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DGRO vs. DVY

Last updated Jun 3, 2023

Compare and contrast key facts about iShares Core Dividend Growth ETF (DGRO) and iShares Select Dividend ETF (DVY).

DGRO and DVY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. DVY is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Dividend Index. It was launched on Nov 3, 2003. Both DGRO and DVY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGRO or DVY.

Key characteristics


DGRODVY
YTD Return1.24%-6.66%
1Y Return0.15%-11.21%
5Y Return (Ann)10.30%6.45%
10Y Return (Ann)10.78%9.30%
Sharpe Ratio0.08-0.57
Daily Std Dev17.88%18.81%
Max Drawdown-35.10%-62.59%

Correlation

0.88
-1.001.00

The correlation between DGRO and DVY is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

DGRO vs. DVY - Performance Comparison

In the year-to-date period, DGRO achieves a 1.24% return, which is significantly lower than DVY's -6.66% return. Over the past 10 years, DGRO has outperformed DVY with an annualized return of 10.78%, while DVY has yielded a comparatively lower 9.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%2023FebruaryMarchAprilMayJune
-0.75%
-7.76%
DGRO
DVY

Compare stocks, funds, or ETFs


iShares Core Dividend Growth ETF

iShares Select Dividend ETF

DGRO vs. DVY - Dividend Comparison

DGRO's dividend yield for the trailing twelve months is around 2.91%, less than DVY's 4.61% yield.


TTM20222021202020192018201720162015201420132012
DGRO
iShares Core Dividend Growth ETF
2.91%2.35%1.99%2.41%2.39%2.70%2.30%2.63%2.99%1.18%0.00%0.00%
DVY
iShares Select Dividend ETF
4.61%3.46%3.26%3.95%3.84%4.18%3.62%3.79%4.43%4.03%4.21%5.26%

DGRO vs. DVY - Expense Ratio Comparison

DGRO has a 0.08% expense ratio, which is lower than DVY's 0.39% expense ratio.

DGRO vs. DVY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Dividend Growth ETF (DGRO) and iShares Select Dividend ETF (DVY). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
DGRO
iShares Core Dividend Growth ETF
0.08
DVY
iShares Select Dividend ETF
-0.57

DGRO vs. DVY - Sharpe Ratio Comparison

The current DGRO Sharpe Ratio is 0.08, which is higher than the DVY Sharpe Ratio of -0.57. The chart below compares the 12-month rolling Sharpe Ratio of DGRO and DVY.


-0.80-0.60-0.40-0.200.000.200.402023FebruaryMarchAprilMayJune
0.08
-0.57
DGRO
DVY

DGRO vs. DVY - Drawdown Comparison

The maximum DGRO drawdown for the period was -12.13%, roughly equal to the maximum DVY drawdown of -14.87%. The drawdown chart below compares losses from any high point along the way for DGRO and DVY


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%2023FebruaryMarchAprilMayJune
-7.56%
-12.46%
DGRO
DVY

DGRO vs. DVY - Volatility Comparison

The current volatility for iShares Core Dividend Growth ETF (DGRO) is 3.56%, while iShares Select Dividend ETF (DVY) has a volatility of 4.63%. This indicates that DGRO experiences smaller price fluctuations and is considered to be less risky than DVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%2023FebruaryMarchAprilMayJune
3.56%
4.63%
DGRO
DVY