DGRO vs XLI: how much do they overlap?
iShares Core Dividend Growth ETF (DGRO) · Industrial Select Sector SPDR ETF (XLI)
overlap by weight · 53 shared holdings
DGRO: 394 holdings (as of 2026-04-30) · XLI: 82 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.
Low overlap
What this means
DGRO and XLI hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
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 XLI |
|---|---|---|---|
| CATERPILLAR INC | CAT | 0.79% | 7.68% |
| UNION PACIFIC CORP | UNP | 0.77% | 3.01% |
| RTX CORP | RTX | 0.68% | 4.67% |
| AUTOMATIC DATA PROCESSING INC | ADP | 0.58% | 1.71% |
| LOCKHEED MARTIN CORP | LMT | 0.47% | 1.87% |
| EATON CORP PLC | ETN | 0.44% | 2.8% |
| ILLINOIS TOOL WORKS INC | ITW | 0.39% | 1.24% |
| DEERE & COMPANY | DE | 0.35% | 2.65% |
| FEDEX CORP | FDX | 0.32% | 1.21% |
| GENERAL DYNAMICS CORP | GD | 0.31% | 1.69% |
FAQ
How much do DGRO and XLI overlap?
DGRO and XLI have a 9.7% overlap by weight, sharing 53 holdings (out of 394 in DGRO and 82 in XLI), based on official issuer holdings as of 2026-04-30.
What does 9.7% overlap mean?
DGRO and XLI hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do DGRO and XLI both hold?
The largest shared positions are CATERPILLAR INC, UNION PACIFIC CORP, RTX CORP, AUTOMATIC DATA PROCESSING INC, LOCKHEED MARTIN CORP. The full list of top shared holdings with weights in each fund is shown on this page.