DGRO vs SDY: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (DGRO: 2026-04-30, SDY: 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 SDY?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154. They have 112 holdings in common, and by portfolio weight the two funds are 27.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 112DGRO holds 394 · SDY holds 154
- Weight in Shared Holdings
- DGRO 36%·SDY 72%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
282 of 394 positions (63.5% of the fund) are not held by SDY. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | SDY |
|---|---|---|
| Financials | 21.1% | 12.5% |
| Industrials | 11.5% | 18.7% |
| Information Technology | 18.5% | 7.9% |
| Health Care | 16.4% | 8.4% |
| Consumer Staples | 11.5% | 15.2% |
| Other Sectors | 20.8% | 37.1% |
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% |
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
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 SDY →
Shared Holdings(112)
The top 10 shared positions account for 41% of the overlap, led by PEP, PG and KO.
 PEPPepsico Inc COM | 1.70% | 1.91% | 1.70% |
|---|---|---|---|
 PGThe Procter & Gamble Co. COM | 2.07% | 1.25% | 1.25% |
 KOCoca-Cola Co (The) COM | 1.79% | 1.18% | 1.18% |
 IBMInternational Business Machines Corp. COM | 1.27% | 1.17% | 1.17% |
 NEENextEra Energy Inc COM | 1.23% | 1.15% | 1.15% |
 ABBVAbbVie Inc. COM | 2.52% | 1.13% | 1.13% |
 MCDMcDonald's Corp. COM | 1.04% | 1.23% | 1.04% |
 JNJJohnson & Johnson COM | 2.64% | 0.91% | 0.91% |
 ABTAbbott Laboratories COM | 0.79% | 1.27% | 0.79% |
 QCOMQUALCOMM Inc. COM | 1.10% | 0.78% | 0.78% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.76% | 2.74% | 0.76% |
 SOSouthern Co. (The) | 0.72% | 1.32% | 0.72% |
 MDTMedtronic PLC USD0.0001 | 0.72% | 1.65% | 0.72% |
 ADPAutomatic Data Processing, Inc. COM | 0.58% | 1.46% | 0.58% |
 LOWLowes Companies, Inc. COM | 0.57% | 1.04% | 0.57% |
 MSFTMicrosoft Corp. COM | 2.91% | 0.53% | 0.53% |
 LINLinde PLC COM EUR0.001 | 0.64% | 0.51% | 0.51% |
 LMTLockheed Martin Corporation COM | 0.47% | 1.31% | 0.47% |
 ADIAnalog Devices Inc. COM | 0.54% | 0.46% | 0.46% |
 APDAir Products & Chemicals, Inc. COM | 0.39% | 1.07% | 0.39% |
 ITWIllinois Tool Works Inc. COM | 0.39% | 1.09% | 0.39% |
 WMTWalmart Inc COM | 0.95% | 0.38% | 0.38% |
 CLColgate-Palmolive Co. COM | 0.34% | 1.00% | 0.34% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 0.32% | 0.53% | 0.32% |
 MCHPMicrochip Technology Incorporated COM | 0.31% | 0.75% | 0.31% |
Frequently Asked Questions
How much do DGRO and SDY overlap?
DGRO and SDY overlap by 27.3% of portfolio weight. They share 112 holdings (DGRO holds 394 positions and SDY holds 154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and SDY?
The two portfolios are 27.3% 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 SDY?
The largest positions held by both funds are PEP, PG, KO, IBM and NEE. Together the top 10 shared positions account for 41% of the total overlap.
What does DGRO own that SDY doesn't?
282 positions (63.5% of DGRO) are unique to DGRO, led by AVGO, JPM and AAPL. In the other direction, 42 positions (27.7% of SDY) are unique to SDY.