SCHD vs DGRO: fund overlap

ETF comparisons  /  SCHD vs DGRO

US dividend comparison · SCHD 2026-05-31 · DGRO 2026-10-12

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 70 companies outside the overlap; DGRO has 352.

Do SCHD and DGRO overlap?

SCHD and DGRO overlap by 20.3% by weight, across 32 shared companies.

SCHDUS dividend

Schwab U.S. Dividend Equity ETF

102holdings
0.06%annual fee
USmarket
Valuation98 companies covered
17.2×P / E99% by weight
3.62×P / B96% by weight
5.8%Earnings yield
SCHD holdings and fund profile
DGROequity

iShares Core Dividend Growth ETF

397holdings
0.08%annual fee
USmarket
Valuation377 companies covered
23.1×P / E99% by weight
3.86×P / B91% by weight
4.3%Earnings yield
DGRO holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

32 companies held in both funds

SCHD weight DGRO weight
Shared companySCHD DGRO
THE PROCTER & GAMBLE COMPANY PG
3.55%
2.39%
THE COCA-COLA COMPANY KO
3.96%
1.91%
Home Depot Inc/The HD
3.37%
1.90%
Merck & Co Inc MRK
3.87%
1.83%
UnitedHealth Group Inc UNH
5.10%
1.79%
Pepsico, Inc. PEP
3.45%
1.68%
Amgen Inc AMGN
3.48%
1.18%
Accenture PLC ACN
2.90%
1.04%
ConocoPhillips COP
3.52%
0.93%
Abbott Laboratories ABT
2.96%
0.93%
QUALCOMM Inc QCOM
6.75%
0.91%
AUTOMATIC DATA PROCESSING, INC. ADP
2.25%
0.60%
LOCKHEED MARTIN CORPORATION LMT
2.71%
0.59%
EOG Resources Inc EOG
1.82%
0.50%
FIFTH THIRD BANCORP FITB
1.13%
0.30%
FASTENAL COMPANY FAST
1.28%
0.27%
ARES MANAGEMENT CORPORATION ARES
0.67%
0.22%
Archer-Daniels-Midland Co ADM
0.97%
0.20%
DARDEN RESTAURANTS, INC. DRI US
0.59%
0.15%
PRINCIPAL FINANCIAL GROUP, INC. PFG
0.52%
0.15%
CINCINNATI FINANCIAL CORPORATION CINF
0.62%
0.13%
Snap-on Inc SNA
0.49%
0.10%
BROADRIDGE FINANCIAL SOLUTIONS, INC. BR
0.45%
0.10%
EAST WEST BANCORP, INC. EWBC
0.42%
0.09%
FIDELITY NATIONAL FINANCIAL, INC FNF
0.30%
0.09%

SCHD and DGRO questions

Based on the holdings compared above

How much do SCHD and DGRO overlap?

SCHD and DGRO overlap by 20.3% by weight, across 32 shared companies.

Which companies do SCHD and DGRO both hold?

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

Can I hold both SCHD and DGRO?

Holding both means 20.3% 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 17.2 and DGRO has a weighted P/E of 23.1.

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