HDV vs. DGRO
Compare and contrast key facts about iShares Core High Dividend ETF (HDV) and iShares Core Dividend Growth ETF (DGRO).
HDV and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011. 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. Both HDV and DGRO 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: HDV or DGRO.
Correlation
The correlation between HDV and DGRO is 0.87, 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.
Performance
HDV vs. DGRO - Performance Comparison
Key characteristics
HDV:
1.55
DGRO:
1.91
HDV:
2.27
DGRO:
2.69
HDV:
1.28
DGRO:
1.35
HDV:
1.98
DGRO:
3.15
HDV:
8.99
DGRO:
11.43
HDV:
1.70%
DGRO:
1.63%
HDV:
9.88%
DGRO:
9.75%
HDV:
-37.04%
DGRO:
-35.10%
HDV:
-6.79%
DGRO:
-4.91%
Returns By Period
In the year-to-date period, HDV achieves a 13.83% return, which is significantly lower than DGRO's 16.70% return. Over the past 10 years, HDV has underperformed DGRO with an annualized return of 7.63%, while DGRO has yielded a comparatively higher 11.26% annualized return.
HDV
13.83%
-4.84%
5.65%
14.66%
6.71%
7.63%
DGRO
16.70%
-2.05%
7.52%
17.72%
10.51%
11.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HDV vs. DGRO - Expense Ratio Comparison
Both HDV 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%.
Risk-Adjusted Performance
HDV vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core High Dividend ETF (HDV) 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.
Dividends
HDV vs. DGRO - Dividend Comparison
HDV's dividend yield for the trailing twelve months is around 3.68%, more than DGRO's 2.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.68% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% | 3.20% | 3.17% |
DGRO iShares Core Dividend Growth ETF | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
HDV vs. DGRO - Drawdown Comparison
The maximum HDV drawdown since its inception was -37.04%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for HDV and DGRO. For additional features, visit the drawdowns tool.
Volatility
HDV vs. DGRO - Volatility Comparison
iShares Core High Dividend ETF (HDV) and iShares Core Dividend Growth ETF (DGRO) have volatilities of 3.49% and 3.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.