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 24.39%/yr vs 13.52%/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 -18.85% return, which is significantly lower than DGRO's 9.86% return. Over the past 10 years, MSFT has outperformed DGRO with an annualized return of 24.39%, while DGRO has yielded a comparatively lower 13.52% annualized return.
MSFT
- 1D
- 0.10%
- 1M
- -3.36%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.75%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
DGRO
- 1D
- 0.69%
- 1M
- 3.74%
- YTD
- 9.86%
- 6M
- 9.27%
- 1Y
- 22.26%
- 3Y*
- 16.74%
- 5Y*
- 10.82%
- 10Y*
- 13.52%
MSFT vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
DGRO iShares Core Dividend Growth ETF | 9.86% | 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 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
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 | 0.55 |
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 0.17 - 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 | -3.04 | ||
| Sortino ratioReturn per unit of downside risk | -4.24 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.42 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 3.46 | -3.98 |
| Martin ratioReturn relative to average drawdown | -1.08 | 13.36 | -14.44 |
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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 | -33.91% | -6.47% | -27.44% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -14.03% | -19.88% |
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 | -27.46% | 0.00% | -27.46% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -3.44% | -18.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 1.68% | +14.80% |
Volatility
MSFT vs. DGRO - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.52% compared to iShares Core Dividend Growth ETF (DGRO) at 2.64%. 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 | 10.52% | 2.64% | +7.88% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 6.96% | +15.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 9.59% | +15.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 13.83% | +12.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 16.62% | +10.44% |
Dividends
MSFT vs. DGRO - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, less 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% |
MSFT Microsoft Corporation | 0.91% | 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 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.52%) compared to DGRO (2.64%). In terms of maximum drawdown, MSFT dropped -69.38% vs DGRO's -35.10%.
DGRO currently has the higher Sharpe Ratio (2.34 vs -0.70), 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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