How do DGRO and FDVV differ in structure?

DGRO is an iShares fund with $42.9 billion in net assets, focusing on large value dividend growth. FDVV is a Fidelity fund with $10.3 billion in net assets, also targeting large value but emphasising higher current yields. While both are ETFs tracking large value segments, DGRO holds significantly more assets, which may impact trading dynamics differently.

What is a key operational distinction between DGRO and FDVV?

Both DGRO and FDVV do not disclose the index they track, which hinders methodology assessment. This transparency issue is critical for understanding their underlying investment strategies. In contrast, DGRO features a lower expense ratio of 0.08%, which may suggest different operational efficiencies compared to FDVV's 0.15%.

What is the difference between the expense ratios of DGRO and FDVV?

DGRO has an expense ratio of 0.08%, while FDVV is slightly higher at 0.15%. The 0.07 percentage point difference may impact long-term returns for investors. A lower expense ratio, like DGRO's, means less cost deducted from assets, which can benefit investors over time when other factors remain equal.

How do the top ten holdings of DGRO and FDVV overlap?

DGRO and FDVV share four stocks in their top ten holdings: AAPL, MSFT, JPM and AVGO. This indicates some similarities in their equity selection. However, DGRO emphasises dividend growers across more traditional sectors, while FDVV concentrates on high yielding stocks, including a more prominent position in technology companies like NVDA.

What are the key differences in the top holdings of DGRO and FDVV?

DGRO's top holdings include AAPL and XOM, each at 3.12% and 3.06% respectively. In contrast, FDVV has NVDA as its largest holding at 7.28% and AAPL at 6.83%. This reflects FDVV's emphasis on high-yielding stocks in technology and DGRO's more diversified approach.

How does the dividend yield of FDVV compare with DGRO?

FDVV provides a dividend yield of 2.74%, which is notably higher than DGRO's yield of 1.94%. This difference reflects the funds' distinct strategies; FDVV prioritises high current income, while DGRO focuses on dividend growth potential. Investors evaluating these funds should consider how yield and growth strategies align with their income needs.

What sectors do DGRO and FDVV emphasise?

Sector weights for DGRO and FDVV are currently not available, which limits a clear understanding of their sector exposures. However, both funds' top holdings reflect a focus on large value stocks, with DGRO showing exposure to energy and consumer staples, while FDVV emphasises technology and high-dividend payers like NVDA.

How do the sector weights of DGRO and FDVV compare?

Currently, neither DGRO nor FDVV provides sector weights, which limits the ability to assess their sector exposure and concentration. This data gap means investors must analyse the top holdings indirectly to understand potential sector biases, although both funds categorise as large value, implying a shared overall strategy orientation.

What is the inception date of each ETF and how might this influence their performance history?

DGRO launched on 10 June 2014, while FDVV began on 12 September 2016. DGRO's earlier inception provides a longer track record, which may offer more data points for evaluating performance across market cycles. FDVV, being newer, has a shorter history, potentially making it less suitable for investors prioritising long-term performance comparison.

How do the liquidity profiles of DGRO and FDVV compare?

DGRO holds $42.9 billion in net assets, significantly larger than FDVV's $10.3 billion. This substantial difference suggests DGRO may offer higher liquidity, potentially reducing bid-ask spreads. However, FDVV's size still supports sufficient trading liquidity for most investors. Size impacts liquidity, but both funds are accessible for individual investors.

How should I interpret the absence of sector weights in DGRO and FDVV?

Both DGRO and FDVV not disclosing sector weights can make it challenging for investors to assess sector concentration risks and diversification levels. While top holdings offer insight into potential sector tilts, they do not provide a comprehensive picture of the funds' asset allocation across sectors.

How should a beginner interpret DGRO and FDVV's dividend yield differences?

DGRO's yield is 1.94%, while FDVV offers 2.74%. A higher yield, like FDVV's, suggests greater current income but does not indicate overall return or safety of dividends. Beginners should consider that yield alone does not determine total performance; capital appreciation and dividend sustainability must be evaluated alongside yield.

DGRO vs FDVV

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

Compare DGRO (iShares Core Dividend Growth ETF) and FDVV (Fidelity Covington Trust High Dividend ETF). Review expense ratios, top holdings, dividend yields, and market tracking. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

DGRO

Metric

FDVV

0.08%

Expense Ratio

0.15%

1.94%

Dividend Yield

2.74%

$42.93B

Net Assets

$10.34B

396

Holdings

109

Jun 10, 2014

Inception Date

Sep 12, 2016

–

Index Tracked

–

Large Value

Fund Category

Large Value

DGRO costs about $7.00 less per year for every $10,000 invested.

Shared Top Holdings

Holding	DGRO	FDVV
AAPLApple Inc.	3.12%	6.83%
MSFTMicrosoft Corporation	3.03%	5.30%
JPMJPMorgan Chase & Co.	2.90%	2.77%
AVGOBroadcom Inc.	2.77%	2.81%

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 features a low expense ratio of 0.08%.
DGRO holds net assets of $42.9 billion, ensuring high liquidity.
DGRO maintains a moderate dividend yield of 1.94%.

Considerations

DGXO does not disclose its tracked index, limiting methodology visibility.
DGRO's top holdings lack sector weights, reducing transparency for analysts.
DGRO's top holdings concentration is limited, potentially diluting specific sector exposure.

FDVV

Pros

FDVV offers a higher dividend yield of 2.74% compared to peers.
FDVV's net assets of $10.3 billion provide sufficient trading liquidity.
FDVV's top holdings include high-growth tech stocks like NVDA.

Considerations

FDVV has a higher expense ratio of 0.15%.
FDVV does not disclose its tracked index, hindering methodology assessment.
FDVV's top holdings lack sector weights, limiting detailed risk analysis.

About DGRO and FDVV

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.

FDVV (FDVV)

The Fidelity Covington Trust High Dividend ETF (FDVV) is a large value fund designed to provide exposure to equities with higher-than-average dividend yields. With net assets of USD 10.34 billion and a modest expense ratio of 0.15%, it offers investors a relatively cost-efficient way to access a diversified portfolio of 109 holdings. Since its inception in September 2016, the fund has focused on companies that are often viewed as stable income generators. The current dividend yield stands at 2.74%, making it a potential component for those seeking regular income alongside capital appreciation. However, it is important to remember that values can rise and fall, and returns are not guaranteed. This fund suits investors interested in large-cap value strategies, though all investments carry risk and should be considered alongside personal financial goals.

Buy DGRO or FDVV 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 FDVV

Fund Snapshot