DGRO vs VOO: Dividend Yield, Total Return & Fees Compared

iShares Core Dividend Growth ETFVanguard S&P 500 ETF

Data as of the close · refreshed automatically every trading day

Performance: DGRO vs VOO

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

DGROVOO

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldDGRO1.84% vs 1.07%
Better 1-year total returnDGRO+22.49% vs +13.45%
Better 5-year total returnVOO+72.68% vs +69.03%
Expense ratio—DGRO n/a · VOO n/a

DGRO vs VOO at a glance

This page compares iShares Core Dividend Growth ETF (DGRO) with Vanguard S&P 500 ETF (VOO) 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 +13.45% for VOO. DGRO currently yields 1.84% (trailing 12-month) against 1.07% for VOO. Across five years the total-return gap is +72.68% for VOO vs +69.03% for DGRO.

DGRO leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for DGRO and VOO
MetricDGROVOO
Last close$81.32$691.87
Dividend yield1.84% (TTM)1.07% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$1.49 (4 payments)$7.43 (4 payments)
IssueriSharesVanguard
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
DGROiShares Core Dividend Growth ETF
1.84%
Best+22.49%$81.32$0.385QuarterlyiShares
VOOVanguard S&P 500 ETF
1.07%
+13.45%$691.87$1.8226QuarterlyVanguard

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
DGROiShares Core Dividend Growth ETF+5.21%+2.84%+12.44%+22.49%+32.22%+69.03%
VOOVanguard S&P 500 ETF-3.31%-2.40%+2.60%+13.45%+28.87%+72.68%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
DGROiShares Core Dividend Growth ETF$0.385Sep 15, 2026+16.45%$1.49374 payoutsDec 20, 2023: $0.3701Mar 21, 2024: $0.3107Jun 11, 2024: $0.2932Sep 25, 2024: $0.4031Dec 17, 2024: $0.378Mar 18, 2025: $0.3109Jun 16, 2025: $0.3237Sep 16, 2025: $0.369Dec 16, 2025: $0.447Mar 17, 2026: $0.3311Jun 15, 2026: $0.3306Sep 15, 2026: $0.385
VOOVanguard S&P 500 ETF$1.8226Sep 28, 2026-7.11%$7.42824 payoutsDec 20, 2023: $1.8011Mar 22, 2024: $1.5429Jun 28, 2024: $1.7835Sep 27, 2024: $1.6386Dec 23, 2024: $1.7385Mar 27, 2025: $1.8121Jun 30, 2025: $1.7447Sep 29, 2025: $1.74Dec 22, 2025: $1.771Mar 27, 2026: $1.8724Jun 26, 2026: $1.9622Sep 28, 2026: $1.8226

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 -24.53% for VOO. 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.

VOO's recorded distributions over the 12 months ending November 9, 2026 ranged from $1.77 to $1.96 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.

DGROVOO
Sep 15, 2026$0.385Sep 28, 2026$1.82
Jun 15, 2026$0.3306Jun 26, 2026$1.96
Mar 17, 2026$0.3311Mar 27, 2026$1.87
Dec 16, 2025$0.447Dec 22, 2025$1.77
Sep 16, 2025$0.369Sep 29, 2025$1.74
Jun 16, 2025$0.3237Jun 30, 2025$1.74
Mar 18, 2025$0.3109Mar 27, 2025$1.81
Dec 17, 2024$0.378Dec 23, 2024$1.74
Sep 25, 2024$0.4031Sep 27, 2024$1.64
Jun 11, 2024$0.2932Jun 28, 2024$1.78
Mar 21, 2024$0.3107Mar 22, 2024$1.54
Dec 20, 2023$0.3701Dec 20, 2023$1.80

DGRO vs VOO: common questions

Which pays a higher dividend, DGRO or VOO?

As of November 9, 2026, DGRO yields 1.84% (trailing 12-month) and VOO yields 1.07% (trailing 12-month), so DGRO currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, DGRO or VOO?

Over the past year with dividends reinvested, DGRO returned +22.49% and VOO returned +13.45%. Over five years, DGRO returned +69.03% and VOO returned +72.68%. Past performance does not predict future results.

What would $10,000 in DGRO vs VOO 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 $11,345 in VOO.

How often do DGRO and VOO pay dividends?

DGRO pays quarterly (4 payments in the last 12 months) and VOO pays quarterly (4 payments).

Is DGRO or VOO 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 VOO beyond the yield

Use the same dates to compare an income strategy with its index alternative. Look at both reinvested total return and price return before using either fund's payout rate in an income scenario.

Review iShares Core Dividend Growth ETF (DGRO) payment history and Vanguard S&P 500 ETF (VOO) 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.

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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.