Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs XLF: how they differ
DGRO and XLF hold 19% of their weight in the same names, and DGRO returned more over the year.
iShares Core Dividend Growth ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, DGRO and XLF hold 19% of their money in the same securities at the same weight.
| Holding | DGRO | XLF |
|---|---|---|
| JP MORGAN CHASE & COMPANY | 3.05% | 11.57% |
| BANK OF AMERICA CORP | 1.84% | 4.91% |
| WELLS FARGO & COMPANY | 1.29% | 3.34% |
| MORGAN STANLEY | 1.28% | 3.31% |
| GOLDMAN SACHS GROUP INC (THE) | 1.19% | 3.94% |
| CITIGROUP INC | 1.12% | 3.15% |
| VISA INC | 1.05% | 7.51% |
| BLACKROCK INC | 0.72% | 1.83% |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 0.66% | 1.30% |
| MASTERCARD INC | 0.61% | 5.47% |
| AMERICAN EXPRESS COMPANY | 0.42% | 2.38% |
| BANK OF NEW YORK MELLON CORP (THE) | 0.38% | 1.31% |
| Only in DGRO | Only in XLF |
|---|---|
| BROADCOM INC 3.25% | Berkshire Hathaway Inc 12.10% |
| APPLE INC 2.94% | Charles Schwab Corp/The 1.99% |
| MICROSOFT CORP 2.92% | Progressive Corp/The 1.68% |
| EXXON MOBIL CORP 2.91% | Capital One Financial Corp 1.65% |
| JOHNSON & JOHNSON 2.64% | Chubb Ltd 1.62% |
| ABBVIE INC 2.53% | US Bancorp 1.24% |
| UNITEDHEALTH GROUP INC 2.32% | Blackstone Inc 1.15% |
| PROCTER & GAMBLE COMPANY (THE) 2.08% | Robinhood Markets Inc 1.05% |
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 | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core Dividend Growth | Financials |
| Total return, 1 year | +17.4% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −9.9 pts |
| Expense ratio | 0.08% | 0.08% |
| Already in the S&P 500 | 94.7% | 100.0% |
| Holdings | 394 | 76 |
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%.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% 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 76 positions, with the top ten at 57.7%.
Questions people ask
- Which returned more over the last year, DGRO or XLF?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and XLF returned +7.6%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or XLF?
- DGRO charges 0.08% a year and XLF charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and XLF overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 100% of XLF by weight is stocks the S&P 500 already holds. Between the two funds, 19% 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 XLF, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-XLF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources