Data as of Oct 28, 2026.

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DGRO vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to VTWO's +14.3%; 1% 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 $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

At a glance
+18.8%
DGRO total return, 1 year
+14.3%
VTWO total return, 1 year
0.08%
DGRO expense ratio
0.06%
VTWO expense ratio

Pair scorecard

VTWO costs 0.02 points a year less; their one-year returns differ by 4.5 points; DGRO is 2.5 times larger.

DGRO vs VTWO: Differences, Returns & Fees
MeasureDGROVTWO
Return
Total return, 1 year+18.8%+14.3%
Drawdown
Below its high7.5%, high on Aug 14, 2026
Benchmark
What it tracksMorningstar US Dividend Growth IndexRussell 2000 Index
Cost and size
Expense ratio0.08%0.06%
Net assets, as of Sep 30, 2026$41.9bn$16.6bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund27.2%5.4%

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 VTWO
Return
Total return edge DGRO +321.3% +177.3%
Annualized edge DGRO +12.3% +8.6%
Price return edge DGRO +216.7% +135.5%
Risk
Volatility edge DGRO 15.3% 21.7%
Max drawdown edge DGRO −32.1% −40.2%
Risk-adjusted
Sharpe edge DGRO 0.70 0.39
Sortino edge DGRO 1.00 0.57
Calmar edge DGRO 0.38 0.21
Reading

DGRO returned more: +321.3% to +177.3%. DGRO swung less: 15.3% to 21.7%. DGRO fell less at its worst: −32.1% to −40.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DGRO vs VTWO: Differences, Returns & Fees
MeasureDGROVTWOEdgeHow it is measured
Return
Total return+321.3%+177.3%DGROPrice change plus distributions, reinvested.
Annualized+12.3%+8.6%DGROTotal return as a yearly rate.
Price return+216.7%+135.5%DGROPrice change alone, distributions left out.
Risk
Volatility15.3%21.7%DGROSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.7%15.0%DGROLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.1%−40.2%DGRODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.39DGROReturn above Treasury bills per unit of volatility.
Sortino1.000.57DGROReturn above Treasury bills per unit of downside deviation.
Calmar0.380.21DGROAnnualized 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

1%

By the books each fund has filed, DGRO and VTWO hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first DGRO VTWO
BLACK HILLS CORP 0.05% 0.18%
HOME BANCSHARES INC 0.04% 0.18%
MAGNOLIA OIL GAS CORP CLASS A 0.04% 0.18%
NEW JERSEY RESOURCES CORP 0.04% 0.17%
NORTHWESTERN ENERGY GROUP 0.04% 0.14%
ONE GAS 0.04% 0.15%
SPIRE INC 0.04% 0.15%
TXNM ENERGY INC 0.04% 0.21%
CALIFORNIA RESOURCES 0.03% 0.13%
ESSENT GROUP 0.03% 0.17%
JACKSON FINANCIAL CLASS A 0.03% 0.28%
KONTOOR BRANDS 0.03% 0.12%
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 VTWO
SLBBH1142 2.36%
Twist Bioscience Corp 0.42%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
BrightSpring Health Services Inc 0.31%
Glaukos Corp 0.31%
Viasat Inc 0.30%
Cytokinetics Inc 0.29%
Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF VTWO Vanguard Russell 2000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Dividend Growth Tracks the Russell 2000
Total return, 1 year +18.8% +14.3%
Its benchmark over the same days not measured +14.1% (IWM)
Gap to its benchmark not measured +0.2 pts vs IWM
Expense ratio 0.08% 0.06%
Already in the S&P 500 91.8% 0.5%
Holdings 393 2002
Net assets, DGRO as of Oct 27, 2026 and VTWO as of Sep 30, 2026 $44.6bn $16.6bn

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

Client brief · page 1 of 2 Report BR-09ADBC4F06

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

  1. What each follows. DGRO follows Morningstar US Dividend Growth Index and VTWO follows Russell 2000 Index.
  2. Holdings in common. 1% 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 VTWO +14.3% with distributions reinvested, a gap of 4.5 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%.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DGRO or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and VTWO +14.3%.
Which is cheaper, DGRO or VTWO?
VTWO is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DGRO and VTWO overlap with the S&P 500?
By their latest filed holdings, 92% of DGRO and 0% of VTWO by weight is stocks the S&P 500 already holds.
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ETFIQ, DGRO against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-vtwo

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