DGRO vs SCHD
DGRO and SCHD overlap by 20.8% of their weight, in the 32 companies both hold, by DGRO's issuer file of 2026-10-27 and SCHD's SEC Form N-PORT for the period ended 2026-08-31.
iShares Core Dividend Growth ETF against Schwab US Dividend Equity ETF.
The short answer
SCHD is the narrower fund: 99 positions against 391 for DGRO. 59.2% of SCHD's weight is in companies DGRO also holds, but the reverse share is only 20.9%.
The two funds
- Last close, 2026-10-28
- $80.10 +0.19%
- Cost per year
- 0.08%
- Return, 1 year
- 20.1%
- Return, 3 years
- 71.6%higher
- Worst fall, 3 years
- -12.1%shallower
- Volatility
- 10.9%calmer
- Positions
- 391
- Top 10 weight
- 27.2%
- Last close, 2026-10-28
- $35.09 -0.09%
- Cost per year
- 0.06%cheaper
- Return, 1 year
- 35.8%higher
- Return, 3 years
- 67.2%
- Worst fall, 3 years
- -12.8%
- Volatility
- 12.6%
- Positions
- 99
- Top 10 weight
- 41.7%
DGRO and SCHD, prices through 2026-10-28. How the badges are decided.
Holdings overlap
32 companies sit in both funds. That is 20.9% of DGRO's own weight and 59.2% of SCHD's.
Side by side
DGRO from its issuer file of 27 Oct 2026, SCHD from its SEC Form N-PORT for the period ended 31 Aug 2026
What the numbers say
Two dividend screens with a small intersection
DGRO admits a company after five years of dividend growth and a payout ratio below three quarters of earnings, which is why Apple, Microsoft and Broadcom are inside it. SCHD asks for ten years of payments and then ranks on cash flow against debt, return on equity, yield and dividend growth, and low yielders such as those three do not score high enough to make its hundred. The result is 32 shared companies, weighing 20.8% of the pair, and Procter & Gamble, Home Depot, UnitedHealth Group and Coca-Cola add the most to it.
Which way the overlap runs
Because SCHD is a list of 99 and DGRO a list of 391, the shared names carry 59.2% of SCHD's weight but only 20.9% of DGRO's. DGRO's 359 unshared companies are led by ExxonMobil, Microsoft and Apple. SCHD's 67 are led by Chevron, Verizon, Bristol Myers Squibb and Texas Instruments.
How they have moved
Over the past year SCHD returned 35.8% and DGRO 20.1%; over three years the order reverses, 71.6% for DGRO against 67.2%, and over five years 66.4% against 59.5%. The worst falls were close, -12.1% and -12.8%, with DGRO the calmer of the two at 10.9% volatility against 12.6%.
What a portfolio holding both actually owns
Weekly returns correlated at 0.87 over three years and 0.76 over the past year, so the two do not move in lockstep. With 41.7% of SCHD in its ten largest positions against 27.2% for DGRO, pairing them mostly adds DGRO's broad list of growers to SCHD's concentrated list of payers, and the 32 names in both are the only place the weights stack.
Where they hold the same companies
| Measure | Value |
|---|---|
| Overlap by weight | 20.8% |
| Share of DGRO held in common with SCHD | 20.9% |
| Share of SCHD held in common with DGRO | 59.2% |
| Companies in both | 32 |
| Positions in DGRO / SCHD | 391 / 99 |
DGRO holdings as published 2026-10-27; SCHD holdings from its SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-27.
