DGRO vs VSDA: Grades, Fees and Holdings Compared

iShares Core Dividend Growth ETF

DGROANYSE Arca

VictoryShares Dividend Accelerator ETF

VSDABNasdaq

Overlap

19.1%by weight

Expense ratio

DGRO −0.27pt a year

DGRO0.08%VSDA0.35%

Avg volume · 30D

DGRO 89.5×the volume

DGRO1.39MVSDA15.5K

5Y return · a year

DGRO +3.2pt

DGRO+11.3%VSDA+8.1%

DGRO vs VSDA Performance

Oct 29, 2021 – Oct 30, 2026

+71.0%DGRO+47.9%VSDA

Expense ratio: DGRO 0.08%, better; VSDA 0.35%
Fund size: DGRO $45.3B; VSDA $224M
1Y total return: DGRO +21.5%, better; VSDA +19.6%
Yield (12M): DGRO 1.84%; VSDA 2.41%, better
Holdings: DGRO 394; VSDA 76
Avg volume (30D): DGRO 1.39M sh, better; VSDA 15.5K sh
NAV per share: DGRO $81.00; VSDA $60.49
52W range

ETF.net Grade

Pillar letters and Scores for DGRO, VSDA, with each pillar’s weight
Pillar	DGRO	VSDA
Cost30% weight	A88Higher	B57
Mission25% weight	A98Higher	A89
Risk15% weight	A77Higher	D38
Tradability15% weight	A90Higher	C48
Holdings10% weight	B62Higher	B55
Durability5% weight	A87Higher	D31

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DGRO and VSDA 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 VSDA 25th 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 23BQDIVGlobal X S&P 500 Quality Dividend ETFScore 60
Rank 25BVSDAVictoryShares Dividend Accelerator ETFScore 59
Rank 26BDIVGInvesco S&P 500 High Dividend Growers ETFScore 58

Our read on each fund

ETF.net Research

DGROAiShares Core Dividend Growth ETF

VSDABVictoryShares Dividend Accelerator 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.

VSDA Most dividend growth funds reward the past. VSDA tracks a Nasdaq index that runs a statistical model on large and mid cap payers to rank who is likeliest to raise dividends next year, aiming at payout growth over fat yield.

Stated mandate

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

VSDA The Fund seeks to track the Nasdaq Victory Dividend Accelerator 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.

VSDA The index runs a logit model over 14 variables to rank which dividend payers are likeliest to raise next year, then holds 75 of them. Streak counting is only part of it.nasdaqomx.com nasdaqomx.com 2
Weights lean on dividend yield and 10-year net income stability instead of market cap, REITs are screened out, and the roster refreshes at quarterly rebalances.nasdaqomx.com
Pays monthly, and it has tracked its index live since its 2017 launch, not on backtested paper.
Narrow mandate: at least 80% of assets in index securities, with no manager discretion over which stocks make the cut.sec.gov

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.

VSDA The 0.40% fee sits near the middle of the dividend-screen crowd, but index giants like VIG (0.04%) and SCHD (0.06%) charge a fraction of it.
Assets are modest and trading is thin next to the category's household names, so bid-ask spreads tend to run wider.
Forecasts are odds, not promises. A flagged raiser can freeze its payout, and the index waits for the next quarterly rebalance to respond.nasdaqomx.com

Full DGRO profile⁠

Full VSDA profile⁠

DGRO vs VSDA Holdings

How DGRO and VSDA differ

Overlap by weight

19.1%

Shared holdings make up 68.1% of VSDA and 25.1% of DGRO.

Level by level

Holdings60 in both19.1%
Sector11 Sectors73.0%
Countryby domicile98.7%
Asset classEquity100%

Sector

Sector weights in DGRO and VSDA, widest gap first
Sector	More in DGROMore in VSDA	DGRO	VSDA
Consumer Staples	VSDA +18.6 points	12.6%	31.2%
Technology	DGRO +12.6 points	17.8%	5.2%
Health Care	DGRO +7.7 points	17.6%	9.9%
Materials	VSDA +4.8 points	2.4%	7.2%
Utilities	DGRO +4.1 points	7.1%	3.0%
Industrials	VSDA +3.5 points	11.2%	14.7%
Energy	DGRO +1.0 points	5.8%	4.8%
Financials	DGRO +1.0 points	19.4%	18.4%
Consumer Discretionary	DGRO +0.7 points	6.1%	5.4%
Communication	DGRO +0.1 points	0.1%	0.0%
Real Estate	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in DGRO and VSDA, widest gap first
Country	More in DGROMore in VSDA	DGRO	VSDA
Switzerland	VSDA +1.3 points	0.5%	1.8%
United States	DGRO +1.0 points	99.2%	98.2%
Other countries (3)	DGRO +0.3 points	0.3%	0.0%

