DGRO vs DRVR: Grades, Fees and Holdings Compared

iShares Core Dividend Growth ETF

DGROANYSE Arca

Amplify S&P 500 Dividend Drivers ETF

DRVRDNYSE Arca

Overlap

20.4%by weight

Expense ratio

DGRO −0.31pt a year

DGRO0.08%DRVR0.39%

Avg volume · 30D

DGRO 712.5×the volume

DGRO1.39MDRVR1.95K

DGRO vs DRVR Performance

Jul 31, 2026 – Nov 2, 2026

+4.7%DGRO+6.8%DRVR

Expense ratio: DGRO 0.08%, better; DRVR 0.39%
Fund size: DGRO $45.3B; DRVR $1M
1Y total return: DGRO +21.8%; DRVR No data
Yield (12M): DGRO 1.84%; DRVR No data
Holdings: DGRO 394; DRVR 49
Avg volume (30D): DGRO 1.39M sh, better; DRVR 1.95K sh
NAV per share: DGRO $81.00; DRVR $26.27
52W range

ETF.net Grade

Pillar letters and Scores for DGRO, DRVR, with each pillar’s weight
Pillar	DGRO	DRVR
Cost30% weight	A88Higher	D36
Mission25% weight	A98	Not scored
Risk15% weight	A77Higher	C50
Tradability15% weight	A91Higher	F23
Holdings10% weight	B62Higher	D38
Durability5% weight	A87Higher	F22

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DGRO and DRVR are both graded against the same 52 US Dividend Index funds, so their Grades compare head to head.

US Dividend Index⁠

Category · 52 funds

See all 52 ›

DGRO ranks 1st and DRVR 50th of 52 funds in the US Dividend Index Category.

Rank 1ADGROiShares Core Dividend Growth ETFScore 86
Rank 2ASCHDSchwab U.S. Dividend Equity ETFScore 81
Rank 49DSYLDCambria Shareholder Yield ETFScore 36
Rank 50DDRVRAmplify S&P 500 Dividend Drivers ETFScore 35
Rank 50DKVLEKraneShares Value Line Dynamic Dividend Equity Index ETFScore 35

Our read on each fund

ETF.net Research

DGROAiShares Core Dividend Growth ETF

DRVRDAmplify S&P 500 Dividend Drivers ETF

In short

DGRO BlackRock's dividend-growth screen casts a wider net than most: five straight years of raises rather than ten, plus a payout-ratio cap that filters out stretched payers. About 400 US dividend raisers, large through small cap, for 0.08% a year.

DRVR No data

Stated mandate

DGRO The fund seeks to follow an index of U.S. equities whose dividends have grown consistently.

DRVR No data

Why people hold it

DGRO Costs 0.08% a year, a small fraction of the typical fee among US dividend-screen ETFs.
The screen has teeth: a qualified dividend, five years of uninterrupted dividend growth, a payout ratio under 75%, and the top decile of yielders cut before the other tests run.ishares.com
Roughly 400 names across large, mid and small caps, weighted by the dividend dollars each company pays rather than by market cap.ishares.com cib.barclays
Tracks the Morningstar US Dividend Growth Index about as tightly as this group gets, and it's an actively traded, multi-billion-dollar fund that has run since 2014.

DRVR No data

Worth knowing

DGRO Chopping the highest-yielding decile is deliberate: this is built around payout growth and dividend durability, not the fattest current yield on the shelf.ishares.com
Only dividend payers qualify, so some of the market's biggest non-paying growth companies sit outside the portfolio by rule.ishares.com
Income arrives quarterly, not monthly, and this is plain US stock exposure: no buffer, no hedge, full equity risk.

DRVR No data

Full DGRO profile⁠

Full DRVR profile⁠

DGRO vs DRVR Holdings

How DGRO and DRVR differ

Overlap by weight

20.4%

Shared holdings make up 66.2% of DRVR and 20.9% of DGRO.

