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VSDA vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VSDA vs. DGRO

Last updated Jun 24, 2026

VSDA (VictoryShares Dividend Accelerator ETF) and DGRO (iShares Core Dividend Growth ETF) are both Large Cap Growth Equities funds - VSDA tracks the Nasdaq Victory Dividend Accelerator Index while DGRO tracks the Morningstar US Dividend Growth Index. Both are passively managed. Over the past 5 years, VSDA returned 7.75%/yr vs 11.00%/yr for DGRO. Their correlation of 0.84 suggests significant overlap in exposure. VSDA charges 0.35%/yr vs 0.08%/yr for DGRO.

Performance

VSDA vs. DGRO - Performance Comparison

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

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Returns By Period

The year-to-date returns for both investments are quite close, with VSDA having a 9.07% return and DGRO slightly higher at 9.19%.

VSDA

1D
0.44%
1M
2.98%
YTD
9.07%
6M
8.53%
1Y
14.44%
3Y*
10.91%
5Y*
7.75%
10Y*
—

DGRO

1D
0.32%
1M
0.80%
YTD
9.19%
6M
8.52%
1Y
22.22%
3Y*
16.92%
5Y*
11.00%
10Y*
13.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VSDA vs. DGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VSDA
VictoryShares Dividend Accelerator ETF		9.07%6.67%9.40%8.74%-4.42%21.95%12.72%31.39%-1.40%14.07%
DGRO
iShares Core Dividend Growth ETF		9.19%15.69%16.62%10.47%-7.91%26.64%9.50%29.87%-2.38%16.97%

Correlation

The correlation between VSDA and DGRO is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.84

Correlation (3Y)
Calculated over the trailing 3-year period

0.89

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Apr 18, 2017

0.84

The correlation between VSDA and DGRO has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

VSDA vs. DGRO - Sectors Allocation Comparison

Sectors
VSDA
DGRO

Consumer Defensive

31.6%
11.1%

Financial Services

21.2%
20.6%

Industrials

17.1%
10.4%

Basic Materials

8.1%
2.4%

Healthcare

7.4%
16.5%

Consumer Cyclical

4.9%
5.4%

Technology

4.7%
22.0%

Utilities

2.6%
6.4%

Energy

2.4%
5.1%

Communication Services

0.0%
0.1%

Real Estate

0.0%

-

Consumer Defensive

VSDA
31.6%
DGRO
11.1%

Financial Services

VSDA
21.2%
DGRO
20.6%

Industrials

VSDA
17.1%
DGRO
10.4%

Basic Materials

VSDA
8.1%
DGRO
2.4%

Healthcare

VSDA
7.4%
DGRO
16.5%

Consumer Cyclical

VSDA
4.9%
DGRO
5.4%

Technology

VSDA
4.7%
DGRO
22.0%

Utilities

VSDA
2.6%
DGRO
6.4%

Energy

VSDA
2.4%
DGRO
5.1%

Communication Services

VSDA
0.0%
DGRO
0.1%

Real Estate

VSDA
0.0%
DGRO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VictoryShares Dividend Accelerator ETF

iShares Core Dividend Growth ETF

Often compared with VSDA:
VSDA vs. SCHDVSDA vs. DJDVSDA vs. CDCVSDA vs. SPHBVSDA vs. DSTLVSDA vs. SMHVSDA vs. VTI
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

VSDA vs. DGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VSDA
VSDA Risk / Return Rank: 3434
Overall Rank
VSDA Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
VSDA Sortino Ratio Rank: 4040
Sortino Ratio Rank
VSDA Omega Ratio Rank: 3434
Omega Ratio Rank
VSDA Calmar Ratio Rank: 3232
Calmar Ratio Rank
VSDA Martin Ratio Rank: 2929
Martin Ratio Rank
DGRO
DGRO Risk / Return Rank: 7575
Overall Rank
DGRO Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 8181
Sortino Ratio Rank
DGRO Omega Ratio Rank: 7575
Omega Ratio Rank
DGRO Calmar Ratio Rank: 7171
Calmar Ratio Rank
DGRO Martin Ratio Rank: 7373
Martin Ratio Rank
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.

VSDA vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Dividend Accelerator ETF (VSDA) 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.

VSDADGRODifference
Sharpe ratioReturn per unit of total volatility
1.28
2.35

-1.06

Sortino ratioReturn per unit of downside risk
1.95
3.41

-1.47

Omega ratioGain probability vs. loss probability

1.22

1.42

-0.21

Calmar ratioReturn relative to maximum drawdown

1.54

3.45

-1.91

Martin ratioReturn relative to average drawdown

3.86

13.31

-9.45

VSDA vs. DGRO - Sharpe Ratio Comparison

The current VSDA Sharpe Ratio is 1.28, which is lower than the DGRO Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of VSDA and DGRO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

VSDA vs. DGRO - Drawdown Comparison

The maximum VSDA drawdown since its inception was -32.12%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for VSDA and DGRO.

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Drawdown Indicators

VSDADGRODifference

Max Drawdown

Largest peak-to-trough decline

-32.12%

-35.10%

+2.98%

Max Drawdown (1Y)

Largest decline over 1 year

-9.44%

-6.47%

-2.97%

Max Drawdown (3Y)

Largest decline over 3 years

-15.54%

-14.03%

-1.51%

Max Drawdown (5Y)

Largest decline over 5 years

-16.14%

-19.31%

+3.17%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.10%

—

Current Drawdown

Current decline from peak

-2.38%

-0.90%

-1.48%

Average Drawdown

Average peak-to-trough decline

-3.63%

-3.43%

-0.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.75%

1.67%

+2.08%

Volatility

VSDA vs. DGRO - Volatility Comparison

VictoryShares Dividend Accelerator ETF (VSDA) has a higher volatility of 3.24% compared to iShares Core Dividend Growth ETF (DGRO) at 2.63%. This indicates that VSDA'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

VSDADGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.24%

2.63%

+0.61%

Volatility (6M)

Calculated over the trailing 6-month period

8.36%

6.94%

+1.42%

Volatility (1Y)

Calculated over the trailing 1-year period

11.36%

9.53%

+1.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.05%

13.80%

+0.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.57%

16.60%

-0.03%

VSDA vs. DGRO - Expense Ratio Comparison

VSDA has a 0.35% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

VSDA vs. DGRO - Dividend Comparison

VSDA's dividend yield for the trailing twelve months is around 2.54%, more than DGRO's 1.97% yield.

PositionTTM20252024202320222021202020192018201720162015
DGRO
iShares Core Dividend Growth ETF		1.97%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%
VSDA
VictoryShares Dividend Accelerator ETF		2.54%2.65%2.36%1.92%1.83%1.40%1.49%1.36%1.69%1.23%0.00%0.00%

Frequently Asked Questions

VSDA and DGRO have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VSDA has higher volatility (3.24%) compared to DGRO (2.63%). In terms of maximum drawdown, VSDA dropped -32.12% vs DGRO's -35.10%.

On 5-year performance, DGRO leads with 11.00% vs 7.75% for VSDA. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DGRO has performed better with a 11.00% return vs 7.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DGRO is cheaper with a 0.08% expense ratio, compared with 0.35% for VSDA.

VSDA has the higher dividend yield at 2.54%, compared with 1.97% for DGRO.

VSDA tracks Nasdaq Victory Dividend Accelerator Index, while DGRO tracks Morningstar US Dividend Growth Index. They also come from different issuers: Crestview and iShares. Their fees differ too: 0.35% for VSDA and 0.08% for DGRO.

DGRO currently has the higher Sharpe Ratio (2.35 vs 1.28), 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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