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

DGRO and SPHQ share 22.5% of their weight across 55 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 SPHQ

22.5%

55 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

SPHQ

Invesco S&P 500 Quality ETF

Reported positions cover 100% of the fund, 99 positions · Apr 30, 2026

Top 10: 40.7%·Holdings of SPHQ

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

SPHQ vs DGRO side by side

DGROiShares Core Dividend Growth ETF

385

stock positions reported to the SEC

77.2% of its weight is in 330 names SPHQ does not hold

SPHQInvesco S&P 500 Quality ETF

99

stock positions reported to the SEC

29.9% of its weight is in 44 names DGRO does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
22.5%
39.9%
Financial Services
20.3%
13.2%
Healthcare
17.2%
10.7%
Consumer Defensive
9.3%
14.5%
Consumer Cyclical
9.1%
4.9%

The widest gap is Technology: SPHQ has 17.3 points more of it.

The figures side by side

DGROSPHQ
Filing dateApr 30, 2026Apr 30, 2026
Stock positions reported38599
Weight of the ten largest26.5%40.7%
Largest positionAVGO 3.3%COST 4.8%
Held alone330 positions, 77.2%44 positions, 29.9%
Covered by stock positions100%100%

Holdings they share

StockIn DGROIn SPHQCounted
AAPLAPPLE INC2.93%4.50%2.93%
PGPROCTER & GAMBLE COMPANY (THE)2.07%3.46%2.07%
KOCOCA-COLA COMPANY (THE)1.79%3.33%1.79%
MRKMERCK & COMPANY INC1.75%2.86%1.75%
CSCOCISCO SYSTEMS INC1.73%3.54%1.73%
QCOMQUALCOMM INC1.10%2.03%1.10%
VVISA INC1.05%4.68%1.05%
CATCATERPILLAR INC0.79%3.78%0.79%
GILDGILEAD SCIENCES INC0.78%2.27%0.78%
ACNACCENTURE PLC0.76%1.04%0.76%

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%
MSFTMICROSOFT CORP2.91%
EXXON MOBIL CORP2.90%
JNJJOHNSON & JOHNSON2.64%
ABBVABBVIE INC2.52%
UNHUNITEDHEALTH GROUP INC2.31%
PMPHILIP MORRIS INTERNATIONAL INC1.94%
HDHOME DEPOT INC (THE)1.89%
BACBANK OF AMERICA CORP1.83%

Only in SPHQ

GENERAL ELECTRIC CO.4.16%
GEVGE Vernova Inc.3.15%
WDCWestern Digital Corp.2.15%
TJX COS., INC. (THE)1.79%
EATON CORP. PLC1.64%
APPAppLovin Corp.1.56%
ADBEAdobe Inc.1.44%
PGRProgressive Corp. (The)1.40%
NEMNewmont Corp.1.22%
MMM3M Co.1.17%

Questions people ask

Is DGRO the same as SPHQ?

22.5% of their weight sits in the same 55 holdings. DGRO also reports AVGO, JPM, MSFT, which the other does not. SPHQ also reports GENERAL ELECTRIC CO., GEV, WDC, which the other does not.

How is the overlap between DGRO and SPHQ 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 SPHQ, so the number cannot exceed the smaller coverage.

Which holds more, SPHQ or DGRO?

DGRO reports 385 stock positions and SPHQ reports 99. 77.2% of DGRO's weight sits in names SPHQ does not hold, and 29.9% of SPHQ's weight in names DGRO does not hold. The ten largest positions are 26.5% of DGRO and 40.7% of SPHQ.

How do DGRO and SPHQ differ by sector?

The widest gap is Technology: SPHQ has 17.3 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.