DGRO: iShares Core Dividend Growth ETF

iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund (ETF) run by iShares (BlackRock). This fund owns US companies that have raised their dividends year after year. It charges 0.08% a year. From June 2014 to October 2026 it returned about 12.4% a year, and its worst drop was −35.1%.

Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.

Yearly fee
0.08%
about $8 on $10,000
Return per year
12.4%
since June 2014
Worst drop
−35.1%
since 2014
Started trading
Jun 2014
iShares (BlackRock)

Key points

  • Expense ratio: 0.08% a year (about $8 on $10,000).
  • Started trading on June 10, 2014.
  • Worst drop since 2014: −35.1%.
  • No Tactfolio classic strategies hold it.

What does DGRO hold?#

This fund owns US companies that have raised their dividends year after year. A dividend is cash a company pays to its owners. The fund pays out that cash every three months, but its price still goes up and down with stocks.

It tracks the Morningstar US Dividend Growth Index. It had 391 holdings as of October 15, 2026, according to iShares (BlackRock).

FactDGRO
Full nameiShares Core Dividend Growth ETF
IssueriShares (BlackRock)
Expense ratio0.08% a year
Started tradingJune 10, 2014
TracksMorningstar US Dividend Growth Index
TypeUS stocks, ETF
Holdings391 holdings as of October 15, 2026
Facts checkedOctober 17, 2026 on the iShares (BlackRock) fund page

What is the DGRO expense ratio?#

DGRO charges 0.08% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.08% fee comes to about $8 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has DGRO done since 2014?#

$10k$20k201520172019202120232025
DGROGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

From June 2014 to October 2026, DGRO returned about 12.4% a year. Say you put in $10,000 at the start. It would have been worth about $42,218 at the end, with every dividend reinvested.

MeasureDGRO
Total return322.2%
Return per year (CAGR)12.4%
Worst drop from a high−35.1%
Volatility (how much it swings)16.0%
Last 12 months19.2%
Last 3 years, per year19.1%
Last 5 years, per year11.2%
Last 10 years, per year13.9%

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

DGRO returns by year#

YearDGRO return
2026 (part of the year)15.2%
202515.7%
202416.6%
202310.5%
2022−7.9%
202126.7%
20209.5%
201929.9%
2018−2.4%
201723.0%
201614.5%
2015−0.7%
2014 (part of the year)8.6%

What was DGRO’s worst drop?#

0%−10%−20%−30%201520172019202120232025
Drawdown: how far DGRO was below its last high on each day.

A drawdown is how far a fund falls from its last high point. DGRO’s worst fall was −35.1%, from February 12, 2020 to March 23, 2020. It got back to that high on November 9, 2020.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold DGRO?#

No classic strategy holds DGRO yet. You can add it to your own rules in the builder and see how they would have done.

How does DGRO compare with similar ETFs?#

Funds that can stand in for DGRO:

  • VIG: Vanguard Dividend Appreciation ETF, 0.04% a year
  • DGRW: WisdomTree U.S. Quality Dividend Growth Fund, 0.28% a year
  • NOBL: ProShares S&P 500 Dividend Aristocrats ETF, 0.35% a year
  • VYM: Vanguard High Dividend Yield ETF, 0.04% a year

See all 8 DGRO alternatives, compared on the same dates as DGRO.

Test DGRO in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add DGRO, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for DGRO. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from iShares (BlackRock). We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.

Common questions#

What is the expense ratio of DGRO?#

DGRO charges 0.08% a year, according to iShares (BlackRock) as of October 17, 2026. That is about $8 a year for every $10,000 you hold.

When did DGRO start trading?#

DGRO started trading on June 10, 2014. It is run by iShares (BlackRock).

What does DGRO track?#

DGRO tracks the Morningstar US Dividend Growth Index. This fund owns US companies that have raised their dividends year after year.

How much has DGRO returned per year?#

From June 2014 to October 2026, DGRO returned about 12.4% a year with dividends reinvested. Its worst drop was −35.1%. Past returns do not tell you what it will do next.

Which strategies use DGRO?#

None of Tactfolio’s classic strategies hold DGRO yet. You can test it in your own rules in the builder.

Sources#