DGRO vs IJR Overlap
Both funds come from IShares. DGRO is a dividend-focused equity ETF, while IJR is a small-cap U.S. equity ETF. DGRO and IJR show limited overlap, with an estimated weighted overlap of 0.43%. They share 28 holdings in the loaded dataset, led by RDN, CRC, and MGY.
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Quick Answer
Both funds come from IShares. DGRO is a dividend-focused equity ETF, while IJR is a small-cap U.S. equity ETF. DGRO and IJR show limited overlap, with an estimated weighted overlap of 0.43%. They share 28 holdings in the loaded dataset, led by RDN, CRC, and MGY.
- 0.43% weighted overlap across 28 shared holdings.
- The top three shared holdings explain 21.63% of the measured overlap.
- DGRO and IJR are closer in breadth than a broad-vs-niche ETF pair.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both can still add materially different exposure.
Data Freshness
- DGRO holdings
- Mar 12, 2026
- IJR holdings
- Mar 12, 2026
- Overlap computed
- Mar 13, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
Both funds come from IShares. DGRO is a dividend-focused equity ETF, while IJR is a small-cap U.S. equity ETF. DGRO and IJR do not own much of the same portfolio weight. That usually means you are combining different parts of the market, with only a small amount of duplication through names like RDN, CRC, and MGY.
How They Differ
Both funds come from IShares. DGRO is a dividend-focused equity ETF, while IJR is a small-cap U.S. equity ETF. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. IJR has the lower expense ratio, while DGRO charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 21.63% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
Because DGRO and IJR are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. IJR has the lower expense ratio, while DGRO charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 21.63% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between DGRO and IJR.
| Holding | Name | DGRO Wt. | IJR Wt. | Overlap |
|---|---|---|---|---|
| RDN | RADIAN GROUP INC | 0.04% | 0.24% | 0.04% |
| CRC | CALIFORNIA RESOURCES CORP | 0.03% | 0.32% | 0.03% |
| MGY | MAGNOLIA OIL GAS CORP CLASS A | 0.03% | 0.35% | 0.03% |
| MDU | MDU RESOURCES GROUP INC | 0.03% | 0.28% | 0.03% |
| KTB | KONTOOR BRANDS INC | 0.02% | 0.23% | 0.02% |
| UCB | UNITED COMMUNITY BANKS INC | 0.02% | 0.24% | 0.02% |
| KFY | KORN FERRY | 0.02% | 0.22% | 0.02% |
| VCTR | VICTORY CAPITAL HOLDINGS CLASS A I | 0.02% | 0.21% | 0.02% |
| MKTX | MARKETAXESS HOLDINGS INC | 0.02% | 0.42% | 0.02% |
| AL | AIR LEASE CORP CLASS A | 0.02% | 0.45% | 0.02% |
Why These ETFs Overlap
Both funds come from IShares. DGRO is a dividend-focused equity ETF, while IJR is a small-cap U.S. equity ETF. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are RDN, CRC, and MGY, which appear in both portfolios and push the overlap score higher.
Holding both DGRO and IJR can make sense if you want exposure to different sleeves of the market. The overlap is small enough that both funds may still improve diversification.
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Frequently Asked Questions About DGRO and IJR
What is the overlap between DGRO and IJR?+
How many holdings do DGRO and IJR share?+
Is the DGRO and IJR overlap high?+
Why do DGRO and IJR overlap?+
Which ETF is broader, DGRO or IJR?+
How Overlap Is Calculated
A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.