DIVB vs VIG: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

Vanguard Dividend Appreciation ETF

VIGANYSE Arca

Overlap

33.6%by weight

Expense ratio

VIG −0.01pt a year

DIVB0.05%VIG0.04%

Avg volume · 30D

VIG 3.2×the volume

DIVB322KVIG1.04M

5Y return · a year

DIVB +4.0pt

DIVB+13.8%VIG+9.8%

DIVB vs VIG Performance

Nov 5, 2021 – Nov 6, 2026

+91.1%DIVB+59.5%VIG

Expense ratio: DIVB 0.05%; VIG 0.04%, better
Fund size: DIVB $2.35B; VIG $109B
1Y total return: DIVB +40.4%, better; VIG +14.8%
Yield (12M): DIVB 2.11%, better; VIG 1.50%
Holdings: DIVB 383; VIG 343
Avg volume (30D): DIVB 322K sh; VIG 1.04M sh, better
NAV per share: DIVB $71.17; VIG $252.69
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, VIG, with each pillar’s weight
Pillar	DIVB	VIG
Cost30% weight	A95	A100Higher
Mission25% weight	A87Higher	A86
Risk15% weight	B69Higher	B57
Tradability15% weight	B65Higher	B59
Holdings10% weight	C54Higher	C52
Durability5% weight	A72	A91Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DIVB and VIG 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 ›

DIVB ranks 4th and VIG 5th 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 3ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 80
Rank 4ADIVBiShares Core Dividend ETFScore 79
Rank 5AVIGVanguard Dividend Appreciation ETFScore 78
Rank 6ADLNWisdomTree U.S. LargeCap Dividend FundScore 74

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

VIGAVanguard Dividend Appreciation ETF

In short

DIVB Most dividend funds only count the check that hits your account. DIVB's index also counts buybacks, treating a shrinking share count as cash returned to owners, and it charges five basis points to do it.

VIG VIG buys dividend growth, not fat yields: about 300 US companies with a record of raising their payouts, tracked for 0.04% a year. Running since 2006 and now north of $100 billion, it is the plain-vanilla anchor of the dividend-screen aisle.

Stated mandate

DIVB The fund seeks to track an index of U.S. companies selected for a history of dividend payments and/or share buybacks, providing equity exposure oriented toward income and long-term growth.

VIG The fund seeks to track the S&P U.S. Dividend Growers Index, which represents common stocks of companies with a record of increasing dividends over time.

Why people hold it

DIVB Five basis points a year, one of the lowest fees in the dividend-screen aisle, where the typical fund charges many times more.
The Morningstar US Dividend and Buyback Index counts repurchases alongside payouts, so a company buying back stock qualifies even with a modest yield. Roughly 400 US names.
Sits in the top tier of a large dividend-screen peer group and stays tight to its stated mandate: US dividend payers and buyback machines, nothing exotic.
A billion-dollar-plus member of the iShares Core lineup, running since 2017 and distributing quarterly.

VIG At 0.04% a year, the fee is roughly a tenth of the typical dividend-screen fund's 0.39%, and undercuts every other top-graded fund in the group, DGRO and SCHD included.
The screen rewards a record of increasing dividends rather than the biggest current payout, so the basket leans on payout discipline instead of stretched yields.
Live since 2006, over $100 billion in assets and actively traded, which shows up as easy fills rather than wide spreads.
About 300 holdings, cash paid quarterly, and one of the strongest overall implementations in its dividend-screen peer group.

Worth knowing

DIVB Buybacks return value through share count, not cash in your pocket, so the income profile can sit lighter than pure high-yield screens like SPYD.
Moderately traded rather than a volume heavyweight like SCHD or VIG, so limit orders earn their keep, especially in size.
All-equity, all-US. Dividends and buybacks soften nothing when the American stock market sells off.

VIG Growth of payouts, not maximum income, is the mandate. That puts it on a different axis than high-dividend funds such as SPYD.
US stocks only, no bonds and no overseas payers, and sector weights are whatever the index screen spits out.
Portfolio risk and concentration measures land mid-pack for the category: it is fully invested in equities and drops when the market drops.

Full DIVB profile⁠

Full VIG profile⁠

DIVB vs VIG Holdings

How DIVB and VIG differ

Overlap by weight

33.6%

Shared holdings make up 55.2% of DIVB and 43.0% of VIG.

Level by level

Holdings127 in both33.6%
Sector11 Sectors83.4%
Countryby domicile99.3%
Asset classStocks100%

Sector

Sector weights in DIVB and VIG, widest gap first
Sector	Gap	DIVB	VIG
Energy	DIVB +5.7 points	9.3%	3.6%
Technology	VIG +5.6 points	21.8%	27.4%
Financials	VIG +4.5 points	16.2%	20.7%
Industrials	DIVB +4.1 points	14.9%	10.8%
Health Care	VIG +4.0 points	14.7%	18.7%
Communication	DIVB +3.4 points	3.4%	0.0%
Real Estate	DIVB +2.9 points	2.9%	0.0%
Materials	VIG +2.0 points	1.2%	3.2%
Utilities	VIG +0.5 points	2.2%	2.7%
Consumer Staples	DIVB +0.4 points	9.5%	9.1%
Consumer Discretionary	Same weight	3.9%	3.9%

Country, concentration and asset class

Country by domicile

Country weights in DIVB and VIG, widest gap first
Country	More in DIVBMore in VIG	Gap	DIVB	VIG
United States		VIG +0.7 points	99.3%	100.0%
Other countries (4)		DIVB +0.7 points	0.7%	0.0%

Concentration

Weight in the 10 largest Holdings

DIVB32.9%
VIG34.5%

Securities held

DIVB380
VIG341

Asset class

DIVB: Stocks
VIG: Stocks

Holdings

Only in DIVB253
In both127
Only in VIG214

Only in DIVB

253 securities, 44.4% of DIVB by weight

Cognizant Technology Solutions Cla3.04%
Paychex2.21%
Hp Inc1.93%
Chevron1.72%
Leidos Holdings1.38%
Pfizer1.36%
Ss and C Technologies Holdings1.34%
Skyworks Solutions1.22%
Philip Morris International1.21%
Altria Group Inc1.11%
Wells Fargo1.07%
Verizon Communications Inc1.04%
Hca Healthcare1.04%
AT&T0.82%
Progressive0.77%
Gen Digital0.76%
Citigroup0.75%
Comcast Class A0.75%
Bristol Myers Squibb0.64%
T Mobile Us Inc0.61%
Conocophillips0.60%
Cigna0.59%
Marathon Petroleum0.54%
Capital One Financial Corp0.50%
Genpact0.45%
Eog Resources0.44%
Truist Financial0.44%
United Parcel Service Inc Class B0.43%
Cvs Health0.38%
Valero Energy Corp0.36%
Blackstone0.31%
Target Corp0.31%
3M0.30%
Slb0.29%
Us Bancorp0.29%
American Tower Reit0.28%
Prologis Reit0.28%
Duke Energy Corp0.25%
Prudential Financial Inc0.25%
M&T Bank0.25%
Kimberly Clark0.24%
Simon Property Group Reit Inc0.23%
Carrier Global0.23%
Oneok0.21%
Universal Display Corp0.21%
Crown Castle Inc0.21%
General Mills Inc0.20%
Kinder Morgan0.19%
Kraft Heinz0.19%
Williams0.18%

Only in VIG

214 securities, 56.9% of VIG by weight

Microsoft Corp4.90%
Apple Inc4.89%
Broadcom Inc4.30%
Eli Lilly & Co4.10%
Visa Inc2.53%
Walmart Inc2.05%
Mastercard Inc1.97%
Cisco Systems Inc1.88%
Lam Research Corp1.82%
Costco Wholesale Corp1.79%
Caterpillar Inc1.65%
Texas Instruments Inc1.13%
KLA Corp1.13%
Goldman Sachs Group Inc/The1.09%
Oracle Corp1.05%
Linde PLC0.97%
Amphenol Corp0.92%
QUALCOMM Inc0.87%
Analog Devices Inc0.86%
Eaton Corp PLC0.74%
Danaher Corp0.61%
S&P Global Inc0.53%
Chubb Ltd0.51%
McKesson Corp0.44%
Stryker Corp0.43%
Emerson Electric Co0.38%
CSX Corp0.38%
Intercontinental Exchange Inc0.38%
Waste Management Inc0.34%
Intuit Inc0.33%
Motorola Solutions Inc0.33%
Sherwin-Williams Co/The0.33%
Cummins Inc0.31%
Ecolab Inc0.31%
Moody's Corp0.30%
Cintas Corp0.30%
Northrop Grumman Corp0.29%
TE Connectivity PLC0.27%
Aon PLC0.26%
Arthur J Gallagher & Co0.26%
Comfort Systems USA Inc0.26%
Cencora Inc0.25%
WW Grainger Inc0.24%
Nucor Corp0.23%
Cardinal Health Inc0.23%
Honeywell Aerospace Inc0.22%
Agilent Technologies Inc0.22%
Rockwell Automation Inc0.21%
L3Harris Technologies Inc0.20%
Xcel Energy Inc0.20%

Weight gaps

The 100 widest of 127 Holdings in both funds.

Holding weights in DIVB and VIG, widest gap first
Holding	Gap	DIVB	VIG
Accenture PLC Class AACN	DIVB +6.23 points	6.73%	0.50%
Automatic Data Processing IncADP	DIVB +4.78 points	5.23%	0.45%
International Business Machines CoIBM	DIVB +4.06 points	4.98%	0.92%
JPMorgan Chase & CoJPM	VIG +1.52 points	2.37%	3.89%
CdwCDW	DIVB +1.29 points	1.36%	0.07%
Broadridge Financial Solutions IncBR	DIVB +1.07 points	1.15%	0.08%
Microchip Technology IncMCHP	DIVB +0.83 points	1.02%	0.19%
Johnson & JohnsonJNJ	VIG +0.80 points	2.03%	2.83%
Exxonmobil Holdings CorpXOM	VIG +0.53 points	2.43%	2.96%
Jack Henry and Associates IncJKHY	DIVB +0.49 points	0.54%	0.05%
Morgan StanleyMS	VIG +0.49 points	0.50%	0.99%
Bank of AmericaBAC	VIG +0.45 points	1.12%	1.57%
Home DepotHD	VIG +0.44 points	0.82%	1.26%
Coca-ColaKO	VIG +0.38 points	1.10%	1.48%
Nextera EnergyNEE	VIG +0.34 points	0.36%	0.70%
BlackRockBLK	VIG +0.34 points	0.34%	0.68%
AvnetAVT	DIVB +0.29 points	0.33%	0.04%
Union PacificUNP	VIG +0.30 points	0.42%	0.72%
PepsicoPEP	DIVB +0.27 points	1.04%	0.77%
Merck & Co IncMRK	VIG +0.27 points	1.32%	1.59%
Amgen IncAMGN	VIG +0.26 points	0.75%	1.01%
Procter & GamblePG	DIVB +0.25 points	1.75%	1.50%
Starbucks CorpSBUX	VIG +0.24 points	0.23%	0.47%
Elevance Health IncELV	DIVB +0.24 points	0.60%	0.36%
Becton DickinsonBDX	DIVB +0.20 points	0.42%	0.22%
Entergy CorpETR	VIG +0.21 points	<0.01%	0.21%
General Dynamics CorpGD	VIG +0.18 points	0.19%	0.37%
D R HortonDHI	DIVB +0.18 points	0.33%	0.15%
American Electric Power IncAEP	VIG +0.18 points	0.11%	0.29%
FastenalFAST	VIG +0.16 points	0.09%	0.25%
Mcdonalds CorpMCD	VIG +0.16 points	0.56%	0.72%
Phillips 66PSX	VIG +0.16 points	0.29%	0.45%
Air Products and ChemicalsAPD	VIG +0.15 points	0.12%	0.27%
AflacAFL	DIVB +0.15 points	0.37%	0.22%
SempraSRE	VIG +0.15 points	0.08%	0.23%
AbbVieABBV	VIG +0.15 points	1.90%	2.05%
Lockheed MartinLMT	VIG +0.15 points	0.31%	0.46%
Mondelez International Class AMDLZ	DIVB +0.13 points	0.46%	0.33%
Constellation Brands Class ASTZ	DIVB +0.12 points	0.20%	0.08%
AmerenAEE	VIG +0.09 points	0.03%	0.12%
MetlifeMET	DIVB +0.09 points	0.31%	0.22%
Honeywell International IncHON	DIVB +0.08 points	0.38%	0.30%
Lowes Companies IncLOW	VIG +0.09 points	0.37%	0.46%
American Water WorksAWK	VIG +0.07 points	0.04%	0.11%
Archer Daniels MidlandADM	VIG +0.08 points	0.09%	0.17%
NisourceNI	VIG +0.07 points	<0.01%	0.08%
Cms EnergyCMS	VIG +0.08 points	0.01%	0.09%
Medtronic PLCMDT	DIVB +0.07 points	0.56%	0.49%
Ameriprise Finance IncAMP	DIVB +0.07 points	0.26%	0.19%
Travelers CompaniesTRV	DIVB +0.07 points	0.40%	0.33%
Bank of New York Mellon CorpBNY	VIG +0.06 points	0.37%	0.43%
Public Service Enterprise GroupPEG	VIG +0.05 points	0.10%	0.15%
Abbott LaboratoriesABT	VIG +0.05 points	0.71%	0.76%
Pnc Financial Services GroupPNC	VIG +0.05 points	0.33%	0.38%
Booz Allen Hamilton Holding ClassBAH	DIVB +0.05 points	0.09%	0.04%
Gilead SciencesGILD	VIG +0.05 points	0.77%	0.82%
Hartford Insurance GroupHIG	DIVB +0.04 points	0.19%	0.15%
Fifth Third BancorpFITB	VIG +0.04 points	0.16%	0.20%
Dte EnergyDTE	VIG +0.04 points	0.07%	0.11%
Allstate CorpALL	VIG +0.04 points	0.21%	0.25%
MarshMRSH	VIG +0.04 points	0.32%	0.36%
Tyson Foods Inc Class ATSN	DIVB +0.04 points	0.10%	0.06%
UnitedHealth GroupUNH	VIG +0.04 points	1.42%	1.46%
Principal Financial Group IncPFG	DIVB +0.03 points	0.13%	0.10%
Reinsurance Group of AmericaRGA	VIG +0.03 points	0.04%	0.07%
MascoMAS	DIVB +0.03 points	0.09%	0.06%
Essential Utilities IncWTRG	VIG +0.03 points	0.02%	0.05%
Alliant Energy CorpLNT	VIG +0.03 points	0.04%	0.07%
SyscoSYY	DIVB +0.03 points	0.20%	0.17%
Brown Forman Class BBF.B	DIVB +0.03 points	0.05%	0.02%
State StreetSTT	VIG +0.03 points	0.18%	0.21%
UnumUNM	DIVB +0.03 points	0.09%	0.06%
Cincinnati FinancialCINF	VIG +0.03 points	0.08%	0.11%
Rpm International IncRPM	VIG +0.03 points	0.03%	0.06%
Dt MidstreamDTM	VIG +0.02 points	0.03%	0.05%
AptargroupATR	DIVB +0.03 points	0.06%	0.03%
National Fuel GasNFG	VIG +0.02 points	<0.01%	0.03%
Snap On IncSNA	VIG +0.02 points	0.06%	0.08%
Zions BancorporationZION	VIG +0.02 points	0.02%	0.04%
Owens CorningOC	DIVB +0.02 points	0.06%	0.04%
MorningstarMORN	DIVB +0.02 points	0.04%	0.02%
Cme Group Class ACME	DIVB +0.02 points	0.44%	0.42%
PrimericaPRI	DIVB +0.01 points	0.05%	0.04%
Nike Class BNKE	DIVB +0.02 points	0.21%	0.19%
A O SmithAOS	DIVB +0.01 points	0.04%	0.03%
Ryder SystemR	DIVB +0.02 points	0.06%	0.04%
Ingredion IncINGR	DIVB +0.01 points	0.04%	0.03%
Factset Research SystemsFDS	DIVB +0.02 points	0.06%	0.04%
PoolPOOL	DIVB +0.01 points	0.04%	0.03%
Illinois Tool IncITW	VIG +0.02 points	0.28%	0.30%
WatscoWSO	VIG +0.01 points	0.04%	0.05%
United Community Banks IncUCB	VIG +0.01 points	<0.01%	0.02%
Avery Dennison CorpAVY	DIVB +0.01 points	0.07%	0.06%
Old Republic InternationalORI	DIVB +0.01 points	0.05%	0.04%
American Financial GroupAFG	VIG +0.01 points	0.03%	0.04%
Dicks SportingDKS	DIVB +0.01 points	0.05%	0.04%
Erie Indemnity Class AERIE	VIG +0.02 points	0.01%	0.03%
First Financial Bankshares IncFFIN	VIG +0.01 points	<0.01%	0.02%
Oshkosh CorpOSK	VIG +0.01 points	0.03%	0.04%
International Bancshares CorpIBOC	VIG +0.01 points	<0.01%	0.02%

All 380 DIVB holdings⁠All 333 VIG 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.

DIVB vs VIG Cost

Overpaying DIVB vs VIG

$211

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

DIVB 0.05%
$1,060
VIG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
VIG 0.04%
Overpaying

Year by year

Year	DIVB	VIG	Overpaying
10	$92	$73	$19
20	$360	$288	$72
30	$1,060	$849	$211

Expense ratio

0.05%DIVB
0.04%VIG, cheaper

VIG0.04%DIVB0.05%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

VIG cheapest of 52 funds

DIVB 2nd cheapest of 52 funds

DIVB vs VIG Dividends

Last 12 months to Nov 6, 2026

Yield (12M): DIVB 2.11%, better; VIG 1.50%
Payout (12M): DIVB $1.48; VIG $3.65
Last payment: DIVB $0.42; VIG $0.93
Ex-dividend: DIVB Sep 15, 2026; VIG Sep 28, 2026
Paid on: DIVB Sep 18, 2026; VIG Sep 30, 2026
Frequency: DIVB Quarterly; VIG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DIVBQuarterly · 36 paymentsAll DIVB payments⁠

VIGQuarterly · 39 paymentsAll VIG payments⁠

DIVB vs VIG Risk

Fall from peak · 5 years

DIVB
VIG

Risk facts

VolatilityStd dev, 3 years: DIVB 14.0%VIG 10.6%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.58, betterVIG 1.33
Worst fallMax drawdown, 5 years: DIVB −21.1%VIG −20.4%, better
Market sensitivityBeta, 5 years: DIVB 0.88VIG 0.80; Market = 1

DIVB and VIG in the news

All news⁠

Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026DIVBVIG
New ETFs
Eventide lists two ETFs at 0.75% and 0.95% for strategies it already runs
Oct 30, 2026VIG
Head-to-Head
SCHD yields twice what VIG does. Over 10 years, VIG still leads.
Oct 22, 2026VIG
Best ETFs
Schwab's dividend ETF returned 22.8% in a year. Its income rate still trails a one-month bill.
Updated Oct 2, 2026VIG
First-Year Review
EASY's first year trailed the defensive index it names
Sep 30, 2026VIG
New ETFs
Raub Brock lists HQDG, an active dividend-growth ETF priced at 0.50%
Sep 8, 2026VIG

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DIVB vs VIG

In short

Stated mandate

Why people hold it