Data as of Oct 28, 2026.

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DGRO vs SGOV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to SGOV's +3.7%; 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 $117.0bn for iShares 0-3 Month Treasury Bond ETF.

At a glance
+18.8%
DGRO total return, 1 year
+3.7%
SGOV total return, 1 year
0.08%
DGRO expense ratio
0.09%
SGOV expense ratio

Pair scorecard

DGRO costs 0.01 points a year less; their one-year returns differ by 15.1 points; SGOV is 2.6 times larger.

DGRO vs SGOV: Differences, Returns & Fees
MeasureDGROSGOV
Return
Total return, 1 year+18.8%+3.7%
Benchmark
What it tracksMorningstar US Dividend Growth IndexICE 0-3 Month US Treasury Securities Index
Cost and size
Expense ratio0.08%0.09%
Net assets, as of Oct 27, 2026$44.6bn$117.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight92%
Top ten holdings, share of the fund27.2%

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

Risk and return

Jun 5, 2020 to Oct 23, 2026 · 333 weekly returns
DGRO SGOV
Return
Total return edge DGRO +130.0% +20.8%
Annualized edge DGRO +13.9% +3.0%
Price return edge DGRO +98.1% +0.6%
Risk
Volatility edge SGOV 13.8% 0.3%
Max drawdown edge SGOV −18.7% 0.0%
Risk-adjusted
Sharpe edge DGRO 0.79 −0.46
Sortino edge DGRO 1.17 −0.57
Calmar 0.74 Not measured
Reading

DGRO returned more: +130.0% to +20.8%. SGOV swung less: 0.3% to 13.8%. SGOV fell less at its worst: 0.0% to −18.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs SGOV: Differences, Returns & Fees
MeasureDGROSGOVEdgeHow it is measured
Return
Total return+130.0%+20.8%DGROPrice change plus distributions, reinvested.
Annualized+13.9%+3.0%DGROTotal return as a yearly rate.
Price return+98.1%+0.6%DGROPrice change alone, distributions left out.
Risk
Volatility13.8%0.3%SGOVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation9.3%0.2%SGOVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−18.7%0.0%SGOVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.79−0.46DGROReturn above Treasury bills per unit of volatility.
Sortino1.17−0.57DGROReturn above Treasury bills per unit of downside deviation.
Calmar0.74Not measuredAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 333 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, DGRO and SGOV 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 SGOV
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 SGOV
TREASURY BILL 8.53%
TREASURY BILL 8.19%
TREASURY BILL 7.63%
TREASURY BILL 6.87%
TREASURY BILL 6.80%
TREASURY BILL 6.00%
TREASURY BILL 5.22%
TREASURY BILL 5.22%
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Side by side

DGRO iShares Core Dividend Growth ETF SGOV iShares 0-3 Month Treasury Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks an index of Dividend Growth Tracks an index of 0-3 month T-bills
Total return, 1 year +18.8% +3.7%
Expense ratio 0.08% 0.09%
Holdings 393 22
Net assets, as of Oct 27, 2026 $44.6bn $117.0bn

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

Client brief · page 1 of 2 Report BR-71FA28CA90

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

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and SGOV follows ICE 0-3 Month US Treasury Securities Index.
  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 SGOV +3.7% with distributions reinvested, a gap of 15.1 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%.

SGOV

SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.

Questions people ask

Which returned more over the last year, DGRO or SGOV?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and SGOV +3.7%.
Which is cheaper, DGRO or SGOV?
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.
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ETFIQ, DGRO against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-sgov

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.