ETF Comparison

CGDV vs DGRO: Which Is the Better Pick in 2026?

A head-to-head comparison of Capital Group Dividend Value ETF and iShares Core Dividend Growth ETF covering yield, cost, risk, and income potential.

Data updated July 15, 2026

Capital Group

ETFs25

Total AUM$146B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Capital Group is one of the largest ETF providers, known for offering diversified fund solutions across multiple asset classes and investment strategies. The company manages 291 ETFs organized across seven fund families including Allocation, American Funds, Bond, Dividend, Equity, International, and Municipal, enabling investors to build comprehensive portfolios from income-focused to growth-oriented strategies. Capital Group's broad lineup and established presence across equity, fixed income, and diversified allocation categories position it as a significant player serving both individual and institutional investors with varied investment objectives.

See our curated list of related YouTube videos on CGDV.

See all Capital Group ETFs

iShares

ETFs481

Total AUM$4450B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

iShares is one of the largest ETF providers globally, known for offering a broad, diversified lineup of exchange-traded funds across multiple asset classes and investment strategies. The company operates 215 funds spanning 15 distinct families, including popular offerings in dividend income, covered call strategies, bonds, equities, ESG-focused investments, and factor-based approaches, with widely-held tickers like AGG (bond), ACWI (global equity), and AOA (allocation). iShares is characterized by its comprehensive fund ecosystem that serves both core portfolio holdings and specialized investment strategies, making it a prominent player for investors seeking both traditional and alternative income-generating ETF solutions.

See our curated list of related YouTube videos on DGRO.

See all iShares ETFs

Side-by-side snapshot

	CGDV	DGRO
Full name	Capital Group Dividend Value ETF	iShares Core Dividend Growth ETF
Issuer	Capital Group	iShares
Last Close	$49.01 as of July 15, 2026	$76.52 as of July 15, 2026
Distribution yield	1.20%	1.73%
Distribution Safety Score	99	97
Expense ratio	0.33%	0.08%
AUM	$35.5B	$40.6B
Distribution frequency	Quarterly	Quarterly
Underlying index	Actively managed basket of U.S. dividend-paying equities	Basket (Growth-focused dividend equity holdings by BlackRock)
Objective	Actively managed portfolio seeking dividend-paying U.S. companies with attractive valuations.	Seeks to track the investment results of the Morningstar U.S. Dividend Growth Index, which measures the performance of U.S. equities with a history of consistently growing dividends. Companies must have a payout ratio less than 75% and are excluded if in the top decile based on dividend yield.
Asset class	Equity	Equity
Inception date	02/22/2022	06/10/2014
Beta	0.85	0.68
Last dividend	$0.1470	$0.3310
Ex-dividend date	06/30/2026	06/15/2026

Bottom lineChoose CGDV if you want a quality-dividend tilt rather than the whole market. Choose DGRO if you want higher current income (1.73% vs 1.20% for CGDV).

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

CGDV (Capital Group Dividend Value ETF) and DGRO (iShares Core Dividend Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.

DGRO offers the higher yield at 1.73% vs 1.20% for CGDV. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

DGRO is cheaper with an expense ratio of 0.08% compared to 0.33%.

They track different benchmarks: CGDV is linked to Actively managed basket of U.S. dividend-paying equities while DGRO tracks Basket (Growth-focused dividend equity holdings by BlackRock), which means their performance drivers differ.

DGRO is the larger fund by assets ($40.6B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, CGDV would generate roughly $10.00/month, while DGRO would produce $14.42/month, at current distribution rates. Both pay quarterly distributions.

CGDV yield1.20%

DGRO yield1.73%

Monthly diff on $10K$4.42

Cost & efficiency

Over 10 years on $10,000, CGDV would cost approximately $330 in fees vs $80 for DGRO (simplified, not compounded). The $250.00 difference may be offset by yield or performance.

CGDV ER0.33%

DGRO ER0.08%

Strategy & risk

CGDV tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while DGRO tracks Basket (Growth-focused dividend equity holdings by BlackRock). Beta is 0.85 for CGDV and 0.68 for DGRO, indicating DGRO is less volatile relative to the market.

CGDV beta0.85

DGRO beta0.68

Fund details

CGDV is managed by Capital Group (launched 02/22/2022) with $35.5B in assets. DGRO is managed by iShares (launched 06/10/2014) with $40.6B in assets.

CGDV AUM$35.5B

DGRO AUM$40.6B

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Frequently asked questions

Is CGDV or DGRO better for dividend income?

It depends on your goals. DGRO currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between CGDV and DGRO?

CGDV (Capital Group Dividend Value ETF) tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while DGRO (iShares Core Dividend Growth ETF) tracks Basket (Growth-focused dividend equity holdings by BlackRock). They are issued by Capital Group and iShares respectively.

Can I hold both CGDV and DGRO?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, CGDV or DGRO?

CGDV has an expense ratio of 0.33% while DGRO charges 0.08%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in CGDV vs DGRO generate?

At current rates, $10,000 in CGDV would generate roughly $10.00 per month ($120.00 annually). The same in DGRO would produce about $14.42 per month ($173.00 annually).

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