What are the main differences in expense ratios between iShares Core Dividend Growth ETF (DGRO) and iShares Select Dividend ETF (DVY)?

iShares Core Dividend Growth ETF (DGRO) has a much lower expense ratio of 0.08% compared to iShares Select Dividend ETF (DVY)'s 0.38%. The 0.30 percentage point difference means DVY costs more each year to hold, which can affect long-term returns.

How do DGRO and DVY differ in terms of dividend yield?

DGRO offers a dividend yield of 1.94%, which is lower than DVY's 3.40% yield. Investors seeking higher current income may find DVY more appealing, while DGRO may attract those focused on growth alongside moderate income.

Which fund has a longer track record, DGRO or DVY?

iShares Select Dividend ETF (DVY) was launched on Nov 3, 2003, giving it a longer track record than iShares Core Dividend Growth ETF (DGRO), which was launched on Jun 10, 2014. A longer history can provide more data for performance analysis.

How do DGRO and DVY differ in terms of fund size and net assets?

iShares Core Dividend Growth ETF (DGRO) has net assets of $42.9 billion, making it larger in scale than iShares Select Dividend ETF (DVY), which has $23.1 billion in net assets. Larger funds often benefit from economies of scale and higher liquidity.

What types of stocks are typically included in DGRO's top holdings?

The top holdings in iShares Core Dividend Growth ETF (DGRO) include large growth stocks such as Apple (AAPL) and Microsoft (MSFT). This provides broad exposure to large-cap companies with a focus on growth potential.

What types of stocks are typically included in DVY's top holdings?

iShares Select Dividend ETF (DVY) includes more mid-cap value stocks, such as HPQ and PFE. This offers a different profile from DGRO, potentially diversifying portfolios away from large-cap growth names.

How does the overlap of top holdings between DGRO and DVY compare?

There is no overlap between the top 10 holdings of DGRO and DVY, as they focus on different types of companies. This lack of shared holdings may reduce direct comparability between the two funds.

What should investors consider when evaluating the dividend yields of DGRO and DVY?

Investors should consider that DVY offers a higher dividend yield (3.40%) compared to DGRO's 1.94%. However, higher yields may come with trade-offs in growth and fund costs.

What is the best approach for beginners comparing DGRO and DVY?

Beginners should compare fees, dividend yields, track records, and fund sizes between DGRO and DVY to understand their differences before making decisions. This educational content is not financial advice.

DGRO vs DVY

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

This page compares the iShares Core Dividend Growth ETF (DGRO) and the iShares Select Dividend ETF (DVY). Explore differences in fees, holdings and dividends, alongside how each fund tracks its market. DGRO has a 0.08% expense ratio with $42.9 billion net assets and a 1.94% yield, while DVY has a 0.38% expense ratio, $23.1 billion net assets and a 3.40% yield. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

DGRO

Metric

DVY

0.08%

Expense Ratio

0.38%

1.94%

Dividend Yield

3.40%

$42.93B

Net Assets

$23.05B

396

Holdings

104

Jun 10, 2014

Inception Date

Nov 3, 2003

–

Index Tracked

–

Large Value

Fund Category

Mid-Cap Value

DGRO costs about $30.00 less per year for every $10,000 invested.

Shared Top Holdings

These funds do not share any of their top holdings.

Discover More Comparisons

DGRO vs VIG

Compare DGRO and VIG to review fees, holdings, and dividends. See how iShares Core Dividend Growth and Vanguard Dividend Appreciation funds differ.

DGRO vs MGV

Compare DGRO and MGV. Analyse fees, yields and holdings. DGRO has 0.08% expense ratio, 1.94% yield. MGV has 0.05% expense ratio, 1.85% yield for research.

DGRO vs HDV

Compare DGRO and HDV on fees, holdings and dividends. Review expense ratios, net assets and top companies to understand fund construction and tracking.

Investment Analysis

DGRO

Pros

DGRO has a lower expense ratio of 0.08% compared to DVY's 0.38%.
Net assets for DGRO are $42.9 billion, indicating larger scale than DVY's $23.1 billion.
DGRO's top holdings include large growth stocks like Apple and Microsoft, offering broad market exposure.

Considerations

The dividend yield of DGRO is 1.94%, which is lower than DVY's 3.40%.
DGRO's inception date of Jun 10, 2014, makes it relatively newer compared to DVY's Nov 3, 2003.
Sector weights for DGRO are not available, limiting transparency on its asset allocation.

DVY

Pros

The dividend yield for DVY is 3.40%, providing higher income potential compared to DGRO's 1.94%.
DVY has been in existence since Nov 3, 2003, offering a longer track record than DGRO.
Its holdings include more mid-cap value stocks, potentially diversifying portfolios away from large-cap growth.

Considerations

The expense ratio for DVY is 0.38%, higher than DGRO's 0.08%.
Net assets of $23.1 billion for DVY are less than DGRO's $42.9 billion.
Sector weights for DVY are not available, reducing insight into its sector distribution.

About DGRO and DVY

DGRO (DGRO)

The iShares Core Dividend Growth ETF (DGRO) is designed to provide investors with exposure to US companies that have a history of increasing their dividend payouts. This fund targets large-cap equities with sustainable dividend growth strategies rather than just high current yields. With an attractive low expense ratio of 0.08% and substantial net assets of USD 42.93 billion, it offers broad diversification across 396 holdings. The fund’s focus on large value stocks aims to balance income potential with capital appreciation opportunities. Investors should note that while the current dividend yield is approximately 1.94%, payouts are not guaranteed and can fluctuate based on company performance and market conditions. As with any equity investment, the value of shares can rise and fall, meaning returns are not assured. It serves as a general educational example for those interested in dividend-growth strategies within the broader market.

DVY (DVY)

The iShares Select Dividend ETF (DVY) is an exchange-traded fund designed to provide investors with exposure to a portfolio of dividend-paying US equities. Classified within the Mid-Cap Value category, this fund holds approximately 104 companies, focusing on those with a history of consistent dividends. With an expense ratio of 0.38% and net assets of USD 23.05 billion, it offers a relatively accessible entry point for income-focused strategies. The fund currently reports a dividend yield of 3.40%. Launched in November 2003, DVY has established a long track record in the market. Investors should note that while dividends can provide income, the value of the fund and its distributions can fluctuate. As with any investment, past performance is not indicative of future results, and it is important to consider the inherent risks associated with equity markets.

Buy DGRO or DVY in Nemo

🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

DGRO vs DVY

Fund Snapshot