ETF Holdings

DGRO Holdings Allocation Tree: Where Dividend Income Comes From

Explore how the largest holdings in DGRO contribute to estimated dividend income. Compare portfolio weights, sector allocation, and income contribution across the ETF's top holdings.

Published July 31, 2026 · Updated July 31, 2026

DGRO · ETF Holdings · Dividend Income

DGRO ETF income allocation treeDGROiShares Core Dividend GrowthETF◉1.98%TTM dividend yield◉390Holdings%0.08%Expense ratio2026-07-27Health Care14.0%ETF income12.4% portfolio weight6 holdingsJNJ3.2%ABBV4.2%MRK2.5%Remaining Holdings (3)4.1%Consumer Staples12.3%ETF income7.9% portfolio weight4 holdingsPG3.3%PM3.2%KO2.4%Remaining Holdings (1)3.4%Financials5.9%ETF income6.3% portfolio weight3 holdingsJPM2.7%BAC1.9%WFC1.3%Energy3.9%ETF income2.9% portfolio weight1 holdingXOM3.9%Information Technology3.6%ETF income9.5% portfolio weight4 holdingsAAPL0.5%MSFT1.3%AVGO0.9%Remaining Holdings (1)1.0%Consumer Discretionary3.0%ETF income2.1% portfolio weight1 holdingHD3.0%Utilities1.7%ETF income1.2% portfolio weight1 holdingNEE1.7%iCovers 42.36% of ETF weight and an estimated 44.4% of dividend incomeIncome contribution estimated from portfolio weights and trailing dividend yields.

Introduction

A portfolio's largest holdings are not always the biggest drivers of its dividend income. While allocation weight determines how much of the fund is invested in each company, dividend yield influences how much estimated income each holding contributes. This visualization examines the top 20 holdings in the iShares Core Dividend Growth ETF (DGRO) as of July 27, 2026, comparing portfolio allocation with estimated dividend-income contribution. The included holdings represent 42.36% of the ETF's portfolio weight and an estimated 44.36% of its dividend income, providing a representative snapshot of where much of the fund's current income is generated.

Key insights

  • Health Care Leads Both Allocation and Estimated Income

    Health Care is the largest sector in the included holdings, accounting for 12.45% of portfolio weight while contributing an estimated 13.99% of dividend income. Holdings such as AbbVie, Johnson & Johnson, Merck, Amgen, and UnitedHealth help the sector generate a slightly larger share of income than its portfolio allocation alone would suggest.

  • Consumer Staples Punches Above Its Weight

    Consumer Staples represents 7.86% of the included portfolio but contributes an estimated 12.27% of dividend income. Higher-yielding holdings including PepsiCo, Procter & Gamble, Philip Morris, and Coca-Cola produce proportionally more income than their portfolio weights alone would indicate.

  • Technology Has Significant Weight but Lower Income Contribution

    Information Technology accounts for 9.50% of the included portfolio yet contributes only an estimated 3.59% of dividend income. Large positions such as Apple, Microsoft, and Broadcom have relatively modest current dividend yields, meaning they represent a substantial share of assets while generating a smaller share of current income.

  • Individual Holdings Show the Difference Between Weight and Income

    Some of DGRO's largest positions by weight are not its largest income contributors. Apple, for example, is one of the ETF's largest holdings but contributes relatively little estimated dividend income because of its low current dividend yield. By contrast, PepsiCo has a smaller portfolio weight yet produces a comparatively larger share of estimated income due to its higher yield.

Methodology

METHODOLOGY Estimated dividend-income contribution is calculated by combining each holding's portfolio weight with its current dividend yield relative to the ETF's overall dividend yield. This visualization focuses on the 20 holdings included in the supplied dataset, representing 42.36% of DGRO's portfolio weight and an estimated 44.36% of its dividend income. Holdings, portfolio weights, and dividend yields change over time, so the visualization reflects the ETF as of July 27, 2026.

Source: Holdings, portfolio weights, dividend yields, and estimated income contribution are based on the supplied chart data for DGRO as of July 27, 2026. Estimated income contribution is derived from holding weight × dividend yield relative to the ETF's dividend yield.

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