FSTA vs. DGRO

Last updated Jun 14, 2026

FSTA (Fidelity MSCI Consumer Staples Index ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - FSTA is a Consumer Staples Equities fund tracking the MSCI USA IMI Consumer Staples Index, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. Over the past 10 years, FSTA returned 8.01%/yr vs 13.52%/yr for DGRO. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.08% expense ratio.

Performance

FSTA vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Consumer Staples Index ETF (FSTA) 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, FSTA achieves a 10.62% return, which is significantly higher than DGRO's 9.86% return. Over the past 10 years, FSTA has underperformed DGRO with an annualized return of 8.01%, while DGRO has yielded a comparatively higher 13.52% annualized return.

FSTA

• 1D: 0.69%
• 1M: 0.50%
• YTD: 10.62%
• 6M: 8.66%
• 1Y: 8.41%
• 3Y*: 8.97%
• 5Y*: 7.07%
• 10Y*: 8.01%

DGRO

• 1D: 0.69%
• 1M: 3.48%
• YTD: 9.86%
• 6M: 9.27%
• 1Y: 23.49%
• 3Y*: 16.74%
• 5Y*: 10.82%
• 10Y*: 13.52%

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

FSTA vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSTA Fidelity MSCI Consumer Staples Index ETF	10.62%	1.82%	13.31%	2.29%	-1.72%	17.44%	10.96%	26.84%	-8.49%	12.71%
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%

Correlation

The correlation between FSTA and DGRO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014	0.69

Over the past year, the correlation between FSTA and DGRO has dropped to 0.42 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

FSTA vs. DGRO - Sectors Allocation Comparison

Sectors	FSTA	DGRO
Consumer Defensive	97.6%	11.1%
Consumer Cyclical	1.7%	5.4%
Industrials	0.3%	10.4%
Basic Materials	0.3%	2.4%
Healthcare	0.0%	16.5%
Communication Services	-	0.1%
Energy	-	5.1%
Financial Services	-	20.6%
Real Estate	-	-
Technology	-	22.0%
Utilities	-	6.4%

Return for Risk

FSTA vs. DGRO — Risk / Return Rank

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

FSTA

FSTA Risk / Return Rank: 19
FSTA Sharpe Ratio Rank: 20
FSTA Sortino Ratio Rank: 19
FSTA Omega Ratio Rank: 18
FSTA Calmar Ratio Rank: 20
FSTA Martin Ratio Rank: 18

DGRO

DGRO Risk / Return Rank: 82
DGRO Sharpe Ratio Rank: 84
DGRO Sortino Ratio Rank: 87
DGRO Omega Ratio Rank: 82
DGRO Calmar Ratio Rank: 77
DGRO Martin Ratio Rank: 79

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.

FSTA vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Staples Index ETF (FSTA) 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.

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.

	FSTA	DGRO	Difference
Sharpe ratio: Return per unit of total volatility	0.57	2.34	-1.76
Sortino ratio: Return per unit of downside risk	0.91	3.40	-2.48
Omega ratio: Gain probability vs. loss probability	1.10	1.42	-0.31
Calmar ratio: Return relative to maximum drawdown	0.78	3.46	-2.68
Martin ratio: Return relative to average drawdown	1.56	13.36	-11.80

FSTA vs. DGRO - Sharpe Ratio Comparison

The current FSTA Sharpe Ratio is 0.57, which is lower than the DGRO Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of FSTA 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.

Drawdowns

FSTA vs. DGRO - Drawdown Comparison

The maximum FSTA drawdown since its inception was -25.13%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FSTA and DGRO.

Drawdown Indicators

	FSTA	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-35.10%	+9.97%
Max Drawdown (1Y) Largest decline over 1 year	-9.29%	-6.47%	-2.82%
Max Drawdown (3Y) Largest decline over 3 years	-11.76%	-14.03%	+2.27%
Max Drawdown (5Y) Largest decline over 5 years	-16.58%	-19.31%	+2.73%
Max Drawdown (10Y) Largest decline over 10 years	-25.13%	-35.10%	+9.97%
Current Drawdown Current decline from peak	-4.38%	0.00%	-4.38%
Average Drawdown Average peak-to-trough decline	-3.56%	-3.44%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.62%	1.68%	+2.94%

Volatility

FSTA vs. DGRO - Volatility Comparison

Fidelity MSCI Consumer Staples Index ETF (FSTA) has a higher volatility of 4.62% compared to iShares Core Dividend Growth ETF (DGRO) at 2.64%. This indicates that FSTA'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

	FSTA	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.62%	2.64%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	6.96%	+3.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	9.59%	+2.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.15%	13.83%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	16.62%	-2.05%

FSTA vs. DGRO - Expense Ratio Comparison

Both FSTA and DGRO have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FSTA vs. DGRO - Dividend Comparison

FSTA's dividend yield for the trailing twelve months is around 2.15%, more than DGRO's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FSTA Fidelity MSCI Consumer Staples Index ETF	2.15%	2.34%	2.25%	2.66%	2.26%	2.15%	2.47%	2.46%	3.01%	2.42%	2.53%	2.86%

Frequently Asked Questions

Can I hold both FSTA and DGRO in my portfolio?

FSTA and DGRO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSTA or DGRO?

FSTA has higher volatility (4.62%) compared to DGRO (2.64%). In terms of maximum drawdown, FSTA dropped -25.13% vs DGRO's -35.10%.

Which ETF is better, FSTA or DGRO?

On 10-year performance, DGRO leads with 13.52% vs 8.01% for FSTA. Both ETFs have the same 0.08% expense ratio. On volatility, DGRO has been the lower-risk option at 2.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSTA or DGRO?

Over the 10-year period, DGRO has performed better with a 13.52% return vs 8.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSTA or DGRO?

FSTA and DGRO have the same expense ratio: 0.08% per year.

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

FSTA has the higher dividend yield at 2.15%, compared with 1.94% for DGRO.

What is the main difference between FSTA and DGRO?

FSTA is categorized as Consumer Staples Equities, while DGRO is Large Cap Growth Equities. FSTA tracks MSCI USA IMI Consumer Staples Index, while DGRO tracks Morningstar US Dividend Growth Index. They also come from different issuers: Fidelity and iShares.

Which has better risk-adjusted returns?

DGRO currently has the higher Sharpe Ratio (2.34 vs 0.57), 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.