYA or SPY?
DVYA yields 4.31% while SPY yields 1.01%, so DVYA currently pays the higher dividend yield.
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