DGRO vs SPHD: Yield, Cost and Returns Compared
As of Nov 8, 2026, SPHD yields more: 4.76% (dividend yield) against 1.87% for DGRO. DGRO is cheaper to own at 0.08% a year vs 0.30%. Over the same 12 years (Jun 2014 to Oct 2026), DGRO returned 12.5% a year with distributions reinvested, and SPHD 8.5%.
DGROiShares Core Dividend Growth ETF1.87%dividend yield
SPHDInvesco S&P 500 High Dividend Low Volatility ETF4.76%dividend yield| Compared | DGRO | SPHD |
|---|---|---|
| YieldDividend yield | 1.87% | 4.76% |
| Expense ratio | 0.08% | 0.30% |
| Total return, 1 yr | +21.4% | +15.5% |
| Total return, 3 yr (a year) | +21.5% | +15.7% |
| Total return, 5 yr (a year) | +11.3% | +8.3% |
| Total return, 10 yr (a year) | +14.1% | +7.7% |
| Worst drop since Jun 2014 | -21.9% | -30.9% |
| Share price since Jun 2014 | +224% | +65% |
| Pays | Quarterly | Monthly |
| Issuer | iShares | Invesco |
| Assets | $45.3B | $3.4B |
| Started | 2014 | 2012 |
| Type | Large Value | Large Value |
Higher yield
SPHD
4.76%
Lower cost
DGRO
0.08%
Better total return
DGRO
12.5%/yr
Smaller worst drop
DGRO
-21.9%
Key facts: DGRO vs SPHD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DGRO yields 1.87% (dividend yield) and SPHD yields 4.76% (dividend yield).
- DGRO's expense ratio is 0.08% and SPHD's is 0.30%: $8 vs $30 a year on $10,000.
- From Jun 2014 to Oct 2026, $10,000 in DGRO grew to $42,805 (12.5% a year) and $10,000 in SPHD to $27,273 (8.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -21.9% for DGRO and -30.9% for SPHD.
- 0 of DGRO's top ten holdings are also in SPHD's top ten.
Cite this page
SmarterDividends, "DGRO vs SPHD: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/dgro-vs-sphd
$10,000 in each, Jun 2014 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DGRO became
$42,805
12.5% a year
SPHD became
$27,273
8.5% a year
Year by year
| Year | DGRO | SPHD |
|---|---|---|
| 2025 | +15.7% | +3.4% |
| 2024 | +16.6% | +18.1% |
| 2023 | +10.5% | +1.3% |
| 2022 | −7.9% | +0.6% |
| 2021 | +26.6% | +25.0% |
| 2020 | +9.5% | −10.0% |
| 2019 | +29.9% | +20.2% |
| 2018 | −2.4% | −6.2% |
| 2017 | +23.0% | +11.9% |
| 2016 | +15.2% | +22.4% |
| 2015 | −1.2% | +5.1% |
Total return each calendar year, distributions reinvested.
Top holdings
No overlap in the top ten.
DGRO
- XOM ExxonMobil Holdings Corp3.3%
- ABBV AbbVie Inc3.0%
- MSFT Microsoft Corp3.0%
- AAPL Apple Inc3.0%
- JNJ Johnson & Johnson2.8%
- JPM JPMorgan Chase & Co2.7%
- PG Procter & Gamble Co2.4%
- AVGO Broadcom Inc2.4%
- PM Philip Morris International Inc2.3%
- HD The Home Depot Inc2.1%
SPHD
- PFE Pfizer Inc3.8%
- VZ Verizon Communications Inc3.1%
- CCI Crown Castle Inc2.9%
- MO Altria Group Inc2.9%
- KHC The Kraft Heinz Co2.9%
- GIS General Mills Inc2.8%
- VICI VICI Properties Inc Ordinary Shares2.8%
- CMCSA Comcast Corp Class A2.4%
- CVX Chevron Corp2.4%
- OKE ONEOK Inc2.3%
DGRO vs SPHD: questions
Is DGRO or SPHD better?
It depends on the job. SPHD pays more today (4.76% vs 1.87%), DGRO costs less, and DGRO has the better total return over Jun 2014 to Oct 2026, with DGRO holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, DGRO or SPHD?
SPHD, at 4.76% against 1.87% for DGRO as of Nov 8, 2026. On $10,000 that's about $476 vs $187 a year at today's rates.
Which has the better total return?
DGRO. From Jun 2014 to Oct 2026, it returned 12.5% a year with distributions reinvested, against 8.5% for SPHD. $10,000 became $42,805 vs $27,273.
Which is cheaper, DGRO or SPHD?
DGRO, with a 0.08% expense ratio against 0.30%.
Do DGRO and SPHD hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. DGRO leads on 7 of 8 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.