MSFT vs. DGRO
MSFT (Microsoft Corporation) is a stock, while DGRO (iShares Core Dividend Growth ETF) is Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. Over the past 10 years, MSFT returned 23.18%/yr vs 13.13%/yr for DGRO. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
MSFT vs. DGRO - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -16.45% return, which is significantly lower than DGRO's 11.48% return. Over the past 10 years, MSFT has outperformed DGRO with an annualized return of 23.18%, while DGRO has yielded a comparatively lower 13.13% annualized return.
MSFT
- 1D
- 2.15%
- 1M
- 6.03%
- 6M
- -12.13%
- YTD
- -16.45%
- 1Y
- -20.50%
- 3Y*
- 6.20%
- 5Y*
- 8.30%
- 10Y*
- 23.18%
- ALL TIME*
- 24.73%
DGRO
- 1D
- -0.58%
- 1M
- 2.50%
- 6M
- 8.20%
- YTD
- 11.48%
- 1Y
- 20.92%
- 3Y*
- 15.71%
- 5Y*
- 10.91%
- 10Y*
- 13.13%
- ALL TIME*
- 12.34%
MSFT vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -16.45% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
DGRO iShares Core Dividend Growth ETF | 11.48% | 15.69% | 16.62% | 10.47% | -7.91% | 26.64% | 9.50% | 29.87% | -2.38% | 23.00% |
Correlation
The correlation between MSFT and DGRO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014 | 0.57 |
Over the past year, the correlation between MSFT and DGRO has dropped to 0.18 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
MSFT vs. DGRO — Risk / Return Rank
MSFT
DGRO
MSFT vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) 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.
| MSFT | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -4.16 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.40 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.60 | 3.25 | -3.84 |
| Martin ratioReturn relative to average drawdown | -1.10 | 12.53 | -13.62 |
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Drawdowns
MSFT vs. DGRO - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for MSFT and DGRO.
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Drawdown Indicators
| MSFT | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -35.10% | -34.28% |
Max Drawdown (1Y)Largest decline over 1 year | -34.50% | -6.47% | -28.03% |
Max Drawdown (3Y)Largest decline over 3 years | -34.50% | -14.03% | -20.47% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -19.31% | -17.84% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -35.10% | -2.05% |
Current DrawdownCurrent decline from peak | -25.32% | -1.17% | -24.15% |
Average DrawdownAverage peak-to-trough decline | -21.80% | -3.41% | -18.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.74% | 1.67% | +17.07% |
Volatility
MSFT vs. DGRO - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.25% compared to iShares Core Dividend Growth ETF (DGRO) at 2.73%. This indicates that MSFT'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.
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Volatility by Period
| MSFT | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.25% | 2.73% | +7.52% |
Volatility (6M)Calculated over the trailing 6-month period | 24.51% | 7.14% | +17.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.52% | 9.56% | +17.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.07% | 13.78% | +13.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.15% | 16.58% | +10.57% |
Dividends
MSFT vs. DGRO - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.88%, less than DGRO's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 1.93% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
MSFT Microsoft Corporation | 0.88% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Frequently Asked Questions
MSFT and DGRO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.25%) compared to DGRO (2.73%). In terms of maximum drawdown, MSFT dropped -69.38% vs DGRO's -35.10%.
DGRO currently has the higher Sharpe Ratio (2.20 vs -0.75), 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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