DGRO vs SDY: Dividend Yield, Total Return & Fees Compared
iShares Core Dividend Growth ETFState Street SPDR S&P Dividend ETF
Data as of the close · refreshed automatically every trading day
Performance: DGRO vs SDY
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comDGRO vs SDY at a glance
This page compares iShares Core Dividend Growth ETF (DGRO) with State Street SPDR S&P Dividend ETF (SDY) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.
With dividends reinvested, DGRO has led over the last 12 months at +22.49% versus +22.28% for SDY. SDY currently yields 2.31% (trailing 12-month) against 1.84% for DGRO. Across five years the total-return gap is +69.03% for DGRO vs +47.98% for SDY.
The higher-yielding fund (SDY) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.
| Metric | DGRO | SDY |
|---|---|---|
| Last close | $81.32 | $163.52 |
| Dividend yield | 1.84% (TTM) | 2.31% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $1.49 (4 payments) | $3.78 (4 payments) |
| Issuer | iShares | State Street |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Downside and distribution variability
Income and ending returns do not describe the whole investment experience.
Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -19.30% for DGRO and -15.21% for SDY. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
DGRO's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.3306 to $0.447 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
SDY's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.8743 to $1.02 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.
Recent distributions
The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.
| DGRO | SDY | ||
|---|---|---|---|
| Sep 15, 2026 | $0.385 | Sep 21, 2026 | $0.9168 |
| Jun 15, 2026 | $0.3306 | Jun 22, 2026 | $0.968 |
| Mar 17, 2026 | $0.3311 | Mar 23, 2026 | $0.8743 |
| Dec 16, 2025 | $0.447 | Dec 22, 2025 | $1.02 |
| Sep 16, 2025 | $0.369 | Sep 22, 2025 | $0.8709 |
| Jun 16, 2025 | $0.3237 | Jun 23, 2025 | $0.9274 |
| Mar 18, 2025 | $0.3109 | Mar 24, 2025 | $0.8184 |
| Dec 17, 2024 | $0.378 | Dec 20, 2024 | $1.03 |
| Sep 25, 2024 | $0.4031 | Sep 20, 2024 | $0.7852 |
| Jun 11, 2024 | $0.2932 | Jun 21, 2024 | $0.8589 |
| Mar 21, 2024 | $0.3107 | Mar 15, 2024 | $0.7079 |
| Dec 20, 2023 | $0.3701 | Dec 15, 2023 | $0.9782 |
DGRO vs SDY: common questions
Which pays a higher dividend, DGRO or SDY?
As of November 9, 2026, DGRO yields 1.84% (trailing 12-month) and SDY yields 2.31% (trailing 12-month), so SDY currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, DGRO or SDY?
Over the past year with dividends reinvested, DGRO returned +22.49% and SDY returned +22.28%. Over five years, DGRO returned +69.03% and SDY returned +47.98%. Past performance does not predict future results.
What would $10,000 in DGRO vs SDY be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $12,249 in DGRO and $12,228 in SDY.
How often do DGRO and SDY pay dividends?
DGRO pays quarterly (4 payments in the last 12 months) and SDY pays quarterly (4 payments).
Is DGRO or SDY the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Research DGRO and SDY beyond the yield
Compare payment history with total return and fees. Check whether a larger current yield comes with different drawdowns or less consistent distributions; a dividend-growth label does not promise future increases.
Review iShares Core Dividend Growth ETF (DGRO) payment history and State Street SPDR S&P Dividend ETF (SDY) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.
For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.
Related comparisons
More side-by-side comparisons with DGRO and SDY.
Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.