DGRO vs SCHD
DGRO vs SCHD
iShares Core Dividend Growth ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. DGRO offers more diversification with 380 holdings.
Side-by-Side Comparison
| Metric | DGRO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.06% | |
| AUM | $42.8B | $103.7B | |
| Dividend Yield | 1.95% | 3.31% | |
| Holdings | 397 | 104 | |
| YTD Return | +14.55% | +23.31% | |
| 1Y Return | +25.02% | +30.42% | |
| 3Y Return (annualized) | +17.27% | +14.66% | |
| 5Y Return (annualized) | +11.32% | +9.59% | |
| Volatility (annualized) | 13.7% | 13.6% | |
| Max Drawdown | -35.1% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2014 | Oct 20, 2011 |
DGRO vs SCHD Performance
iShares Core Dividend Growth ETF (DGRO) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DGRO returned +25.02% while SCHD returned +30.42%. Year to date, DGRO is up 14.55% versus a gain of 23.31% for SCHD.
Over three years, DGRO compounded at +17.27% per year against +14.66% for SCHD; over five years the annualized figures are +11.32% and +9.59% respectively. Across the full 12-year window we track, SCHD has the edge at +11.34% annualized vs +11.21%. 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 13.6% for SCHD. 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 -33.4% for SCHD. 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 0.95. 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 SCHD charges 0.06%. On a $10,000 position that is $8 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, DGRO currently yields 1.95% against 3.31% for SCHD.
Holdings Overlap
DGRO and SCHD share 30 holdings out of 450 unique holdings combined, representing a 19.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DGRO | Weight in SCHD | Difference |
|---|---|---|---|
| HD | 2.28% | 4.16% | 1.88% |
| PG | 2.26% | 4.15% | 1.89% |
| UNH | 1.79% | 4.54% | 2.75% |
| MRK | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
See all 10 holdings DGRO shares with SCHD 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 SCHD?
DGRO has an expense ratio of 0.08% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, DGRO or SCHD?
Over the past year DGRO returned +25.02% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), DGRO annualized +11.21% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, DGRO or SCHD?
DGRO has been the more volatile fund at 13.7% annualized versus 13.6% for SCHD. Worst drawdown: DGRO -35.1% vs SCHD -33.4%.
Should I hold both DGRO and SCHD?
DGRO and SCHD have a monthly-return correlation of 0.95, 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 SCHD?
DGRO and SCHD share 30 common holdings with a 19.4% weight overlap. Combined, they hold 450 unique securities.
Which pays a higher dividend, DGRO or SCHD?
DGRO yields 1.95% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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