DGRO vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricDGROVYMWinner
Expense Ratio0.08%0.04%
AUM$42.8B$79.0B
Dividend Yield1.95%2.86%
Holdings397568
YTD Return+12.78%+13.24%
1Y Return+23.23%+23.76%
3Y Return (annualized)+16.31%+16.97%
5Y Return (annualized)+11.12%+12.26%
Volatility (annualized)13.7%14.6%
Max Drawdown-35.1%-58.8%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 10, 2014Nov 10, 2006

DGRO vs VYM Performance

iShares Core Dividend Growth ETF (DGRO) is a ETF from iShares by BlackRock (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DGRO returned +23.23% while VYM returned +23.76%. Year to date, DGRO is up 12.78% versus a gain of 13.24% for VYM.

Over three years, DGRO compounded at +16.31% per year against +16.97% for VYM; over five years the annualized figures are +11.12% and +12.26% respectively. Across the full 12-year window we track, DGRO has the edge at +11.08% annualized vs +6.96%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.7% for DGRO. 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 -58.8% for VYM. 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 0.98. 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 VYM charges 0.04%. On a $10,000 position that is $8 vs $4 annually, a gap of $4 per year that compounds over a long holding period. On income, DGRO currently yields 1.95% against 2.86% for VYM.

Holdings Overlap

60.4%overlap

DGRO and VYM share 210 holdings out of 728 unique holdings combined, representing a 60.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in DGROWeight in VYMDifference
AVGO2.48%6.47%3.99%
JPM3.07%3.36%0.29%
JNJ3.13%2.62%0.51%
XOMProProPro
ABBVProProPro
PGProProPro
HDProProPro
PMProProPro
WMTProProPro
KOProProPro
See all 10 holdings DGRO shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, DGRO or VYM?

DGRO has an expense ratio of 0.08% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, DGRO or VYM?

Over the past year DGRO returned +23.23% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (12 years), DGRO annualized +11.08% vs +6.96% for VYM. Past performance does not guarantee future results.

Which is riskier, DGRO or VYM?

VYM has been the more volatile fund at 14.6% annualized versus 13.7% for DGRO. Worst drawdown: DGRO -35.1% vs VYM -58.8%.

Should I hold both DGRO and VYM?

DGRO and VYM have a monthly-return correlation of 0.98, 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 VYM?

DGRO and VYM share 210 common holdings with a 60.4% weight overlap. Combined, they hold 728 unique securities.

Which pays a higher dividend, DGRO or VYM?

DGRO yields 1.95% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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