PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XOVR vs. DGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XOVR vs. DGRO

Last updated Aug 4, 2026
Documentation

XOVR (ERShares Private-Public Crossover ETF) and DGRO (iShares Core Dividend Growth ETF) are both Large Cap Growth Equities funds. XOVR is actively managed, while DGRO is passively managed. Over the past 5 years, XOVR returned 3.37%/yr vs 11.15%/yr for DGRO. Their 0.56 correlation means they have sometimes moved together and sometimes differently. XOVR charges 0.75%/yr vs 0.08%/yr for DGRO.

Performance

XOVR vs. DGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ERShares Private-Public Crossover ETF (XOVR) and iShares Core Dividend Growth ETF (DGRO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XOVR achieves a -4.47% return, which is significantly lower than DGRO's 13.79% return.

XOVR

1D
3.44%
1M
-8.38%
6M
4.57%
YTD
-4.47%
1Y
-0.88%
3Y*
16.81%
5Y*
3.37%
10Y*
—
ALL TIME*
9.77%

DGRO

1D
0.35%
1M
1.32%
6M
9.21%
YTD
13.79%
1Y
24.64%
3Y*
17.09%
5Y*
11.15%
10Y*
13.38%
ALL TIME*
12.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

DGRO

iShares Core Dividend Growth ETF
$107.57M$103.25M$110.55M

XOVR

ERShares Private-Public Crossover ETF
$32.19M$37.02M$109.67M

XOVR vs. DGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XOVR
ERShares Private-Public Crossover ETF		-4.47%11.83%33.21%51.89%-41.09%-7.24%50.39%31.72%-5.02%1.54%
DGRO
iShares Core Dividend Growth ETF		13.79%15.69%16.62%10.47%-7.91%26.64%9.50%29.87%-2.38%4.77%

Correlation

The correlation between XOVR and DGRO is 0.29, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.29

Correlation (3Y)
Balances recent behavior with more history.

0.48

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.58

Correlation (All Time)
Calculated using the full available price history since Nov 8, 2017

0.57

Over the past year, the correlation between XOVR and DGRO has dropped to 0.29 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

XOVR vs. DGRO - Sectors Allocation Comparison

Sectors
XOVR
DGRO

Technology

34.5%
17.3%

Communication Services

24.2%
0.1%

Healthcare

18.5%
17.9%

Financial Services

9.9%
20.4%

Consumer Cyclical

6.7%
6.5%

Industrials

6.2%
11.3%

Energy

3.1%
4.8%

Basic Materials

-

2.5%

Consumer Defensive

-

11.9%

Real Estate

-

-

Utilities

-

7.3%

Technology

XOVR
34.5%
DGRO
17.3%

Communication Services

XOVR
24.2%
DGRO
0.1%

Healthcare

XOVR
18.5%
DGRO
17.9%

Financial Services

XOVR
9.9%
DGRO
20.4%

Consumer Cyclical

XOVR
6.7%
DGRO
6.5%

Industrials

XOVR
6.2%
DGRO
11.3%

Energy

XOVR
3.1%
DGRO
4.8%

Basic Materials

XOVR

-

DGRO
2.5%

Consumer Defensive

XOVR

-

DGRO
11.9%

Real Estate

XOVR

-

DGRO

-

Utilities

XOVR

-

DGRO
7.3%

Compare stocks, funds, or ETFs

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

ERShares Private-Public Crossover ETF

iShares Core Dividend Growth ETF

Often compared with XOVR:
XOVR vs. QQQXOVR vs. ARKVXXOVR vs. VOOXOVR vs. ARKXXOVR vs. DXYZXOVR vs. SPYXOVR vs. ARKK
Often compared with DGRO:
DGRO vs. SCHDDGRO vs. VIGDGRO vs. VYMDGRO vs. VOODGRO vs. DGRWDGRO vs. DIVODGRO vs. HDV

Return for Risk

XOVR vs. DGRO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
XOVR
XOVR Risk / Return Rank: 1111
Overall Rank
XOVR Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
XOVR Sortino Ratio Rank: 1111
Sortino Ratio Rank
XOVR Omega Ratio Rank: 1111
Omega Ratio Rank
XOVR Calmar Ratio Rank: 1111
Calmar Ratio Rank
XOVR Martin Ratio Rank: 1111
Martin Ratio Rank
DGRO
DGRO Risk / Return Rank: 9292
Overall Rank
DGRO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DGRO Sortino Ratio Rank: 9494
Sortino Ratio Rank
DGRO Omega Ratio Rank: 9393
Omega Ratio Rank
DGRO Calmar Ratio Rank: 9090
Calmar Ratio Rank
DGRO Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XOVR vs. DGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ERShares Private-Public Crossover ETF (XOVR) 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.

XOVRDGRODifference
Sharpe ratioReturn per unit of total volatility
-0.04
2.60

-2.64

Sortino ratioReturn per unit of downside risk
0.11
3.77

-3.66

Omega ratioGain probability vs. loss probability

1.01

1.48

-0.46

Calmar ratioReturn relative to maximum drawdown

-0.04

3.83

-3.86

Martin ratioReturn relative to average drawdown

-0.08

14.91

-14.99

XOVR vs. DGRO - Sharpe Ratio Comparison

The current XOVR Sharpe Ratio is -0.04, which is lower than the DGRO Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of XOVR 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.

Loading charts...

Drawdowns

XOVR vs. DGRO - Drawdown Comparison

The maximum XOVR drawdown since its inception was -56.28%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for XOVR and DGRO.

Loading charts...

Drawdown Indicators

XOVRDGRODifference

Max Drawdown

Largest peak-to-trough decline

-56.28%

-35.10%

-21.18%

Max Drawdown (1Y)

Largest decline over 1 year

-24.32%

-6.47%

-17.85%

Max Drawdown (3Y)

Largest decline over 3 years

-25.23%

-14.03%

-11.20%

Max Drawdown (5Y)

Largest decline over 5 years

-49.35%

-19.31%

-30.04%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.10%

—

Current Drawdown

Current decline from peak

-11.38%

-1.01%

-10.37%

Average Drawdown

Average peak-to-trough decline

-18.21%

-3.41%

-14.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.53%

1.66%

+9.87%

Volatility

XOVR vs. DGRO - Volatility Comparison

ERShares Private-Public Crossover ETF (XOVR) has a higher volatility of 7.84% compared to iShares Core Dividend Growth ETF (DGRO) at 2.88%. This indicates that XOVR'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 charts...

Volatility by Period

XOVRDGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.84%

2.88%

+4.96%

Volatility (6M)

Calculated over the trailing 6-month period

19.11%

7.12%

+11.99%

Volatility (1Y)

Calculated over the trailing 1-year period

23.67%

9.54%

+14.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.68%

13.79%

+12.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.03%

16.58%

+10.45%

XOVR vs. DGRO - Expense Ratio Comparison

XOVR has a 0.75% expense ratio, which is higher than DGRO's 0.08% expense ratio.

Dividends

XOVR vs. DGRO - Dividend Comparison

XOVR has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 1.89%.

PositionTTM20252024202320222021202020192018201720162015
DGRO
iShares Core Dividend Growth ETF		1.89%2.09%2.26%2.45%2.34%1.93%2.30%2.21%2.44%2.03%2.27%2.52%
XOVR
ERShares Private-Public Crossover ETF		0.00%0.00%0.00%0.00%0.00%57.75%6.31%0.08%3.71%0.08%0.00%0.00%

Frequently Asked Questions

XOVR and DGRO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XOVR has higher volatility (7.84%) compared to DGRO (2.88%). In terms of maximum drawdown, XOVR dropped -56.28% vs DGRO's -35.10%.

On 5-year performance, DGRO leads with 11.15% vs 3.37% for XOVR. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.88%. 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 11.15% return vs 3.37%. 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 0.75% for XOVR.

DGRO has the higher dividend yield at 1.89%, compared with 0.00% for XOVR.

They also come from different issuers: ERShares and iShares. Their fees differ too: 0.75% for XOVR and 0.08% for DGRO.

DGRO currently has the higher Sharpe Ratio (2.60 vs -0.04), 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.

Portfolio Optimizer

Find the right allocation for XOVR and DGRO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer