DGRO vs. AMT
DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index, while AMT (American Tower Corporation) is a stock. Over the past 10 years, DGRO returned 13.52%/yr vs 8.47%/yr for AMT. At a 0.41 correlation, their price movements are largely independent.
Performance
DGRO vs. AMT - Performance Comparison
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Returns By Period
In the year-to-date period, DGRO achieves a 9.86% return, which is significantly higher than AMT's 8.71% return. Over the past 10 years, DGRO has outperformed AMT with an annualized return of 13.52%, while AMT has yielded a comparatively lower 8.47% annualized return.
DGRO
- 1D
- 0.69%
- 1M
- 2.86%
- YTD
- 9.86%
- 6M
- 9.27%
- 1Y
- 23.49%
- 3Y*
- 16.74%
- 5Y*
- 10.82%
- 10Y*
- 13.52%
AMT
- 1D
- -0.18%
- 1M
- 10.83%
- YTD
- 8.71%
- 6M
- 6.65%
- 1Y
- -9.49%
- 3Y*
- 3.15%
- 5Y*
- -3.91%
- 10Y*
- 8.47%
DGRO vs. AMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
AMT American Tower Corporation | 8.71% | -0.92% | -12.16% | 5.37% | -25.67% | 32.89% | -0.48% | 47.87% | 13.32% | 37.71% |
Correlation
The correlation between DGRO and AMT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014 | 0.41 |
The correlation between DGRO and AMT shifts across timeframes, from 0.26 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DGRO vs. AMT — Risk / Return Rank
DGRO
AMT
DGRO vs. AMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Dividend Growth ETF (DGRO) and American Tower Corporation (AMT). 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.
| DGRO | AMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.75 | ||
| Sortino ratioReturn per unit of downside risk | +3.83 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.95 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | -0.38 | +3.83 |
| Martin ratioReturn relative to average drawdown | 13.36 | -0.54 | +13.91 |
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Drawdowns
DGRO vs. AMT - Drawdown Comparison
The maximum DGRO drawdown since its inception was -35.10%, smaller than the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for DGRO and AMT.
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Drawdown Indicators
| DGRO | AMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.10% | -98.70% | +63.60% |
Max Drawdown (1Y)Largest decline over 1 year | -6.47% | -26.67% | +20.20% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -27.54% | +13.51% |
Max Drawdown (5Y)Largest decline over 5 years | -19.31% | -45.34% | +26.03% |
Max Drawdown (10Y)Largest decline over 10 years | -35.10% | -45.34% | +10.24% |
Current DrawdownCurrent decline from peak | 0.00% | -27.92% | +27.92% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -27.02% | +23.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 18.40% | -16.72% |
Volatility
DGRO vs. AMT - Volatility Comparison
The current volatility for iShares Core Dividend Growth ETF (DGRO) is 2.64%, while American Tower Corporation (AMT) has a volatility of 9.22%. This indicates that DGRO experiences smaller price fluctuations and is considered to be less risky than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DGRO | AMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | 9.22% | -6.58% |
Volatility (6M)Calculated over the trailing 6-month period | 6.96% | 19.39% | -12.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.59% | 24.22% | -14.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.83% | 26.39% | -12.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | 26.21% | -9.59% |
Dividends
DGRO vs. AMT - Dividend Comparison
DGRO's dividend yield for the trailing twelve months is around 1.94%, less than AMT's 4.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMT American Tower Corporation | 3.73% | 3.87% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% |
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
DGRO and AMT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMT has higher volatility (9.22%) compared to DGRO (2.64%). In terms of maximum drawdown, DGRO dropped -35.10% vs AMT's -98.70%.
DGRO currently has the higher Sharpe Ratio (2.34 vs -0.42), 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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