Level by level

Holdings38 in both20.4%
Sector10 Sectors75.0%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in DGRO and DRVR, widest gap first
Sector	More in DGROMore in DRVR	DGRO	DRVR
Consumer Discretionary	DRVR +13.3 points	6.1%	19.4%
Health Care	DGRO +11.0 points	17.6%	6.6%
Utilities	DGRO +7.1 points	7.1%	0.0%
Energy	DGRO +5.5 points	5.8%	0.3%
Financials	DRVR +4.1 points	19.4%	23.5%
Consumer Staples	DRVR +3.9 points	12.6%	16.5%
Industrials	DRVR +3.6 points	11.2%	14.8%
Technology	DGRO +0.9 points	17.8%	16.9%
Materials	DGRO +0.5 points	2.4%	1.9%
Communication	DGRO +0.1 points	0.1%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DGRO and DRVR, widest gap first
Country	More in DGROMore in DRVR	DGRO	DRVR
United States	DRVR +0.8 points	99.2%	100.0%
Other countries (4)	DGRO +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

DGRO27.1%
DRVR36.7%

Securities held

DGRO391
DRVR48

Asset class

DGRO: Equity
DRVR: Equity

Holdings

Only in DGRO353
In both38
Only in DRVR10

Only in DGRO

353 securities, 78.8% of DGRO by weight

Exxonmobil Holdings Corp3.33%
AbbVie3.05%
Microsoft3.04%
Apple3.04%
Johnson & Johnson2.78%
JPMorgan Chase & Co2.66%
Procter & Gamble2.42%
Broadcom Inc2.40%
Coca-Cola1.92%
Merck & Co Inc1.81%
International Business Machines Co1.52%
Eli Lilly1.48%
Cisco Systems Inc1.38%
Amgen Inc1.26%
Bank of America1.26%
Wells Fargo1.22%
Mcdonalds Corp1.15%
Nextera Energy1.13%
Walmart1.08%
Conocophillips1.00%
Gilead Sciences1.00%
Citigroup0.87%
Rtx0.85%
Medtronic PLC0.82%
Southern0.81%
Duke Energy Corp0.78%
Union Pacific0.77%
Lockheed Martin0.71%
BlackRock0.71%
Linde PLC0.69%
Costco Wholesale Corp0.63%
Oracle0.61%
Analog Devices0.54%
Eog Resources0.53%
Caterpillar Inc0.50%
Tjx0.49%
Phillips 660.49%
American Electric Power Inc0.47%
Cme Group Class A0.44%
American Express0.43%
Colgate-Palmolive0.40%
Sempra0.38%
Air Products and Chemicals0.37%
Cigna0.36%
General Dynamics Corp0.35%
Deere0.34%
Xcel Energy Inc0.34%
Eaton PLC0.33%
Chubb0.33%
Bank of New York Mellon Corp0.33%

Only in DRVR

10 securities, 33.2% of DRVR by weight

United Parcel Service Inc4.74%
Altria Group Inc4.60%
T Rowe Price Group Inc3.78%
Paychex Inc3.73%
NIKE Inc3.62%
Regions Financial Corp3.38%
Best Buy Co Inc3.29%
Target Corp2.25%
Starbucks Corp2.08%
Texas Instruments Inc1.76%

Weight gaps

All 38 Holdings in both funds, largest gap first.

Holding weights in DGRO and DRVR, widest gap first
Holding	More in DGROMore in DRVR	DGRO	DRVR
Tractor SupplyTSCO	DRVR +2.33 points	0.10%	2.43%
Fifth Third BancorpFITB	DRVR +2.30 points	0.31%	2.61%
Zoetis Inc Class AZTS	DRVR +2.20 points	0.20%	2.40%
Pnc Financial Services GroupPNC	DRVR +2.19 points	0.64%	2.83%
Mondelez International Class AMDLZ	DRVR +2.19 points	0.59%	2.78%
Snap On IncSNA	DRVR +2.07 points	0.10%	2.17%
Dominos PizzaDPZ	DRVR +1.98 points	0.05%	2.03%
Broadridge Financial Solutions IncBR	DRVR +1.92 points	0.10%	2.02%
Accenture PLC Class AACN	DRVR +1.91 points	1.20%	3.11%
PepsicoPEP	DRVR +1.89 points	1.75%	3.64%
Illinois Tool IncITW	DRVR +1.64 points	0.41%	2.05%
Lowes Companies IncLOW	DRVR +1.56 points	0.62%	2.18%
Automatic Data Processing IncADP	DRVR +1.54 points	0.62%	2.16%
AflacAFL	DRVR +1.50 points	0.25%	1.75%
MascoMAS	DRVR +1.50 points	0.06%	1.56%
State StreetSTT	DRVR +1.45 points	0.17%	1.62%
MarshMRSH	DRVR +1.44 points	0.44%	1.88%
Allstate CorpALL	DRVR +1.34 points	0.24%	1.58%
FastenalFAST	DRVR +1.33 points	0.26%	1.59%
Abbott LaboratoriesABT	DRVR +1.23 points	0.93%	2.16%
MsciMSCI	DRVR +1.05 points	0.14%	1.19%
D R HortonDHI	DRVR +1.05 points	0.10%	1.15%
Raymond JamesRJF	DRVR +1.03 points	0.07%	1.10%
Lennox InternationalLII	DRVR +1.02 points	0.03%	1.05%
Williams Sonoma IncWSM	DRVR +0.97 points	0.09%	1.06%
Morgan StanleyMS	DRVR +0.85 points	1.00%	1.85%
Steel Dynamics IncSTLD	DRVR +0.74 points	0.06%	0.80%
Goldman Sachs GroupGS	DRVR +0.72 points	0.98%	1.70%
CintasCTAS	DRVR +0.64 points	0.17%	0.81%
QualcommQCOM	DRVR +0.59 points	0.83%	1.42%
Home DepotHD	DRVR +0.52 points	2.07%	2.59%
Texas Pacific LandTPL	DRVR +0.52 points	0.03%	0.55%
Visa Class AV	DGRO +0.46 points	1.09%	0.63%
Philip Morris InternationalPM	DRVR +0.38 points	2.27%	2.65%
KlaKLAC	DRVR +0.16 points	0.22%	0.38%
Mastercard Class AMA	DGRO +0.10 points	0.67%	0.57%
UnitedHealth GroupUNH	DRVR +0.06 points	1.85%	1.91%
Lam ResearchLRCX	DRVR +0.05 points	0.22%	0.27%

