DGRO vs. USMV ETF Comparison

Comparison of iShares Core Dividend Growth ETF (DGRO) to iShares MSCI USA Minimum Volatility ETF (USMV)

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$64.26

Average Daily Volume

1,580,894

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	DGRO	USMV
30 Days	1.89%	1.70%
60 Days	3.05%	2.42%
90 Days	5.27%	4.02%
12 Months	28.56%	25.63%

94 Overlapping Holdings

Symbol	Grade	Weight in DGRO	Weight in USMV	Overlap
AAPL	C	2.79%	0.99%	0.99%
ABBV	D	2.12%	1.04%	1.04%
ABT	B	0.87%	0.09%	0.09%
ACN	C	0.74%	1.29%	0.74%
ADI	D	0.38%	0.23%	0.23%
ADP	B	0.56%	0.09%	0.09%
AEE	A	0.18%	0.24%	0.18%
AEP	D	0.4%	0.39%	0.39%
AFG	A	0.05%	0.35%	0.05%
AIZ	A	0.04%	0.32%	0.04%
AJG	B	0.12%	1.27%	0.12%
AMGN	D	0.94%	0.59%	0.59%
AON	A	0.15%	0.53%	0.15%
APH	A	0.14%	1.44%	0.14%
ATO	A	0.12%	0.06%	0.06%
AVGO	D	2.28%	1.19%	1.19%
BAH	F	0.06%	0.39%	0.06%
BDX	F	0.24%	0.56%	0.24%
BMY	B	1.29%	0.49%	0.49%
BR	A	0.09%	0.05%	0.05%
CB	C	0.32%	1.47%	0.32%
CDW	F	0.06%	0.35%	0.06%
CHD	B	0.07%	0.4%	0.07%
CL	D	0.33%	0.41%	0.33%
CMCSA	B	1.21%	0.39%	0.39%
CME	A	0.39%	0.53%	0.39%
CMS	C	0.14%	0.19%	0.14%
COR	B	0.08%	0.67%	0.08%
CSCO	B	1.72%	1.47%	1.47%
CTVA	C	0.1%	0.38%	0.1%
CVX	A	2.95%	0.34%	0.34%
DGX	A	0.08%	0.11%	0.08%
DPZ	C	0.05%	0.19%	0.05%
DTE	C	0.19%	0.2%	0.19%
DUK	C	0.71%	1.49%	0.71%
ED	D	0.24%	1.13%	0.24%
EG	C	0.08%	0.43%	0.08%
ELV	F	0.25%	0.52%	0.25%
EOG	A	0.54%	0.17%	0.17%
ERIE	D	0.02%	0.42%	0.02%
GD	F	0.31%	0.05%	0.05%
GILD	C	0.96%	0.94%	0.94%
GLW	B	0.22%	0.31%	0.22%
GRMN	B	0.12%	0.33%	0.12%
HD	A	2.24%	0.3%	0.3%
HIG	B	0.13%	0.12%	0.12%
HON	B	0.72%	0.25%	0.25%
HRL	D	0.07%	0.21%	0.07%
HSY	F	0.16%	0.3%	0.16%
HUM	C	0.08%	0.4%	0.08%
IBM	C	1.37%	1.66%	1.37%
ICE	C	0.23%	0.28%	0.23%
JNJ	D	2.54%	1.18%	1.18%
K	A	0.14%	0.8%	0.14%
KMB	D	0.35%	0.21%	0.21%
KO	D	1.5%	0.1%	0.1%
KR	B	0.22%	0.61%	0.22%
LIN	D	0.59%	0.16%	0.16%
LLY	F	0.81%	1.25%	0.81%
LMT	D	0.57%	0.82%	0.57%
LNT	A	0.12%	0.1%	0.1%
MA	C	0.53%	0.7%	0.53%
MCD	D	1.11%	1.25%	1.11%
MCK	B	0.1%	1.35%	0.1%
MDLZ	F	0.45%	0.44%	0.44%
MDT	D	0.79%	0.13%	0.13%
MMC	B	0.36%	1.11%	0.36%
MRK	F	1.49%	1.01%	1.01%
MSFT	F	2.83%	1.34%	1.34%
MSI	B	0.17%	1.81%	0.17%
NOC	D	0.26%	1.43%	0.26%
NTAP	C	0.1%	0.22%	0.1%
ORCL	B	0.68%	1.31%	0.68%
OTIS	C	0.15%	0.07%	0.07%
PEP	F	1.53%	1.01%	1.01%
PG	A	2.11%	1.23%	1.23%
PSX	C	0.46%	0.06%	0.06%
ROP	B	0.07%	1.3%	0.07%
RSG	A	0.1%	1.55%	0.1%
RTX	C	0.76%	0.09%	0.09%
SO	D	0.71%	1.35%	0.71%
TEL	B	0.19%	0.07%	0.07%
TRV	B	0.25%	1.15%	0.25%
UNH	C	1.77%	1.34%	1.34%
V	A	0.86%	0.9%	0.86%
VRSK	A	0.05%	0.42%	0.05%
WEC	A	0.25%	0.78%	0.25%
WM	A	0.26%	1.44%	0.26%
WMT	A	0.88%	1.78%	0.88%
WRB	A	0.02%	0.31%	0.02%
WTW	B	0.09%	0.38%	0.09%
XEL	A	0.3%	0.46%	0.3%
XOM	B	3.04%	0.45%	0.45%
YUM	B	0.17%	0.5%	0.17%

