Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs SPHD: how they differ
DGRO and SPHD hold 4% of their weight in the same names, and DGRO returned more over the year.
iShares Core Dividend Growth ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, DGRO and SPHD hold 4% of their money in the same securities at the same weight.
| Holding | DGRO | SPHD |
|---|---|---|
| EXXON MOBIL CORP | 2.91% | 1.55% |
| DUKE ENERGY CORP | 0.73% | 1.59% |
| EOG RESOURCES INC | 0.53% | 1.99% |
| FIFTH THIRD BANCORP | 0.35% | 1.33% |
| DTE ENERGY COMPANY | 0.22% | 1.54% |
| PRINCIPAL FINANCIAL GROUP INC | 0.17% | 1.70% |
| EVERGY INC | 0.14% | 1.70% |
| GENUINE PARTS COMPANY | 0.12% | 1.04% |
| Only in DGRO | Only in SPHD |
|---|---|
| BROADCOM INC 3.25% | Verizon Communications Inc. 3.49% |
| JP MORGAN CHASE & COMPANY 3.05% | Altria Group, Inc. 3.45% |
| APPLE INC 2.94% | Healthpeak Properties, Inc. 3.24% |
| MICROSOFT CORP 2.92% | Kraft Heinz Co. (The) 3.03% |
| JOHNSON & JOHNSON 2.64% | Pfizer Inc. 2.99% |
| ABBVIE INC 2.53% | Franklin Resources, Inc. 2.82% |
| UNITEDHEALTH GROUP INC 2.32% | VICI Properties Inc. 2.68% |
| PROCTER & GAMBLE COMPANY (THE) 2.08% | ONEOK, Inc. 2.66% |
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 | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | Core Dividend Growth | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +17.4% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −8.9 pts |
| Expense ratio | 0.08% | 0.30% |
| Already in the S&P 500 | 94.7% | 95.7% |
| Holdings | 394 | 49 |
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%.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DGRO or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and SPHD returned +8.6%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or SPHD?
- DGRO charges 0.08% a year and SPHD charges 0.30%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and SPHD overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 96% of SPHD 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.
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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 SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources