ETF Comparison
DGRO vs DGRW: Which Is the Better Pick in 2026?
A head-to-head comparison of iShares Core Dividend Growth ETF and WisdomTree U.S. Quality Dividend Growth Fund covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| DGRO | DGRW | |
|---|---|---|
| Full name | iShares Core Dividend Growth ETF | WisdomTree U.S. Quality Dividend Growth Fund |
| Issuer | BlackRock | WisdomTree |
| Price | $70.20 | $88.09 |
| Distribution yield | 1.96% | 1.34% |
| Expense ratio | 0.08% | 0.28% |
| AUM | $38.8B | $16.2B |
| Distribution frequency | Quarterly | Monthly |
| Underlying index | Basket (Growth-focused dividend equity holdings by BlackRock) | Basket (WisdomTree U.S. Dividend Growth Fund stocks) |
| Objective | 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. | Seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Dividend Growth Index, a fundamentally weighted index of dividend-paying U.S. common stocks with growth characteristics. |
| Asset class | Equity | Equity |
| Inception date | 06/10/2014 | 05/22/2013 |
| Beta | 0.76 | 0.87 |
| Last dividend | $0.33 | $0.17 |
| Ex-dividend date | 03/17/2026 | 03/26/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
DGRO (iShares Core Dividend Growth ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both popular quarterly-pay 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. ETFs, but they take different approaches.
DGRO offers the higher yield at 1.96% vs 1.34% for DGRW. 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 0.28%.
They track different benchmarks: DGRO is linked to Basket (Growth-focused dividend equity holdings by BlackRock) while DGRW tracks Basket (WisdomTree U.S. Dividend Growth Fund stocks), which means their performance drivers differ.
DGRO is the larger fund by assets ($38.8B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, DGRO would generate roughly $16.33/month while DGRW would produce $11.17/month at current distribution rates. Both pay quarterly distributions.
Cost & efficiency
Over 10 years on $10,000, DGRO would cost approximately $80 in fees vs $280 for DGRW (simplified, not compounded). The $200.00 difference may be offset by yield or performance.
Strategy & risk
DGRO tracks Basket (Growth-focused dividend equity holdings by BlackRock) with a 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. approach, while DGRW tracks Basket (WisdomTree U.S. Dividend Growth Fund stocks) using a seeks to track the price and yield performance, before fees and expenses, of the wisdomtree u.s. quality dividend growth index, a fundamentally weighted index of dividend-paying u.s. common stocks with growth characteristics. strategy. Beta is 0.76 for DGRO and 0.87 for DGRW, indicating DGRO is less volatile relative to the market.
Fund details
DGRO is managed by BlackRock (launched 06/10/2014) with $38.8B in assets. DGRW is managed by WisdomTree (launched 05/22/2013) with $16.2B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is DGRO or DGRW 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 DGRO and DGRW?
DGRO (iShares Core Dividend Growth ETF) tracks Basket (Growth-focused dividend equity holdings by BlackRock) with a 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. strategy, while DGRW (WisdomTree U.S. Quality Dividend Growth Fund) tracks Basket (WisdomTree U.S. Dividend Growth Fund stocks) with a seeks to track the price and yield performance, before fees and expenses, of the wisdomtree u.s. quality dividend growth index, a fundamentally weighted index of dividend-paying u.s. common stocks with growth characteristics. approach. They are issued by BlackRock and WisdomTree respectively.
Can I hold both DGRO and DGRW?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, DGRO or DGRW?
DGRO has an expense ratio of 0.08% while DGRW charges 0.28%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DGRO vs DGRW generate?
At current yields, $10,000 in DGRO would generate roughly $16.33 per month ($196.00 annually). The same in DGRW would produce about $11.17 per month ($134.00 annually).
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