Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs GARP: how they differ
DGRO and GARP hold 16% of their weight in the same names, and GARP returned more over the year.
iShares Core Dividend Growth ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, DGRO and GARP hold 16% of their money in the same securities at the same weight.
| Holding | DGRO | GARP |
|---|---|---|
| BROADCOM INC | 3.25% | 3.96% |
| APPLE INC | 2.94% | 4.44% |
| MICROSOFT CORP | 2.92% | 4.10% |
| ELI LILLY & COMPANY | 1.14% | 3.73% |
| VISA INC | 1.05% | 3.73% |
| ORACLE CORP | 0.81% | 1.18% |
| CITIGROUP INC | 1.12% | 0.62% |
| MASTERCARD INC | 0.61% | 1.63% |
| PHILLIPS 66 | 0.50% | 0.88% |
| LAM RESEARCH CORP | 0.35% | 3.79% |
| AMPHENOL CORP | 0.29% | 1.52% |
| KLA CORP | 0.27% | 6.46% |
| Only in DGRO | Only in GARP |
|---|---|
| JP MORGAN CHASE & COMPANY 3.05% | MICRON TECHNOLOGY INC 6.07% |
| EXXON MOBIL CORP 2.91% | NVIDIA CORP 4.16% |
| JOHNSON & JOHNSON 2.64% | META PLATFORMS INC 3.35% |
| ABBVIE INC 2.53% | FORTINET INC 3.16% |
| UNITEDHEALTH GROUP INC 2.32% | ALPHABET INC 2.88% |
| PROCTER & GAMBLE COMPANY (THE) 2.08% | NETFLIX INC 2.85% |
| PHILIP MORRIS INTERNATIONAL INC 1.94% | ADOBE INC 2.71% |
| HOME DEPOT INC (THE) 1.90% | ADVANCED MICRO DEVICES INC 2.21% |
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.
| DGRO iShares Core Dividend Growth ETF | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core Dividend Growth | MSCI USA Quality GARP |
| Total return, 1 year | +17.4% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | +12.0 pts |
| Expense ratio | 0.08% | 0.15% |
| Already in the S&P 500 | 94.7% | 94.4% |
| Holdings | 394 | 131 |
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%.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, DGRO or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and GARP returned +29.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or GARP?
- DGRO charges 0.08% a year and GARP charges 0.15%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and GARP overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 94% of GARP by weight is stocks the S&P 500 already holds. Between the two funds, 16% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, DGRO against GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources