Data as of Oct 28, 2026.

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DGRO vs IWF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to IWF's +0.9%; 21% 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 $124.7bn for iShares Russell 1000 Growth ETF.

At a glance
+18.8%
DGRO total return, 1 year
+0.9%
IWF total return, 1 year
0.08%
DGRO expense ratio
0.18%
IWF expense ratio

Pair scorecard

DGRO costs 0.10 points a year less; their one-year returns differ by 17.9 points; IWF is 2.8 times larger.

DGRO vs IWF: Differences, Returns & Fees
MeasureDGROIWF
Return
Total return, 1 year+18.8%+0.9%
Drawdown
Below its high4.8%, high on Oct 6, 2026
Benchmark
What it tracksMorningstar US Dividend Growth IndexRussell 1000 Growth Index
Cost and size
Expense ratio0.08%0.18%
Net assets, as of Oct 27, 2026$44.6bn$124.7bn
Holdings
Holdings in common21%
Top ten holdings, share of the fund27.2%57.5%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
DGRO IWF
Return
Total return edge IWF +321.3% +492.7%
Annualized edge IWF +12.3% +15.5%
Price return edge IWF +216.7% +428.0%
Risk
Volatility edge DGRO 15.3% 18.8%
Max drawdown edge Tie −32.1% −32.5%
Risk-adjusted
Sharpe edge IWF (slight) 0.70 0.75
Sortino edge IWF (slight) 1.00 1.11
Calmar edge IWF 0.38 0.48
Reading

IWF returned more: +492.7% to +321.3%. DGRO swung less: 15.3% to 18.8%. DGRO and IWF fell about the same at their worst: −32.1% and −32.5%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs IWF: Differences, Returns & Fees
MeasureDGROIWFEdgeHow it is measured
Return
Total return+321.3%+492.7%IWFPrice change plus distributions, reinvested.
Annualized+12.3%+15.5%IWFTotal return as a yearly rate.
Price return+216.7%+428.0%IWFPrice change alone, distributions left out.
Risk
Volatility15.3%18.8%DGROSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%12.7%DGROLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−32.5%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.75IWF (slight)Return above Treasury bills per unit of volatility.
Sortino1.001.11IWF (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.380.48IWFAnnualized 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

21%

By the books each fund has filed, DGRO and IWF hold 21% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

21% in common

Positions both hold · largest shared weight first DGRO IWF
MICROSOFT 3.14% 5.94%
APPLE 3.11% 8.18%
BROADCOM INC 2.55% 4.79%
ELI LILLY 1.35% 3.08%
VISA CLASS A 1.08% 2.05%
HOME DEPOT 2.03% 0.71%
MASTERCARD CLASS A 0.65% 1.48%
ORACLE 0.62% 0.67%
CATERPILLAR INC 0.58% 0.97%
COSTCO WHOLESALE CORP 0.62% 0.58%
AMGEN INC 1.23% 0.52%
LOCKHEED MARTIN 0.70% 0.38%
Only in one fund ↓
Only in DGRO
EXXONMOBIL HOLDINGS CORP 3.24%
JOHNSON & JOHNSON 2.77%
JPMORGAN CHASE & CO 2.68%
PROCTER & GAMBLE 2.42%
PHILIP MORRIS INTERNATIONAL 2.23%
UNITEDHEALTH GROUP 1.89%
MERCK & CO INC 1.74%
CISCO SYSTEMS INC 1.49%
Only in IWF
NVIDIA 15.30%
ALPHABET CLASS A 5.62%
ALPHABET CLASS C 4.53%
TESLA INC 3.58%
META PLATFORMS CLASS A 3.36%
MICRON TECHNOLOGY 3.15%
ADVANCED MICRO DEVICES 2.74%
PALANTIR TECHNOLOGIES CLASS A 1.33%
Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF IWF iShares Russell 1000 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend Growth Tracks the Russell 1000 growth
Total return, 1 year +18.8% +0.9%
Its benchmark over the same days not measured +1.1% (VONG)
Gap to its benchmark not measured −0.2 pts vs VONG
Expense ratio 0.08% 0.18%
Already in the S&P 500 91.8% 93.5%
Holdings 393 374
Net assets, as of Oct 27, 2026 $44.6bn $124.7bn

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

Client brief · page 1 of 2 Report BR-0EF6A1BE5C

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

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and IWF follows Russell 1000 Growth Index.
  2. Holdings in common. 21% 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 IWF +0.9% with distributions reinvested, a gap of 17.9 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%.

IWF

IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DGRO or IWF?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and IWF +0.9%.
Which is cheaper, DGRO or IWF?
DGRO is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and IWF overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 94% of IWF by weight is stocks the S&P 500 already holds.
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ETFIQ, DGRO against IWF, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-iwf

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