What is the expense ratio of DGRO vs IEF?

DGRO has an expense ratio of 0.08%, while IEF has an expense ratio of 0.15%.

DGRO vs IEF

iShares Core Dividend Growth ETF vs iShares 7-10 Year Treasury Bond ETF

Last updated: 2026-04-02

DGRO iShares

iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund issued by iShares that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.08%. The fund offers a moderate dividend yield of 2.10%. Launched in 2014, the fund has a 12-year track record.

AUM: $36.8B ER: 0.08% Yield: 2.10% Since: Jun 10, 2014

IEF iShares

iShares 7-10 Year Treasury Bond ETF (IEF) is an exchange-traded fund issued by iShares that provides exposure to intermediate-term U.S. Treasury bonds. It charges a low expense ratio of 0.15%. The fund offers an attractive dividend yield of 3.84%. Launched in 2002, the fund has a 24-year track record.

AUM: $48.0B ER: 0.15% Yield: 3.84% Since: Jul 22, 2002

Quick Verdict

DGRO has a slightly lower expense ratio (0.08% vs 0.15%), saving about $139 per $10,000 over 10 years. Over the past year, DGRO has significantly outperformed with a 13.9% return vs -0.4%. Income investors may prefer IEF for its higher yield (3.8% vs 2.1%).

Key Metrics

Metric	DGRO	IEF
Expense Ratio	0.08%	0.15%
Dividend Yield	2.1%	3.8%
Fund Family	iShares	iShares
Category	US Dividend	US Intermediate Treasury

Performance Chart

Indexed to 100 at start (5-year comparison)

DGRO +42.9%

IEF -15.9%

Performance Comparison

Period	DGRO	IEF	Difference
1 Month	-4.90%	-2.14%	-2.76%
3 Months	+0.57%	-1.08%	+1.65%
6 Months	+2.36%	-1.41%	+3.77%
YTD	+0.57%	-1.08%	+1.65%
1 Year	+13.94%	-0.38%	+14.32%
3 Years	+39.53%	-4.38%	+43.91%
5 Years	+42.86%	-15.92%	+58.78%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	DGRO Fees	IEF Fees	You Save
$10.000	10 years	$159	$298	$139
$10.000	20 years	$686	$1.278	$592
$10.000	30 years	$2.212	$4.109	$1.897
$50.000	10 years	$797	$1.490	$693
$50.000	30 years	$11.061	$20.547	$9.486
$100.000	30 years	$22.123	$41.094	$18.971

Risk Metrics

Based on 5 years of daily returns

Metric	DGRO	IEF
Annualized Volatility	13.9%	7.7%
Max Drawdown	-20.7%	-24.7%
Sharpe Ratio	0.26	-1.00

Dividend Comparison

Metric	DGRO	IEF
Annual Dividend (per share)	$1.47	$3.65
Dividend Yield	2.10%	3.84%
Distribution Frequency	Quarterly	Monthly

Top Holdings

DGRO Top Holdings

Name	Weight
Exxon Mobil CorporationXOM	3.43%
Johnson & JohnsonJNJ	2.94%
JPMorgan Chase & Co.JPM	2.93%
Apple Inc.AAPL	2.87%
Microsoft CorporationMSFT	2.71%
AbbVie Inc.ABBV	2.67%
Broadcom Inc.AVGO	2.49%
The Procter & Gamble CompanyPG	2.14%
Philip Morris International Inc.PM	2.05%
Merck & Co., Inc.MRK	2.05%

Which One Should You Choose?

Choose DGRO if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose DGRO if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose IEF if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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