DGRO vs SCHD: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Holdings snapshots are 31 days apart (DGRO: 2026-04-30, SCHD: 2026-05-31). 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 SCHD?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 35 holdings in common, and by portfolio weight the two funds are 20.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 35DGRO holds 394 · SCHD holds 99
- Weight in Shared Holdings
- DGRO 20%·SCHD 58%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
359 of 394 positions (79.6% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | SCHD |
|---|---|---|
| Financials | 21.1% | 9.0% |
| Information Technology | 18.5% | 15.8% |
| Consumer Staples | 11.5% | 18.4% |
| Health Care | 16.4% | 18.3% |
| Energy | 5.5% | 14.6% |
| Other Sectors | 26.7% | 23.6% |
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% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
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 SCHD →
Shared Holdings(35)
The top 10 shared positions account for 77% of the overlap, led by UNH, PG and HD.
 UNHUnitedHealth Group Inc. COM | 2.31% | 5.09% | 2.31% |
|---|---|---|---|
 PGThe Procter & Gamble Co. COM | 2.07% | 3.55% | 2.07% |
 HDHome Depot, Inc. (The) | 1.89% | 3.36% | 1.89% |
 KOCoca-Cola Co (The) COM | 1.79% | 3.96% | 1.79% |
 MRKMerck & Co., Inc COM | 1.75% | 3.86% | 1.75% |
 PEPPepsico Inc COM | 1.70% | 3.44% | 1.70% |
 AMGNAmgen Inc. COM | 1.11% | 3.47% | 1.11% |
 QCOMQUALCOMM Inc. COM | 1.10% | 6.74% | 1.10% |
 COPConocoPhillips COM | 0.99% | 3.51% | 0.99% |
 ABTAbbott Laboratories COM | 0.79% | 2.96% | 0.79% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.76% | 2.90% | 0.76% |
 ADPAutomatic Data Processing, Inc. COM | 0.58% | 2.25% | 0.58% |
 EOGEOG Resources Inc. COM | 0.53% | 1.82% | 0.53% |
 LMTLockheed Martin Corporation COM | 0.47% | 2.70% | 0.47% |
 FITBFifth Third Bancorp COM | 0.35% | 1.13% | 0.35% |
 FASTFastenal Co. COM | 0.23% | 1.28% | 0.23% |
 ADMArcher-Daniels-Midland Co. COM | 0.23% | 0.96% | 0.23% |
 ARESAres Management Corporation CL A COM STK | 0.22% | 0.67% | 0.22% |
 PFGPrincipal Financial Group Inc. COM | 0.17% | 0.52% | 0.17% |
 DRIDarden Restaurants, Inc. COM | 0.16% | 0.59% | 0.16% |
 FNFFidelity National Financial Inc. - FNF Group | 0.13% | 0.30% | 0.13% |
 CINFCincinnati Financial Corporation COM | 0.12% | 0.62% | 0.12% |
 EWBCEast West Bancorp Inc COM | 0.12% | 0.42% | 0.12% |
 SNASnap-On Incorporated COM | 0.11% | 0.48% | 0.11% |
 BRBroadridge Financial Solutions Inc. COM | 0.08% | 0.45% | 0.08% |
Frequently Asked Questions
How much do DGRO and SCHD overlap?
DGRO and SCHD overlap by 20.1% of portfolio weight. They share 35 holdings (DGRO holds 394 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and SCHD?
The two portfolios are 20.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DGRO and SCHD?
The largest positions held by both funds are UNH, PG, HD, KO and MRK. Together the top 10 shared positions account for 77% of the total overlap.
What does DGRO own that SCHD doesn't?
359 positions (79.6% of DGRO) are unique to DGRO, led by AVGO, JPM and AAPL. In the other direction, 64 positions (41.4% of SCHD) are unique to SCHD.