Key Differences
| Feature | SCHD | DGRO |
|---|---|---|
| Expense Ratio | 0.06% | 0.08% |
| Dividend Yield | 3.4% | 2.0% |
| Holdings | 100+ | 400+ |
| Index Tracked | Dow Jones U.S. Dividend 100 Index | Morningstar US Dividend Growth Index |
| Inception Date | 2011-10-20 | 2014-06-10 |
SCHD vs DGRO: Which Is Better?
SCHD and DGRO are both widely used by ETF investors, but they serve different portfolio roles depending on diversification goals, sector exposure, and long-term strategy.
SCHD is designed for investors seeking high-yield US stocks with strong financials exposure and tracks Dow Jones U.S. Dividend 100 Index. It is commonly used in portfolios focused on us large cap value allocations.
DGRO is designed for investors seeking US stocks with consistent dividend growth exposure and tracks Morningstar US Dividend Growth Index. It is commonly used in portfolios focused on us large cap blend allocations.
Portfolio Overlap
Understanding how much SCHD and DGRO overlap in their underlying holdings is key to evaluating whether combining them adds diversification or creates redundancy in your portfolio.
Explore More Tools
Overlap Calculator
See exactly which holdings SCHD and DGRO share and the weighted overlap percentage.
Analyze overlapResearch SCHD & DGRO
Research ETF returns, holdings, sector and country exposure, and the latest ETF-related news.
Portfolio Builder
Generate a diversified ETF portfolio based on your goals, risk tolerance, and investment timeline.
See how it worksRelated ETF Comparisons
Analyze Your ETF Portfolio
Compare holdings, detect overlap, and optimize diversification — completely free.
Launch Overlap Analyzer