ETF Versus

DGRO vs IWD

iShares Core Dividend Growth ETF vs iShares Russell 1000 Value 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
IWD iShares

iShares Russell 1000 Value ETF (IWD) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a moderate expense ratio of 0.18%. The fund offers a moderate dividend yield of 1.67%. Launched in 2000, the fund has a 26-year track record.

AUM: $68.2B ER: 0.18% Yield: 1.67% Since: May 22, 2000

Quick Verdict

DGRO is significantly cheaper at 0.08% vs 0.18% expense ratio, saving you approximately $198 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (13.9% vs 14.4%), tracking closely.

Key Metrics

Metric DGRO IWD
Expense Ratio 0.08% 0.18%
Dividend Yield 2.1% 1.7%
Fund Family iShares iShares
Category US Dividend US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 99 113 127 141 155 2021-04 2022-06 2023-09 2024-12 2026-04
DGRO +42.9%
IWD +39.4%

Performance Comparison

Period DGRO IWD Difference
1 Month -4.90% -4.53% -0.37%
3 Months +0.57% +1.29% -0.72%
6 Months +2.36% +4.87% -2.51%
YTD +0.57% +1.29% -0.72%
1 Year +13.94% +14.39% -0.45%
3 Years +39.53% +40.40% -0.87%
5 Years +42.86% +39.38% +3.48%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period DGRO Fees IWD Fees You Save
$10.000 10 years $159 $357 $198
$10.000 20 years $686 $1.529 $844
$10.000 30 years $2.212 $4.912 $2.699
$50.000 10 years $797 $1.786 $989
$50.000 30 years $11.061 $24.558 $13.497
$100.000 30 years $22.123 $49.116 $26.993

Risk Metrics

Based on 5 years of daily returns

Metric DGRO IWD
Annualized Volatility 13.9% 14.9%
Max Drawdown -20.7% -20.3%
Sharpe Ratio 0.26 0.22

Dividend Comparison

Metric DGRO IWD
Annual Dividend (per share) $1.47 $3.58
Dividend Yield 2.10% 1.67%
Distribution Frequency Quarterly Quarterly

Top Holdings

3 of top 9 holdings overlap (33% overlap in top holdings)

DGRO Top Holdings

NameWeight
Exxon Mobil CorporationXOM3.43%
Johnson & JohnsonJNJ2.94%
JPMorgan Chase & Co.JPM2.93%
Apple Inc.AAPL2.87%
Microsoft CorporationMSFT2.71%
AbbVie Inc.ABBV2.67%
Broadcom Inc.AVGO2.49%
The Procter & Gamble CompanyPG2.14%
Philip Morris International Inc.PM2.05%
Merck & Co., Inc.MRK2.05%

IWD Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B2.89%
JPMorgan Chase & Co.JPM2.57%
Exxon Mobil CorporationXOM2.42%
Johnson & JohnsonJNJ1.94%
Amazon.com, Inc.AMZN1.76%
Walmart Inc.WMT1.61%
Alphabet Inc.GOOG1.54%
Micron Technology, Inc.MU1.34%
Chevron CorporationCVX1.32%

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...

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

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