DGRO vs SPYV: Yield, Cost and Returns Compared
As of Nov 5, 2026, DGRO yields more: 1.83% (dividend yield) against 1.65% for SPYV. SPYV is cheaper to own at 0.04% a year vs 0.08%. Over the same 12 years (Jun 2014 to Oct 2026), DGRO returned 12.5% a year with distributions reinvested, and SPYV 10.7%.
| Compared | DGRO | SPYV |
|---|---|---|
| YieldDividend yield | 1.83% | 1.65% |
| Expense ratio | 0.08% | 0.04% |
| Total return, 1 yr | +21.4% | +16.6% |
| Total return, 3 yr (a year) | +21.5% | +18.9% |
| Total return, 5 yr (a year) | +11.3% | +11.7% |
| Total return, 10 yr (a year) | +14.1% | +12.3% |
| Worst drop since Jun 2014 | -21.9% | -25.2% |
| Share price since Jun 2014 | +224% | +162% |
| Pays | Quarterly | Quarterly |
| Issuer | iShares | State Street Investment Management |
| Assets | $45.3B | $38.9B |
| Started | 2014 | 2000 |
| Type | Large Value | Large Value |
Higher yield
DGRO
1.83%
Lower cost
SPYV
0.04%
Better total return
DGRO
12.5%/yr
Smaller worst drop
DGRO
-21.9%
Key facts: DGRO vs SPYV
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, DGRO yields 1.83% (dividend yield) and SPYV yields 1.65% (dividend yield).
- DGRO's expense ratio is 0.08% and SPYV's is 0.04%: $8 vs $4 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 SPYV to $35,044 (10.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -21.9% for DGRO and -25.2% for SPYV.
- 3 of DGRO's top ten holdings are also in SPYV's top ten, an overlap of at least 7% of the fund.
Cite this page
SmarterDividends, "DGRO vs SPYV: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/dgro-vs-spyv
$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
SPYV became
$35,044
10.7% a year
Year by year
| Year | DGRO | SPYV |
|---|---|---|
| 2025 | +15.7% | +13.2% |
| 2024 | +16.6% | +12.3% |
| 2023 | +10.5% | +22.2% |
| 2022 | −7.9% | −5.3% |
| 2021 | +26.6% | +24.9% |
| 2020 | +9.5% | +1.4% |
| 2019 | +29.9% | +31.6% |
| 2018 | −2.4% | −9.0% |
| 2017 | +23.0% | +15.4% |
| 2016 | +15.2% | +17.2% |
| 2015 | −1.2% | −3.2% |
Total return each calendar year, distributions reinvested.
Top holdings
3 of the top ten overlap, at least 7% of each fund.
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%
SPYV
- AAPL Apple Inc8.3%
- AMZN Amazon.com Inc3.6%
- XOM ExxonMobil Holdings Corp2.5%
- WMT Walmart Inc1.8%
- CVX Chevron Corp1.5%
- COST Costco Wholesale Corp1.5%
- TSLA Tesla Inc1.4%
- PG Procter & Gamble Co1.2%
- MRK Merck & Co Inc1.2%
- UNH UnitedHealth Group Inc1.2%
DGRO vs SPYV: questions
Is DGRO or SPYV better?
It depends on the job. DGRO pays more today (1.83% vs 1.65%), SPYV 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 SPYV?
DGRO, at 1.83% against 1.65% for SPYV as of Nov 5, 2026. On $10,000 that's about $183 vs $165 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 10.7% for SPYV. $10,000 became $42,805 vs $35,044.
Which is cheaper, DGRO or SPYV?
SPYV, with a 0.04% expense ratio against 0.08%.
Do DGRO and SPYV hold the same things?
Partly. 3 of their top ten holdings match (AAPL, XOM, PG), at least 7% of each fund. Owning both doubles up on those.
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 6 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.
