DGRO vs DVY: Which Is the Better Dividend Stock?
As of Nov 2, 2026, DVY (iShares Select Dividend ETF) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. DVY offers the higher yield at 3.29%, DVY has the higher dividend-safety score, and DVY looks like the better value (its fair-value estimate is 58% below its share price).
Key facts: DGRO vs DVY
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, iShares Select Dividend ETF (DVY) has the higher forward dividend yield at 3.29%, versus 1.84% for iShares Core Dividend Growth ETF (DGRO).
- As of Nov 2, 2026, SmarterDividends grades DGRO's dividend safety C (59/100) and DVY's B (78/100).
- By SmarterDividends' count as of Nov 2, 2026, DGRO has raised its dividend for 11 consecutive years and DVY for 5.
- As of Nov 2, 2026, DGRO's fair-value estimate is 66% below its share price and DVY's fair-value estimate is 58% below its share price, so DVY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs DVY: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dgro-vs-dvy
| Metric | DGRO | DVY |
|---|---|---|
| Forward yield | 1.84% | 3.29% |
| Annual dividend | $1.49 | $3.54 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 5 yr |
| 5-yr dividend growth | 7.1% | 7.9% |
| 5-yr total return | 55% | 41% |
| Dividend safety score | 59 (C) | 78 (B) |
| Fair value estimate | $27.91 | $68.21 |
| Upside to fair value | -66% | -58% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 23.1 | 15.7 |
Higher yield
DVY
3.29%
Safer dividend
DVY
Grade B
Faster growth
DVY
7.9%
Better value
DVY
-58% upside
DGRO vs DVY — FAQ
Is DGRO or DVY a better dividend stock?
On the data, DVY wins more head-to-head categories (5 vs 2). DVY offers the higher yield (3.29%), while DVY has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGRO or DVY?
DVY has the higher forward dividend yield at 3.29%, versus 1.84% for DGRO.
Is DGRO or DVY safer?
DVY has the higher dividend-safety score (78/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or DVY better value right now?
As of Nov 2, 2026, DVY looks like the better value: its fair-value estimate is 58% below its share price (overvalued). For DGRO, its fair-value estimate is 66% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.