Largest positions held by both
| Rank | Company | In DGRO | In SCHD | Weight in each | Overlap |
|---|---|---|---|---|---|
| 1 | PG Procter & Gamble | 2.42% | 3.82% | 2.42% | |
| 2 | HD Home Depot | 2.03% | 3.87% | 2.03% | |
| 3 | UNH UnitedHealth Group | 1.89% | 3.82% | 1.89% | |
| 4 | KO Coca-Cola | 1.89% | 4.16% | 1.89% | |
| 5 | MRK Merck | 1.74% | 4.76% | 1.74% | |
| 6 | PEP PepsiCo | 1.72% | 3.64% | 1.72% | |
| 7 | AMGN Amgen | 1.23% | 4.7% | 1.23% | |
| 8 | ACN Accenture | 1.1% | 2.84% | 1.1% | |
| 9 | COP ConocoPhillips | 0.98% | 3.93% | 0.98% | |
| 10 | QCOM Qualcomm | 0.94% | 2.52% | 0.94% | |
| 11 | ABT Abbott Laboratories | 0.91% | 4.68% | 0.91% | |
| 12 | LMT Lockheed Martin | 0.7% | 2.77% | 0.7% | |
| 13 | ADP Automatic Data Processing | 0.63% | 2.78% | 0.63% | |
| 14 | EOG EOG Resources | 0.52% | 1.88% | 0.52% | |
| 15 | FITB Fifth Third Bancorp | 0.31% | 1.19% | 0.31% |
Held by only one of them
| In DGRO only | Weight | In SCHD only | Weight |
|---|---|---|---|
| XOM ExxonMobil | 3.24% | CVX Chevron | 4.01% |
| MSFT Microsoft | 3.14% | VZ Verizon | 3.96% |
| AAPL Apple | 3.11% | BMY Bristol Myers Squibb | 3.32% |
| ABBV AbbVie | 3.0% | TXN Texas Instruments | 3.12% |
| JNJ Johnson & Johnson | 2.77% | MO Altria | 2.78% |
| JPM JPMorgan Chase | 2.68% | BX Blackstone | 2.59% |
| AVGO Broadcom | 2.55% | CMCSA Comcast | 2.31% |
| PM Philip Morris International | 2.23% | SLB Schlumberger | 2.19% |
| IBM IBM | 1.49% | UPS United Parcel Service | 1.89% |
| CSCO Cisco | 1.49% | TGT Target | 1.78% |
Covariance and correlation
Covariance, annualised (%2)
| DGRO | SCHD | |
|---|---|---|
| DGRO | 119 | 118.6 |
| SCHD | 118.6 | 159 |
Percent squared per year, three years of weekly returns
Correlation, 3 years
| DGRO | SCHD | |
|---|---|---|
| DGRO | 1.00 | 0.87usually in step |
| SCHD | 0.87usually in step | 1.00 |
Weekly total returns, what the bands mean
Check it: 118.6 divided by (10.9 × 12.6) is 0.86, the correlation in the second matrix.
One year, side by side
Cost, returns and risk
| Measure | DGRO | SCHD |
|---|---|---|
| Expense ratio | 0.08% | 0.06% |
| Dividend yield | 1.98% | n/a |
| Total return, 1 year | 20.1% | 35.8% |
| Total return, 3 years cumulative | 71.6% | 67.2% |
| Total return, 5 years cumulative | 66.4% | 59.5% |
| Volatility, annualised on 3 years of weekly returns | 10.9% | 12.6% |
| Worst fall in 3 years, peak to trough, weekly closes | -12.1% | -12.8% |
| Beta against the S&P 500 | 0.62 | 0.46 |
| Positions held | 391 | 99 |
| Weight in the ten largest positions | 27.2% | 41.7% |
| Weight in the single largest position | 3.2% | 4.8% |
| Assets | $41.9B | n/a |
Prices through 2026-10-28. The positions and the weights of the largest positions are from DGRO's issuer file of 2026-10-27 and SCHD's SEC Form N-PORT for the period ended 2026-08-31.
Year by year
| Year | DGRO | SCHD |
|---|---|---|
| 2026 | 17.0% | 31.1% |
| 2025 | 15.7% | 4.3% |
| 2024 | 16.6% | 11.7% |
| 2023 | 10.5% | 4.5% |
| 2022 | -7.9% | -3.3% |
Do they move together
| Window | Correlation of weekly returns |
|---|---|
| 1 year | 0.76 |
| 3 years | 0.87 |
| 5 years | 0.93 |
Where to go next
- DGRO, the full page: every holding, and what else it duplicates
- SCHD, the full page
- QQQ vs SPY
- VIG vs VYM
- VOO vs VUG
- Run the x-ray on your whole portfolio, this pair included
- Check any other pair in the overlap calculator
How these numbers are produced · Ask the same questions from your assistant
Cite this page
TickerInside, DGRO vs SCHD, holdings from DGRO's issuer file of 2026-10-27, and SCHD's SEC Form N-PORT for the period ended 2026-08-31, filed 2026-10-27, https://tickerinside.com/compare/dgro-vs-schd/, CC BY 4.0
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