DGRO vs HDV
DGRO vs HDV
iShares Core Dividend Growth ETF vs iShares Core High Dividend ETF
Quick Verdict
HDV delivered stronger 1-year returns. DGRO offers more diversification with 380 holdings.
Side-by-Side Comparison
| Metric | DGRO | HDV | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.08% | |
| AUM | $42.8B | $14.7B | |
| Dividend Yield | 1.95% | 2.90% | |
| Holdings | 397 | 81 | |
| YTD Return | +13.17% | +19.01% | |
| 1Y Return | +23.29% | +24.42% | |
| 3Y Return (annualized) | +17.11% | +15.81% | |
| 5Y Return (annualized) | +10.98% | +11.85% | |
| Volatility (annualized) | 13.7% | 13.1% | |
| Max Drawdown | -35.1% | -37.0% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2014 | Mar 29, 2011 |
DGRO vs HDV Performance
iShares Core Dividend Growth ETF (DGRO) is a ETF from iShares by BlackRock (US) and iShares Core High Dividend ETF (HDV) is a ETF from iShares by BlackRock (US). Over the past year DGRO returned +23.29% while HDV returned +24.42%. Year to date, DGRO is up 13.17% versus a gain of 19.01% for HDV.
Over three years, DGRO compounded at +17.11% per year against +15.81% for HDV; over five years the annualized figures are +10.98% and +11.85% respectively. Across the full 12-year window we track, DGRO has the edge at +11.11% annualized vs +8.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DGRO has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.1% for HDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.1% for DGRO and -37.0% for HDV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DGRO charges 0.08% per year while HDV charges 0.08%. On a $10,000 position that is $8 vs $8 annually. On income, DGRO currently yields 1.95% against 2.90% for HDV.
Holdings Overlap
DGRO and HDV share 47 holdings out of 409 unique holdings combined, representing a 30.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DGRO | Weight in HDV | Difference |
|---|---|---|---|
| XOM | 2.55% | 7.17% | 4.62% |
| ABBV | 3.03% | 6.49% | 3.46% |
| HD | 2.28% | 4.88% | 2.60% |
| PG | Pro | Pro | Pro |
| PM | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| MCD | Pro | Pro | Pro |
See all 10 holdings DGRO shares with HDV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DGRO or HDV?
DGRO has an expense ratio of 0.08% while HDV charges 0.08%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, DGRO or HDV?
Over the past year DGRO returned +23.29% vs +24.42% for HDV, so HDV leads on 1-year performance. Over the longest common window we track (12 years), DGRO annualized +11.11% vs +8.38% for HDV. Past performance does not guarantee future results.
Which is riskier, DGRO or HDV?
DGRO has been the more volatile fund at 13.7% annualized versus 13.1% for HDV. Worst drawdown: DGRO -35.1% vs HDV -37.0%.
Should I hold both DGRO and HDV?
DGRO and HDV have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DGRO and HDV?
DGRO and HDV share 47 common holdings with a 30.6% weight overlap. Combined, they hold 409 unique securities.
Which pays a higher dividend, DGRO or HDV?
DGRO yields 1.95% while HDV yields 2.90%, so HDV currently pays the higher dividend yield.
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