Which returned more over the last year, DGRO or XLB?

In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and XLB +18.5%.

Which is cheaper, DGRO or XLB?

Neither: DGRO and XLB both charge 0.08% a year. Fees come from each fund's prospectus.

How much do DGRO and XLB overlap with the S&P 500?

By their latest filed holdings, 92% of DGRO and 100% of XLB by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DGRO vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DGRO returned +18.8% to XLB's +18.5%; 2% 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 $8.1bn for State Street Materials Select Sector SPDR ETF.

DGRO on its own →XLB on its own →

At a glance

+18.8%

DGRO total return, 1 year

+18.5%

XLB total return, 1 year

0.08%

DGRO expense ratio

0.08%

XLB expense ratio

Pair scorecard

Both cost 0.08% a year; their one-year returns differ by 0.3 points; DGRO is 5.5 times larger.

DGRO vs XLB: Differences, Returns & Fees
Measure	DGRO	XLB
Return
Measure	DGRO	XLB
Total return, 1 year	+18.8%	+18.5%
Benchmark
Measure	DGRO	XLB
What it tracks	Morningstar US Dividend Growth Index	Materials Select Sector Index
Cost and size
Measure	DGRO	XLB
Expense ratio	0.08%	0.08%
Net assets, as of Oct 27, 2026	$44.6bn	$8.1bn
Holdings
Measure	DGRO	XLB
Holdings in common	2%
Top ten holdings, share of the fund	27.2%	58.5%

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

What they share

By the books each fund has filed, DGRO and XLB hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first DGRO XLB

LINDE PLC 0.69% 12.96%

AIR PRODUCTS AND CHEMICALS 0.36% 4.84%

CRH PUBLIC LIMITED PLC 0.21% 4.47%

ECOLAB 0.17% 4.98%

SHERWIN WILLIAMS 0.16% 4.73%

PPG INDUSTRIES 0.15% 3.85%

NUCOR 0.12% 4.89%

AVERY DENNISON CORP 0.07% 2.10%

STEEL DYNAMICS INC 0.06% 4.77%

VULCAN MATERIALS 0.06% 4.89%

MARTIN MARIETTA MATERIALS 0.04% 4.62%

MOSAIC 0.04% 0.91%

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 XLB

NEWMONT CORP 6.56%

FREEPORT MCMORAN INC 5.23%

DOW INC 3.73%

INTL FLAVORS + FRAGRANCES 3.63%

PACKAGING CORP OF AMERICA 3.42%

SMURFIT WESTROCK PLC 3.41%

AMCOR PLC 3.24%

CF INDUSTRIES HOLDINGS INC 2.79%

Check overlap with more funds →

Side by side

DGRO iShares Core Dividend Growth ETF XLB State Street Materials Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of Dividend Growth Tracks an index of Materials

Total return, 1 year +18.8% +18.5%

Expense ratio 0.08% 0.08%

Already in the S&P 500 91.8% 99.8%

Holdings 393 25

Net assets, as of Oct 27, 2026 $44.6bn $8.1bn

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

Alert

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%.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, DGRO or XLB?: In the year to Oct 28, 2026, with distributions reinvested, DGRO returned +18.8% and XLB +18.5%.
Which is cheaper, DGRO or XLB?: Neither: DGRO and XLB both charge 0.08% a year. Fees come from each fund's prospectus.
How much do DGRO and XLB overlap with the S&P 500?: By their latest filed holdings, 92% of DGRO and 100% of XLB by weight is stocks the S&P 500 already holds.

Other comparisons

DGRO vs XHB DGRO vs XLV DGRO vs XLF DGRO vs VPU VTV vs XLB FDVV vs XLB SPHD vs XLB FNDX vs XLB

Where to next

DGRO on its own →XLB on its own →Hold both: look the portfolio through →Rankings →DGRO dividend history →DGRO holdings →XLB dividend history →XLB holdings →Standards and sources →

Sources and dates

DGRO filings on SEC EDGAR ↗

DGRO prospectus with the expense ratio (SEC) ↗

iShares page for DGRO ↗

XLB filings on SEC EDGAR ↗

XLB prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. 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 XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/dgro-vs-xlb

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