DGRO — iShares Core Dividend Growth ETF
iShares (BlackRock) · Expense Ratio: 0.08% · Dividend · 7bp below the Dividend category average of 0.15%
Key Facts
| Ticker | DGRO |
| Full Name | iShares Core Dividend Growth ETF |
| Provider | iShares (BlackRock) |
| Expense Ratio | 0.08% |
| Category | Dividend |
| Assets Under Management | $35B |
| Inception Year | 2014 (12 years ago) |
| Number of Holdings | 420 |
| Dividend Yield | ~2.1% (moderate) |
| Top Holdings | MSFT, AAPL, AVGO, JNJ |
What Is DGRO?
DGRO, managed by iShares (BlackRock), launched in 2014, is a major ETF with deep liquidity and tight bid-ask spreads in the Dividend category. Dividend-focused ETF investing in companies with consistent and growing dividend payouts. With $35B in assets under management, it benefits from deep institutional liquidity and tight bid-ask spreads.
DGRO in a FIRE Portfolio
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns.
At a ~2.1% yield, a $1M position in DGRO would generate approximately $21,000/year in dividend income. For FIRE investors, dividend income reduces the need to sell holdings during market downturns — a strategy known as "living off dividends."
Cost Analysis: How DGRO's 0.08% Fee Affects Your FIRE Timeline
At 0.08%, DGRO is very cost-effective. Annual fees on a $100K investment: $80. Over 30 years, the fee drag shaves approximately 0.5% off your total returns. For a $1M FIRE portfolio, that's about $8,000 in cumulative fees — noticeable but reasonable for most investors.
Dividend Income Potential
With a moderate dividend yield of approximately 2.1%, here's what DGRO could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $2,100/year | $175/month |
| $250,000 | $5,250/year | $438/month |
| $500,000 | $10,500/year | $875/month |
| $1,000,000 | $21,000/year | $1,750/month |
Frequently Asked Questions About DGRO
What is the expense ratio for DGRO?
DGRO has an expense ratio of 0.08%. This is very cost-effective — on a $100K portfolio, annual fees are $80. 7bp below the dividend category average of 0.15%.
Is DGRO good for a FIRE portfolio?
With its focus on dividend-paying stocks, this fund can generate retirement income for FIRE investors, reducing the need to sell holdings during market downturns. Its 0.08% expense ratio is very cost-effective for the Dividend category.
How does the 0.08% fee affect long-term returns?
At 0.08%, you'll pay $80/year per $100K invested. Over 30 years, fees reduce total returns by approximately 0.5%. Use the embedded calculator below to model the exact impact on your specific portfolio.
Similar ETFs in Dividend
- VIG — Vanguard Dividend Appreciation ETF (0.06% · Income Generator)
- SCHD — Schwab US Dividend Equity ETF (0.06% · Income Generator)
- VYM — Vanguard High Dividend Yield ETF (0.06% · Income Generator)
- DGRW — WisdomTree US Quality Dividend Growth ETF (0.28% · Income Generator)
- HDV — iShares Core High Dividend ETF (0.08% · Income Generator)
- SPYD — SPDR Portfolio S&P 500 High Dividend ETF (0.07% · Income Generator)
- SDY — SPDR S&P Dividend ETF (0.35% · Income Generator)
- DVY — iShares Select Dividend ETF (0.38% · Income Generator)