All 391 DGRO holdings⁠All 48 DRVR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DGRO vs DRVR Cost

Overpaying DRVR vs DGRO

$6,209

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DGRO 0.08%
$1,689
DRVR 0.39%
$7,898

Amount$10,000

Years30 years

Cost over time

DGRO 0.08%
DRVR 0.39%
Overpaying

Year by year

Year	DGRO	DRVR	Overpaying
10	$147	$705	$558
20	$575	$2,725	$2,150
30	$1,689	$7,898	$6,209

Expense ratio

0.08%DGRO, cheaper
0.39%DRVR

DGRO0.08%DRVR0.39%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DGRO 8th cheapest of 52 funds

DRVR 32nd cheapest of 52 funds

DGRO vs DRVR Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DGRO 1.84%; DRVR No data
Payout (12M): DGRO $1.49; DRVR No data
Last payment: DGRO $0.39; DRVR $0.05
Ex-dividend: DGRO Sep 15, 2026; DRVR Oct 29, 2026
Paid on: DGRO Sep 18, 2026; DRVR Oct 30, 2026
Frequency: DGRO Quarterly; DRVR Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DGROQuarterly · 15 paymentsAll DGRO payments⁠

DRVRMonthly · 4 paymentsAll DRVR payments⁠

DGRO vs DRVR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DGRO 10.8%DRVR No data
Return per unit of riskSharpe ratio, 3 years: DGRO 1.47DRVR No data
Worst fallMax drawdown, 5 years: DGRO −19.3%DRVR No data
Market sensitivityBeta, 5 years: DGRO 0.67DRVR 0.00; Market = 1

DGRO and DRVR in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026DGRO
Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026DGRO
New ETFs
Eventide lists two ETFs at 0.75% and 0.95% for strategies it already runs
Oct 30, 2026DGRO
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
Updated Oct 2, 2026DGRO
Income Watch
A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%
Sep 20, 2026DGRO
New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026DGRO

Popular comparisons

DGROAvsSCHDA
iShares Core Dividend Growth ETF · Schwab U.S. Dividend Equity ETF
Expense ratio
0.08% · 0.06%
Category
DRVRDvsSCHDA
Amplify S&P 500 Dividend Drivers ETF · Schwab U.S. Dividend Equity ETF
Expense ratio
0.39% · 0.06%
Category
DGROAvsDIVBA
iShares Core Dividend Growth ETF · iShares Core Dividend ETF
Expense ratio
0.08% · 0.05%
Category
DRVRDvsDIVBA
Amplify S&P 500 Dividend Drivers ETF · iShares Core Dividend ETF
Expense ratio
0.39% · 0.05%
Category
DGROAvsSPYDA
iShares Core Dividend Growth ETF · State Street SPDR Portfolio S&P 500 High Dividend ETF
Expense ratio
0.08% · 0.07%
Category
DRVRDvsSPYDA
Amplify S&P 500 Dividend Drivers ETF · State Street SPDR Portfolio S&P 500 High Dividend ETF
Expense ratio
0.39% · 0.07%
Category

DGRO vs DRVR

In short

Stated mandate

Why people hold it