VIG vs DGRO: Holdings Overlap
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
How similar are VIG and DGRO?
Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332 positions; iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394. They have 249 holdings in common, and by portfolio weight the two funds are 70.4% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 70.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 249VIG holds 332 · DGRO holds 394
- Weight in Shared Holdings
- VIG 96%·DGRO 81%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 VIG
83 of 332 positions (3.3% of the fund) are not held by DGRO. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIG | DGRO |
|---|---|---|
| Information Technology | 25.5% | 18.5% |
| Financials | 20.5% | 21.1% |
| Health Care | 16.4% | 16.4% |
| Industrials | 12.1% | 11.5% |
| Consumer Staples | 10.2% | 11.5% |
| Other Sectors | 14.7% | 20.8% |
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 |
|---|---|---|---|---|---|---|---|
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
| DGRO | +2.4% | +15.5% | +25.2% | +17.4% | +11.3% | +13.6% | 1.86% |
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 VIG vs DGRO →
Shared Holdings(249)
The top 10 shared positions account for 34% of the overlap, led by AVGO, JPM and AAPL.
 AVGOBroadcom Inc COM | 5.18% | 3.25% | 3.25% |
|---|---|---|---|
 JPMJPMorgan Chase & Co. COM | 3.59% | 3.04% | 3.04% |
 AAPLApple Inc. COM | 4.07% | 2.93% | 2.93% |
 MSFTMicrosoft Corp. COM | 3.97% | 2.91% | 2.91% |
 XOMExxon Mobil Corp. COM | 2.90% | 2.90% | 2.90% |
 JNJJohnson & Johnson COM | 2.49% | 2.64% | 2.49% |
 ABBVAbbVie Inc. COM | 1.68% | 2.52% | 1.68% |
 CSCOCisco Systems, Inc. COM | 1.63% | 1.73% | 1.63% |
 BACBank of America Corp. COM | 1.57% | 1.83% | 1.57% |
 PGThe Procter & Gamble Co. COM | 1.54% | 2.07% | 1.54% |
 UNHUnitedHealth Group Inc. COM | 1.51% | 2.31% | 1.51% |
 HDHome Depot, Inc. (The) | 1.47% | 1.89% | 1.47% |
 KOCoca-Cola Co (The) COM | 1.37% | 1.79% | 1.37% |
 MRKMerck & Co., Inc COM | 1.22% | 1.75% | 1.22% |
 GSGoldman Sachs Group, Inc. (The) | 1.19% | 1.18% | 1.18% |
 LLYEli Lilly & Co. COM | 3.34% | 1.14% | 1.14% |
 VVisa, Inc., Class A | 2.33% | 1.05% | 1.05% |
 MSMorgan Stanley COM NEW | 1.03% | 1.28% | 1.03% |
 PEPPepsico Inc COM | 0.98% | 1.70% | 0.98% |
 IBMInternational Business Machines Corp. COM | 0.97% | 1.27% | 0.97% |
 WMTWalmart Inc COM | 2.60% | 0.95% | 0.95% |
 MCDMcDonald's Corp. COM | 0.94% | 1.04% | 0.94% |
 NEENextEra Energy Inc COM | 0.92% | 1.23% | 0.92% |
 QCOMQUALCOMM Inc. COM | 0.86% | 1.10% | 0.86% |
 AMGNAmgen Inc. COM | 0.84% | 1.11% | 0.84% |
Frequently Asked Questions
How much do VIG and DGRO overlap?
VIG and DGRO overlap by 70.4% of portfolio weight. They share 249 holdings (VIG holds 332 positions and DGRO holds 394), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIG and DGRO?
The two portfolios are 70.4% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of VIG and DGRO?
The largest positions held by both funds are AVGO, JPM, AAPL, MSFT and XOM. Together the top 10 shared positions account for 34% of the total overlap.
What does VIG own that DGRO doesn't?
83 positions (3.3% of VIG) are unique to VIG, led by TXN, SBUX and NKE. In the other direction, 145 positions (19.2% of DGRO) are unique to DGRO.