DGRO 📈 iShares Core Dividend Growth - Overview

The iShares Core Dividend Growth ETF, listed on NYSE ARCA under the ticker DGRO, is designed to track the performance of a specific underlying index, which is a subset of the broader Morningstar U.S. Market Index. This underlying index captures a significant portion of the U.S. stock market, representing approximately 97% of the market capitalization of publicly traded U.S. stocks. By investing in the component securities of this index, DGRO aims to provide a diversified portfolio that mirrors the performance of the U.S. stock market, with a focus on dividend growth.

As a core investment strategy, DGRO will typically allocate at least 80% of its assets to the component securities of its underlying index, as well as other investments that exhibit similar economic characteristics. This approach allows the fund to maintain a high level of correlation with the underlying index, while also providing the flexibility to invest in other securities that may offer similar returns and risk profiles. The fund's investment universe is comprised of large-cap U.S. stocks, which are selected based on their potential for long-term dividend growth and stability.

From a structural perspective, DGRO is an exchange-traded fund (ETF) domiciled in the United States, with the ISIN code US46434V6213. As a large value ETF, DGRO is categorized as a type of investment fund that seeks to provide exposure to established companies with a history of paying consistent dividends. The fund's website, www.ishares.com, provides additional information on its investment objectives, strategies, and performance metrics, offering investors a comprehensive overview of the fund's characteristics and benefits.