Data as of Oct 28, 2026.

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DGRO vs IEMG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to IEMG's +15.3%; 0% 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 $150.4bn for iShares Core MSCI Emerging Markets ETF.

At a glance
+18.8%
DGRO total return, 1 year
+15.3%
IEMG total return, 1 year
0.08%
DGRO expense ratio
0.09%
IEMG expense ratio

Pair scorecard

DGRO costs 0.01 points a year less; their one-year returns differ by 3.5 points; IEMG is 3.4 times larger.

DGRO vs IEMG: Differences, Returns & Fees
MeasureDGROIEMG
Return
Total return, 1 year+18.8%+15.3%
Drawdown
Below its high10.1%, high on Jun 22, 2026
Benchmark
What it tracksMorningstar US Dividend Growth IndexMSCI Emerging Markets Investable Market Index (IMI)
Cost and size
Expense ratio0.08%0.09%
Net assets, as of Oct 27, 2026$44.6bn$150.4bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund27.2%32.7%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
DGRO IEMG
Return
Total return edge DGRO +321.3% +101.7%
Annualized edge DGRO +12.3% +5.8%
Price return edge DGRO +216.7% +45.5%
Risk
Volatility edge DGRO 15.3% 18.7%
Max drawdown edge DGRO −32.1% −37.1%
Risk-adjusted
Sharpe edge DGRO 0.70 0.29
Sortino edge DGRO 1.00 0.40
Calmar edge DGRO 0.38 0.16
Reading

DGRO returned more: +321.3% to +101.7%. DGRO swung less: 15.3% to 18.7%. DGRO fell less at its worst: −32.1% to −37.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs IEMG: Differences, Returns & Fees
MeasureDGROIEMGEdgeHow it is measured
Return
Total return+321.3%+101.7%DGROPrice change plus distributions, reinvested.
Annualized+12.3%+5.8%DGROTotal return as a yearly rate.
Price return+216.7%+45.5%DGROPrice change alone, distributions left out.
Risk
Volatility15.3%18.7%DGROSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%13.4%DGROLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−37.1%DGRODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.29DGROReturn above Treasury bills per unit of volatility.
Sortino1.000.40DGROReturn above Treasury bills per unit of downside deviation.
Calmar0.380.16DGROAnnualized 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

0%

By the books each fund has filed, DGRO and IEMG hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first DGRO IEMG
BECTON DICKINSON 0.27% 0.02%
ECOLAB 0.17% 0.01%
NEXSTAR MEDIA GROUP INC 0.04% 0.01%
TE CONNECTIVITY PLC 0.21% 0.01%
IDEX 0.05% 0.00%
OSHKOSH CORP 0.03% 0.00%
POOL 0.04% 0.00%
SEMPRA 0.38% 0.00%
SERVICE 0.05% 0.00%
Only in one fund ↓
Only in DGRO
EXXONMOBIL HOLDINGS CORP 3.24%
MICROSOFT 3.14%
APPLE 3.11%
ABBVIE 3.00%
JOHNSON & JOHNSON 2.77%
JPMORGAN CHASE & CO 2.68%
BROADCOM INC 2.55%
PROCTER & GAMBLE 2.42%
Only in IEMG
TAIWAN SEMICONDUCTOR MANUFACTURING 14.03%
SAMSUNG ELECTRONICS LTD 6.05%
SK HYNIX 4.31%
TENCENT HOLDINGS 2.32%
ALIBABA GROUP HOLDING 1.60%
MEDIATEK 1.36%
CHINA CONSTRUCTION BANK CORP H 0.83%
SAMSUNG ELECTRONICS NON VOTING PRE 0.80%
Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF IEMG iShares Core MSCI Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend Growth Tracks the MSCI Emerging Markets
Total return, 1 year +18.8% +15.3%
Its benchmark over the same days not measured +16.3% (EEM)
Gap to its benchmark not measured −1.0 pts vs EEM
Expense ratio 0.08% 0.09%
Already in the S&P 500 91.8% 0.0%
Holdings 393 2857
Net assets, as of Oct 27, 2026 $44.6bn $150.4bn

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

Client brief · page 1 of 2 Report BR-D5D8A1E22D

DGRO and IEMG do different jobs. What does each one do in a portfolio?

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and IEMG follows MSCI Emerging Markets Investable Market Index (IMI).
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DGRO returned +18.8% and IEMG +15.3% with distributions reinvested, a gap of 3.5 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%.

IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,857 positions, with the top ten at 32.7%. It sat 10.1% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DGRO or IEMG?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and IEMG +15.3%.
Which is cheaper, DGRO or IEMG?
DGRO is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and IEMG overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 0% of IEMG by weight is stocks the S&P 500 already holds.
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ETFIQ, DGRO against IEMG, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-iemg

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