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.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Schwab is known for offering low-cost, broad-based ETFs that serve both core portfolio holdings and specialized investment strategies. Their 33-fund lineup spans multiple asset classes including bonds, equities, international markets, digital assets, and factor-based strategies, with a notable emphasis on dividend-focused funds like SCHD alongside core index options. The issuer emphasizes accessibility for individual investors through competitive expense ratios and a diverse range of fund families designed to support various investment objectives.
See our curated list of related YouTube videos on SCHG.
Basket (Growth-focused dividend equity holdings by BlackRock)
Dow Jones U.S. Large-Cap Growth Total Stock Market Index
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 Dow Jones U.S. Large-Cap Growth Total Stock Market Index, holding the components ranked 1-750 by full market capitalization that are classified as growth.
Asset class
Equity
Equity
Inception date
06/10/2014
12/11/2009
Beta
0.68
1.21
Last dividend
$0.3310
$0.0340
Ex-dividend date
06/15/2026
06/24/2026
Bottom lineChoose DGRO if you want higher current income (1.67% vs 0.38% for SCHG). Choose SCHG if you want a growth tilt and can accept bigger swings for higher upside.
Most used
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Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
DGRO has outpaced SCHG over the trailing twelve months, posting a 24.81% total return against 18.23%. The picture flips over 10 years, though — SCHG has compounded at 18.64% a year, ahead of DGRO at 13.58%. DGRO has been the steadier holding, though — annualized volatility of 11.8% against 19.6% for SCHG. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 5, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Jun 2014” measures every fund from June 12, 2014 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
DGRO (iShares Core Dividend Growth ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
DGRO offers the higher yield at 1.67% vs 0.38% for SCHG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SCHG is cheaper with an expense ratio of 0.04% compared to 0.08%.
They track different benchmarks: DGRO is linked to Basket (Growth-focused dividend equity holdings by BlackRock) while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which means their performance drivers differ.
SCHG is the larger fund by assets ($59.3B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose DGRO
iShares Core Dividend Growth ETF
Want higher current income — DGRO yields 1.67% vs 0.38% for SCHG.
Want broad equity exposure.
Prefer lower volatility — a beta of 0.7 vs 1.2 for SCHG.
Choose SCHG
Schwab U.S. Large-Cap Growth ETF
Want a growth tilt and can accept larger swings for more upside.
Want to keep costs low — a 0.04% expense ratio vs 0.08% for DGRO.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Still deciding? Track DGRO & SCHG for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment, DGRO would generate roughly $13.92/month, while SCHG would produce $3.17/month, at current distribution rates. Both pay quarterly distributions.
DGRO yield1.67%
SCHG yield0.38%
Monthly diff on $10K$10.75
Cost & efficiency
Over 10 years on $10,000, DGRO would cost approximately $80 in fees vs $40 for SCHG (simplified, not compounded). The $40.00 difference may be offset by yield or performance.
DGRO ER0.08%
SCHG ER0.04%
Strategy & risk
DGRO tracks Basket (Growth-focused dividend equity holdings by BlackRock), while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Beta is 0.68 for DGRO and 1.21 for SCHG, indicating DGRO is less volatile relative to the market.
DGRO beta0.68
SCHG beta1.21
Fund details
DGRO is managed by iShares (launched 06/10/2014) with $42.9B in assets. SCHG is managed by Schwab (launched 12/11/2009) with $59.3B in assets.
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Frequently asked questions
What is the current distribution yield for DGRO and SCHG?
DGRO currently distributes 1.67% and SCHG 0.38%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.
Is DGRO or SCHG 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 SCHG?
DGRO (iShares Core Dividend Growth ETF) tracks Basket (Growth-focused dividend equity holdings by BlackRock), while SCHG (Schwab U.S. Large-Cap Growth ETF) tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They are issued by iShares and Schwab respectively.
Can I hold both DGRO and SCHG?
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, DGRO or SCHG?
DGRO has an expense ratio of 0.08% while SCHG charges 0.04%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DGRO vs SCHG generate?
At current rates, $10,000 in DGRO would generate roughly $13.92 per month ($167.00 annually). The same in SCHG would produce about $3.17 per month ($38.00 annually).
Which has performed better historically, DGRO or SCHG?
DGRO has outpaced SCHG over the trailing twelve months, posting a 24.81% total return against 18.23%. The picture flips over 10 years, though — SCHG has compounded at 18.64% a year, ahead of DGRO at 13.58%. DGRO has been the steadier holding, though — annualized volatility of 11.8% against 19.6% for SCHG. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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