Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs XLI: how they differ
DGRO and XLI hold 9% of their weight in the same names, and DGRO returned more over the year.
iShares Core Dividend Growth ETF and State Street(R) Industrial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, DGRO and XLI hold 9% of their money in the same securities at the same weight.
| Holding | DGRO | XLI |
|---|---|---|
| CATERPILLAR INC | 0.79% | 8.52% |
| UNION PACIFIC CORP | 0.78% | 2.81% |
| RTX CORP | 0.69% | 4.44% |
| AUTOMATIC DATA PROCESSING INC | 0.58% | 1.55% |
| LOCKHEED MARTIN CORP | 0.47% | 1.79% |
| ILLINOIS TOOL WORKS INC | 0.39% | 1.23% |
| DEERE & COMPANY | 0.35% | 2.77% |
| FEDEX CORP | 0.32% | 1.19% |
| GENERAL DYNAMICS CORP | 0.31% | 1.56% |
| CUMMINS INC | 0.30% | 1.71% |
| EMERSON ELECTRIC COMPANY | 0.28% | 1.39% |
| CSX CORP | 0.26% | 1.53% |
| Only in DGRO | Only in XLI |
|---|---|
| BROADCOM INC 3.25% | General Electric Co 6.77% |
| JP MORGAN CHASE & COMPANY 3.05% | GE Vernova Inc 5.48% |
| APPLE INC 2.94% | Boeing Co/The 2.96% |
| MICROSOFT CORP 2.92% | Eaton Corp PLC 2.87% |
| EXXON MOBIL CORP 2.91% | Uber Technologies Inc 2.55% |
| JOHNSON & JOHNSON 2.64% | Vertiv Holdings Co 2.23% |
| ABBVIE INC 2.53% | Trane Technologies PLC 1.89% |
| UNITEDHEALTH GROUP INC 2.32% | Johnson Controls International plc 1.55% |
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 | XLI State Street(R) Industrial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core Dividend Growth | Industrials |
| Total return, 1 year | +17.4% | +14.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | −3.3 pts |
| Expense ratio | 0.08% | 0.08% |
| Already in the S&P 500 | 94.7% | 100.0% |
| Holdings | 394 | 81 |
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%.
XLI in plain words
XLI is an index equity fund tracking the Industrials. Over the year to Sep 11, 2026 it returned +14.3% 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 81 positions, with the top ten at 41.4%. It sat 7.6% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DGRO or XLI?
- In the year to Sep 12, 2026, with distributions reinvested, DGRO returned +17.4% and XLI returned +14.3%, so DGRO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or XLI?
- DGRO charges 0.08% a year and XLI charges 0.08%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and XLI overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 100% of XLI by weight is stocks the S&P 500 already holds. Between the two funds, 9% 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 XLI, data as of Sep 12, 2026. https://etfiq.com/compare/any/DGRO-XLI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources