IGLB vs. DGRO
IGLB (iShares 10+ Year Investment Grade Corporate Bond ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - IGLB is a Corporate Bonds fund tracking the ICE BofAML10+ Year US Corporate 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, IGLB returned 2.31%/yr vs 13.34%/yr for DGRO. At a 0.12 correlation, their price movements are largely independent. IGLB charges 0.06%/yr vs 0.08%/yr for DGRO.
Performance
IGLB vs. DGRO - Performance Comparison
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Returns By Period
In the year-to-date period, IGLB achieves a 1.13% return, which is significantly lower than DGRO's 9.64% return. Over the past 10 years, IGLB has underperformed DGRO with an annualized return of 2.31%, while DGRO has yielded a comparatively higher 13.34% annualized return.
IGLB
- 1D
- 0.28%
- 1M
- 1.05%
- YTD
- 1.13%
- 6M
- 0.43%
- 1Y
- 6.93%
- 3Y*
- 4.72%
- 5Y*
- -1.60%
- 10Y*
- 2.31%
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%
IGLB vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 1.13% | 7.53% | -1.50% | 11.03% | -25.38% | -1.68% | 13.30% | 23.19% | -6.90% | 12.15% |
DGRO iShares Core Dividend Growth ETF | 9.64% | 15.69% | 16.62% | 10.47% | -7.91% | 26.64% | 9.50% | 29.87% | -2.38% | 23.00% |
Correlation
The correlation between IGLB and DGRO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2014 | 0.12 |
Over the past year, IGLB and DGRO have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
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Return for Risk
IGLB vs. DGRO — Risk / Return Rank
IGLB
DGRO
IGLB vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) 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.
| IGLB | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.46 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | 3.71 | -2.37 |
| Martin ratioReturn relative to average drawdown | 3.37 | 14.33 | -10.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGLB | DGRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 2.53 | -1.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.78 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.81 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.77 | -0.39 |
Drawdowns
IGLB vs. DGRO - Drawdown Comparison
The maximum IGLB drawdown since its inception was -34.12%, roughly equal to the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for IGLB and DGRO.
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Drawdown Indicators
| IGLB | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.12% | -35.10% | +0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -5.19% | -6.47% | +1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -12.87% | -14.03% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -34.12% | -19.31% | -14.81% |
Max Drawdown (10Y)Largest decline over 10 years | -34.12% | -35.10% | +0.98% |
Current DrawdownCurrent decline from peak | -13.46% | 0.00% | -13.46% |
Average DrawdownAverage peak-to-trough decline | -8.11% | -3.44% | -4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 1.67% | +0.39% |
Volatility
IGLB vs. DGRO - Volatility Comparison
iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and iShares Core Dividend Growth ETF (DGRO) have volatilities of 2.25% and 2.24%, 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.
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Volatility by Period
| IGLB | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 2.24% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 5.70% | 6.94% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.84% | 9.49% | -1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.39% | 13.82% | -1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.53% | 16.62% | -4.09% |
IGLB vs. DGRO - Expense Ratio Comparison
IGLB has a 0.06% expense ratio, which is lower than DGRO's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IGLB vs. DGRO - Dividend Comparison
IGLB's dividend yield for the trailing twelve months is around 5.25%, 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% |
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.25% | 5.14% | 5.10% | 4.59% | 4.56% | 3.16% | 3.22% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% |
Frequently Asked Questions
IGLB and DGRO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLB has higher volatility (2.25%) compared to DGRO (2.24%). In terms of maximum drawdown, IGLB dropped -34.12% vs DGRO's -35.10%.
On 10-year performance, DGRO leads with 13.34% vs 2.31% for IGLB. On fees, IGLB is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DGRO has performed better with a 13.34% return vs 2.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGLB is cheaper with a 0.06% expense ratio, compared with 0.08% for DGRO.
IGLB has the higher dividend yield at 5.25%, compared with 1.94% for DGRO.
IGLB is categorized as Corporate Bonds, while DGRO is Large Cap Growth Equities. IGLB tracks ICE BofAML10+ Year US Corporate Index, while DGRO tracks Morningstar US Dividend Growth Index. Their fees differ too: 0.06% for IGLB and 0.08% for DGRO.
DGRO currently has the higher Sharpe Ratio (2.53 vs 0.90), 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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