IWFH vs. DGRO

Last updated Jun 6, 2026

IWFH (iShares Virtual Work and Life Multisector ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - IWFH is a Technology Equities fund tracking the NYSE FactSet Global Virtual Work and Life Index, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Both are passively managed. At a 0.42 correlation, their price movements are largely independent. IWFH charges 0.47%/yr vs 0.08%/yr for DGRO.

Performance

IWFH vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Virtual Work and Life Multisector ETF (IWFH) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IWFH

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

DGRO

• 1D: -0.78%
• 1M: 2.16%
• YTD: 8.79%
• 6M: 9.12%
• 1Y: 23.20%
• 3Y*: 17.09%
• 5Y*: 10.54%
• 10Y*: 13.23%

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

IWFH vs. DGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IWFH iShares Virtual Work and Life Multisector ETF	0.00%	0.00%	-7.41%	17.42%	-39.32%	-25.56%	15.64%
DGRO iShares Core Dividend Growth ETF	8.79%	15.69%	16.62%	10.47%	-7.91%	26.64%	13.22%

Correlation

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

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020	0.42

The correlation between IWFH and DGRO shifts across timeframes, from 0.33 (3 years) to 0.46 (5 years), reflecting how their relationship changes across market environments.

IWFH vs. DGRO - Sectors Allocation Comparison

Sectors	IWFH	DGRO
Technology	43.2%	19.4%
Communication Services	31.6%	0.1%
Consumer Cyclical	9.9%	5.7%
Healthcare	9.1%	16.4%
Consumer Defensive	6.3%	11.5%
Basic Materials	-	2.5%
Energy	-	5.6%
Financial Services	-	21.2%
Industrials	-	10.8%
Real Estate	-	-
Utilities	-	6.9%

Return for Risk

IWFH 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: 77
DGRO Sharpe Ratio Rank: 77
DGRO Sortino Ratio Rank: 81
DGRO Omega Ratio Rank: 76
DGRO Calmar Ratio Rank: 73
DGRO Martin Ratio Rank: 75

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.

IWFH vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Virtual Work and Life Multisector ETF (IWFH) 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

	IWFH	DGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.45	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.76	—

Drawdowns

Drawdown Indicators

	IWFH	DGRO	Difference
Max Drawdown Largest peak-to-trough decline	—	-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	—	-0.78%	—
Average Drawdown Average peak-to-trough decline	—	-3.44%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.67%	—

Volatility

Volatility by Period

	IWFH	DGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.52%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.62%	—

IWFH vs. DGRO - Expense Ratio Comparison

IWFH has a 0.47% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

IWFH vs. DGRO - Dividend Comparison

IWFH has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRO iShares Core Dividend Growth ETF	1.96%	2.09%	2.26%	2.45%	2.34%	1.93%	2.30%	2.21%	2.44%	2.03%	2.27%	2.52%
IWFH iShares Virtual Work and Life Multisector ETF	0.00%	0.00%	0.05%	1.83%	0.31%	0.00%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IWFH and DGRO in my portfolio?

IWFH 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 ETF is better, IWFH 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, IWFH or DGRO?

DGRO is cheaper with a 0.08% expense ratio, compared with 0.47% for IWFH.

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

DGRO has the higher dividend yield at 1.96%, compared with 0.00% for IWFH.

What is the main difference between IWFH and DGRO?

IWFH is categorized as Technology Equities, while DGRO is Large Cap Growth Equities. IWFH tracks NYSE FactSet Global Virtual Work and Life Index, while DGRO tracks Morningstar US Dividend Growth Index. Their fees differ too: 0.47% for IWFH and 0.08% for DGRO.