Concentration

Weight in the 10 largest Holdings

DGRO27.1%
VSDA29.6%

Securities held

DGRO391
VSDA75

Asset class

DGRO: Equity
VSDA: Equity

Holdings

Only in DGRO331
In both60
Only in VSDA15

Only in DGRO

331 securities, 74.7% of DGRO by weight

AbbVie3.05%
Microsoft3.04%
Apple3.04%
JPMorgan Chase & Co2.66%
Broadcom Inc2.40%
Philip Morris International2.27%
Home Depot2.07%
UnitedHealth Group1.85%
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%
Accenture PLC Class A1.20%
Nextera Energy1.13%
Morgan Stanley1.00%
Conocophillips1.00%
Goldman Sachs Group0.98%
Abbott Laboratories0.93%
Citigroup0.87%
Rtx0.85%
Qualcomm0.83%
Medtronic PLC0.82%
Southern0.81%
Duke Energy Corp0.78%
Lockheed Martin0.71%
BlackRock0.71%
Linde PLC0.69%
Pnc Financial Services Group0.64%
Costco Wholesale Corp0.63%
Automatic Data Processing Inc0.62%
Oracle0.61%
Mondelez International Class A0.59%
Analog Devices0.54%
Eog Resources0.53%
Tjx0.49%
Phillips 660.49%
American Electric Power Inc0.47%
Marsh0.44%
Cme Group Class A0.44%
American Express0.43%
Sempra0.38%
Cigna0.36%
General Dynamics Corp0.35%
Deere0.34%
Xcel Energy Inc0.34%
Eaton PLC0.33%
Chubb0.33%

Only in VSDA

15 securities, 31.5% of VSDA by weight

Hormel Foods Corp.3.69%
Altria Group Inc.3.66%
Kimberly-Clark Corp3.48%
Clorox Company3.37%
T Rowe Price Group Inc.2.69%
Medtronic PLC2.52%
Stanley Black & Decker2.06%
Franklin Templeton Inc1.97%
Chevron Corp1.83%
Target Corp.1.46%
Bristol-Myers Squibb Co1.39%
Becton Dickinson and Co.1.11%
Eaton Corp PLC0.79%
Chubb Limited0.76%
New Linde PLC0.72%

Weight gaps

All 60 Holdings in both funds, largest gap first.

