DGRO vs MGV overlap - what they share and where they differ

DGRO and MGV share 51.1% of their weight across 78 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

DGRO and MGV

51.1%

78 shared positions

DGRO

iShares Core Dividend Growth ETF

Reported positions cover 100% of the fund, 385 positions · Apr 30, 2026

Top 10: 26.5%·Holdings of DGRO

MGV

VANGUARD MEGA CAP VALUE INDEX FUND

Reported positions cover 100% of the fund, 119 positions · May 31, 2026

Top 10: 29.3%·Holdings of MGV

Reported positions cover DGRO 100%, MGV 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

MGV vs DGRO side by side

DGROiShares Core Dividend Growth ETF

385

stock positions reported to the SEC

39.5% of its weight is in 307 names MGV does not hold

MGVVANGUARD MEGA CAP VALUE INDEX FUND

119

stock positions reported to the SEC

35.2% of its weight is in 41 names DGRO does not hold

Where each fund's weight sits

DGRO
MGV
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
22.5%
22.0%
Financial Services
20.3%
18.2%
Healthcare
17.2%
16.0%
Consumer Defensive
9.3%
9.6%
Consumer Cyclical
9.1%
0.0%
Industrials
0.0%
5.3%

The widest gap is Consumer Cyclical: DGRO has 9.1 points more of it.

The figures side by side

DGROMGV
Filing dateApr 30, 2026May 31, 2026
Stock positions reported385119
Weight of the ten largest26.5%29.3%
Largest positionAVGO 3.3%MU 5.3%
Held alone307 positions, 39.5%41 positions, 35.2%
Covered by stock positions100%100%

Holdings they share

StockIn DGROIn MGVCounted
EXXON MOBIL CORP2.90%2.91%2.90%
JNJJOHNSON & JOHNSON2.64%2.61%2.61%
ABBVABBVIE INC2.52%1.85%1.85%
CSCOCISCO SYSTEMS INC1.73%2.06%1.73%
UNHUNITEDHEALTH GROUP INC2.31%1.66%1.66%
BACBANK OF AMERICA CORP1.83%1.60%1.60%
PGPROCTER & GAMBLE COMPANY (THE)2.07%1.60%1.60%
HDHOME DEPOT INC (THE)1.89%1.52%1.52%
MRKMERCK & COMPANY INC1.75%1.41%1.41%
PMPHILIP MORRIS INTERNATIONAL INC1.94%1.33%1.33%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in DGRO

AVGOBROADCOM INC3.25%
JPMJP MORGAN CHASE & COMPANY3.04%
AAPLAPPLE INC2.93%
MSFTMICROSOFT CORP2.91%
LLYELI LILLY & COMPANY1.14%
VVISA INC1.05%
ORCLORACLE CORP0.80%
MAMASTERCARD INC0.61%
LOWLOWE'S COMPANIES INC0.57%
PSXPHILLIPS 660.50%

Only in MGV

MUMicron Technology Inc5.26%
BRK.ABerkshire Hathaway Inc4.21%
JPMORGAN CHASE & CO3.64%
INTCIntel Corp2.20%
CVXChevron Corp1.66%
GENERAL ELECTRIC CO1.55%
TXNTexas Instruments Inc1.33%
DISWalt Disney Co/The0.87%
VZVerizon Communications Inc0.87%
TAT&T Inc0.84%

Questions people ask

Is DGRO the same as MGV?

51.1% of their weight sits in the same 78 holdings. DGRO also reports AVGO, JPM, AAPL, which the other does not. MGV also reports MU, BRK.A, JPMORGAN CHASE & CO, which the other does not.

How is the overlap between DGRO and MGV measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of DGRO and 100% of MGV, so the number cannot exceed the smaller coverage.

Which holds more, MGV or DGRO?

DGRO reports 385 stock positions and MGV reports 119. 39.5% of DGRO's weight sits in names MGV does not hold, and 35.2% of MGV's weight in names DGRO does not hold. The ten largest positions are 26.5% of DGRO and 29.3% of MGV.

How do DGRO and MGV differ by sector?

The widest gap is Consumer Cyclical: DGRO has 9.1 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.