Get the weekly note

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

ETFIQetfiq.com · independent ETF data

DGRO vs FNDX: how they differ

DGRO and FNDX hold 45% of their weight in the same names, and FNDX returned more over the year.

iShares Core Dividend Growth ETF and Schwab Fundamental U.S. Large Company ETF.

What they hold in common

By the books each fund has filed, DGRO and FNDX hold 45% of their money in the same securities at the same weight.

Positions DGRO and FNDX both hold, largest shared weight first
HoldingDGROFNDX
APPLE INC2.94%4.64%
MICROSOFT CORP2.92%2.33%
EXXON MOBIL CORP2.91%2.29%
JP MORGAN CHASE & COMPANY3.05%1.38%
UNITEDHEALTH GROUP INC2.32%1.37%
JOHNSON & JOHNSON2.64%0.97%
WALMART INC0.95%1.01%
CISCO SYSTEMS INC1.73%0.90%
BANK OF AMERICA CORP1.84%0.87%
CITIGROUP INC1.12%0.85%
MERCK & COMPANY INC1.75%0.68%
WELLS FARGO & COMPANY1.29%0.68%
Largest positions each one holds and the other does not
Only in DGROOnly in FNDX
ACCENTURE PLC 0.76%Intel Corp 2.57%
MEDTRONIC PLC 0.72%Alphabet Inc 2.38%
LINDE PLC 0.65%Alphabet Inc 1.90%
EATON CORP PLC 0.44%Amazon.com Inc 1.86%
CHUBB LTD (SWITZERLAND) 0.32%Micron Technology Inc 1.60%
NXP SEMICONDUCTORS NV 0.31%Chevron Corp 1.49%
CRH PLC 0.24%Berkshire Hathaway Inc 1.41%
JOHNSON CONTROLS INTERNATIONAL PLC 0.24%Meta Platforms Inc 1.24%

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 May 31, 2026.

DGRO and FNDX on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
DGRO
iShares Core Dividend Growth ETF
FNDX
Schwab Fundamental U.S. Large Company ETF
Where it sitsCore index fundCore index fund
IssueriSharesSchwab
What it isCore Dividend GrowthFundamental U.S. Large Company
Total return, 1 year+17.4%+26.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.1 pts+8.6 pts
Expense ratio0.08%0.25%
Already in the S&P 50094.7%91.2%
Holdings394733

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%.

FNDX in plain words

FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.

Questions people ask

Which returned more over the last year, DGRO or FNDX?
In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and FNDX returned +26.1%, so FNDX returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DGRO or FNDX?
DGRO charges 0.08% a year and FNDX charges 0.25%, so DGRO is cheaper. Fees come from each fund's prospectus.
How much do DGRO and FNDX overlap with the S&P 500?
By their latest filed holdings, 95% of DGRO and 91% of FNDX by weight is stocks the S&P 500 already holds. Between the two funds, 45% of their books are the same securities at the same weight.

Other comparisons

Where to next

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.

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

A comparison is not a recommendation. Standards and sources