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

In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and HDV +29.4%.

Which is cheaper, DGRO or HDV?

Neither: DGRO and HDV both charge 0.08% a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 92% of DGRO and 90% of HDV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DGRO vs HDV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to HDV's +29.4%; 30% of their weight is in the same names.

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Net assets on Oct 27, 2026: $44.6bn for iShares Core Dividend Growth ETF and $15.9bn for iShares Core High Dividend ETF.

DGRO on its own →HDV on its own →

At a glance

+18.8%

DGRO total return, 1 year

+29.4%

HDV total return, 1 year

0.08%

DGRO expense ratio

0.08%

HDV expense ratio

Pair scorecard

Both cost 0.08% a year; their one-year returns differ by 10.6 points; DGRO is 2.8 times larger.

DGRO vs HDV: Differences, Returns & Fees
Measure	DGRO	HDV
Return
Measure	DGRO	HDV
Total return, 1 year	+18.8%	+29.4%
Benchmark
Measure	DGRO	HDV
What it tracks	Morningstar US Dividend Growth Index	Morningstar Dividend Yield Focus Index
Cost and size
Measure	DGRO	HDV
Expense ratio	0.08%	0.08%
Net assets, as of Oct 27, 2026	$44.6bn	$15.9bn
Holdings
Measure	DGRO	HDV
Holdings in common	30%
Top ten holdings, share of the fund	27.2%	55.6%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns

DGRO HDV

Return

Total return edge DGRO +321.3% +212.6%

Annualized edge DGRO +12.3% +9.6%

Price return edge DGRO +216.7% +98.9%

Risk

Volatility edge HDV (slight) 15.3% 14.6%

Max drawdown edge DGRO (slight) −32.1% −33.4%

Risk-adjusted

Sharpe edge DGRO 0.70 0.56

Sortino edge DGRO 1.00 0.78

Calmar edge DGRO 0.38 0.29

Reading

DGRO returned more: +321.3% to +212.6%. HDV swung slightly less: 14.6% to 15.3%. DGRO fell slightly less at its worst: −32.1% to −33.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: DGRO vs HDV: Differences, Returns & Fees
Measure	DGRO	HDV	Edge	How it is measured
Return
Total return	+321.3%	+212.6%	DGRO	Price change plus distributions, reinvested.
Annualized	+12.3%	+9.6%	DGRO	Total return as a yearly rate.
Price return	+216.7%	+98.9%	DGRO	Price change alone, distributions left out.
Risk
Volatility	15.3%	14.6%	HDV (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	10.7%	10.5%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−32.1%	−33.4%	DGRO (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.70	0.56	DGRO	Return above Treasury bills per unit of volatility.
Sortino	1.00	0.78	DGRO	Return above Treasury bills per unit of downside deviation.
Calmar	0.38	0.29	DGRO	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

30%

By the books each fund has filed, DGRO and HDV hold 30% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

30% in common

Positions both hold · largest shared weight first DGRO HDV

EXXONMOBIL HOLDINGS CORP 3.24% 9.48%

ABBVIE 3.00% 6.77%

PROCTER & GAMBLE 2.42% 5.46%

PHILIP MORRIS INTERNATIONAL 2.23% 5.04%

HOME DEPOT 2.03% 4.57%

COCA-COLA 1.89% 4.26%

PEPSICO 1.72% 3.89%

AMGEN INC 1.23% 2.78%

MCDONALDS CORP 1.13% 2.55%

NEXTERA ENERGY 1.13% 2.54%

CONOCOPHILLIPS 0.98% 2.21%

ABBOTT LABORATORIES 0.91% 2.06%

Only in one fund ↓

Only in DGRO

MICROSOFT 3.14%

APPLE 3.11%

JOHNSON & JOHNSON 2.77%

JPMORGAN CHASE & CO 2.68%

BROADCOM INC 2.55%

UNITEDHEALTH GROUP 1.89%

MERCK & CO INC 1.74%

CISCO SYSTEMS INC 1.49%

Only in HDV

CHEVRON 7.22%

VERIZON COMMUNICATIONS INC 5.12%

ALTRIA GROUP INC 3.75%

BLACKSTONE 1.64%

STARBUCKS CORP 1.38%

ONEOK 1.34%

WILLIAMS 1.27%

KINDER MORGAN 1.25%

Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF HDV iShares Core High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

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

Total return, 1 year +18.8% +29.4%

Expense ratio 0.08% 0.08%

Already in the S&P 500 91.8% 89.5%

Holdings 393 77

Net assets, as of Oct 27, 2026 $44.6bn $15.9bn

DGRO and HDV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-09F0E9DF41

DGRO and HDV are built for the same job. How do they differ in cost, holdings and results?

What each follows. DGRO follows Morningstar US Dividend Growth Index and HDV follows Morningstar Dividend Yield Focus Index.
Holdings in common. 30% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 DGRO returned +18.8% and HDV +29.4% with distributions reinvested, a gap of 10.6 points.

Data as of Oct 28, 2026.

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About each fund

DGRO

DGRO tracks an index of Dividend Growth. Over the year to Oct 28, 2026 it returned +18.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 393 positions, with the top ten at 27.2%.

HDV

HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.6%.

Questions people ask

Which returned more over the last year, DGRO or HDV?: In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and HDV +29.4%.
Which is cheaper, DGRO or HDV?: Neither: DGRO and HDV both charge 0.08% a year. Fees come from each fund's prospectus.
How much do DGRO and HDV overlap with the S&P 500?: By their latest filed holdings, 92% of DGRO and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

DGRO vs SCHV DGRO vs PVAL DGRO vs FDVV DGRO vs FNDX HDV vs IWD HDV vs SCHD HDV vs VTV HDV vs RWL

Where to next

DGRO on its own →HDV on its own →Hold both: look the portfolio through →Rankings →DGRO dividend history →DGRO holdings →HDV dividend history →HDV holdings →Standards and sources →

Sources and dates

DGRO and HDV filings on SEC EDGAR ↗

DGRO and HDV prospectus with the expense ratio (SEC) ↗

iShares page for DGRO ↗

iShares page for HDV ↗

Links are sources, not endorsements. 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 HDV, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-hdv

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