At a glance
35% of DGRO’s and FDVV’s holdings overlap by weight, with 38 securities in common out of 390 and 96. DGRO costs less: 0.08% a year against 0.15% for FDVV, or $80 against $150 on every $100,000. DGRO has $42.77B in assets and FDVV $10.16B; over the past 12 months DGRO paid out 1.83% of its price and FDVV 2.73%, both quarterly. Over the past year DGRO returned +21.8% and FDVV +13.6% with distributions reinvested; over five years, +11.2% and +13.7% a year. In the 2022 bear market DGRO fell 19.3% at its worst and FDVV 20.2%; DGRO was back at its earlier high 15 months after the low, FDVV 9 months.
Key differences
| DGRO | FDVV | |
|---|---|---|
| Fund | iShares Core Dividend Growth ETF | Fidelity High Dividend ETF |
| Issuer | iShares | Fidelity |
| Structure | Open-end ETF | Open-end ETF |
| Type | Dividend growth | High dividend |
| Launched | Jun 10, 2014 | Sep 12, 2016 |
| Expense ratio | 0.08% | 0.15% |
| Cost a year on $100,000 | $80 | $150 |
| Net assets | $42.77B | $10.16B |
| Holdings | 390 | 96 |
| Ten largest positions | 27.2% | 33.8% |
| Yield (12 months) | 1.83% | 2.73% |
| Pays | quarterly | quarterly |
| Portfolio turnover | 25% a year | 39% a year |
| Price data from | Jun 12, 2014 | Sep 15, 2016 |
Holdings and overlap
Overlap adds up, for every security both funds own, the smaller of its two weights: 100% would mean identical portfolios.
Largest holdings
| Holding | DGRO | FDVV |
|---|---|---|
| NVIDIA CORP | — | 6.57% |
| APPLE INC | 2.86% | 6.18% |
| MICROSOFT CORP | 3.24% | 4.89% |
| JP MORGAN CHASE & COMPANY | 3.16% | 2.76% |
| BROADCOM INC | 2.55% | 3.11% |
| JOHNSON & JOHNSON | 3.07% | 0.52% |
| ABBVIE INC | 2.96% | 0.45% |
| EXXONMOBIL HOLDINGS CORP | 2.87% | — |
| DELL TECHNOLOGIES INC | — | 2.66% |
| PROCTER & GAMBLE COMPANY (THE) | 2.17% | 1.69% |
| HOME DEPOT INC (THE) | 2.14% | 1.59% |
| PHILIP MORRIS INTERNATIONAL INC | 2.13% | 1.80% |
The biggest differences in weight: NVIDIA CORP (0.0% in DGRO, 6.6% in FDVV); APPLE INC (2.9% in DGRO, 6.2% in FDVV); EXXONMOBIL HOLDINGS CORP (2.9% in DGRO, 0.0% in FDVV).
By sector
| Sector | DGRO | FDVV | Difference |
|---|---|---|---|
| Technology | 14.6% | 26.5% | FDVV +11.9 |
| Financials | 18.1% | 13.5% | DGRO +4.6 |
| Health care | 16.0% | 3.1% | DGRO +12.9 |
| Consumer staples | 11.6% | 9.7% | DGRO +1.9 |
| Consumer discretionary | 5.9% | 8.9% | FDVV +3.0 |
| Industrials | 8.5% | 2.5% | DGRO +6.0 |
| Utilities | 5.4% | 7.7% | FDVV +2.3 |
| Real estate | 0.0% | 6.0% | FDVV +6.0 |
| Communication services | 0.0% | 3.0% | FDVV +3.0 |
| Energy | 2.3% | 0.0% | DGRO +2.3 |
| Materials | 0.8% | 0.9% | FDVV +0.1 |
Returns
$10,000 put into DGRO on Sep 30, 2016 was worth $36,961 on Oct 27, 2026, and in FDVV $35,053 (+13.8% and +13.2% a year). That is as far back as the price data for both goes.
| 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|
| DGRO price data to Nov 2, 2026 | +21.8% | +20.6% | +11.2% | +14.3% |
| DGRO official prospectus, to Dec 31, 2025 | +15.74% | — | +11.69% | +13.10% |
| FDVV price data to Oct 27, 2026 | +13.6% | +22.8% | +13.7% | +13.6% |
| FDVV official prospectus, to Nov 29, 2025 | +21.71% | — | +12.85% | — |
Calendar years
| Year | DGRO | FDVV | Difference |
|---|---|---|---|
| 2026 | +18.7% * | +12.8% * | DGRO +5.9 |
| 2025 | +15.7% | +17.1% | FDVV +1.4 |
| 2024 | +16.6% | +21.8% | FDVV +5.2 |
| 2023 | +10.5% | +18.0% | FDVV +7.5 |
| 2022 | -7.9% | -4.2% | FDVV +3.7 |
| 2021 | +26.6% | +29.3% | FDVV +2.7 |
| 2020 | +9.5% | +2.9% | DGRO +6.6 |
| 2019 | +29.9% | +24.1% | DGRO +5.8 |
| 2018 | -2.4% | -1.2% | FDVV +1.1 |
| 2017 | +23.0% | +14.0% | DGRO +9.0 |
Downturns and recovery
| DGRO | FDVV | |
|---|---|---|
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before it launched | Before it launched |
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | −34.8% at the worst; back at its high 8 months after the low | −40.2% at the worst; back at its high 10 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | −19.3% at the worst; back at its high 15 months after the low | −20.2% at the worst; back at its high 9 months after the low |
| Worst fall in the price data | −35.1% (Feb 12, 2020 – Mar 23, 2020) | −40.2% (Feb 14, 2020 – Mar 23, 2020) |
Income
| Year | DGRO | FDVV |
|---|---|---|
| 2025 | $236 | $328 |
| 2024 | $256 | $348 |
| 2023 | $264 | $426 |
| 2022 | $209 | $320 |
| 2021 | $239 | $343 |
| 2020 | $245 | $314 |
| 2019 | $280 | $469 |
| 2018 | $233 | $387 |
Costs
DGRO charges 0.08% a year and FDVV 0.15%: on $100,000 that is $70 a year less with DGRO ($350 on $500,000). The fee comes out of each fund's assets, so it is already in the returns above.
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| DGRO | $8 | $26 | $45 | $103 |
| FDVV | $15 | $48 | $85 | $192 |