Which is cheaper, DFAL or DGRW?

DFAL is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFAL and DGRW overlap with the S&P 500?

By their latest filed holdings, 54% of DFAL and 97% of DGRW by weight is stocks the S&P 500 already holds.

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DFAL vs DGRW: Differences, Returns & Fees

DFAL and DGRW hold 31% of their weight in the same names. Net assets: $1.5bn on Jul 31, 2026 for Dimensional US Large Cap Core Equity Market ETF, and $16.6bn on Jun 30, 2026 for WisdomTree U.S. Quality Dividend Growth Fund.

DFAL costs 0.16 points a year less.

	DFAL	DGRW
Expense ratio	0.12%	0.28%
Net assets, DFAL as of Jul 31, 2026 and DGRW as of Jun 30, 2026	$1.5bn	$16.6bn
Total return, 1 year	not published	+12.9%
What it tracks	not published	WisdomTree U.S. Quality Dividend Growth Index
Holdings in common	31%
Top ten holdings, share of the fund	56.6%	36.1%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

+6.3%

DFAL total return, since launch, Jun 23, 2026

+12.9%

DGRW total return, 1 year

0.12%

DFAL expense ratio

0.28%

DGRW expense ratio

What they hold in common

By the books each fund has filed, DFAL and DGRW hold 31% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

half

31% in common

Positions both hold, largest shared weight first

Holding DFAL DGRW

NVIDIA CORPORATION 3.93% 7.94%

APPLE INC. 3.83% 3.86%

MICROSOFT CORPORATION 2.82% 5.74%

ALPHABET INC. 2.09% 2.31%

BROADCOM INC. 1.57% 2.34%

ALPHABET INC. 1.27% 2.31%

META PLATFORMS, INC. 1.07% 2.97%

ELI LILLY AND COMPANY 0.85% 1.53%

VISA INC. 0.52% 1.41%

JOHNSON & JOHNSON 0.51% 2.34%

MASTERCARD INCORPORATED 0.43% 0.59%

WALMART INC. 0.41% 0.93%

Only in DFAL

iShares Russell Top 200 Growth Index ETF 13.12%

Ishares Russell Top 200 Value Index Fund 8.84%

DFA Dimensional US Marketwide Value ETF 7.98%

Dimensional U S Core Equity 2 ETF 6.89%

iShares Russell Mid-Cap Value ETF 4.68%

AMAZON.COM, INC. 2.38%

JPMORGAN CHASE & CO. 0.87%

BERKSHIRE HATHAWAY INC. 0.76%

Only in DGRW

EXXONMOBIL HOLDINGS CORP 1.59%

TOLL BROTHERS INC 0.13%

CARLISLE COMPANIES INC 0.12%

ARAMARK 0.12%

MUELLER INDUSTRIES INC 0.11%

STIFEL FINANCIAL CORP 0.09%

SEI INVESTMENTS COMPANY 0.09%

DONALDSON COMPANY INC 0.09%

Check overlap with more funds →

On the same fields

DFAL

Dimensional US Large Cap Core Equity Market ETF

DGRW

WisdomTree U.S. Quality Dividend Growth Fund

Where it sits Stock ETF Stock ETF

Issuer Dimensional WisdomTree

What it is Equity fund Tracks an index of U.S. Quality Dividend Growth

Total return, 1 year +6.3% (since launch, Jun 23, 2026) +12.9%

S&P 500 over the same days +6.4% (since launch, Jun 23, 2026) +17.3%

Gap to the S&P 500 −0.1 pts (since launch, Jun 23, 2026) −4.4 pts

Expense ratio 0.12% 0.28%

Already in the S&P 500 53.9% 96.7%

Holdings 545 197

Net assets, DFAL as of Jul 31, 2026 and DGRW as of Jun 30, 2026 $1.5bn $16.6bn

DFAL and DGRW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFAL in plain words

The prospectus expense ratio is 0.12% a year. By its holdings filed for Jul 31, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 56.6%.

DGRW in plain words

DGRW tracks an index of U.S. Quality Dividend Growth. Over the year to Oct 9, 2026 it returned +12.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.28% 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 197 positions, with the top ten at 36.1%.

Questions people ask

Which is cheaper, DFAL or DGRW?: DFAL is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFAL and DGRW overlap with the S&P 500?: By their latest filed holdings, 54% of DFAL and 97% of DGRW by weight is stocks the S&P 500 already holds.

Other comparisons

DFAL vs ESGU DFAL vs DFUS DFAL vs SPMO DFAL vs USMV DGRW vs QQQE DGRW vs EUSA DGRW vs LCAP DGRW vs LCTU

DFAL on its own →DGRW on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFAL filings on SEC EDGAR ↗DFAL prospectus with the expense ratio (SEC) ↗Dimensional website ↗DGRW filings on SEC EDGAR ↗DGRW prospectus with the expense ratio (SEC) ↗WisdomTree page for DGRW ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFAL against DGRW, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfal-vs-dgrw

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.