Which returned more over the last year, AIRR or DGRO?

In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and DGRO returned +17.4%, so DGRO returned more. One year is one year; the longer windows are in the table.

Which is cheaper, AIRR or DGRO?

AIRR charges 0.69% a year and DGRO charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.

How much do AIRR and DGRO overlap with the S&P 500?

By their latest filed holdings, 6% of AIRR and 95% of DGRO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Are AIRR and DGRO the same kind of fund?

No. AIRR is a thematic ETF and DGRO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

AIRR vs DGRO: how they differ

Over the year DGRO returned more, +17.4% against +15.0%, and DGRO charges 0.08% against 0.69%.

First Trust RBA American Industrial Renaissance ETF and iShares Core Dividend Growth ETF.

What they hold in common

By the books each fund has filed, AIRR and DGRO hold 0% of their money in the same securities at the same weight.

Positions AIRR and DGRO both hold, largest shared weight first
Holding	AIRR	DGRO
OWENS CORNING	3.90%	0.07%
CH ROBINSON WORLDWIDE INC	4.08%	0.07%
RYDER SYSTEM INC	1.31%	0.04%
HUNTINGTON INGALLS INDUSTRIES INC	2.45%	0.04%
WINTRUST FINANCIAL CORP	1.30%	0.03%
OSHKOSH CORP	1.60%	0.03%
MUELLER INDUSTRIES INC	1.37%	0.03%
BWX TECHNOLOGIES INC	2.97%	0.03%
COMFORT SYSTEMS USA INC	4.42%	0.03%
APPLIED INDUSTRIAL TECHNOLOGIES INC	1.80%	0.02%
EMCOR GROUP INC	3.75%	0.02%
HERC HOLDINGS INC	1.58%	0.02%

Largest positions each one holds and the other does not
Only in AIRR	Only in DGRO
STERLING INFRASTRUCTURE INC 6.00%	BROADCOM INC 3.25%
ARGAN INC 4.73%	JP MORGAN CHASE & COMPANY 3.05%
MASTEC INC 4.18%	APPLE INC 2.94%
DYCOM INDUSTRIES INC 3.76%	MICROSOFT CORP 2.92%
SAIA INC 3.54%	EXXON MOBIL CORP 2.91%
POWELL INDUSTRIES INC 2.48%	JOHNSON & JOHNSON 2.64%
CLEAN HARBORS INC 2.44%	ABBVIE INC 2.53%
F.N.B. CORP (PENNSYLVANIA) 2.44%	UNITEDHEALTH GROUP INC 2.32%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

AIRR and DGRO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	AIRR First Trust RBA American Industrial Renaissance ETF	DGRO iShares Core Dividend Growth ETF
Where it sits	Thematic ETF	Core index fund
Issuer	First Trust	iShares
What it is	Reshoring and manufacturing	Core Dividend Growth
Total return, 1 year	+15.0%	+17.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−2.5 pts	−0.1 pts
Expense ratio	0.69%	0.08%
Already in the S&P 500	5.5%	94.7%
Holdings	58	394

AIRR in plain words

By weight, 6% of AIRR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 30% of the fund across 58 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +15.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 2.5 pts. It sits 19.5% below its all-time high of Jun 22, 2026.

DGRO in plain words

DGRO is an index equity fund tracking the Core Dividend Growth. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 394 positions, with the top ten at 26.6%.

Questions people ask

Which returned more over the last year, AIRR or DGRO?: In the year to Sep 12, 2026, with distributions reinvested, AIRR returned +15.0% and DGRO returned +17.4%, so DGRO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, AIRR or DGRO?: AIRR charges 0.69% a year and DGRO charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.
How much do AIRR and DGRO overlap with the S&P 500?: By their latest filed holdings, 6% of AIRR and 95% of DGRO by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Are AIRR and DGRO the same kind of fund?: No. AIRR is a thematic ETF and DGRO is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

AIRR against DGRO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AIRR against DGRO, data as of Sep 12, 2026. https://etfiq.com/compare/any/AIRR-DGRO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources