Data as of Oct 28, 2026.

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DGRO vs VOOG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to VOOG's +12.1%; 24% 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 $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF.

At a glance
+18.8%
DGRO total return, 1 year
+12.1%
VOOG total return, 1 year
0.08%
DGRO expense ratio
0.05%
VOOG expense ratio

Pair scorecard

VOOG costs 0.03 points a year less; their one-year returns differ by 6.7 points; DGRO is 1.5 times larger.

DGRO vs VOOG: Differences, Returns & Fees
MeasureDGROVOOG
Return
Total return, 1 year+18.8%+12.1%
Drawdown
Below its high4.1%, high on Oct 6, 2026
Benchmark
What it tracksMorningstar US Dividend Growth IndexS&P 500 Growth Index
Cost and size
Expense ratio0.08%0.05%
Net assets, as of Sep 30, 2026$41.9bn$27.8bn
Holdings
Holdings in common24%
Top ten holdings, share of the fund27.2%60.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns
DGRO VOOG
Return
Total return edge VOOG +321.3% +496.7%
Annualized edge VOOG +12.3% +15.5%
Price return edge VOOG +216.7% +422.4%
Risk
Volatility edge DGRO 15.3% 18.4%
Max drawdown edge Tie −32.1% −32.0%
Risk-adjusted
Sharpe edge VOOG (slight) 0.70 0.76
Sortino edge VOOG 1.00 1.13
Calmar edge VOOG 0.38 0.49
Reading

VOOG returned more: +496.7% to +321.3%. DGRO swung less: 15.3% to 18.4%. DGRO and VOOG fell about the same at their worst: −32.1% and −32.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs VOOG: Differences, Returns & Fees
MeasureDGROVOOGEdgeHow it is measured
Return
Total return+321.3%+496.7%VOOGPrice change plus distributions, reinvested.
Annualized+12.3%+15.5%VOOGTotal return as a yearly rate.
Price return+216.7%+422.4%VOOGPrice change alone, distributions left out.
Risk
Volatility15.3%18.4%DGROSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%12.5%DGROLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−32.0%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.76VOOG (slight)Return above Treasury bills per unit of volatility.
Sortino1.001.13VOOGReturn above Treasury bills per unit of downside deviation.
Calmar0.380.49VOOGAnnualized 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

24%

By the books each fund has filed, DGRO and VOOG hold 24% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

24% in common

Positions both hold · largest shared weight first DGRO VOOG
MICROSOFT 3.14% 10.34%
APPLE 3.11% 6.60%
BROADCOM INC 2.55% 4.54%
JPMORGAN CHASE & CO 2.68% 1.62%
ELI LILLY 1.35% 2.51%
JOHNSON & JOHNSON 2.77% 1.02%
VISA CLASS A 1.08% 0.91%
RTX 0.84% 0.68%
MASTERCARD CLASS A 0.65% 0.81%
CISCO SYSTEMS INC 1.49% 0.61%
CATERPILLAR INC 0.58% 1.01%
ABBVIE 3.00% 0.58%
Only in one fund ↓
Only in DGRO
EXXONMOBIL HOLDINGS CORP 3.24%
PROCTER & GAMBLE 2.42%
HOME DEPOT 2.03%
UNITEDHEALTH GROUP 1.89%
MERCK & CO INC 1.74%
PEPSICO 1.72%
BANK OF AMERICA 1.29%
WELLS FARGO 1.22%
Only in VOOG
NVIDIA Corp 15.01%
Alphabet Inc 5.48%
Alphabet Inc 4.39%
Meta Platforms Inc 4.34%
Amazon.com Inc 3.52%
Micron Technology Inc 3.27%
Advanced Micro Devices Inc 2.71%
Berkshire Hathaway Inc 2.52%
Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF VOOG Vanguard S&P 500 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend Growth Tracks the S&P 500 Growth
Total return, 1 year +18.8% +12.1%
Its benchmark over the same days not measured +12.1% (IVW)
Gap to its benchmark not measured 0.0 pts vs IVW
Expense ratio 0.08% 0.05%
Already in the S&P 500 91.8% 99.8%
Holdings 393 154
Net assets, DGRO as of Oct 27, 2026 and VOOG as of Sep 30, 2026 $44.6bn $27.8bn

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

Client brief · page 1 of 2 Report BR-2DE9FCA96B

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

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and VOOG follows S&P 500 Growth Index.
  2. Holdings in common. 24% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DGRO returned +18.8% and VOOG +12.1% with distributions reinvested, a gap of 6.7 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%.

VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DGRO or VOOG?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and VOOG +12.1%.
Which is cheaper, DGRO or VOOG?
VOOG is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and VOOG overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, DGRO against VOOG, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-voog

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