DGRO vs VYM: Which Is the Better Dividend Stock?
As of Nov 2, 2026, VYM (Vanguard High Dividend Yield Index Fund ETF Shares) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VYM offers the higher yield at 2.25%, VYM has the higher dividend-safety score, and DGRO looks like the better value (its fair-value estimate is 66% below its share price).
Key facts: DGRO vs VYM
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Vanguard High Dividend Yield Index Fund ETF Shares (VYM) has the higher forward dividend yield at 2.25%, 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 VYM's C (63/100).
- By SmarterDividends' count as of Nov 2, 2026, DGRO has raised its dividend for 11 consecutive years and VYM for 15.
- As of Nov 2, 2026, DGRO's fair-value estimate is 66% below its share price and VYM's fair-value estimate is 66% below its share price, so DGRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs VYM: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dgro-vs-vym
| Metric | DGRO | VYM |
|---|---|---|
| Forward yield | 1.84% | 2.25% |
| Annual dividend | $1.49 | $3.68 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 15 yr |
| 5-yr dividend growth | 7.1% | 3.8% |
| 5-yr total return | 55% | 55% |
| Dividend safety score | 59 (C) | 63 (C) |
| Fair value estimate | $27.91 | $55.33 |
| Upside to fair value | -66% | -66% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 23.1 | 20.5 |
Higher yield
VYM
2.25%
Safer dividend
VYM
Grade C
Faster growth
DGRO
7.1%
Better value
DGRO
-66% upside
DGRO vs VYM — FAQ
Is DGRO or VYM a better dividend stock?
On the data, VYM wins more head-to-head categories (4 vs 3). VYM offers the higher yield (2.25%), while VYM 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 VYM?
VYM has the higher forward dividend yield at 2.25%, versus 1.84% for DGRO.
Is DGRO or VYM safer?
VYM has the higher dividend-safety score (63/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or VYM better value right now?
As of Nov 2, 2026, DGRO looks like the better value: its fair-value estimate is 66% below its share price (overvalued). For VYM, 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.