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FID vs. IGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FID vs. IGRO

Last updated Aug 2, 2026
Documentation

FID (First Trust S&P International Dividend Aristocrats ETF) and IGRO (iShares International Dividend Growth ETF) are both Foreign Large Cap Equities funds - FID tracks the S&P International Dividend Aristocrats Index while IGRO tracks the Morningstar Global ex-US Dividend Growth Index (Net). Both are passively managed. Over the past 5 years, FID returned 9.22%/yr vs 9.24%/yr for IGRO. Their 0.77 correlation means they have sometimes moved together and sometimes differently. FID charges 0.60%/yr vs 0.15%/yr for IGRO.

Performance

FID vs. IGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S&P International Dividend Aristocrats ETF (FID) and iShares International Dividend Growth ETF (IGRO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with FID having a 12.00% return and IGRO slightly higher at 12.57%.

FID

1D
-0.73%
1M
4.74%
6M
6.98%
YTD
12.00%
1Y
22.36%
3Y*
17.85%
5Y*
9.22%
10Y*
—
ALL TIME*
7.76%

IGRO

1D
-0.91%
1M
2.78%
6M
8.51%
YTD
12.57%
1Y
23.88%
3Y*
16.37%
5Y*
9.24%
10Y*
9.13%
ALL TIME*
9.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FID

First Trust S&P International Dividend Aristocrats ETF
$225.23K$253.81K$348.67K

IGRO

iShares International Dividend Growth ETF
$3.88M$3.27M$3.72M

FID vs. IGRO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FID
First Trust S&P International Dividend Aristocrats ETF		12.00%32.07%5.42%9.92%-9.69%12.90%-7.56%20.82%-7.38%
IGRO
iShares International Dividend Growth ETF		12.57%25.03%7.78%15.38%-12.72%9.94%7.71%26.13%-13.24%

Correlation

The correlation between FID and IGRO is 0.82, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.82

Correlation (3Y)
Balances recent behavior with more history.

0.80

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.81

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2018

0.77

The correlation between FID and IGRO has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

FID vs. IGRO - Sectors Allocation Comparison

Sectors
FID
IGRO

Financial Services

20.5%
36.2%

Utilities

16.9%
7.1%

Industrials

12.8%
12.9%

Communication Services

10.7%
1.7%

Real Estate

9.4%
0.3%

Energy

7.9%
2.2%

Technology

6.2%
6.7%

Basic Materials

4.6%
3.1%

Consumer Cyclical

4.0%
5.9%

Consumer Defensive

3.7%
9.4%

Healthcare

3.5%
14.4%

Financial Services

FID
20.5%
IGRO
36.2%

Utilities

FID
16.9%
IGRO
7.1%

Industrials

FID
12.8%
IGRO
12.9%

Communication Services

FID
10.7%
IGRO
1.7%

Real Estate

FID
9.4%
IGRO
0.3%

Energy

FID
7.9%
IGRO
2.2%

Technology

FID
6.2%
IGRO
6.7%

Basic Materials

FID
4.6%
IGRO
3.1%

Consumer Cyclical

FID
4.0%
IGRO
5.9%

Consumer Defensive

FID
3.7%
IGRO
9.4%

Healthcare

FID
3.5%
IGRO
14.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust S&P International Dividend Aristocrats ETF

iShares International Dividend Growth ETF

Often compared with FID:
FID vs. EFAVFID vs. KNGFID vs. VIGFID vs. FDFIXFID vs. BRK-BFID vs. VIGIFID vs. VXUS
Often compared with IGRO:
IGRO vs. VIGIIGRO vs. SCHYIGRO vs. IDVIGRO vs. DGROIGRO vs. IHDGIGRO vs. FDEMIGRO vs. DGRE

Return for Risk

FID vs. IGRO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FID
FID Risk / Return Rank: 8282
Overall Rank
FID Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FID Sortino Ratio Rank: 8989
Sortino Ratio Rank
FID Omega Ratio Rank: 8888
Omega Ratio Rank
FID Calmar Ratio Rank: 7272
Calmar Ratio Rank
FID Martin Ratio Rank: 6969
Martin Ratio Rank
IGRO
IGRO Risk / Return Rank: 7979
Overall Rank
IGRO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
IGRO Sortino Ratio Rank: 8383
Sortino Ratio Rank
IGRO Omega Ratio Rank: 8383
Omega Ratio Rank
IGRO Calmar Ratio Rank: 7070
Calmar Ratio Rank
IGRO Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FID vs. IGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S&P International Dividend Aristocrats ETF (FID) and iShares International Dividend Growth ETF (IGRO). 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.

FIDIGRODifference
Sharpe ratioReturn per unit of total volatility
2.20
1.93

+0.28

Sortino ratioReturn per unit of downside risk
3.09
2.73

+0.36

Omega ratioGain probability vs. loss probability

1.40

1.35

+0.05

Calmar ratioReturn relative to maximum drawdown

2.50

2.42

+0.08

Martin ratioReturn relative to average drawdown

8.46

9.41

-0.95

FID vs. IGRO - Sharpe Ratio Comparison

The current FID Sharpe Ratio is 2.20, which is comparable to the IGRO Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of FID and IGRO, 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

FID vs. IGRO - Drawdown Comparison

The maximum FID drawdown since its inception was -39.79%, which is greater than IGRO's maximum drawdown of -36.25%. Use the drawdown chart below to compare losses from any high point for FID and IGRO.

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Drawdown Indicators

FIDIGRODifference

Max Drawdown

Largest peak-to-trough decline

-39.79%

-36.25%

-3.54%

Max Drawdown (1Y)

Largest decline over 1 year

-8.93%

-10.00%

+1.07%

Max Drawdown (3Y)

Largest decline over 3 years

-9.61%

-11.13%

+1.52%

Max Drawdown (5Y)

Largest decline over 5 years

-29.13%

-25.98%

-3.15%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.25%

—

Current Drawdown

Current decline from peak

-0.73%

-0.91%

+0.18%

Average Drawdown

Average peak-to-trough decline

-8.33%

-5.61%

-2.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.64%

2.56%

+0.08%

Volatility

FID vs. IGRO - Volatility Comparison

The current volatility for First Trust S&P International Dividend Aristocrats ETF (FID) is 2.53%, while iShares International Dividend Growth ETF (IGRO) has a volatility of 3.45%. This indicates that FID experiences smaller price fluctuations and is considered to be less risky than IGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FIDIGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.53%

3.45%

-0.92%

Volatility (6M)

Calculated over the trailing 6-month period

8.52%

10.75%

-2.23%

Volatility (1Y)

Calculated over the trailing 1-year period

10.17%

12.59%

-2.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.02%

13.92%

+3.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.82%

16.58%

+2.24%

FID vs. IGRO - Expense Ratio Comparison

FID has a 0.60% expense ratio, which is higher than IGRO's 0.15% expense ratio.

Dividends

FID vs. IGRO - Dividend Comparison

FID's dividend yield for the trailing twelve months is around 4.05%, more than IGRO's 2.64% yield.

PositionTTM2025202420232022202120202019201820172016
FID
First Trust S&P International Dividend Aristocrats ETF		4.05%4.30%4.31%4.19%4.22%3.76%3.91%3.70%1.74%0.00%0.00%
IGRO
iShares International Dividend Growth ETF		2.64%2.51%2.44%2.79%2.69%2.27%2.41%2.65%2.97%2.43%1.18%

Frequently Asked Questions

FID and IGRO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IGRO has higher volatility (3.45%) compared to FID (2.53%). In terms of maximum drawdown, FID dropped -39.79% vs IGRO's -36.25%.

On 5-year performance, IGRO leads with 9.24% vs 9.22% for FID. On fees, IGRO is cheaper at 0.15% per year. On volatility, FID has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IGRO has performed better with a 9.24% return vs 9.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGRO is cheaper with a 0.15% expense ratio, compared with 0.60% for FID.

FID has the higher dividend yield at 4.05%, compared with 2.64% for IGRO.

FID tracks S&P International Dividend Aristocrats Index, while IGRO tracks Morningstar Global ex-US Dividend Growth Index (Net). They also come from different issuers: First Trust and iShares. Their fees differ too: 0.60% for FID and 0.15% for IGRO.

FID currently has the higher Sharpe Ratio (2.20 vs 1.93), 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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