DGRO vs XLG: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
Invesco · 51 holdings · $10.7B · as of 2026-04-30
How similar are DGRO and XLG?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; Invesco S&P 500 Top 50 ETF (XLG, by Invesco) holds 51. They have 31 holdings in common, and by portfolio weight the two funds are 33.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31DGRO holds 394 · XLG holds 51
- Weight in Shared Holdings
- DGRO 50%·XLG 51%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
363 of 394 positions (49.5% of the fund) are not held by XLG. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | XLG |
|---|---|---|
| Information Technology | 18.5% | 43.7% |
| Financials | 21.1% | 9.6% |
| Communication Services | 0.1% | 17.0% |
| Health Care | 16.4% | 7.0% |
| Consumer Staples | 11.5% | 5.8% |
| Other Sectors | 32.1% | 16.6% |
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% |
| XLG | +3.7% | +7.2% | +17.9% | +22.2% | +14.3% | +16.6% | 0.63% |
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 XLG →
Shared Holdings(31)
The top 10 shared positions account for 57% of the overlap, led by AVGO, AAPL and MSFT.
 AVGOBroadcom Inc COM | 3.25% | 4.83% | 3.25% |
|---|---|---|---|
 AAPLApple Inc. COM | 2.93% | 10.71% | 2.93% |
 MSFTMicrosoft Corp. COM | 2.91% | 8.14% | 2.91% |
 JPMJPMorgan Chase & Co. COM | 3.04% | 2.27% | 2.27% |
 XOMExxon Mobil Corp. COM | 2.90% | 1.73% | 1.73% |
 JNJJohnson & Johnson COM | 2.64% | 1.49% | 1.49% |
 LLYEli Lilly & Co. COM | 1.14% | 1.99% | 1.14% |
 VVisa, Inc., Class A | 1.05% | 1.49% | 1.05% |
 ABBVAbbVie Inc. COM | 2.52% | 1.00% | 1.00% |
 CSCOCisco Systems, Inc. COM | 1.73% | 0.97% | 0.97% |
 BACBank of America Corp. COM | 1.83% | 0.95% | 0.95% |
 WMTWalmart Inc COM | 0.95% | 1.56% | 0.95% |
 PGThe Procter & Gamble Co. COM | 2.07% | 0.92% | 0.92% |
 UNHUnitedHealth Group Inc. COM | 2.31% | 0.90% | 0.90% |
 HDHome Depot, Inc. (The) | 1.89% | 0.88% | 0.88% |
 KOCoca-Cola Co (The) COM | 1.79% | 0.82% | 0.82% |
 CATCaterpillar Inc COM | 0.79% | 1.11% | 0.79% |
 GSGoldman Sachs Group, Inc. (The) | 1.18% | 0.74% | 0.74% |
 ORCLOracle Corp. COM | 0.80% | 0.74% | 0.74% |
 MRKMerck & Co., Inc COM | 1.75% | 0.73% | 0.73% |
 PMPhilip Morris International Inc. COM | 1.94% | 0.69% | 0.69% |
 WFCWells Fargo & Co. COM | 1.29% | 0.68% | 0.68% |
 LINLinde PLC COM EUR0.001 | 0.64% | 0.63% | 0.63% |
 MAMasterCard Incorporated CL A | 0.61% | 1.10% | 0.61% |
 PEPPepsico Inc COM | 1.70% | 0.58% | 0.58% |
Frequently Asked Questions
How much do DGRO and XLG overlap?
DGRO and XLG overlap by 33.0% of portfolio weight. They share 31 holdings (DGRO holds 394 positions and XLG holds 51), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and XLG?
The two portfolios are 33.0% 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 XLG?
The largest positions held by both funds are AVGO, AAPL, MSFT, JPM and XOM. Together the top 10 shared positions account for 57% of the total overlap.
What does DGRO own that XLG doesn't?
363 positions (49.5% of DGRO) are unique to DGRO, led by MS, NEE and C. In the other direction, 20 positions (48.5% of XLG) are unique to XLG.