DGRO vs RDVY: Grades, Fees and Holdings Compared

iShares Core Dividend Growth ETF

DGROANYSE Arca

First Trust Rising Dividend Achievers ETF

RDVYCNasdaq

Overlap

20.5%by weight

Expense ratio

DGRO −0.39pt a year

DGRO0.08%RDVY0.47%

Avg volume · 30D

DGRO 1.3×the volume

DGRO1.39MRDVY1.1M

10Y return · a year

RDVY +1.2pt

DGRO+14.3%RDVY+15.5%

DGRO vs RDVY Performance

Nov 2, 2021 – Nov 2, 2026

+70.2%DGRO+71.7%RDVY

Expense ratio: DGRO 0.08%, better; RDVY 0.47%
Fund size: DGRO $45.3B; RDVY $25.5B
1Y total return: DGRO +21.8%, better; RDVY +19.7%
Yield (12M): DGRO 1.84%, better; RDVY 0.85%
Holdings: DGRO 394; RDVY 73
Avg volume (30D): DGRO 1.39M sh, better; RDVY 1.1M sh
NAV per share: DGRO $81.00; RDVY $79.15
52W range

ETF.net Grade

Pillar letters and Scores for DGRO, RDVY, with each pillar’s weight
Pillar	DGRO	RDVY
Cost30% weight	A88Higher	D26
Mission25% weight	A98Higher	B60
Risk15% weight	A77Higher	D26
Tradability15% weight	A91	A92Higher
Holdings10% weight	B62	B63Higher
Durability5% weight	A87Higher	A79

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DGRO and RDVY 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 RDVY 35th 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 33CRDIVInvesco S&P Ultra Dividend Revenue ETFScore 51
Rank 35CRDVYFirst Trust Rising Dividend Achievers ETFScore 50
Rank 36COUSAALPS Funds O’Shares U.S. Quality Dividend ETFScore 49

Our read on each fund

ETF.net Research

DGROAiShares Core Dividend Growth ETF

RDVYCFirst Trust Rising Dividend Achievers 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.

RDVY A dividend fund built around raises, not yield: roughly 50 equal-weighted US names, a quarter of the roster refreshed each quarter, and an index rule that ejects companies which slash or suspend the payout.

Stated mandate

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

RDVY The Fund seeks investment results that generally correspond to the price and yield of the Nasdaq US Rising Dividend AchieversTM Index before fees and expenses.

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.

RDVY The index doesn't wait for the annual reshuffle. Under Nasdaq's rules, a holding that suspends its dividend or cuts it by 50% or more is removed the following month.nasdaqomx.com
Four sub-portfolios, each reconstituted in its own quarter and reset to 25% of the index every March. Turnover happens in rolling slices instead of one annual lump.nasdaqomx.com
Equal weighting across about 50 stocks. No single mega-cap steers the portfolio the way it can in cap-weighted dividend index funds.nasdaqomx.com
Live since 2014 and now a multi-billion-dollar, actively traded fund, so getting in and out is rarely the hard part.

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.

RDVY 0.47% a year sits above the median US dividend-screen fund and runs many multiples of the category's index staples: SCHD at 0.06%, VIG at 0.04%, DGRO at 0.08%.
About 50 equal-weighted names is a concentrated way to own dividend growth. Each position carries real weight, and sector tilts can run hotter than a broad-market fund's.nasdaqomx.com
The mandate tracks an index of rising dividend payers, not the highest yields on offer. Different job than a high-yield fund. Distributions come quarterly.

Full DGRO profile⁠

Full RDVY profile⁠

DGRO vs RDVY Holdings

How DGRO and RDVY differ

Overlap by weight

20.5%

Shared holdings make up 66.4% of RDVY and 25.5% of DGRO.

Level by level

Holdings49 in both20.5%
Sector10 Sectors63.0%
Countryby domicile97.8%
Asset classEquity100%

Sector

Sector weights in DGRO and RDVY, widest gap first
Sector	More in DGROMore in RDVY	DGRO	RDVY
Financials	RDVY +18.6 points	19.4%	38.0%
Health Care	DGRO +13.7 points	17.6%	3.9%
Consumer Staples	DGRO +10.2 points	12.6%	2.4%
Technology	RDVY +9.4 points	17.8%	27.1%
Utilities	DGRO +7.1 points	7.1%	0.0%
Communication	RDVY +4.1 points	0.1%	4.2%
Energy	DGRO +4.0 points	5.8%	1.8%
Consumer Discretionary	RDVY +3.6 points	6.1%	9.7%
Materials	DGRO +1.9 points	2.4%	0.5%
Industrials	RDVY +1.2 points	11.2%	12.4%

Country, concentration and asset class

Country by domicile

Country weights in DGRO and RDVY, widest gap first
Country	More in DGROMore in RDVY	DGRO	RDVY
Switzerland	RDVY +2.1 points	0.5%	2.6%
United States	DGRO +1.8 points	99.2%	97.4%
Other countries (3)	DGRO +0.3 points	0.3%	0.0%

Concentration

Weight in the 10 largest Holdings

DGRO27.1%
RDVY22.6%

Securities held

DGRO391
RDVY72

Asset class

DGRO: Equity
RDVY: Equity

Holdings

Only in DGRO342
In both49
Only in RDVY23

Only in DGRO

342 securities, 74.2% of DGRO by weight

Exxonmobil Holdings Corp3.33%
AbbVie3.05%
Johnson & Johnson2.78%
Procter & Gamble2.42%
Broadcom Inc2.40%
Philip Morris International2.27%
Home Depot2.07%
Coca-Cola1.92%
UnitedHealth Group1.85%
Merck & Co Inc1.81%
Pepsico1.75%
International Business Machines Co1.52%
Eli Lilly1.48%
Amgen Inc1.26%
Mcdonalds Corp1.15%
Nextera Energy1.13%
Walmart1.08%
Morgan Stanley1.00%
Conocophillips1.00%
Gilead Sciences1.00%
Goldman Sachs Group0.98%
Rtx0.85%
Medtronic PLC0.82%
Southern0.81%
Duke Energy Corp0.78%
Union Pacific0.77%
Lockheed Martin0.71%
BlackRock0.71%
Linde PLC0.69%
Lowes Companies Inc0.62%
Oracle0.61%
Mondelez International Class A0.59%
Analog Devices0.54%
Eog Resources0.53%
Caterpillar Inc0.50%
Tjx0.49%
Phillips 660.49%
American Electric Power Inc0.47%
Marsh0.44%
Cme Group Class A0.44%
Illinois Tool Inc0.41%
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%
Northrop Grumman Corp0.33%

Only in RDVY

23 securities, 33.4% of RDVY by weight

Veralto Corporation2.26%
Expedia Group, Inc.2.19%
U.S. Bancorp2.07%
GE Vernova Inc.2.01%
NVIDIA Corporation2.00%
Regions Financial Corporation1.96%
Micron Technology, Inc.1.91%
Regeneron Pharmaceuticals, Inc.1.89%
Meta Platforms, Inc. (Class A)1.89%
PayPal Holdings, Inc.1.76%
Baker Hughes Company (Class A)1.75%
Alphabet Inc. (Class A)1.59%
Salesforce, Inc.1.57%
The Charles Schwab Corporation1.34%
GE Aerospace1.31%
Booking Holdings Inc.1.11%
Southwest Airlines Co.1.06%
Ralph Lauren Corporation1.01%
Western Digital Corporation0.76%
Coca-Cola Consolidated, Inc.0.57%
CF Industries Holdings, Inc.0.49%
Vertiv Holdings Co (Class A)0.46%
The Progressive Corporation0.44%

Weight gaps

All 49 Holdings in both funds, largest gap first.

Holding weights in DGRO and RDVY, widest gap first
Holding	More in DGROMore in RDVY	DGRO	RDVY
Travelers CompaniesTRV	RDVY +2.18 points	0.24%	2.42%
Allstate CorpALL	RDVY +2.00 points	0.24%	2.24%
Cincinnati FinancialCINF	RDVY +1.97 points	0.13%	2.10%
Ross Stores IncROST	RDVY +1.96 points	0.12%	2.08%
Synchrony FinancialSYF	RDVY +1.87 points	0.09%	1.96%
ChubbCB	RDVY +1.83 points	0.33%	2.16%
Bank of New York Mellon CorpBNY	RDVY +1.81 points	0.33%	2.14%
Hartford Insurance GroupHIG	RDVY +1.73 points	0.14%	1.87%
Snap On IncSNA	RDVY +1.73 points	0.10%	1.83%
Applied Material IncAMAT	RDVY +1.72 points	0.31%	2.03%
KlaKLAC	RDVY +1.72 points	0.22%	1.94%
Williams Sonoma IncWSM	RDVY +1.71 points	0.09%	1.80%
Lam ResearchLRCX	RDVY +1.70 points	0.22%	1.92%
Automatic Data Processing IncADP	RDVY +1.70 points	0.62%	2.32%
Cognizant Technology Solutions ClaCTSH	RDVY +1.43 points	0.13%	1.56%
American ExpressAXP	RDVY +1.43 points	0.43%	1.86%
ResmedRMD	RDVY +1.41 points	0.08%	1.49%
Costco Wholesale CorpCOST	RDVY +1.40 points	0.63%	2.02%
AflacAFL	RDVY +1.35 points	0.25%	1.60%
AppleAAPL	DGRO +1.33 points	3.04%	1.71%
Ameriprise Finance IncAMP	RDVY +1.30 points	0.11%	1.41%
Mueller Industries IncMLI	RDVY +1.25 points	0.03%	1.28%
Visa Class AV	RDVY +1.24 points	1.09%	2.33%
Accenture PLC Class AACN	RDVY +1.21 points	1.20%	2.41%
Everest GroupEG	RDVY +1.14 points	0.06%	1.20%
Cisco Systems IncCSCO	DGRO +0.89 points	1.38%	0.49%
MicrosoftMSFT	DGRO +0.86 points	3.04%	2.18%
PultegroupPHM	RDVY +0.80 points	0.04%	0.84%
JPMorgan Chase & CoJPM	DGRO +0.62 points	2.66%	2.04%
Abbott LaboratoriesABT	DGRO +0.57 points	0.93%	0.36%
Bank of AmericaBAC	RDVY +0.51 points	1.26%	1.77%
Monolithic Power Systems IncMPWR	RDVY +0.49 points	0.08%	0.57%
State StreetSTT	RDVY +0.46 points	0.17%	0.63%
East West BancorpEWBC	RDVY +0.44 points	0.10%	0.54%
DoverDOV	RDVY +0.42 points	0.07%	0.49%
EbayEBAY	RDVY +0.42 points	0.14%	0.56%
Mastercard Class AMA	RDVY +0.40 points	0.67%	1.07%
Comfort Systems UsaFIX	RDVY +0.39 points	0.02%	0.41%
CitigroupC	DGRO +0.38 points	0.87%	0.49%
Allison Transmission HoldingsALSN	RDVY +0.37 points	0.02%	0.39%
Pnc Financial Services GroupPNC	RDVY +0.37 points	0.64%	1.01%
GarminGRMN	RDVY +0.36 points	0.14%	0.50%
Howmet AerospaceHWM	RDVY +0.35 points	0.04%	0.39%
QualcommQCOM	DGRO +0.33 points	0.83%	0.50%
Paccar IncPCAR	RDVY +0.30 points	0.12%	0.42%
Wells FargoWFC	RDVY +0.28 points	1.22%	1.50%
Elevance Health IncELV	RDVY +0.28 points	0.32%	0.60%
Amphenol Corp Class AAPH	RDVY +0.23 points	0.26%	0.49%
IntuitINTU	RDVY +0.20 points	0.29%	0.49%

All 391 DGRO holdings⁠All 72 RDVY 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 RDVY Cost

Overpaying RDVY vs DGRO

$7,729

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

DGRO 0.08%
$1,689
RDVY 0.47%
$9,418

Amount$10,000

Years30 years

Cost over time

DGRO 0.08%
RDVY 0.47%
Overpaying

Year by year

Year	DGRO	RDVY	Overpaying
10	$147	$847	$700
20	$575	$3,261	$2,686
30	$1,689	$9,418	$7,729

Expense ratio

0.08%DGRO, cheaper
0.47%RDVY

DGRO0.08%RDVY0.47%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DGRO 8th cheapest of 52 funds

RDVY 40th cheapest of 52 funds

DGRO vs RDVY Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DGRO 1.84%, better; RDVY 0.85%
Payout (12M): DGRO $1.49; RDVY $0.68
Last payment: DGRO $0.39; RDVY $0.15
Ex-dividend: DGRO Sep 15, 2026; RDVY Sep 24, 2026
Paid on: DGRO Sep 18, 2026; RDVY Sep 30, 2026
Frequency: DGRO Quarterly; RDVY Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DGROQuarterly · 39 paymentsAll DGRO payments⁠

RDVYQuarterly · 39 paymentsAll RDVY payments⁠

DGRO vs RDVY Risk

Fall from peak · 5 years

DGRO
RDVY

Risk facts

VolatilityStd dev, 3 years: DGRO 10.8%, betterRDVY 14.9%
Return per unit of riskSharpe ratio, 3 years: DGRO 1.47, betterRDVY 1.18
Worst fallMax drawdown, 5 years: DGRO −19.3%, betterRDVY −25.3%
Market sensitivityBeta, 5 years: DGRO 0.67RDVY 0.94; Market = 1

DGRO and RDVY 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
Category Review
The payout and the result came apart in option-income funds
Updated Sep 30, 2026RDVY
Income Watch
A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%
Sep 20, 2026DGRO

Popular comparisons

DGROAvsSCHDA
iShares Core Dividend Growth ETF · Schwab U.S. Dividend Equity ETF
Expense ratio
0.08% · 0.06%
Category
RDVYCvsSCHDA
First Trust Rising Dividend Achievers ETF · Schwab U.S. Dividend Equity ETF
Expense ratio
0.47% · 0.06%
Category
DGROAvsDIVBA
iShares Core Dividend Growth ETF · iShares Core Dividend ETF
Expense ratio
0.08% · 0.05%
Category
RDVYCvsDIVBA
First Trust Rising Dividend Achievers ETF · iShares Core Dividend ETF
Expense ratio
0.47% · 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
RDVYCvsSPYDA
First Trust Rising Dividend Achievers ETF · State Street SPDR Portfolio S&P 500 High Dividend ETF
Expense ratio
0.47% · 0.07%
Category

DGRO vs RDVY

In short

Stated mandate

Why people hold it