DGRO vs MDY: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
MDYState Street® SPDR® S&P MIDCAP 400® ETF Trust
State Street (SPDR) · 399 holdings · $27.1B · as of 2026-08-06
Holdings snapshots are 98 days apart (DGRO: 2026-04-30, MDY: 2026-08-06). 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 MDY?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; State Street® SPDR® S&P MIDCAP 400® ETF Trust (MDY, by State Street (SPDR)) holds 399. They have 125 holdings in common, and by portfolio weight the two funds are 4.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 125DGRO holds 394 · MDY holds 399
- Weight in Shared Holdings
- DGRO 4%·MDY 35%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
269 of 394 positions (95.6% of the fund) are not held by MDY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | MDY |
|---|---|---|
| Industrials | 11.5% | 25.9% |
| Financials | 21.1% | 16.0% |
| Information Technology | 18.5% | 15.6% |
| Health Care | 16.4% | 10.3% |
| Consumer Discretionary | 5.6% | 11.6% |
| Other Sectors | 26.6% | 25.7% |
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% |
| MDY | +3.1% | +18.1% | +25.6% | +14.2% | +8.8% | +10.9% | 0.99% |
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 MDY →
Shared Holdings(125)
The top 10 shared positions account for 20% of the overlap, led by FNF, EWBC and OVV.
 FNFFidelity National Financial Inc. - FNF Group | 0.13% | 0.36% | 0.13% |
|---|---|---|---|
 EWBCEast West Bancorp Inc COM | 0.12% | 0.49% | 0.12% |
 OVVOvintiv Inc COM | 0.09% | 0.45% | 0.09% |
 DKSDick's Sporting Goods, Inc. COM | 0.08% | 0.36% | 0.08% |
 OGEOGE Energy Corporation COM | 0.08% | 0.26% | 0.08% |
 DTMDT Midstream Inc COMMON STOCK | 0.08% | 0.37% | 0.08% |
 JEFJefferies Financial Group Inc COM | 0.07% | 0.25% | 0.07% |
 WTRGEssential Utilities Inc COM | 0.07% | 0.31% | 0.07% |
 OCOwens Corning COM | 0.07% | 0.65% | 0.07% |
 UNMUnum Group COM | 0.07% | 0.36% | 0.07% |
 RSReliance Inc COM | 0.07% | 0.58% | 0.07% |
 ZIONZions Bancorporation Natl Assn Global Bank COM | 0.06% | 0.28% | 0.06% |
 RPMRPM International Inc. COM | 0.06% | 0.40% | 0.06% |
 BAHBooz Allen Hamilton Holding Corporation Class A | 0.06% | 0.24% | 0.06% |
 ORIOld Republic International Corporation COM | 0.06% | 0.27% | 0.06% |
 AFGAmerican Financial Group, Inc. COM | 0.06% | 0.28% | 0.06% |
 CFRCullen/Frost Bankers, Inc. COM | 0.06% | 0.28% | 0.06% |
 SSBSouthState Bank Corporation | 0.06% | 0.29% | 0.06% |
 RGAReinsurance Group of America, Incorporated COM NEW | 0.06% | 0.42% | 0.06% |
 FAFFirst American Financial Corporation COM | 0.05% | 0.21% | 0.05% |
 PBProsperity Bancshares Inc COM | 0.05% | 0.24% | 0.05% |
 VOYAVoya Financial Inc COM | 0.05% | 0.25% | 0.05% |
 SNXTD SYNNEX Corporation | 0.05% | 0.53% | 0.05% |
 HRBBlock(H&R)Inc COM | 0.05% | 0.16% | 0.05% |
 BKHBlack Hills Corporation COM | 0.05% | 0.15% | 0.05% |
Frequently Asked Questions
How much do DGRO and MDY overlap?
DGRO and MDY overlap by 4.2% of portfolio weight. They share 125 holdings (DGRO holds 394 positions and MDY holds 399), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and MDY?
The two portfolios are 4.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DGRO and MDY?
The largest positions held by both funds are FNF, EWBC, OVV, DKS and OGE. Together the top 10 shared positions account for 20% of the total overlap.
What does DGRO own that MDY doesn't?
269 positions (95.6% of DGRO) are unique to DGRO, led by AVGO, JPM and AAPL. In the other direction, 274 positions (70.4% of MDY) are unique to MDY.