DGRO Overweight 318 Positions Relative to USMV

Symbol	Grade	Weight
JPM	A	3.24%
BAC	A	1.77%
MS	A	1.46%
C	A	1.17%
UPS	C	1.13%
GS	A	1.12%
COP	C	0.91%
NEE	D	0.88%
QCOM	F	0.83%
BLK	C	0.82%
CAT	B	0.72%
UNP	C	0.71%
PNC	B	0.68%
LOW	D	0.65%
SBUX	A	0.59%
TGT	F	0.49%
COST	B	0.47%
ITW	B	0.42%
AXP	A	0.41%
APD	A	0.41%
ETN	A	0.41%
SRE	A	0.4%
NKE	D	0.39%
BK	A	0.36%
EMR	A	0.35%
MET	A	0.33%
PEG	A	0.3%
NSC	B	0.29%
CMI	A	0.28%
SYK	C	0.28%
MTB	A	0.27%
EIX	B	0.27%
HPQ	B	0.27%
AMAT	F	0.27%
ETR	B	0.26%
INTU	C	0.25%
SPGI	C	0.25%
AFL	B	0.24%
FAST	B	0.24%
CSX	B	0.23%
PH	A	0.23%
SYY	B	0.23%
ALL	A	0.23%
LRCX	F	0.22%
LHX	C	0.22%
STT	A	0.22%
DFS	B	0.22%
NXPI	D	0.22%
ES	D	0.21%
ADM	D	0.2%
TT	A	0.2%
ARES	A	0.19%
FIS	C	0.19%
MCHP	D	0.18%
ZTS	D	0.17%
PFG	D	0.17%
PCAR	B	0.17%
NTRS	A	0.17%
AMP	A	0.17%
FERG	B	0.16%
SHW	A	0.16%
ROK	B	0.15%
KLAC	D	0.15%
STZ	D	0.14%
PPG	F	0.14%
NUE	C	0.13%
EBAY	D	0.13%
SYF	B	0.13%
CTAS	B	0.13%
ECL	D	0.13%
CINF	A	0.13%
DHR	F	0.13%
GPC	D	0.12%
SNA	A	0.12%
FNF	B	0.12%
CAH	B	0.12%
NI	A	0.12%
MCO	B	0.12%
MSCI	C	0.12%
OMC	C	0.12%
AWK	D	0.12%
CMA	A	0.11%
RJF	A	0.11%
TSCO	D	0.11%
BAX	D	0.11%
DG	F	0.11%
TMO	F	0.11%
VST	B	0.11%
SJM	D	0.1%
WSO	A	0.1%
SWK	D	0.1%
HCA	F	0.1%
GWW	B	0.1%
IPG	D	0.1%
ROST	C	0.1%
MKC	D	0.09%
AES	F	0.09%
EMN	D	0.09%
EWBC	A	0.09%
NDAQ	A	0.09%
PNW	B	0.09%
STLD	B	0.08%
UNM	A	0.08%
OVV	B	0.08%
SWKS	F	0.08%
MOS	F	0.07%
RMD	C	0.07%
HUBB	B	0.07%
VMC	B	0.07%
ORI	A	0.07%
JEF	A	0.07%
CFR	B	0.07%
AME	A	0.07%
DOV	A	0.07%
DHI	D	0.07%
CHRW	C	0.07%
ZION	B	0.07%
WTRG	B	0.07%
XYL	D	0.07%
IEX	B	0.06%
DKS	C	0.06%
PB	A	0.06%
LW	C	0.06%
OC	A	0.06%
A	D	0.06%
FMC	D	0.06%
AVY	D	0.06%
MAS	D	0.06%
RGA	A	0.06%
RHI	B	0.06%
WSM	B	0.06%
RPM	A	0.06%
RS	B	0.06%
EQH	B	0.06%
VOYA	B	0.05%
TXRH	C	0.05%
GBCI	B	0.05%
POR	C	0.05%
EXPD	D	0.05%
CSL	C	0.05%
SSNC	B	0.05%
NXST	C	0.05%
MLM	B	0.05%
OZK	B	0.05%
INGR	B	0.05%
ALB	C	0.05%
FAF	A	0.05%
ODFL	B	0.05%
SF	B	0.05%
WTFC	A	0.04%
JBHT	C	0.04%
TPL	A	0.04%
HII	D	0.04%
MSM	C	0.04%
LII	A	0.04%
AXS	A	0.04%
TXNM	A	0.04%
NDSN	B	0.04%
JKHY	D	0.04%
PHM	D	0.04%
CBSH	A	0.04%
HRB	D	0.04%
ALLE	D	0.04%
R	B	0.04%
FDS	B	0.04%
BPOP	B	0.04%
NJR	A	0.04%
SR	A	0.04%
HOMB	A	0.04%
FLO	D	0.04%
PNR	A	0.04%
SCI	B	0.04%
WAL	B	0.04%
CE	F	0.04%
GGG	B	0.04%
POOL	C	0.04%
SON	D	0.04%
SSB	B	0.04%
STE	F	0.04%
NFG	A	0.04%
LECO	B	0.04%
IDA	A	0.04%
G	B	0.03%
LCII	C	0.03%
ESNT	D	0.03%
UCB	A	0.03%
FBIN	D	0.03%
CATY	B	0.03%
MKTX	D	0.03%
GNTX	C	0.03%
BWXT	B	0.03%
AVT	C	0.03%
FFIN	B	0.03%
BC	C	0.03%
PII	D	0.03%
ITT	A	0.03%
SEIC	B	0.03%
ATR	B	0.03%
MAN	D	0.03%
OSK	B	0.03%
THG	A	0.03%
BRO	B	0.03%
KTB	B	0.03%
DCI	B	0.03%
AOS	F	0.03%
NVT	B	0.03%
MTG	C	0.03%
J	F	0.03%
HLI	B	0.03%
OGS	A	0.03%
TTC	D	0.03%
PRI	A	0.03%
MPWR	F	0.03%
PRGO	B	0.03%
EVR	B	0.03%
WLK	D	0.02%
SLGN	A	0.02%
MDU	D	0.02%
LFUS	F	0.02%
ASH	D	0.02%
PWR	A	0.02%
AWR	B	0.02%
DLB	B	0.02%
NSP	D	0.02%
LANC	C	0.02%
MSA	D	0.02%
AGCO	D	0.02%
HI	C	0.02%
AGO	B	0.02%
CADE	B	0.02%
LPX	B	0.02%
CASY	A	0.02%
MGEE	C	0.02%
RNR	C	0.02%
NYT	C	0.02%
SFBS	B	0.02%
LAD	A	0.02%
SNX	C	0.02%
OTTR	C	0.02%
AIT	A	0.02%
UMBF	B	0.02%
TKR	D	0.02%
CNO	A	0.02%
CRI	D	0.02%
WD	D	0.02%
PAG	B	0.02%
GATX	A	0.02%
UFPI	B	0.02%
GL	B	0.02%
SIGI	C	0.02%
XRAY	F	0.02%
HLNE	B	0.02%
AL	B	0.02%
FBP	B	0.02%
AVNT	B	0.02%
CBT	C	0.02%
RRX	B	0.02%
RGLD	C	0.02%
THO	B	0.02%
WING	D	0.01%
AMTM	D	0.01%
KWR	C	0.01%
GOLF	B	0.01%
AIN	C	0.01%
CHE	D	0.01%
BCPC	B	0.01%
CHDN	B	0.01%
BCC	B	0.01%
GPI	A	0.01%
IR	B	0.01%
AAON	B	0.01%
WMS	D	0.01%
BRC	D	0.01%
COLM	B	0.01%
IOSP	B	0.01%
CW	B	0.01%
WHD	B	0.01%
BMI	B	0.01%
FELE	B	0.01%
FUL	F	0.01%
BANF	B	0.01%
POWI	D	0.01%
JJSF	B	0.01%
TEX	D	0.01%
MORN	B	0.01%
SSD	D	0.01%
CGNX	C	0.01%
ECG	C	0.01%
MGRC	B	0.01%
LSTR	D	0.01%
WTS	B	0.01%
TTEK	F	0.01%
RUSHA	C	0.01%
EXPO	D	0.01%
RLI	B	0.01%
FCFS	F	0.01%
WDFC	B	0.01%
FIX	A	0.01%
BOKF	B	0.01%
SHOO	D	0.01%
IPAR	B	0.01%
WST	C	0.01%
OLED	D	0.01%
MATX	C	0.01%
SIRI	C	0.01%
AWI	A	0.01%
ABM	B	0.01%
CWT	D	0.01%
DDS	B	0.0%
RUSHB	B	0.0%
ENSG	D	0.0%
HEI	B	0.0%
KNSL	B	0.0%
NNI	D	0.0%
HEI	B	0.0%
CSWI	A	0.0%
WOR	F	0.0%
KAI	A	0.0%

