DGRO vs. DVY
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
| DGRO | DVY | |
|---|---|---|
| YTD Return | 1.24% | -6.66% |
| 1Y Return | 0.15% | -11.21% |
| 5Y Return (Ann) | 10.30% | 6.45% |
| 10Y Return (Ann) | 10.78% | 9.30% |
| Sharpe Ratio | 0.08 | -0.57 |
| Daily Std Dev | 17.88% | 18.81% |
| Max Drawdown | -35.10% | -62.59% |
Correlation
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.
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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.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 0.08 | ||||
DVY iShares Select Dividend ETF | -0.57 |
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
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.