DGRO vs SPY: how much do they overlap?
iShares Core Dividend Growth ETF (DGRO) · SPDR S&P 500 ETF Trust (SPY)
overlap by weight · 225 shared holdings
DGRO: 394 holdings (as of 2026-04-30) · SPY: 504 holdings (as of 09-Jul-2026)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Moderate overlap
What this means
DGRO and SPY share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in DGRO | in SPY |
|---|---|---|---|
| APPLE INC | AAPL | 2.93% | 7.16% |
| BROADCOM INC | AVGO | 3.25% | 2.93% |
| MICROSOFT CORP | MSFT | 2.91% | 4.4% |
| JP MORGAN CHASE & COMPANY | JPM | 3.04% | 1.39% |
| ELI LILLY & COMPANY | LLY | 1.14% | 1.48% |
| JOHNSON & JOHNSON | JNJ | 2.64% | 0.96% |
| VISA INC | V | 1.05% | 0.89% |
| WALMART INC | WMT | 0.95% | 0.76% |
| CISCO SYSTEMS INC | CSCO | 1.73% | 0.72% |
| ABBVIE INC | ABBV | 2.52% | 0.68% |
FAQ
How much do DGRO and SPY overlap?
DGRO and SPY have a 41.7% overlap by weight, sharing 225 holdings (out of 394 in DGRO and 504 in SPY), based on official issuer holdings as of 2026-04-30.
What does 41.7% overlap mean?
DGRO and SPY share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Which stocks do DGRO and SPY both hold?
The largest shared positions are APPLE INC, BROADCOM INC, MICROSOFT CORP, JP MORGAN CHASE & COMPANY, ELI LILLY & COMPANY. The full list of top shared holdings with weights in each fund is shown on this page.