Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs ISPY: how they differ
Over the year DGRO returned more, +17.4% against +14.4%, and DGRO charges 0.08% against 0.56%.
iShares Core Dividend Growth ETF and ProShares S&P 500 High Income ETF.
What they hold in common
By the books each fund has filed, DGRO and ISPY hold 37% of their money in the same securities at the same weight.
| Holding | DGRO | ISPY |
|---|---|---|
| APPLE INC | 2.94% | 6.31% |
| BROADCOM INC | 3.25% | 2.92% |
| MICROSOFT CORP | 2.92% | 4.60% |
| ELI LILLY & COMPANY | 1.14% | 1.21% |
| JP MORGAN CHASE & COMPANY | 3.05% | 1.11% |
| EXXON MOBIL CORP | 2.91% | 0.84% |
| VISA INC | 1.05% | 0.76% |
| JOHNSON & JOHNSON | 2.64% | 0.75% |
| WALMART INC | 0.95% | 0.70% |
| CISCO SYSTEMS INC | 1.73% | 0.66% |
| CATERPILLAR INC | 0.79% | 0.56% |
| MASTERCARD INC | 0.61% | 0.55% |
| Only in DGRO | Only in ISPY |
|---|---|
| ACCENTURE PLC 0.76% | ProShares GENIUS Money Market ETF 10.56% |
| MEDTRONIC PLC 0.72% | NVIDIA Corp. 7.07% |
| LINDE PLC 0.65% | Amazon.com, Inc. 3.64% |
| EATON CORP PLC 0.44% | Alphabet, Inc. 3.05% |
| CHUBB LTD (SWITZERLAND) 0.32% | Alphabet, Inc. 2.42% |
| NXP SEMICONDUCTORS NV 0.31% | Meta Platforms, Inc. 1.91% |
| CRH PLC 0.24% | Tesla, Inc. 1.69% |
| JOHNSON CONTROLS INTERNATIONAL PLC 0.24% | Micron Technology, Inc. 1.50% |
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 iShares Core Dividend Growth ETF | ISPY ProShares S&P 500 High Income ETF | |
|---|---|---|
| Where it sits | Core index fund | Income ETF |
| Issuer | iShares | ProShares |
| What it is | Core Dividend Growth | covered call, vs SPY |
| Total return, 1 year | +17.4% | +14.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −3.1 pts |
| Cash paid, 1 year | not an income fund | 5.7% |
| Expense ratio | 0.08% | 0.56% |
| Holdings | 394 | not filed |
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%.
ISPY in plain words
Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which returned more over the last year, DGRO or ISPY?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and ISPY returned +14.4%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or ISPY?
- DGRO charges 0.08% a year and ISPY charges 0.56%, so DGRO is cheaper. Fees come from each fund's prospectus.
- Are DGRO and ISPY the same kind of fund?
- No. DGRO is an index ETF and ISPY is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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 ISPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-ISPY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources