Which returned more over the last year, DGRO or FDL?

In the year to Oct 9, 2026, with distributions reinvested, DGRO returned +15.8% and FDL +20.6%.

Which is cheaper, DGRO or FDL?

DGRO is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DGRO and FDL overlap with the S&P 500?

By their latest filed holdings, 92% of DGRO and 93% of FDL by weight is stocks the S&P 500 already holds.

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DGRO vs FDL: Differences, Returns & Fees

DGRO and FDL hold 11% of their weight in the same names, and FDL returned +20.6% over the year. Net assets on Oct 9, 2026: $43.1bn for iShares Core Dividend Growth ETF and $7.7bn for First Trust Morningstar ETF.

DGRO costs 0.35 points a year less; their one-year returns differ by 4.8 points; DGRO is 5.6 times larger.

DGRO vs FDL: Differences, Returns & Fees
	DGRO	FDL
Expense ratio	0.08%	0.43%
Net assets	$43.1bn	$7.7bn
Total return, 1 year	+15.8%	+20.6%
What it tracks	Morningstar US Dividend Growth Index	Morningstar Dividend Leaders Index
Holdings in common	11%
Top ten holdings, share of the fund	27.4%	50.4%
Below its high		5.9%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+15.8%

DGRO total return, 1 year

+20.6%

FDL total return, 1 year

0.08%

DGRO expense ratio

0.43%

FDL expense ratio

What they hold in common

By the books each fund has filed, DGRO and FDL hold 11% 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 Oct 9, 2026.

50%

half

11% in common

Positions both hold, largest shared weight first

Holding DGRO FDL

PHILIP MORRIS INTERNATIONAL 2.29% 6.77%

PEPSICO 1.68% 4.97%

ACCENTURE PLC CLASS A 1.01% 3.00%

MEDTRONIC PLC 0.79% 2.33%

SOUTHERN 0.78% 2.30%

DUKE ENERGY CORP 0.74% 2.20%

MONDELEZ INTERNATIONAL CLASS A 0.57% 1.69%

PUBLIC SERVICE ENTERPRISE GROUP 0.30% 0.88%

CONSOLIDATED EDISON 0.29% 0.87%

WEC ENERGY GROUP 0.28% 0.81%

ARES MANAGEMENT CLASS A 0.22% 0.64%

DTE ENERGY 0.20% 0.60%

Only in DGRO

MICROSOFT 3.27%

EXXONMOBIL HOLDINGS CORP 3.15%

APPLE 3.11%

ABBVIE 2.99%

BROADCOM INC 2.79%

JOHNSON & JOHNSON 2.79%

JPMORGAN CHASE & CO 2.75%

PROCTER & GAMBLE 2.38%

Only in FDL

Chevron Corporation 9.08%

Verizon Communications Inc. 6.56%

Pfizer Inc. 6.55%

Altria Group, Inc. 4.95%

Bristol-Myers Squibb Company 3.06%

United Parcel Service, Inc. (Class B) 3.04%

Comcast Corporation (Class A) 2.45%

Blackstone Inc. 2.18%

Check overlap with more funds →

On the same fields

DGRO

iShares Core Dividend Growth ETF

FDL

First Trust Morningstar ETF

Where it sits Stock ETF Stock ETF

Issuer iShares First Trust

What it is Tracks an index of Dividend Growth Tracks an index

Total return, 1 year +15.8% +20.6%

Expense ratio 0.08% 0.43%

Already in the S&P 500 91.8% 93.3%

Holdings 393 100

Net assets $43.1bn $7.7bn

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

About DGRO

DGRO tracks an index of Dividend Growth. Over the year to Oct 9, 2026 it returned +15.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 9, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 393 positions, with the top ten at 27.4%.

About FDL

FDL tracks an index. Over the year to Oct 9, 2026 it returned +20.6% with distributions reinvested. The prospectus expense ratio is 0.43% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 50.4%. It sat 5.9% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DGRO or FDL?: In the year to Oct 9, 2026, with distributions reinvested, DGRO returned +15.8% and FDL +20.6%.
Which is cheaper, DGRO or FDL?: DGRO is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and FDL overlap with the S&P 500?: By their latest filed holdings, 92% of DGRO and 93% of FDL by weight is stocks the S&P 500 already holds.

Other comparisons

DGRO vs FTCS DGRO vs JAVA DGRO vs SPYD DGRO vs SPLV FDL vs IVE FDL vs SPYV EAGL vs FDL FDL vs FELV

DGRO on its own →FDL on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DGRO filings on SEC EDGAR ↗DGRO prospectus with the expense ratio (SEC) ↗iShares page for DGRO ↗FDL filings on SEC EDGAR ↗FDL prospectus with the expense ratio (SEC) ↗First Trust page for FDL ↗

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, DGRO against FDL, data as of Oct 9, 2026. https://etfiq.com/compare/any/dgro-vs-fdl

Open data

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