DGRO vs SPHD: Which Is the Better Dividend Stock?
As of September 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 4.97%, DGRO has the higher dividend-safety score, and SPHD trades at the larger discount to fair value (-34%).
| Metric | DGRO | SPHD |
|---|---|---|
| Forward yield | 1.94% | 4.97% |
| Annual dividend | $1.49 | $2.47 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 1 yr |
| 5-yr dividend growth | 7.1% | 1.0% |
| 5-yr total return | 45% | 17% |
| Dividend safety score | 59 (C) | 56 (C) |
| Fair value estimate | $26.50 | $33.05 |
| Upside to fair value | -66% | -34% |
| Frequency | quarterly | monthly |
| Market cap | — | — |
| P/E ratio | 22.0 | 16.0 |
Higher yield
SPHD
4.97%
Safer dividend
DGRO
Grade C
Faster growth
DGRO
7.1%
Better value
SPHD
-34% upside
DGRO vs SPHD — FAQ
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