Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs VOE: how they differ
DGRO and VOE hold 13% of their weight in the same names, and VOE returned more over the year.
iShares Core Dividend Growth ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, DGRO and VOE hold 13% of their money in the same securities at the same weight.
| Holding | DGRO | VOE |
|---|---|---|
| PHILLIPS 66 | 0.50% | 1.18% |
| AMERICAN ELECTRIC POWER COMPANY INC | 0.45% | 0.65% |
| AIR PRODUCTS AND CHEMICALS INC | 0.39% | 0.57% |
| SEMPRA | 0.38% | 1.05% |
| FIFTH THIRD BANCORP | 0.35% | 0.89% |
| FEDEX CORP | 0.32% | 0.58% |
| METLIFE INC | 0.32% | 0.80% |
| XCEL ENERGY INC | 0.30% | 0.87% |
| CUMMINS INC | 0.30% | 1.71% |
| ENTERGY CORP | 0.29% | 0.95% |
| CONSOLIDATED EDISON INC | 0.28% | 0.71% |
| PUBLIC SERVICE ENTERPRISE GROUP INC | 0.27% | 0.70% |
| Only in DGRO | Only in VOE |
|---|---|
| BROADCOM INC 3.25% | Valero Energy Corp 1.34% |
| JP MORGAN CHASE & COMPANY 3.05% | Marathon Petroleum Corp 1.29% |
| APPLE INC 2.94% | CRH PLC 1.24% |
| MICROSOFT CORP 2.92% | United Rentals Inc 1.23% |
| EXXON MOBIL CORP 2.91% | General Motors Co 1.21% |
| JOHNSON & JOHNSON 2.64% | SLB Ltd 1.21% |
| ABBVIE INC 2.53% | Simon Property Group Inc 1.20% |
| UNITEDHEALTH GROUP INC 2.32% | Warner Bros Discovery Inc 1.10% |
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 | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Core Dividend Growth | Mid-Cap Value |
| Total return, 1 year | +17.4% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | +2.7 pts |
| Expense ratio | 0.08% | 0.05% |
| Already in the S&P 500 | 94.7% | 96.6% |
| Holdings | 394 | 170 |
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%.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, DGRO or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and VOE returned +20.2%, so VOE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or VOE?
- DGRO charges 0.08% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and VOE overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 13% 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 VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources