SPRX vs. DGRO
Compare and contrast key facts about Spear Alpha ETF (SPRX) and iShares Core Dividend Growth ETF (DGRO).
SPRX and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPRX is an actively managed fund by Spear. It was launched on Aug 3, 2021. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Performance
SPRX vs. DGRO - Performance Comparison
Loading graphics...
SPRX vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SPRX Spear Alpha ETF | -5.51% | 41.91% | 20.58% | 88.02% | -44.99% | 8.91% |
DGRO iShares Core Dividend Growth ETF | 1.60% | 15.69% | 16.62% | 10.47% | -7.91% | 8.62% |
Returns By Period
In the year-to-date period, SPRX achieves a -5.51% return, which is significantly lower than DGRO's 1.60% return.
SPRX
- 1D
- 2.20%
- 1M
- -9.54%
- YTD
- -5.51%
- 6M
- -7.15%
- 1Y
- 79.83%
- 3Y*
- 34.31%
- 5Y*
- —
- 10Y*
- —
DGRO
- 1D
- 0.03%
- 1M
- -4.46%
- YTD
- 1.60%
- 6M
- 3.88%
- 1Y
- 16.44%
- 3Y*
- 14.60%
- 5Y*
- 10.14%
- 10Y*
- 12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPRX vs. DGRO - Expense Ratio Comparison
SPRX has a 0.75% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Return for Risk
SPRX vs. DGRO — Risk / Return Rank
SPRX
DGRO
SPRX vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spear Alpha ETF (SPRX) 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.
| SPRX | DGRO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 1.14 | +0.54 |
Sortino ratioReturn per unit of downside risk | 2.23 | 1.66 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 3.45 | 1.48 | +1.97 |
Martin ratioReturn relative to average drawdown | 10.84 | 6.80 | +4.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPRX | DGRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.14 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.73 | -0.40 |
Correlation
The correlation between SPRX and DGRO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SPRX vs. DGRO - Dividend Comparison
SPRX has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 2.10%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPRX Spear Alpha ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.10% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
Drawdowns
SPRX vs. DGRO - Drawdown Comparison
The maximum SPRX drawdown since its inception was -51.21%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for SPRX and DGRO.
Loading graphics...
Drawdown Indicators
| SPRX | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.21% | -35.10% | -16.11% |
Max Drawdown (1Y)Largest decline over 1 year | -24.21% | -10.92% | -13.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.10% | — |
Current DrawdownCurrent decline from peak | -16.81% | -4.70% | -12.11% |
Average DrawdownAverage peak-to-trough decline | -18.18% | -3.48% | -14.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.70% | 2.37% | +5.33% |
Volatility
SPRX vs. DGRO - Volatility Comparison
Spear Alpha ETF (SPRX) has a higher volatility of 17.68% compared to iShares Core Dividend Growth ETF (DGRO) at 3.57%. This indicates that SPRX'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.
Loading graphics...
Volatility by Period
| SPRX | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.68% | 3.57% | +14.11% |
Volatility (6M)Calculated over the trailing 6-month period | 35.67% | 7.21% | +28.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.73% | 14.47% | +33.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.57% | 13.84% | +27.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.57% | 16.63% | +24.94% |