iShares Core Dividend Growth ETF
ALTAR
Score™
6.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.7x P/Sales
ratio
1.9x
P/BV
ratio
2.4x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Core Dividend Growth ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the investment resutls of an index composed of U.S. equities with a history of consistently growing dividends.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Jun 10, 2014
Assets (mns) $10,730
Currency USD
Expense ratio 8 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Bank of New York Mellon
Weighting Dividend
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 422
Wgt avg mkt cap (mns) $229,418
Large cap (>$10bn) 93.3%
Mid cap ($2-10bn) 6.4%
Small cap (<$2bn) 0.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 3.4 %
MICROSOFT CORP 3.4 %
JOHNSON & JOHNSON 3.0 %
VERIZON COMMUNICATIONS INC 2.9 %
JPMORGAN CHASE & CO 2.8 %
CHEVRON CORP 2.6 %
PROCTER & GAMBLE CO/THE 2.5 %
PFIZER INC 2.4 %
WELLS FARGO & CO 2.0 %
HOME DEPOT INC 2.0 %
Total 26.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
IRELAND 2.1 %
BRITAIN 0.9 %
SWITZERLAND 0.6 %
BERMUDA 0.2 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-9.4% 1.0% 10.4% -- 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.95 97%
MSCI EAFE 0.95 83%
MSCI Emg. Mkts. 0.67 67%

Technical Indicators
Recent close $37.99
30d moving avg. $38.12
Annualized volatility 16.4%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.2%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 2,367
Turnover 0.8%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $152,283

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares Core Dividend Growth ETF ETF based on the alternatives' overlap in portfolio holdings with DGRO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DGRO Expense: 8 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DGRO
Ticker Fund
Name
Overlap1
vs DGRO
(%)
Expense
ratio
(bp)
Savings
vs DGRO
(bp)
ALTAR
Score™
(%)
ALTAR
vs DGRO
(%)
DLN WisdomTree U.S. LargeCap Dividend Fund 68.5 28 -20 6.4 -0.2
DTD WisdomTree U.S.Total Dividend Fund 66.0 28 -20 6.7 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 61.9 4 4 7.2 +0.6
DIVB iShares U.S. Dividend & Buyback ETF 61.5 25 -17 6.6 -0.0
VYM Vanguard High Dividend Yield Index ETF 61.0 6 2 7.4 +0.7
RAFE PIMCO RAFI ESG U.S. ETF 58.9 29 -21 7.8 +1.2
VTV Vanguard Value Index Fund 57.9 4 4 7.5 +0.8
USDY Pacific Global US Equity Income ETF 57.5 29 -21 7.3 +0.6
EPS WisdomTree U.S. Earnings 500 Fund 56.3 8 0 6.5 -0.2
VOOV Vanguard S&P 500 Value ETF 56.1 15 -7 7.4 +0.7
SPYV SPDR Portfolio S&P 500 Value ETF 55.6 4 4 7.5 +0.8
IVE iShares S&P 500 Value ETF 55.6 18 -10 7.3 +0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 55.3 25 -17 6.6 -0.1
MGV Vanguard Mega Cap Value ETF 55.2 7 1 7.3 +0.6
IUSV iShares Core S&P U.S. Value ETF 55.0 4 4 7.6 +0.9
PFM Invesco Dividend Achievers ETF 54.8 54 -46 5.5 -1.2
QUS SPDR MSCI USA StrategicFactors ETF 54.4 15 -7 5.9 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 53.9 39 -31 6.9 +0.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 53.1 25 -17 6.6 -0.1
OUSA O'Shares FTSE US Quality Dividend ETF 52.3 48 -40 5.7 -1.0
IWD iShares Russell 1000 Value ETF 52.0 19 -11 7.2 +0.6
IWX iShares Russell Top 200 Value ETF 51.6 20 -12 7.2 +0.5
VONV Vanguard Russell 1000 Value Index Fund 51.4 8 0 7.4 +0.7
PBP Invesco S&P 500 BuyWrite ETF 50.8 49 -41 5.0 -1.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 50.5 20 -12 5.0 -1.7
HSPX Global X S&P 500 Covered Call ETF 50.1 65 -57 4.9 -1.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 50.0 20 -12 5.4 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 50.0 27 -19 5.3 -1.4
SPY SPDR S&P 500 ETF Trust 49.9 9 -1 5.4 -1.3
SPLG SPDR Portfolio Large Cap ETF 49.9 3 5 5.4 -1.2
IVV iShares Core S&P 500 ETF 49.8 4 4 5.4 -1.3
VOO VANGUARD S&P 500 ETF 49.8 3 5 5.4 -1.2
SNPE Xtrackers S&P 500 ESG ETF 49.4 11 -3 5.1 -1.6
MGC Vanguard Mega Cap Index Fund 49.4 7 1 5.2 -1.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 49.2 28 -20 6.5 -0.2
BKLC BNY Mellon US Large Cap Core Equity ETF 49.1 0 8 5.2 -1.4
ESG FlexShares STOXX US ESG Impact Index Fund 48.9 32 -24 5.1 -1.6
SPTM SPDR Portfolio Total Stock Market ETF 48.9 3 5 5.5 -1.1
JHML John Hancock Multifactor Large Cap ETF 48.7 29 -21 5.6 -1.1
RECS Columbia Research Enhanced Core ETF 48.5 15 -7 5.7 -1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 48.3 7 1 5.2 -1.5
IWL iShares Russell Top 200 ETF 48.3 15 -7 5.0 -1.6
VV Vanguard Large-Cap Index Fund 48.3 4 4 5.3 -1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 48.2 2 6 5.3 -1.4
PBUS Invesco PureBeta MSCI USA ETF 48.1 4 4 5.3 -1.4
ESGU iShares MSCI USA ESG Optimized ETF 48.1 15 -7 5.1 -1.6
SCHX Schwab U.S. Large-Cap ETF 47.9 3 5 5.3 -1.4
IUS Invesco Strategic US ETF 47.8 19 -11 6.7 +0.1
SPXT ProShares S&P 500 Ex-Technology ETF 47.5 27 -19 5.7 -1.0
VONE Vanguard Russell 1000 ETF 47.5 8 0 5.3 -1.4
SCHK Schwab 1000 Index ETF 47.4 5 3 5.3 -1.4
FDRR Fidelity Dividend ETF for Rising Rates 47.3 29 -21 7.0 +0.4
OEF iShares S&P 100 ETF 47.3 20 -12 4.8 -1.9
IYY iShares Dow Jones U.S. ETF 47.3 20 -12 5.2 -1.5
SPXN ProShares S&P 500 Ex-Financials ETF 47.1 27 -19 5.0 -1.7
IWB iShares Russell 1000 ETF 46.9 15 -7 5.2 -1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 46.3 29 -21 6.3 -0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 46.2 27 -19 5.0 -1.7
VTHR Vanguard Russell 3000 Index Fund 46.1 10 -2 5.1 -1.5
SCHB Schwab U.S. Broad Market ETF 46.1 3 5 5.3 -1.4
VLU SPDR S&P 1500 Value Tilt ETF 46.0 12 -4 7.5 +0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 45.9 3 5 5.2 -1.5
AVUS Avantis U.S. Equity ETF 45.9 15 -7 5.8 -0.9
VTI Vanguard Total Stock Market Index Fund 45.7 3 5 5.2 -1.5
IWV iShares Russell 3000 ETF 45.7 20 -12 5.1 -1.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 45.6 10 -2 5.3 -1.4
SUSL iShares ESG MSCI USA Leaders ETF 45.5 10 -2 5.3 -1.3
EQWL Invesco Russell Top 200 Equal Weight ETF 45.1 25 -17 6.1 -0.5
IQSU IQ Candriam ESG US Equity ETF 45.1 9 -1 5.1 -1.6
NACP Impact Shares NAACP Minority Empowerment ETF 44.8 75 -67 4.5 -2.2
ESGV Vanguard ESG U.S. Stock ETF 44.1 12 -4 5.2 -1.5
JQUA JPMorgan U.S. Quality Factor ETF 43.8 12 -4 5.3 -1.4
VIG Vanguard Dividend Appreciation Index Fund 43.8 6 2 5.4 -1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 43.7 9 -1 5.6 -1.1
CATH Global X S&P 500 Catholic Values Custom ETF 43.5 29 -21 5.2 -1.4
DSI iShares MSCI KLD 400 Social ETF 43.2 25 -17 5.1 -1.5
RWL Invesco S&P 500 Revenue ETF 42.9 39 -31 7.3 +0.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 42.7 49 -41 4.1 -2.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 42.7 12 -4 4.8 -1.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 42.6 12 -4 4.9 -1.7
SFY SoFi Select 500 ETF 42.4 0 8 5.2 -1.4
JVAL JPMorgan U.S. Value Factor ETF 42.3 12 -4 8.8 +2.2
QDEF FlexShares Quality Dividend Defensive Index Fund 42.3 37 -29 5.9 -0.8
XLG Invesco S&P 500 Top 50 ETF 42.2 20 -12 4.4 -2.2
WOMN Impact Shares YWCA Women's Empowerment ETF 42.0 75 -67 4.5 -2.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 41.9 25 -17 6.7 0.0
FLQL Franklin LibertyQ U.S. Equity ETF 41.8 15 -7 6.3 -0.3
JKF iShares Morningstar Large Cap Value ETF 41.8 25 -17 7.6 +0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 41.3 30 -22 6.6 -0.1
ROUS Hartford Multifactor US Equity ETF 41.2 19 -11 7.4 +0.7
FDLO Fidelity Low Volatility Factor ETF 40.5 29 -21 5.2 -1.5
QDF FlexShares Quality Dividend Index Fund 40.4 37 -29 6.1 -0.5
FDVV Fidelity Core Dividend ETF 40.2 29 -21 7.2 +0.5
EDOW First Trust Dow 30 Equal Weight ETF 39.9 50 -42 6.0 -0.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 39.5 37 -29 6.2 -0.4
FQAL Fidelity Quality Factor ETF 39.3 29 -21 5.5 -1.2
YLDE ClearBridge Dividend Strategy ESG ETF 39.2 60 -52 5.0 -1.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 38.8 19 -11 5.7 -1.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 38.1 60 -52 4.4 -2.3
QLC FlexShares US Quality Large Cap Index Fund 37.9 32 -24 5.4 -1.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Core Dividend Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.5 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.