SmarterDividends

DGRO vs SPHD: Which Is the Better Dividend Stock?

As of July 2026, DGRO (iShares Core Dividend Growth ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SPHD offers the higher yield at 4.52%, DGRO has the higher dividend-safety score, and SPHD trades at the larger discount to fair value (-39%).

MetricDGROSPHD
Forward yield1.90%4.52%
Annual dividend$1.48$2.39
Payout ratio
Years of growth11 yr1 yr
5-yr dividend growth7.1%1.0%
5-yr total return47%19%
Dividend safety score89 (A)55 (C)
Fair value estimate$26.21$32.26
Upside to fair value-66%-39%
Frequencyquarterlymonthly
Market cap
P/E ratio23.818.0

Higher yield

SPHD

4.52%

Safer dividend

DGRO

Grade A

Faster growth

DGRO

7.1%

Better value

SPHD

-39% upside

DGRO vs SPHD — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.