ETF comparison

DGRO vs USMV

Dividend vs Low Volatility Factor.

iShares Core Dividend Growth ETF · iShares MSCI USA Min Vol Factor ETF

Holdings overlap

Weighted by ISIN/CUSIP
35.2 %

90 positions appear in both funds. Buying equal dollars of DGRO and USMV would leave roughly 35.2% of each dollar exposed to the same underlying securities.

DGRO only 64.5% Shared 35.2% USMV only 64.5%
In DGRO only
304 positions
Shared
90 positions
In USMV only
80 positions

Side by side

DGRO

iShares Core Dividend Growth ETF

iShares · Dividend

89 composite / 100
Expense ratio
0.080%
Net assets
$41.23B
TTM yield
1.93%
Top-10 conc.
26.5%
USMV

iShares MSCI USA Min Vol Factor ETF

iShares · Low Volatility Factor

90 composite / 100
Expense ratio
0.15%
Net assets
$23.01B
TTM yield
1.50%
Top-10 conc.
15.6%

Sub-score comparison

92
Cost
85
77
Tax efficiency
85
100
Liquidity
100
76
Concentration
92
Tracking quality
DGRO sub-score USMV

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

DGRO is 7 bps cheaper than USMV. On a $100,000 position that's about $70/yr more in fees for USMV.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with DGRO vs USMV.

Top shared holdings

90 shared in total
# Holding In DGRO In USMV Overlap
1 CISCO SYSTEMS INC 1.73% 1.80% 1.73%
2 EXXON MOBIL CORP 2.90% 1.60% 1.60%
3 MICROSOFT CORP 2.91% 1.56% 1.56%
4 JOHNSON & JOHNSON 2.64% 1.43% 1.43%
5 COCA-COLA COMPANY (THE) 1.79% 1.19% 1.19%
6 MERCK & COMPANY INC 1.75% 1.17% 1.17%
7 INTERNATIONAL BUSINESS MACHINES CORP 1.27% 1.11% 1.11%
8 PROCTER & GAMBLE COMPANY (THE) 2.07% 1.10% 1.10%
9 MCDONALD'S CORP 1.04% 1.24% 1.04%
10 PEPSICO INC 1.70% 1.01% 1.01%
11 VISA INC 1.05% 0.94% 0.94%
12 WALMART INC 0.95% 0.87% 0.87%

Only in DGRO

304 total
  • JP MORGAN CHASE & COMPANY 3.04%
  • BANK OF AMERICA CORP 1.83%
  • WELLS FARGO & COMPANY 1.29%
  • MORGAN STANLEY 1.28%
  • GOLDMAN SACHS GROUP INC (THE) 1.18%
  • CITIGROUP INC 1.12%
  • CONOCOPHILLIPS 0.99%
  • CATERPILLAR INC 0.79%
  • UNION PACIFIC CORP 0.77%
  • BLACKROCK INC 0.72%

Only in USMV

80 total
  • NVIDIA CORPORATION 1.63%
  • VERIZON COMMUNICATIONS INC. 1.49%
  • BERKSHIRE HATHAWAY INC. 1.41%
  • VERTEX PHARMACEUTICALS INCORPORATED 1.36%
  • WASTE CONNECTIONS, INC. 1.28%
  • NEWMONT CORPORATION 1.18%
  • T-MOBILE US, INC. 1.16%
  • THE PROGRESSIVE CORPORATION 1.07%
  • CBOE GLOBAL MARKETS, INC. 1.06%
  • AT&T INC. 0.99%

Open DGRO or USMV at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.