Data as of Oct 28, 2026.

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DGRO vs IWB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to IWB's +13.1%; 42% of their weight is in the same names.

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Net assets: $44.6bn on Oct 27, 2026 for iShares Core Dividend Growth ETF, and $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF.

At a glance
+18.8%
DGRO total return, 1 year
+13.1%
IWB total return, 1 year
0.08%
DGRO expense ratio
0.15%
IWB expense ratio

Pair scorecard

DGRO costs 0.07 points a year less; their one-year returns differ by 5.7 points; IWB is 1.1 times larger.

DGRO vs IWB: Differences, Returns & Fees
MeasureDGROIWB
Return
Total return, 1 year+18.8%+13.1%
Benchmark
What it tracksMorningstar US Dividend Growth IndexRussell 1000 Index
Cost and size
Expense ratio0.08%0.15%
Net assets, as of Oct 26, 2026$44.7bn$48.7bn
Holdings
Holdings in common42%
Top ten holdings, share of the fund27.2%35.3%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
DGRO IWB
Return
Total return edge IWB +321.3% +358.9%
Annualized edge IWB (slight) +12.3% +13.1%
Price return edge IWB +216.7% +277.1%
Risk
Volatility edge DGRO (slight) 15.3% 16.7%
Max drawdown edge Tie −32.1% −32.7%
Risk-adjusted
Sharpe edge Tie 0.70 0.70
Sortino edge Tie 1.00 1.00
Calmar edge IWB (slight) 0.38 0.40
Reading

IWB returned more: +358.9% to +321.3%. DGRO swung slightly less: 15.3% to 16.7%. DGRO and IWB fell about the same at their worst: −32.1% and −32.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs IWB: Differences, Returns & Fees
MeasureDGROIWBEdgeHow it is measured
Return
Total return+321.3%+358.9%IWBPrice change plus distributions, reinvested.
Annualized+12.3%+13.1%IWB (slight)Total return as a yearly rate.
Price return+216.7%+277.1%IWBPrice change alone, distributions left out.
Risk
Volatility15.3%16.7%DGRO (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%11.6%DGRO (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−32.7%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.70TieReturn above Treasury bills per unit of volatility.
Sortino1.001.00TieReturn above Treasury bills per unit of downside deviation.
Calmar0.380.40IWB (slight)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

42%

By the books each fund has filed, DGRO and IWB hold 42% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

42% in common

Positions both hold · largest shared weight first DGRO IWB
MICROSOFT 3.14% 5.56%
APPLE 3.11% 7.06%
BROADCOM INC 2.55% 2.24%
ELI LILLY 1.35% 1.44%
JPMORGAN CHASE & CO 2.68% 1.26%
EXXONMOBIL HOLDINGS CORP 3.24% 1.04%
VISA CLASS A 1.08% 0.96%
JOHNSON & JOHNSON 2.77% 0.91%
WALMART 1.06% 0.74%
ABBVIE 3.00% 0.71%
MASTERCARD CLASS A 0.65% 0.69%
CISCO SYSTEMS INC 1.49% 0.62%
Only in one fund ↓
Only in DGRO
NXP SEMICONDUCTORS NV 0.24%
TE CONNECTIVITY PLC 0.21%
BLACK HILLS CORP 0.05%
HOME BANCSHARES INC 0.04%
MAGNOLIA OIL GAS CORP CLASS A 0.04%
NEW JERSEY RESOURCES CORP 0.04%
NORTHWESTERN ENERGY GROUP 0.04%
ONE GAS 0.04%
Only in IWB
NVIDIA 7.15%
AMAZON.COM INC 3.46%
ALPHABET CLASS A 2.63%
ALPHABET CLASS C 2.12%
META PLATFORMS CLASS A 1.92%
TESLA INC 1.68%
MICRON TECHNOLOGY 1.47%
BERKSHIRE HATHAWAY INC CLASS B 1.42%
Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF IWB iShares Russell 1000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend Growth Tracks the Russell 1000
Total return, 1 year +18.8% +13.1%
Its benchmark over the same days not measured +13.2% (VONE)
Gap to its benchmark not measured −0.1 pts vs VONE
Expense ratio 0.08% 0.15%
Already in the S&P 500 91.8% 91.7%
Holdings 393 1025
Net assets, DGRO as of Oct 27, 2026 and IWB as of Oct 28, 2026 $44.6bn $49.1bn

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

Client brief · page 1 of 2 Report BR-45ADE5C7A8

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

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and IWB follows Russell 1000 Index.
  2. Holdings in common. 42% 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 IWB +13.1% with distributions reinvested, a gap of 5.7 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%.

IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% 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 1,025 positions, with the top ten at 35.3%.

Questions people ask

Which returned more over the last year, DGRO or IWB?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and IWB +13.1%.
Which is cheaper, DGRO or IWB?
DGRO is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and IWB overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 92% of IWB by weight is stocks the S&P 500 already holds.
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ETFIQ, DGRO against IWB, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-iwb

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