DGRO Underweight 76 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
PGR	A	-1.67%
WCN	A	-1.56%
BRK.A	B	-1.55%
TXN	C	-1.39%
VZ	C	-1.35%
GDDY	A	-1.0%
AZO	C	-0.98%
EA	A	-0.89%
FCNCA	A	-0.88%
CBOE	B	-0.85%
CTSH	B	-0.76%
NOW	A	-0.75%
T	A	-0.74%
TSN	B	-0.71%
VRTX	F	-0.69%
FI	A	-0.69%
ORLY	B	-0.68%
ACGL	D	-0.68%
NVDA	C	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
FICO	B	-0.59%
REGN	F	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
KEYS	A	-0.55%
FANG	D	-0.55%
FFIV	B	-0.55%
MPC	D	-0.54%
INCY	C	-0.53%
PTC	A	-0.52%
NEM	D	-0.46%
UBER	D	-0.45%
JNPR	F	-0.45%
TJX	A	-0.45%
WDAY	B	-0.43%
AKAM	D	-0.39%
KHC	F	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
GEN	B	-0.35%
MKL	A	-0.34%
CPB	D	-0.33%
NBIX	C	-0.32%
WMB	A	-0.31%
FWONK	B	-0.31%
ANET	C	-0.29%
L	A	-0.28%
HUBS	A	-0.24%
D	C	-0.23%
AZPN	A	-0.23%
ALNY	D	-0.22%
BMRN	D	-0.22%
CI	F	-0.21%
TW	A	-0.2%
PKG	A	-0.2%
PFE	D	-0.2%
CRWD	B	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
MOH	F	-0.18%
SNPS	B	-0.18%
HOLX	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
AMZN	C	-0.14%
DELL	C	-0.12%
OXY	D	-0.12%
FSLR	F	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
CRM	B	-0.05%
ULTA	F	-0.04%
CVS	D	-0.04%