DGRO vs DGRW
iShares Core Dividend Growth ETF vs WisdomTree US Quality Dividend Growth Fund
Which is better, DGRO or DGRW?
Large Cap Value against Large Cap Blend.
DGRO has a lower expense ratio. DGRO led over 1Y and 3Y, DGRW over 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. DGRO is less concentrated, with 27.1% of the fund in its ten largest positions against 42.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DGRO | DGRW |
|---|---|---|
| Expense Ratio | 0.08%Best | 0.28% |
| AUM | $43.2B | $17.2B |
| Dividend Yield | 1.98% | 1.22% |
| Holdings | 397 | 398 |
| YTD Return | +13.25%Best | +11.23% |
| 1Y Return | +16.87%Best | +13.25% |
| 3Y Return (annualized) | +18.65%Best | +17.01% |
| 5Y Return (annualized) | +11.04% | +12.17%Best |
| Volatility (annualized) | 13.7%Tie | 13.7%Tie |
| Max Drawdown | -35.1% | -32.2%Best |
| $10,000 over 5 years | $16,881 | $17,758Best |
| Top 10 Weight | 27.1%Best | 42.2% |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 10, 2014 | May 22, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2014 to Oct 14, 2026 (12.3 years).
DGRO vs DGRW growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.3 years both funds cover.
DGRO vs DGRW Performance
iShares Core Dividend Growth ETF (DGRO) is an ETF from iShares by BlackRock (US) and WisdomTree US Quality Dividend Growth Fund (DGRW) is an ETF from WisdomTree Investments. Over the past year DGRO returned +16.87% while DGRW returned +13.25%. Year to date, DGRO is up 13.25% versus a gain of 11.23% for DGRW.
Over three years, DGRO compounded at +18.65% per year against +17.01% for DGRW; over five years the annualized figures are +11.04% and +12.17% respectively. Across the full 12-year window we track, DGRW has the edge at +11.46% annualized vs +10.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DGRO and DGRW have been equally volatile, both at 13.7% annualized.
The deepest peak-to-trough decline in our data was -35.1% for DGRO and -32.2% for DGRW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DGRO charges 0.08% per year while DGRW charges 0.28%. On a $10,000 position that is $8 vs $28 annually, a gap of $20 per year that compounds over a long holding period. On income, DGRO currently yields 1.98% against 1.22% for DGRW.
Holdings Overlap
56.4% of DGRO's money is in holdings DGRW also owns. 77.5% of DGRW's money is in holdings DGRO also owns.
Most of DGRW is already inside DGRO. Owning both mostly buys the same companies twice.
137 positions in common, counted across the 391 positions we hold weights for in DGRO and 198 in DGRW, against full books of 397 and 398.
What only one of them owns
Our book lists 61 positions for DGRW that do not appear in our book for DGRO (22.3% of the fund), and 241 for DGRO that do not appear in DGRW (41.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DGRO | Weight in DGRW | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 3.21% | 8.02% | 4.81% |
| AAPLApple, Inc | 3.13% | 5.96% | 2.83% |
| XOMExxonmobil Corp. | 3.13% | 5.08% | 1.95% |
| ABBVAbbvie Inc. | 2.89% | 3.70% | 0.81% |
| AVGOBroadcom Inc | 2.71% | 3.34% | 0.63% |
| KOCoca Cola Co. | 1.89% | 3.12% | 1.23% |
| MRKMerck & Co Inc Common Stock Usd 0.5 | 1.87% | 3.00% | 1.13% |
| UNHUnited Health Group Inc. | 1.78% | 2.62% | 0.84% |
| HDHome Depot Inc | 1.90% | 2.29% | 0.39% |
| JNJJohnson & Johnson | 2.83% | 1.09% | 1.74% |
77.5% of DGRW is already inside DGRO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DGRO or DGRW?
DGRO has an expense ratio of 0.08% while DGRW charges 0.28%. DGRO is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, DGRO or DGRW?
Over the past year DGRO returned +16.87% vs +13.25% for DGRW, so DGRO leads on 1-year performance. Over the longest common window we track (12 years), DGRO annualized +10.93% vs +11.46% for DGRW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DGRO or DGRW?
DGRO and DGRW have been equally volatile, both at 13.7% annualized. Worst drawdown: DGRO -35.1% vs DGRW -32.2%.
Should I hold both DGRO and DGRW?
DGRO and DGRW have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DGRO and DGRW?
77.5% of DGRW's money is in holdings DGRO also owns. 77.5% of DGRW's is in holdings DGRO also owns. They hold 137 positions in common, counted across the 391 positions we hold weights for in DGRO and 198 in DGRW.
Which pays a higher dividend, DGRO or DGRW?
DGRO yields 1.98% while DGRW yields 1.22%, so DGRO currently pays the higher dividend yield.
Is DGRW better than DGRO?
DGRO has a lower expense ratio. DGRO led over 1Y and 3Y, DGRW over 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. DGRO is less concentrated, with 27.1% of the fund in its ten largest positions against 42.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.