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 IWD: how they differ

DGRO and IWD hold 49% of their weight in the same names, and IWD returned more over the year.

iShares Core Dividend Growth ETF and iShares Russell 1000 Value ETF.

What they hold in common

By the books each fund has filed, DGRO and IWD hold 49% of their money in the same securities at the same weight.

Positions DGRO and IWD both hold, largest shared weight first
HoldingDGROIWD
APPLE INC2.94%5.38%
MICROSOFT CORP2.92%3.89%
JP MORGAN CHASE & COMPANY3.05%2.46%
JOHNSON & JOHNSON2.64%1.72%
EXXON MOBIL CORP2.91%1.60%
CISCO SYSTEMS INC1.73%1.30%
ABBVIE INC2.53%1.15%
UNITEDHEALTH GROUP INC2.32%1.05%
BANK OF AMERICA CORP1.84%0.99%
PROCTER & GAMBLE COMPANY (THE)2.08%0.96%
WALMART INC0.95%1.28%
MERCK & COMPANY INC1.75%0.89%
Largest positions each one holds and the other does not
Only in DGROOnly in IWD
BROADCOM INC 3.25%AMAZON.COM, INC. 5.95%
ELI LILLY & COMPANY 1.14%BERKSHIRE HATHAWAY INC. 2.62%
VISA INC 1.05%INTEL CORPORATION 1.72%
ORACLE CORP 0.81%CHEVRON CORPORATION 0.86%
CATERPILLAR INC 0.79%LINDE PUBLIC LIMITED COMPANY 0.67%
ACCENTURE PLC 0.76%META PLATFORMS, INC. 0.63%
MEDTRONIC PLC 0.72%VERIZON COMMUNICATIONS INC. 0.50%
LINDE PLC 0.65%THE WALT DISNEY COMPANY 0.48%

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 and IWD on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
DGRO
iShares Core Dividend Growth ETF
IWD
iShares Russell 1000 Value ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isCore Dividend GrowthRussell 1000 value
Total return, 1 year+17.4%+27.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.1 pts+9.9 pts
Expense ratio0.08%0.18%
Already in the S&P 50094.7%90.2%
Holdings394870

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%.

IWD in plain words

IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 870 positions, with the top ten at 27.9%.

Questions people ask

Which returned more over the last year, DGRO or IWD?
In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and IWD returned +27.4%, so IWD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DGRO or IWD?
DGRO charges 0.08% a year and IWD charges 0.18%, so DGRO is cheaper. Fees come from each fund's prospectus.
How much do DGRO and IWD overlap with the S&P 500?
By their latest filed holdings, 95% of DGRO and 90% of IWD by weight is stocks the S&P 500 already holds. Between the two funds, 49% 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 IWD, 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 IWD, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-IWD Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources