iShares Core Dividend Growth ETF
ALTAR
Score™
8.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
13.8x P/Sales
ratio
1.6x
P/BV
ratio
2.1x Div.
yield
3.3%


  • 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 12, 2014
Assets (mns) $9,018
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 478
Wgt avg mkt cap (mns) $195,822
Large cap (>$10bn) 91.8%
Mid cap ($2-10bn) 7.3%
Small cap (<$2bn) 1.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 3.3 %
JOHNSON & JOHNSON 3.1 %
VERIZON COMMUNICATIONS INC 3.1 %
APPLE INC 2.9 %
JPMORGAN CHASE & CO 2.8 %
CHEVRON CORP 2.8 %
PFIZER INC 2.7 %
PROCTER & GAMBLE CO/THE 2.3 %
WELLS FARGO & CO 2.0 %
CISCO SYSTEMS INC 2.0 %
Total 27.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
IRELAND 2.0 %
BRITAIN 0.7 %
SWITZERLAND 0.5 %
BERMUDA 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-21.9% -9.0% 6.9% -- 7.2%

Market Correlations
versus... Beta R-squared
S&P500 0.97 97%
MSCI EAFE 0.91 82%
MSCI Emg. Mkts. 0.67 66%

Technical Indicators
Recent close $33.66
30d moving avg. $34.45
Annualized volatility 15.0%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.2%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 4,471
Turnover 1.7%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $163,100

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™: 8.0%


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 69.0 28 -20 7.6 -0.3
DTD WisdomTree U.S.Total Dividend Fund 66.6 28 -20 8.1 +0.1
DIVB iShares U.S. Dividend & Buyback ETF 64.2 25 -17 8.3 +0.3
SCHV Schwab U.S. Large-Cap Value ETF 62.1 4 4 8.6 +0.6
VYM Vanguard High Dividend Yield Index ETF 60.0 6 2 8.5 +0.5
EPS WisdomTree U.S. Earnings 500 Fund 59.6 8 0 8.0 +0.1
VTV Vanguard Value Index Fund 58.8 4 4 8.7 +0.8
RAFE PIMCO RAFI ESG U.S. ETF 58.3 29 -21 9.6 +1.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 58.2 25 -17 7.9 -0.1
PBP Invesco S&P 500 BuyWrite ETF 58.1 49 -41 6.3 -1.7
HSPX Global X S&P 500 Covered Call ETF 57.3 65 -57 6.1 -1.9
VOOV Vanguard S&P 500 Value ETF 57.2 15 -7 8.7 +0.7
IVE iShares S&P 500 Value ETF 56.9 18 -10 8.7 +0.7
SPYV SPDR Portfolio S&P 500 Value ETF 56.8 4 4 8.8 +0.8
IUSV iShares Core S&P U.S. Value ETF 56.5 4 4 8.9 +1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 56.2 25 -17 8.0 +0.0
PRF Invesco FTSE RAFI US 1000 ETF 56.0 39 -31 8.7 +0.7
MGV Vanguard Mega Cap Value ETF 55.4 7 1 8.5 +0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 54.8 20 -12 6.3 -1.7
SNPE Xtrackers S&P 500 ESG ETF 54.6 11 -3 6.5 -1.5
USDY Pacific Global US Equity Income ETF 54.5 29 -21 10.0 +2.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 54.4 20 -12 6.7 -1.2
MGC Vanguard Mega Cap Index Fund 54.4 7 1 6.5 -1.5
QUS SPDR MSCI USA StrategicFactors ETF 54.3 15 -7 6.9 -1.1
SPY SPDR S&P 500 ETF Trust 54.3 9 -1 6.7 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 54.2 27 -19 6.6 -1.3
VOO VANGUARD S&P 500 ETF 54.1 3 5 6.7 -1.2
SPLG SPDR Portfolio Large Cap ETF 54.1 3 5 6.8 -1.2
IVV iShares Core S&P 500 ETF 54.1 4 4 6.7 -1.2
IWL iShares Russell Top 200 ETF 53.5 15 -7 6.3 -1.7
OUSA O'Shares FTSE US Quality Dividend ETF 53.3 48 -40 6.6 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 53.2 3 5 6.9 -1.1
VV Vanguard Large-Cap Index Fund 53.2 4 4 6.6 -1.4
VONV Vanguard Russell 1000 Value Index Fund 53.1 8 0 8.8 +0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 52.7 2 6 6.7 -1.3
PBUS Invesco PureBeta MSCI USA ETF 52.6 4 4 6.7 -1.3
SCHX Schwab U.S. Large-Cap ETF 52.5 3 5 6.7 -1.3
VONE Vanguard Russell 1000 ETF 52.5 8 0 6.7 -1.3
OEF iShares S&P 100 ETF 52.3 20 -12 6.0 -1.9
VLU SPDR S&P 1500 Value Tilt ETF 52.3 12 -4 9.1 +1.2
IWD iShares Russell 1000 Value ETF 52.2 19 -11 8.7 +0.7
SCHK Schwab 1000 Index ETF 52.1 5 3 6.7 -1.3
IWB iShares Russell 1000 ETF 52.0 15 -7 6.6 -1.4
IUS Invesco Strategic US ETF 52.0 19 -11 7.5 -0.4
IYY iShares Dow Jones U.S. ETF 51.8 20 -12 6.6 -1.4
JHML John Hancock Multifactor Large Cap ETF 51.8 34 -26 7.0 -0.9
SPXT ProShares S&P 500 Ex-Technology ETF 51.6 27 -19 7.0 -1.0
SPXN ProShares S&P 500 Ex-Financials ETF 51.6 27 -19 6.3 -1.7
VTHR Vanguard Russell 3000 Index Fund 50.9 10 -2 6.6 -1.4
SCHB Schwab U.S. Broad Market ETF 50.8 3 5 6.7 -1.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 50.6 3 5 6.6 -1.4
IWV iShares Russell 3000 ETF 50.6 20 -12 6.5 -1.5
VTI Vanguard Total Stock Market Index Fund 50.6 3 5 6.6 -1.4
SPXV ProShares S&P 500 Ex-Health Care ETF 50.4 27 -19 6.4 -1.5
RECS Columbia Research Enhanced Core ETF 49.9 15 -7 7.1 -0.9
IQSU IQ Candriam ESG US Equity ETF 49.8 9 -1 6.3 -1.6
AVUS Avantis U.S. Equity ETF 49.7 15 -7 7.5 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 49.3 15 -7 6.3 -1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 49.2 12 -4 6.4 -1.6
ESG FlexShares STOXX US ESG Impact Index Fund 49.2 32 -24 6.4 -1.6
NACP Impact Shares NAACP Minority Empowerment ETF 49.0 75 -67 5.8 -2.1
ESGV Vanguard ESG U.S. Stock ETF 48.9 12 -4 6.6 -1.4
FDRR Fidelity Dividend ETF for Rising Rates 48.4 29 -21 9.2 +1.2
IWX iShares Russell Top 200 Value ETF 48.3 20 -12 8.3 +0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 48.1 29 -21 7.7 -0.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 47.9 28 -20 7.8 -0.1
SFY SoFi Select 500 ETF 47.9 0 8 6.3 -1.7
SUSL iShares ESG MSCI USA Leaders ETF 47.7 10 -2 6.6 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 47.6 9 -1 6.9 -1.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 47.5 10 -2 6.6 -1.4
EQWL Invesco Russell Top 200 Equal Weight ETF 46.9 25 -17 7.2 -0.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 46.7 25 -17 8.1 +0.2
DSI iShares MSCI KLD 400 Social ETF 46.6 25 -17 6.4 -1.6
CATH Global X S&P 500 Catholic Values Custom ETF 46.4 29 -21 6.6 -1.3
XLG Invesco S&P 500 Top 50 ETF 46.3 20 -12 5.6 -2.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 46.2 12 -4 6.0 -2.0
PFM Invesco Dividend Achievers ETF 45.7 54 -46 6.1 -1.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 45.4 49 -41 5.1 -2.9
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 45.2 15 -7 6.5 -1.5
RWL Invesco S&P 500 Revenue ETF 45.0 39 -31 8.7 +0.8
JQUA JPMorgan U.S. Quality Factor ETF 44.9 12 -4 6.3 -1.7
WOMN Impact Shares YWCA Women's Empowerment ETF 44.7 75 -67 5.9 -2.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 44.0 60 -52 5.6 -2.4
FLQL Franklin LibertyQ U.S. Equity ETF 42.8 15 -7 7.6 -0.3
QDEF FlexShares Quality Dividend Defensive Index Fund 42.4 37 -29 7.5 -0.5
ROUS Hartford Multifactor US Equity ETF 42.4 19 -11 8.8 +0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 42.3 19 -11 7.1 -0.9
FDLO Fidelity Low Volatility Factor ETF 42.1 29 -21 6.2 -1.8
JVAL JPMorgan U.S. Value Factor ETF 42.0 12 -4 11.3 +3.4
EXT WisdomTree U.S. Total Earnings Fund 41.9 28 -20 7.3 -0.7
QDF FlexShares Quality Dividend Index Fund 41.6 37 -29 8.4 +0.4
EDOW First Trust Dow 30 Equal Weight ETF 41.2 50 -42 6.9 -1.1
FDVV Fidelity Core Dividend ETF 40.7 29 -21 9.3 +1.3
TOK iShares MSCI Kokusai ETF 40.6 25 -17 7.0 -1.0
FQAL Fidelity Quality Factor ETF 40.1 29 -21 6.7 -1.3
DJD Invesco Dow Jones Industrial Average Dividend ETF 40.0 7 1 7.9 -0.1
QDYN FlexShares Quality Dividend Dynamic Index Fund 39.9 37 -29 8.6 +0.6
AFLG First Trust Active Factor Large Cap ETF 39.8 55 -47 7.3 -0.7
RNLC Large Cap US Equity Select ETF 39.7 60 -52 7.6 -0.4
YLDE ClearBridge Dividend Strategy ESG ETF 39.3 60 -52 5.8 -2.1

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 16.5 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 8 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.51
 
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.