Holding weights in DGRO and VSDA, widest gap first
Holding	More in DGROMore in VSDA	DGRO	VSDA
Brown Forman Class BBF.B	VSDA +2.73 points	0.06%	2.79%
Mccormick & Co Non-VotingMKC	VSDA +2.37 points	0.10%	2.47%
Exxonmobil Holdings CorpXOM	DGRO +2.06 points	3.33%	1.27%
Johnson & JohnsonJNJ	DGRO +1.83 points	2.78%	0.95%
Consolidated EdisonED	VSDA +1.84 points	0.31%	2.15%
Colgate-PalmoliveCL	VSDA +1.77 points	0.40%	2.17%
Ppg IndustriesPPG	VSDA +1.68 points	0.15%	1.83%
Old Republic InternationalORI	VSDA +1.57 points	0.06%	1.63%
Erie Indemnity Class AERIE	VSDA +1.47 points	0.03%	1.50%
Genuine PartsGPC	VSDA +1.41 points	0.11%	1.52%
Illinois Tool IncITW	VSDA +1.29 points	0.41%	1.70%
Emerson ElectricEMR	VSDA +1.24 points	0.29%	1.53%
AflacAFL	VSDA +1.22 points	0.25%	1.47%
Atmos EnergyATO	VSDA +1.19 points	0.15%	1.34%
SyscoSYY	VSDA +1.16 points	0.24%	1.40%
Broadridge Financial Solutions IncBR	VSDA +1.14 points	0.10%	1.24%
Sei InvestmentsSEIC	VSDA +1.02 points	0.02%	1.04%
Rpm International IncRPM	VSDA +1.01 points	0.06%	1.07%
Cincinnati FinancialCINF	VSDA +1.01 points	0.13%	1.14%
PepsicoPEP	VSDA +0.98 points	1.75%	2.73%
Archer Daniels MidlandADM	VSDA +0.97 points	0.19%	1.16%
Curtiss WrightCW	VSDA +0.96 points	<0.01%	0.97%
Air Products and ChemicalsAPD	VSDA +0.95 points	0.37%	1.32%
Constellation Brands Class ASTZ	VSDA +0.93 points	0.14%	1.07%
Mcdonalds CorpMCD	VSDA +0.92 points	1.15%	2.07%
Globe LifeGL	VSDA +0.92 points	0.02%	0.94%
Roper TechnologiesROP	VSDA +0.90 points	0.09%	0.99%
Houlihan Lokey Class AHLI	VSDA +0.90 points	0.03%	0.93%
NordsonNDSN	VSDA +0.85 points	0.04%	0.89%
GarminGRMN	VSDA +0.84 points	0.14%	0.98%
Lowes Companies IncLOW	VSDA +0.82 points	0.62%	1.44%
DoverDOV	VSDA +0.79 points	0.07%	0.86%
Carlisle CompaniesCSL	VSDA +0.78 points	0.05%	0.83%
Union PacificUNP	VSDA +0.78 points	0.77%	1.55%
EcolabECL	VSDA +0.78 points	0.17%	0.95%
Evercore Class AEVR	VSDA +0.74 points	0.02%	0.76%
Martin Marietta MaterialsMLM	VSDA +0.71 points	0.05%	0.76%
Procter & GamblePG	DGRO +0.69 points	2.42%	1.73%
Sherwin WilliamsSHW	VSDA +0.68 points	0.16%	0.84%
Coca-ColaKO	DGRO +0.65 points	1.92%	1.27%
Williams Sonoma IncWSM	VSDA +0.64 points	0.09%	0.73%
HeicoHEI	VSDA +0.64 points	<0.01%	0.64%
Hubbell IncHUBB	VSDA +0.59 points	0.06%	0.65%
S&P GlobalSPGI	VSDA +0.59 points	0.26%	0.85%
Allstate CorpALL	VSDA +0.58 points	0.24%	0.82%
Kinsale Capital Group IncKNSL	VSDA +0.54 points	<0.01%	0.55%
Ww Grainger IncGWW	VSDA +0.54 points	0.10%	0.64%
NucorNUE	VSDA +0.54 points	0.12%	0.66%
First Citizens Bancshares Class AFCNCA	VSDA +0.49 points	0.02%	0.51%
Applied Industrial TechnologiesAIT	VSDA +0.49 points	0.01%	0.50%
Cardinal HealthCAH	VSDA +0.48 points	0.11%	0.59%
Mckesson CorpMCK	VSDA +0.44 points	0.09%	0.53%
Parker-HannifinPH	VSDA +0.42 points	0.20%	0.62%
Monolithic Power Systems IncMPWR	VSDA +0.35 points	0.08%	0.43%
Visa Class AV	DGRO +0.24 points	1.09%	0.85%
KlaKLAC	VSDA +0.23 points	0.22%	0.45%
Gilead SciencesGILD	DGRO +0.21 points	1.00%	0.79%
WalmartWMT	DGRO +0.17 points	1.08%	0.91%
Mastercard Class AMA	VSDA +0.10 points	0.67%	0.77%
Caterpillar IncCAT	DGRO +0.08 points	0.50%	0.42%

All 391 DGRO holdings⁠All 77 VSDA 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 VSDA Cost

Overpaying VSDA vs DGRO

$5,437

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

DGRO 0.08%
$1,689
VSDA 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

DGRO 0.08%
VSDA 0.35%
Overpaying

Year by year

Year	DGRO	VSDA	Overpaying
10	$147	$634	$487
20	$575	$2,454	$1,879
30	$1,689	$7,126	$5,437

Expense ratio

0.08%DGRO, cheaper
0.35%VSDA

DGRO0.08%VSDA0.35%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DGRO 8th cheapest of 52 funds

VSDA 20th cheapest of 52 funds

DGRO vs VSDA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DGRO 1.84%; VSDA 2.41%, better
Payout (12M): DGRO $1.49; VSDA $1.46
Last payment: DGRO $0.39; VSDA $0.12
Ex-dividend: DGRO Sep 15, 2026; VSDA Oct 8, 2026
Paid on: DGRO Sep 18, 2026; VSDA Oct 9, 2026
Frequency: DGRO Quarterly; VSDA Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DGROQuarterly · 15 paymentsAll DGRO payments⁠

VSDAMonthly · 45 paymentsAll VSDA payments⁠

DGRO vs VSDA Risk

Fall from peak · 5 years

DGRO
VSDA

Risk facts

VolatilityStd dev, 3 years: DGRO 10.8%, betterVSDA 13.6%
Return per unit of riskSharpe ratio, 3 years: DGRO 1.47, betterVSDA 0.82
Worst fallMax drawdown, 5 years: DGRO −19.3%VSDA −16.1%, better
Market sensitivityBeta, 5 years: DGRO 0.67VSDA 0.65; Market = 1

DGRO and VSDA 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

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