Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
DGRO vs MTUM: how they differ
DGRO and MTUM hold 25% of their weight in the same names, and MTUM returned more over the year.
iShares Core Dividend Growth ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, DGRO and MTUM hold 25% of their money in the same securities at the same weight.
| Holding | DGRO | MTUM |
|---|---|---|
| JOHNSON & JOHNSON | 3.20% | 3.38% |
| EXXONMOBIL HOLDINGS CORP | 3.07% | 2.69% |
| COCA-COLA | 1.98% | 1.89% |
| MERCK & CO INC | 2.14% | 1.83% |
| UNITEDHEALTH GROUP INC | 1.66% | 2.08% |
| CISCO SYSTEMS INC | 1.24% | 3.48% |
| GOLDMAN SACHS GROUP | 1.12% | 1.10% |
| MORGAN STANLEY | 1.04% | 1.08% |
| CITIGROUP | 0.92% | 0.95% |
| UNION PACIFIC | 0.75% | 0.97% |
| CONOCOPHILLIPS | 1.02% | 0.65% |
| PHILLIPS 66 | 0.62% | 0.73% |
| Only in DGRO | Only in MTUM |
|---|---|
| MICROSOFT 3.45% | ADVANCED MICRO DEVICES 5.39% |
| JPMORGAN CHASE & CO 3.20% | MICRON TECHNOLOGY 5.20% |
| APPLE 3.04% | INTEL CORPORATION 4.14% |
| ABBVIE 3.02% | SANDISK 3.10% |
| BROADCOM INC 2.38% | ALPHABET CLASS A 2.69% |
| PROCTER & GAMBLE 2.16% | PALO ALTO NETWORKS 2.40% |
| PHILIP MORRIS INTERNATIONAL INC 2.13% | SEAGATE TECHNOLOGY HOLDINGS PLC 2.35% |
| HOME DEPOT 1.98% | ALPHABET CLASS C 2.13% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| DGRO iShares Core Dividend Growth ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core Dividend Growth | MSCI USA Momentum Factor |
| Total return, 1 year | +17.4% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.1 pts | +4.3 pts |
| Expense ratio | 0.08% | 0.15% |
| Already in the S&P 500 | 94.7% | 98.2% |
| Holdings | 387 | 128 |
DGRO in plain words
DGRO is an index equity fund tracking the Core Dividend Growth. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 387 positions, with the top ten at 27.8%.
MTUM in plain words
MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 128 positions, with the top ten at 35.3%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DGRO or MTUM?
- In the year to Sep 13, 2026, with distributions reinvested, DGRO returned +17.4% and MTUM returned +21.8%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DGRO or MTUM?
- DGRO charges 0.08% a year and MTUM charges 0.15%, so DGRO is cheaper. Fees come from each fund's prospectus.
- How much do DGRO and MTUM overlap with the S&P 500?
- By their latest filed holdings, 95% of DGRO and 98% of MTUM by weight is stocks the S&P 500 already holds. Between the two funds, 25% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DGRO against MTUM, data as of Sep 13, 2026. https://etfiq.com/compare/any/dgro-vs-mtum Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources