IBHD vs. DGRO

Last updated Jun 5, 2026

IBHD (iShares iBonds 2024 Term High Yield & Income ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - IBHD is a High Yield Bonds fund tracking the Bloomberg 2024 Term High Yield and Income Index, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. IBHD charges 0.35%/yr vs 0.08%/yr for DGRO.

Performance

IBHD vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 2024 Term High Yield & Income ETF (IBHD) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DGRO

• 1D: 0.81%
• 1M: 3.27%
• YTD: 9.64%
• 6M: 9.87%
• 1Y: 23.89%
• 3Y*: 17.46%
• 5Y*: 10.72%
• 10Y*: 13.34%

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

IBHD vs. DGRO - Yearly Performance Comparison

	2026 (YTD)
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%
DGRO iShares Core Dividend Growth ETF	2.93%

Return for Risk

IBHD vs. DGRO — Risk / Return Rank

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

DGRO

DGRO Risk / Return Rank: 78
DGRO Sharpe Ratio Rank: 79
DGRO Sortino Ratio Rank: 83
DGRO Omega Ratio Rank: 78
DGRO Calmar Ratio Rank: 75
DGRO Martin Ratio Rank: 76

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.

IBHD vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2024 Term High Yield & Income ETF (IBHD) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IBHD	DGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.77	—

Drawdowns

IBHD vs. DGRO - Drawdown Comparison

The maximum IBHD drawdown since its inception was 0.00%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for IBHD and DGRO.

Drawdown Indicators

	IBHD	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-35.10%	+35.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.03%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-3.44%	+3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.67%	—

Volatility

Volatility by Period

	IBHD	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	9.49%	-9.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.82%	-13.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	16.62%	-16.62%

IBHD vs. DGRO - Expense Ratio Comparison

IBHD has a 0.35% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

IBHD vs. DGRO - Dividend Comparison

IBHD has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.94%.

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%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IBHD or DGRO?

On fees, DGRO is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBHD or DGRO?

DGRO is cheaper with a 0.08% expense ratio, compared with 0.35% for IBHD.

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

DGRO has the higher dividend yield at 1.94%, compared with 0.00% for IBHD.

What is the main difference between IBHD and DGRO?

IBHD is categorized as High Yield Bonds, while DGRO is Large Cap Growth Equities. IBHD tracks Bloomberg 2024 Term High Yield and Income Index, while DGRO tracks Morningstar US Dividend Growth Index. Their fees differ too: 0.35% for IBHD and 0.08% for DGRO.