A
vs
B
Share
Compare their flowsAsk IQ about these two funds

DGRO vs SPLV: Differences, Returns & Fees

DGRO and SPLV hold 25% of their weight in the same names, and DGRO returned +15.8% over the year. Net assets on Oct 9, 2026: $43.1bn for iShares Core Dividend Growth ETF and $7.0bn for Invesco S&P 500 Low Volatility ETF.

DGRO costs 0.17 points a year less; their one-year returns differ by 13.8 points; DGRO is 6.1 times larger.

DGRO vs SPLV: Differences, Returns & Fees
DGROSPLV
Expense ratio0.08%0.25%
Net assets$43.1bn$7.0bn
Total return, 1 year+15.8%+2.0%
What it tracksMorningstar US Dividend Growth IndexS&P 500 Low Volatility Index
Holdings in common25%
Holdings datedOct 9, 2026Oct 10, 2026
Top ten holdings, share of the fund27.4%12.7%
Below its high7.1%, high on Jul 28, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+15.8%
DGRO total return, 1 year
+2.0%
SPLV total return, 1 year
0.08%
DGRO expense ratio
0.25%
SPLV expense ratio

What they hold in common

By the books each fund has filed, DGRO and SPLV hold 25% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

half

25% in common

Positions both hold, largest shared weight first
Holding DGRO SPLV
JOHNSON & JOHNSON 2.79% 1.14%
COCA-COLA 1.88% 1.14%
PROCTER & GAMBLE 2.38% 1.14%
VISA CLASS A 1.07% 1.03%
MCDONALDS CORP 1.10% 0.99%
PEPSICO 1.68% 0.89%
NEXTERA ENERGY 1.09% 0.87%
JPMORGAN CHASE & CO 2.75% 0.86%
BANK OF AMERICA 1.43% 0.81%
MEDTRONIC PLC 0.79% 0.88%
SOUTHERN 0.78% 1.15%
DUKE ENERGY CORP 0.74% 1.27%
Only in DGRO
MICROSOFT 3.27%
EXXONMOBIL HOLDINGS CORP 3.15%
APPLE 3.11%
ABBVIE 2.99%
BROADCOM INC 2.79%
PHILIP MORRIS INTERNATIONAL 2.29%
HOME DEPOT 1.91%
MERCK & CO INC 1.85%
Only in SPLV
Berkshire Hathaway Inc 1.44%
FirstEnergy Corp 1.27%
Regency Centers Corp 1.25%
Pinnacle West Capital Corp 1.23%
Loews Corp 1.21%
PPL Corp 1.16%
Federal Realty Investment Trust 1.11%
Realty Income Corp 1.11%

Check overlap with more funds →

On the same fields

DGRO
iShares Core Dividend Growth ETF
SPLV
Invesco S&P 500 Low Volatility ETF
Where it sits Stock ETF Stock ETF
Issuer iShares Invesco
What it is Tracks an index of Dividend Growth Tracks an index
Total return, 1 year +15.8% +2.0%
Expense ratio 0.08% 0.25%
Already in the S&P 500 91.8% 98.7%
Holdings 393 108
Net assets $43.1bn $7.0bn

DGRO and SPLV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About DGRO

DGRO tracks an index of Dividend Growth. Over the year to Oct 9, 2026 it returned +15.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 9, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 393 positions, with the top ten at 27.4%.

About SPLV

SPLV tracks an index. Over the year to Oct 9, 2026 it returned +2.0% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 108 positions, with the top ten at 12.7%. It sat 7.1% below its high of Jul 28, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DGRO or SPLV?
In the year to Oct 9, 2026, with distributions reinvested, DGRO returned +15.8% and SPLV +2.0%.
Which is cheaper, DGRO or SPLV?
DGRO is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and SPLV overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 99% of SPLV by weight is stocks the S&P 500 already holds.
Other comparisons
DFLV vs DGRODGRO vs VOOVDGRO vs SPHDDGRO vs SCHVDUSA vs SPLVLGLV vs SPLVSPLV vs TVALOAKM vs SPLV
DGRO on its own →SPLV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →
Where these figures came from
DGRO filings on SEC EDGAR ↗DGRO prospectus with the expense ratio (SEC) ↗iShares page for DGRO ↗SPLV filings on SEC EDGAR ↗SPLV prospectus with the expense ratio (SEC) ↗Invesco page for SPLV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DGRO against SPLV, data as of Oct 9, 2026. https://etfiq.com/compare/any/dgro-vs-splv

Open data

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