SCHD vs DGRO: fund overlap

ETF comparisons  /  SCHD vs DGRO

US dividend comparison · SCHD 2026-05-31 · DGRO 2026-01-31

SCHD vs DGRO

Schwab U.S. Dividend Equity ETF compared with iShares Core Dividend Growth ETF

Most company exposure is different between these funds.SCHD has 66 companies outside the overlap; DGRO has 358.
SCHDUS dividend

Schwab U.S. Dividend Equity ETF

102holdings
0.06%annual fee
USmarket
Valuation98 companies covered
17.6×P / E99% by weight
3.64×P / B96% by weight
5.7%Earnings yieldinverse of P / E
SCHD holdings and fund profile
DGROequity

iShares Core Dividend Growth ETF

401holdings
0.08%annual fee
USmarket
Valuation386 companies covered
22.3×P / E99% by weight
3.59×P / B91% by weight
4.5%Earnings yieldinverse of P / E
DGRO holdings and fund profile

Largest shared positions

36 companies held in both funds

SCHD weight DGRO weight
Shared companySCHD DGRO
THE PROCTER & GAMBLE COMPANY PG
3.55%
2.42%
Home Depot Inc/The HD
3.37%
2.18%
Merck & Co Inc MRK
3.87%
2.00%
THE COCA-COLA COMPANY KO
3.96%
1.89%
Pepsico, Inc. PEP
3.45%
1.83%
UnitedHealth Group Inc UNH
5.10%
1.58%
Amgen Inc AMGN
3.48%
1.21%
ConocoPhillips COP
3.52%
1.04%
Accenture PLC ACN
2.90%
0.89%
Abbott Laboratories ABT
2.96%
0.82%
LOCKHEED MARTIN CORPORATION LMT
2.71%
0.79%
QUALCOMM Inc QCOM
6.75%
0.74%
AUTOMATIC DATA PROCESSING, INC. ADP
2.25%
0.53%
EOG Resources Inc EOG
1.82%
0.50%
FIFTH THIRD BANCORP FITB
1.13%
0.27%
Archer-Daniels-Midland Co ADM
0.97%
0.24%
FASTENAL COMPANY FAST
1.28%
0.24%
ARES MANAGEMENT CORPORATION ARES
0.67%
0.18%
PRINCIPAL FINANCIAL GROUP, INC. PFG
0.52%
0.18%
DARDEN RESTAURANTS, INC. DRI US
0.59%
0.17%
CINCINNATI FINANCIAL CORPORATION CINF
0.62%
0.12%
Snap-on Inc SNA
0.49%
0.12%
FIDELITY NATIONAL FINANCIAL, INC FNF
0.30%
0.11%
BROADRIDGE FINANCIAL SOLUTIONS, INC. BR
0.45%
0.09%
EAST WEST BANCORP, INC. EWBC
0.42%
0.08%

SCHD and DGRO questions

Based on the holdings compared above

How much do SCHD and DGRO overlap?

SCHD and DGRO overlap by 20.6% by weight, across 36 shared companies.

Which companies do SCHD and DGRO both hold?

The largest companies held in both funds are THE PROCTER & GAMBLE COMPANY, Home Depot Inc/The, Merck & Co Inc, THE COCA-COLA COMPANY, Pepsico, Inc..

Can I hold both SCHD and DGRO?

Holding both means 20.6% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is SCHD or DGRO cheaper?

SCHD has a 0.06% expense ratio and DGRO has 0.08%.

How do SCHD and DGRO compare on valuation?

SCHD has a weighted P/E of 17.6 and DGRO has a weighted P/E of 22.3.

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