Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs MDY: how they differ
DGRO and MDY hold 4% of their weight in the same names, and DGRO returned more over the year.
iShares Core Dividend Growth ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, DGRO and MDY hold 4% of their money in the same securities at the same weight.
| Holding | DGRO | MDY |
|---|---|---|
| FIDELITY NATIONAL FINANCIAL INC | 0.13% | 0.33% |
| EAST WEST BANCORP INC | 0.12% | 0.49% |
| OVINTIV INC | 0.09% | 0.40% |
| DICKS SPORTING GOODS INC | 0.08% | 0.41% |
| OGE ENERGY CORP | 0.08% | 0.28% |
| DT MIDSTREAM INC | 0.08% | 0.41% |
| JEFFERIES FINANCIAL GROUP INC | 0.07% | 0.23% |
| ESSENTIAL UTILITIES INC | 0.07% | 0.30% |
| OWENS CORNING | 0.07% | 0.35% |
| UNUM GROUP | 0.07% | 0.36% |
| RELIANCE INC | 0.07% | 0.53% |
| ZIONS BANCORP NA | 0.06% | 0.28% |
| Only in DGRO | Only in MDY |
|---|---|
| BROADCOM INC 3.25% | TWILIO INC 0.86% |
| JP MORGAN CHASE & COMPANY 3.05% | CARPENTER TECHNOLOGY CORP 0.85% |
| APPLE INC 2.94% | MKS INC 0.83% |
| MICROSOFT CORP 2.92% | ENTEGRIS INC 0.76% |
| EXXON MOBIL CORP 2.91% | ATI INC 0.74% |
| JOHNSON & JOHNSON 2.64% | ILLUMINA INC 0.73% |
| ABBVIE INC 2.53% | TECHNIPFMC PLC 0.73% |
| UNITEDHEALTH GROUP INC 2.32% | STERLING INFRASTRUCTURE INC 0.71% |
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 | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core Dividend Growth | S&P MidCap 400, book from IJH |
| Total return, 1 year | +17.4% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −4.5 pts |
| Expense ratio | 0.08% | 0.23% |
| Already in the S&P 500 | 94.7% | 0.0% |
| Holdings | 394 | 400 |
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%.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DGRO or MDY?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and MDY returned +13.0%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or MDY?
- DGRO charges 0.08% a year and MDY charges 0.23%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and MDY overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 4% 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 MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-MDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources