DGRO vs SMH: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
VanEck · 25 holdings · $71.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (DGRO: 2026-04-30, SMH: 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 SMH?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; VanEck Semiconductor ETF (SMH, by VanEck) holds 25. They have 9 holdings in common, and by portfolio weight the two funds are 6.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9DGRO holds 394 · SMH holds 25
- Weight in Shared Holdings
- DGRO 7%·SMH 34%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
385 of 394 positions (93.1% of the fund) are not held by SMH. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | SMH |
|---|---|---|
| Information Technology | 18.5% | 99.9% |
| Financials | 21.1% | 0.0% |
| Health Care | 16.4% | 0.0% |
| Consumer Staples | 11.5% | 0.0% |
| Industrials | 11.5% | 0.0% |
| Other Sectors | 20.8% | 0.0% |
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% |
| SMH | +0.2% | +61.8% | +100.8% | +55.9% | +34.9% | +34.9% | 0.19% |
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 SMH →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by AVGO, QCOM and ADI.
 AVGOBroadcom Inc COM | 3.25% | 7.79% | 3.25% |
|---|---|---|---|
 QCOMQUALCOMM Inc. COM | 1.10% | 4.09% | 1.10% |
 ADIAnalog Devices Inc. COM | 0.54% | 4.70% | 0.54% |
 AMATApplied Materials Inc. COM | 0.38% | 4.59% | 0.38% |
 LRCXLam Research Corporation COM NEW | 0.35% | 4.60% | 0.35% |
 MCHPMicrochip Technology Incorporated COM | 0.31% | 1.00% | 0.31% |
 NXPINXP Semiconductors NV EUR0.20 | 0.31% | 1.24% | 0.31% |
 KLACKLA Corp. COM NEW | 0.27% | 4.74% | 0.27% |
 MPWRMonolithic Power Systems Inc. COM | 0.10% | 1.23% | 0.10% |
Frequently Asked Questions
How much do DGRO and SMH overlap?
DGRO and SMH overlap by 6.6% of portfolio weight. They share 9 holdings (DGRO holds 394 positions and SMH holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and SMH?
The two portfolios are 6.6% 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 SMH?
The largest positions held by both funds are AVGO, QCOM, ADI, AMAT and LRCX. Together the top 9 shared positions account for 100% of the total overlap.
What does DGRO own that SMH doesn't?
385 positions (93.1% of DGRO) are unique to DGRO, led by JPM, AAPL and MSFT. In the other direction, 16 positions (65.9% of SMH) are unique to SMH.