DGRO vs IWD: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
IWDiShares Russell 1000 Value ETF
iShares · 866 holdings · $83.6B · as of 2026-03-31
Holdings snapshots are 30 days apart (DGRO: 2026-04-30, IWD: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DGRO and IWD?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; iShares Russell 1000 Value ETF (IWD, by iShares) holds 866. They have 304 holdings in common, and by portfolio weight the two funds are 48.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 48.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 304DGRO holds 394 · IWD holds 866
- Weight in Shared Holdings
- DGRO 80%·IWD 53%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DGRO
90 of 394 positions (20.1% of the fund) are not held by IWD. Showing the top 30 by weight.
Only in IWD
562 of 866 positions (46.4% of the fund) are not held by DGRO. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | IWD |
|---|---|---|
| Financials | 21.1% | 20.0% |
| Information Technology | 18.5% | 11.7% |
| Health Care | 16.4% | 11.7% |
| Industrials | 11.5% | 13.4% |
| Consumer Staples | 11.5% | 7.5% |
| Other Sectors | 20.8% | 35.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DGRO | +2.4% | +15.5% | +25.2% | +17.4% | +11.3% | +13.6% | 1.86% |
| IWD | +4.0% | +23.3% | +34.5% | +19.0% | +11.9% | +11.7% | 1.36% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DGRO vs IWD →
Shared Holdings(304)
The top 10 shared positions account for 28% of the overlap, led by JPM, XOM and JNJ.
 JPMJPMorgan Chase & Co. COM | 3.04% | 2.63% | 2.63% |
|---|---|---|---|
 XOMExxon Mobil Corp. COM | 2.90% | 2.36% | 2.36% |
 JNJJohnson & Johnson COM | 2.64% | 1.94% | 1.94% |
 PGThe Procter & Gamble Co. COM | 2.07% | 1.12% | 1.12% |
 CSCOCisco Systems, Inc. COM | 1.73% | 1.02% | 1.02% |
 MRKMerck & Co., Inc COM | 1.75% | 0.98% | 0.98% |
 BACBank of America Corp. COM | 1.83% | 0.97% | 0.97% |
 WMTWalmart Inc COM | 0.95% | 1.60% | 0.95% |
 PMPhilip Morris International Inc. COM | 1.94% | 0.85% | 0.85% |
 WFCWells Fargo & Co. COM | 1.29% | 0.81% | 0.81% |
 UNHUnitedHealth Group Inc. COM | 2.31% | 0.81% | 0.81% |
 CATCaterpillar Inc COM | 0.79% | 0.95% | 0.79% |
 GSGoldman Sachs Group, Inc. (The) | 1.18% | 0.77% | 0.77% |
 IBMInternational Business Machines Corp. COM | 1.27% | 0.74% | 0.74% |
 MCDMcDonald's Corp. COM | 1.04% | 0.69% | 0.69% |
 RTXRTX Corp. COM | 0.68% | 0.85% | 0.68% |
 LINLinde PLC COM EUR0.001 | 0.64% | 0.77% | 0.64% |
 NEENextEra Energy Inc COM | 1.23% | 0.64% | 0.64% |
 MSMorgan Stanley COM NEW | 1.28% | 0.61% | 0.61% |
 PEPPepsico Inc COM | 1.70% | 0.60% | 0.60% |
 ABTAbbott Laboratories COM | 0.79% | 0.58% | 0.58% |
 COPConocoPhillips COM | 0.99% | 0.54% | 0.54% |
 CCitigroup Inc. COM NEW | 1.12% | 0.53% | 0.53% |
 ADIAnalog Devices Inc. COM | 0.54% | 0.51% | 0.51% |
 KOCoca-Cola Co (The) COM | 1.79% | 0.50% | 0.50% |
Showing the top 250 of 304 shared holdings by overlap weight.
Frequently Asked Questions
How much do DGRO and IWD overlap?
DGRO and IWD overlap by 48.5% of portfolio weight. They share 304 holdings (DGRO holds 394 positions and IWD holds 866), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and IWD?
The two portfolios are 48.5% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DGRO and IWD?
The largest positions held by both funds are JPM, XOM, JNJ, PG and CSCO. Together the top 10 shared positions account for 28% of the total overlap.
What does DGRO own that IWD doesn't?
90 positions (20.1% of DGRO) are unique to DGRO, led by AVGO, AAPL and MSFT. In the other direction, 562 positions (46.4% of IWD) are unique to IWD.