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AVGO vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AVGO vs. DGRO

Last updated Jun 13, 2026

AVGO (Broadcom Inc.) is a stock, while DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 10 years, AVGO returned 40.96%/yr vs 13.52%/yr for DGRO. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

AVGO vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Broadcom Inc. (AVGO) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AVGO achieves a 10.62% return, which is significantly higher than DGRO's 9.86% return. Over the past 10 years, AVGO has outperformed DGRO with an annualized return of 40.96%, while DGRO has yielded a comparatively lower 13.52% annualized return.

AVGO

1D
-0.91%
1M
-8.33%
YTD
10.62%
6M
6.58%
1Y
50.41%
3Y*
67.17%
5Y*
55.09%
10Y*
40.96%

DGRO

1D
0.69%
1M
3.74%
YTD
9.86%
6M
9.27%
1Y
22.26%
3Y*
16.74%
5Y*
10.82%
10Y*
13.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGO vs. DGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AVGO
Broadcom Inc.		10.62%50.63%110.49%104.18%-13.27%56.48%44.88%29.05%2.18%48.19%
DGRO
iShares Core Dividend Growth ETF		9.86%15.69%16.62%10.47%-7.91%26.64%9.50%29.87%-2.38%23.00%

Correlation

The correlation between AVGO and DGRO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (3Y)
Calculated over the trailing 3-year period

0.35

Correlation (5Y)
Calculated over the trailing 5-year period

0.48

Correlation (10Y)
Calculated over the trailing 10-year period

0.52

Correlation (All Time)
Calculated using the full available price history since Jun 12, 2014

0.53

Over the past year, the correlation between AVGO and DGRO has dropped to 0.24 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

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Broadcom Inc.

iShares Core Dividend Growth ETF

Often compared with AVGO:
AVGO vs. NVDAAVGO vs. MRVLAVGO vs. QCOMAVGO vs. VOOAVGO vs. AAPLAVGO vs. ^GSPCAVGO vs. SCHD
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

AVGO vs. DGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AVGO
AVGO Risk / Return Rank: 7474
Overall Rank
AVGO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
AVGO Sortino Ratio Rank: 7171
Sortino Ratio Rank
AVGO Omega Ratio Rank: 7272
Omega Ratio Rank
AVGO Calmar Ratio Rank: 7474
Calmar Ratio Rank
AVGO Martin Ratio Rank: 7474
Martin Ratio Rank
DGRO
DGRO Risk / Return Rank: 8282
Overall Rank
DGRO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 8787
Sortino Ratio Rank
DGRO Omega Ratio Rank: 8282
Omega Ratio Rank
DGRO Calmar Ratio Rank: 7777
Calmar Ratio Rank
DGRO Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVGO vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and iShares Core Dividend Growth ETF (DGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

AVGODGRODifference
Sharpe ratioReturn per unit of total volatility
1.11
2.34

-1.22

Sortino ratioReturn per unit of downside risk
1.69
3.40

-1.71

Omega ratioGain probability vs. loss probability

1.22

1.42

-0.20

Calmar ratioReturn relative to maximum drawdown

1.77

3.46

-1.69

Martin ratioReturn relative to average drawdown

4.11

13.36

-9.25

AVGO vs. DGRO - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 1.11, which is lower than the DGRO Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of AVGO and DGRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

AVGO vs. DGRO - Drawdown Comparison

The maximum AVGO drawdown since its inception was -48.30%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for AVGO and DGRO.

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Drawdown Indicators

AVGODGRODifference

Max Drawdown

Largest peak-to-trough decline

-48.30%

-35.10%

-13.20%

Max Drawdown (1Y)

Largest decline over 1 year

-28.67%

-6.47%

-22.20%

Max Drawdown (3Y)

Largest decline over 3 years

-41.15%

-14.03%

-27.12%

Max Drawdown (5Y)

Largest decline over 5 years

-41.15%

-19.31%

-21.84%

Max Drawdown (10Y)

Largest decline over 10 years

-48.30%

-35.10%

-13.20%

Current Drawdown

Current decline from peak

-20.66%

0.00%

-20.66%

Average Drawdown

Average peak-to-trough decline

-7.98%

-3.44%

-4.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.30%

1.68%

+10.62%

Volatility

AVGO vs. DGRO - Volatility Comparison

Broadcom Inc. (AVGO) has a higher volatility of 20.53% compared to iShares Core Dividend Growth ETF (DGRO) at 2.64%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AVGODGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

20.53%

2.64%

+17.89%

Volatility (6M)

Calculated over the trailing 6-month period

35.04%

6.96%

+28.08%

Volatility (1Y)

Calculated over the trailing 1-year period

45.57%

9.59%

+35.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.39%

13.83%

+29.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.52%

16.62%

+22.90%

Dividends

AVGO vs. DGRO - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 0.65%, less than DGRO's 1.94% yield.

PositionTTM20252024202320222021202020192018201720162015
AVGO
Broadcom Inc.		0.65%0.70%0.94%1.71%3.02%2.24%3.05%3.54%3.11%1.87%1.43%1.13%
DGRO
iShares Core Dividend Growth ETF		1.94%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%

Frequently Asked Questions

AVGO and DGRO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AVGO has higher volatility (20.53%) compared to DGRO (2.64%). In terms of maximum drawdown, AVGO dropped -48.30% vs DGRO's -35.10%.

DGRO currently has the higher Sharpe Ratio (2.34 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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