Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs XLB: how they differ
DGRO and XLB hold 1% of their weight in the same names, and DGRO returned more over the year.
iShares Core Dividend Growth ETF and State Street(R) Materials Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, DGRO and XLB hold 1% of their money in the same securities at the same weight.
| Holding | DGRO | XLB |
|---|---|---|
| AIR PRODUCTS AND CHEMICALS INC | 0.39% | 4.63% |
| SHERWIN-WILLIAMS COMPANY (THE) | 0.15% | 4.95% |
| NUCOR CORP | 0.15% | 3.88% |
| ECOLAB INC | 0.15% | 4.73% |
| PPG INDUSTRIES INC | 0.14% | 3.62% |
| CORTEVA INC | 0.11% | 4.97% |
| STEEL DYNAMICS INC | 0.08% | 3.73% |
| VULCAN MATERIALS COMPANY | 0.06% | 4.72% |
| AVERY DENNISON CORP | 0.06% | 1.67% |
| MOSAIC COMPANY (THE) | 0.05% | 0.90% |
| MARTIN MARIETTA MATERIALS INC | 0.04% | 4.55% |
| Only in DGRO | Only in XLB |
|---|---|
| BROADCOM INC 3.25% | Linde PLC 14.08% |
| JP MORGAN CHASE & COMPANY 3.05% | Newmont Corp 5.85% |
| APPLE INC 2.94% | Freeport-McMoRan Inc 5.31% |
| MICROSOFT CORP 2.92% | CRH PLC 4.67% |
| EXXON MOBIL CORP 2.91% | Smurfit Westrock PLC 3.25% |
| JOHNSON & JOHNSON 2.64% | Packaging Corp of America 2.83% |
| ABBVIE INC 2.53% | International Flavors & Fragrances Inc 2.71% |
| UNITEDHEALTH GROUP INC 2.32% | International Paper Co 2.70% |
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 | XLB State Street(R) Materials Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core Dividend Growth | Materials |
| Total return, 1 year | +17.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −5.5 pts |
| Expense ratio | 0.08% | 0.08% |
| Already in the S&P 500 | 94.7% | 100.0% |
| Holdings | 394 | 26 |
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%.
XLB in plain words
XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DGRO or XLB?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and XLB returned +12.0%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or XLB?
- DGRO charges 0.08% a year and XLB charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and XLB overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 100% of XLB by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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 XLB, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-XLB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources