DIHP vs. DGRO

Last updated Jun 4, 2026

DIHP (Dimensional International High Profitability ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - DIHP is a Foreign Large Cap Equities fund actively managed by Dimensional, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. DIHP is actively managed, while DGRO is passively managed. Over the past 3 years, DIHP returned 14.52%/yr vs 16.99%/yr for DGRO. A 0.74 correlation means they provide meaningful diversification when combined. DIHP charges 0.29%/yr vs 0.08%/yr for DGRO.

Performance

DIHP vs. DGRO - Performance Comparison

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

Returns By Period

In the year-to-date period, DIHP achieves a 8.04% return, which is significantly lower than DGRO's 8.76% return.

DIHP

• 1D: -0.57%
• 1M: 2.71%
• YTD: 8.04%
• 6M: 9.40%
• 1Y: 19.11%
• 3Y*: 14.52%
• 5Y*: —
• 10Y*: —

DGRO

• 1D: -0.28%
• 1M: 3.14%
• YTD: 8.76%
• 6M: 8.75%
• 1Y: 22.54%
• 3Y*: 16.99%
• 5Y*: 10.54%
• 10Y*: 13.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIHP vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIHP Dimensional International High Profitability ETF	8.04%	28.26%	0.50%	19.07%	-10.88%
DGRO iShares Core Dividend Growth ETF	8.76%	15.69%	16.62%	10.47%	-4.59%

Correlation

The correlation between DIHP and DGRO is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Mar 25, 2022	0.74

The correlation between DIHP and DGRO has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.

DIHP vs. DGRO - Sectors Allocation Comparison

Sectors	DIHP	DGRO
Industrials	21.6%	10.8%
Technology	13.1%	19.4%
Consumer Cyclical	11.4%	5.7%
Healthcare	11.1%	16.4%
Financial Services	10.6%	21.2%
Consumer Defensive	9.1%	11.5%
Basic Materials	7.7%	2.5%
Energy	6.0%	5.6%
Communication Services	5.9%	0.1%
Utilities	2.7%	6.9%
Real Estate	0.4%	-

Return for Risk

DIHP vs. DGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIHP

DIHP Risk / Return Rank: 38
DIHP Sharpe Ratio Rank: 39
DIHP Sortino Ratio Rank: 38
DIHP Omega Ratio Rank: 39
DIHP Calmar Ratio Rank: 36
DIHP Martin Ratio Rank: 40

DGRO

DGRO Risk / Return Rank: 71
DGRO Sharpe Ratio Rank: 71
DGRO Sortino Ratio Rank: 76
DGRO Omega Ratio Rank: 70
DGRO Calmar Ratio Rank: 69
DGRO Martin Ratio Rank: 71

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.

DIHP vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International High Profitability ETF (DIHP) 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.

	DIHP	DGRO	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.39	-0.99
Sortino ratio: Return per unit of downside risk	2.00	3.49	-1.49
Omega ratio: Gain probability vs. loss probability	1.25	1.43	-0.18
Calmar ratio: Return relative to maximum drawdown	1.76	3.50	-1.74
Martin ratio: Return relative to average drawdown	6.42	13.52	-7.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIHP vs. DGRO - Sharpe Ratio Comparison

The current DIHP Sharpe Ratio is 1.40, which is lower than the DGRO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of DIHP 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.

Sharpe Ratios by Period

	DIHP	DGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	2.39	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.76	-0.16

Drawdowns

DIHP vs. DGRO - Drawdown Comparison

The maximum DIHP drawdown since its inception was -24.94%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for DIHP and DGRO.

Drawdown Indicators

	DIHP	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-35.10%	+10.16%
Max Drawdown (1Y) Largest decline over 1 year	-10.92%	-6.47%	-4.45%
Max Drawdown (3Y) Largest decline over 3 years	-12.42%	-14.03%	+1.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-2.76%	-0.28%	-2.48%
Average Drawdown Average peak-to-trough decline	-4.85%	-3.44%	-1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	1.67%	+1.31%

Volatility

DIHP vs. DGRO - Volatility Comparison

Dimensional International High Profitability ETF (DIHP) has a higher volatility of 4.27% compared to iShares Core Dividend Growth ETF (DGRO) at 2.21%. This indicates that DIHP'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.

Volatility by Period

	DIHP	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	2.21%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	6.91%	+4.40%
Volatility (1Y) Calculated over the trailing 1-year period	13.74%	9.48%	+4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	13.82%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.25%	16.62%	-0.37%

DIHP vs. DGRO - Expense Ratio Comparison

DIHP has a 0.29% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

DIHP vs. DGRO - Dividend Comparison

DIHP's dividend yield for the trailing twelve months is around 2.02%, more than DGRO's 1.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRO iShares Core Dividend Growth ETF	1.96%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%
DIHP Dimensional International High Profitability ETF	2.02%	2.02%	2.30%	2.17%	1.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIHP and DGRO in my portfolio?

DIHP and DGRO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIHP or DGRO?

DIHP has higher volatility (4.27%) compared to DGRO (2.21%). In terms of maximum drawdown, DIHP dropped -24.94% vs DGRO's -35.10%.

Which ETF is better, DIHP or DGRO?

On 3-year performance, DGRO leads with 16.99% vs 14.52% for DIHP. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIHP or DGRO?

Over the 3-year period, DGRO has performed better with a 16.99% return vs 14.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIHP or DGRO?

DGRO is cheaper with a 0.08% expense ratio, compared with 0.29% for DIHP.

Which ETF pays a higher dividend yield, DIHP or DGRO?

DIHP has the higher dividend yield at 2.02%, compared with 1.96% for DGRO.

What is the main difference between DIHP and DGRO?

DIHP is categorized as Foreign Large Cap Equities, while DGRO is Large Cap Growth Equities. They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.29% for DIHP and 0.08% for DGRO.

Which has better risk-adjusted returns?

DGRO currently has the higher Sharpe Ratio (2.39 vs 1.40), 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.