Is HWDVX or DGRO a better dividend investment in 2026?

HWDVX currently yields 5.36% with a 5% 5-year dividend growth rate. DGRO yields 2.13% with 9.5% growth. The better choice depends on your goal: HWDVX offers higher current income.

What is the dividend yield difference between HWDVX and DGRO?

HWDVX has a forward dividend yield of 5.36% ($0.53/share annually). DGRO yields 2.13% ($1.47/share annually). The yield gap is 3.23 percentage points.

Home › Compare › HWDVX vs DGRO

HWDVX vs DGRO: Dividend Comparison 2026

HWDVX yields 5.36% · DGRO yields 2.13%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 DGRO wins by $3.2K in total portfolio value

INVESTMENT

TIME HORIZON10 years

HWDVX

● Live price

5.36%

Share price

$9.87

Annual div

$0.53

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.5K

Annual income

$754.59

Full HWDVX calculator →

DGRO

iShares Core Dividend Growth ETF

● Live price

2.13%

Share price

$68.98

Annual div

$1.47

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$31.6K

Annual income

$239.96

Full DGRO calculator →

Portfolio growth — HWDVX vs DGRO

📍 DGRO pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	HWDVX	DGRO
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, HWDVX + DGRO cover 0 of 12 months — good coverage

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

HWDVX pays

DGRO pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

HWDVX

Annual income on $10K today (after 15% tax)

$455.47/yr

After 10yr DRIP, annual income (after tax)

$641.40/yr

DGRO

Annual income on $10K today (after 15% tax)

$181.24/yr

After 10yr DRIP, annual income (after tax)

$203.97/yr

At 15% tax rate, HWDVX beats the other by $437.44/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of HWDVX + DGRO for your $10,000?

HWDVX: 50%DGRO: 50%

100% DGRO50/50100% HWDVX

Portfolio after 10yr

$30.0K

Annual income

$497.27/yr

Blended yield

1.66%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

HWDVX buys

DGRO buys

No recent congressional trades found for HWDVX or DGRO in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricHWDVXDGRO

Forward yield	5.36% ✓	2.13%
Annual dividend / share	$0.53	$1.47 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$28.5K	$31.6K ✓
Annual income after 10y	$754.59 ✓	$239.96
Total dividends collected	$6.5K ✓	$2.3K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

Year-by-year: HWDVX vs DGRO ($10,000, DRIP)

Year	HWDVX Portfolio	HWDVX Income/yr	DGRO Portfolio	DGRO Income/yr	Gap
1← crossover	$11,236	$535.85	$11,293	$213.22	$57.00 → DGRO
2	$12,585	$562.68	$12,730	$217.32	$145.00 → DGRO
3	$14,055	$589.02	$14,326	$221.10	$271.00 → DGRO
4	$15,654	$614.78	$16,098	$224.56	$444.00 → DGRO
5	$17,389	$639.91	$18,064	$227.74	$675.00 → DGRO
6	$19,271	$664.36	$20,246	$230.65	$975.00 → DGRO
7	$21,308	$688.08	$22,666	$233.30	$1.4K → DGRO
8	$23,511	$711.04	$25,349	$235.73	$1.8K → DGRO
9	$25,890	$733.22	$28,325	$237.94	$2.4K → DGRO
10	$28,456	$754.59	$31,624	$239.96	$3.2K → DGRO

HWDVX vs DGRO: Complete Analysis 2026

HWDVX — Stock

The fund normally invests at least 80% of its assets in a broad range of fixed income securities, including U.S. and non-U.S. government and corporate debt, mortgage-related and other asset-backed securities, loan participations, inflation-protected securities, structured securities, variable, floating, and inverse floating rate instruments and preferred stock. It will invest at least 75% of its net assets in investment grade debt securities; however, the fund has the ability to invest up to 50% of its net assets in securities rated below investment grade. It is non-diversified.

Full HWDVX Calculator →

DGRO — ETF

The iShares Core Dividend Growth ETF seeks to track the investment results of an index composed of U.S. equities with a history of consistently growing dividends.

Full DGRO Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.