DGRO vs EFX: Correlation
Measured on weekly returns over the past three years, iShares Core Dividend Growth ETF (DGRO) and Equifax (EFX) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DGRO and EFX?
Across a 3-year window, the weekly returns of DGRO and EFX correlate at 0.60, strong. Lately the two have drifted apart, with the 1-year correlation at 0.39 versus 0.60 over 3 years. Stretching to 5 years gives 0.63, with an annualized covariance of 229.7 %².
By 3-year correlation, EFX places #67 of the 138 assets tracked against DGRO. Their recent paths diverged sharply: over the last 12 months DGRO outperformed by 42.8 percentage points (+21.0% for DGRO against -21.8% for EFX). The rolling one-year correlation moved between 0.35 and 0.76 over the past three years, a moderate range. Risk is not evenly split, since EFX carries 2.9 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DGRO vs EFX: side by side
| DGRO (iShares Core Dividend Growth ETF) | EFX (Equifax) | |
|---|---|---|
| 1-year return | +21.0% | -21.8% |
| 5-year return | +67.9% | -26.0% |
| Volatility (ann.) | 11.4% | 33.3% |
| Beta vs S&P 500 | 0.65 | 1.25 |
| Max drawdown (3Y) | -14.0% | -49.7% |
| Market cap | – | $22.4B |
| P/E (trailing) | – | 33.5 |
| Dividend yield | 1.89% | 1.11% |
| Expense ratio | 0.08% | – |
| Assets under management | $42.8B | – |
| Sector / category | ETF · Dividend | Industrials |
DGRO is a Large Value fund from iShares: $42.8B under management, 383 holdings, a 0.08% expense ratio, a 1.89% trailing dividend yield.
Year-by-year returns
| Year | DGRO | EFX |
|---|---|---|
| 2022 | -7.9% | -33.1% |
| 2023 | +10.5% | +28.2% |
| 2024 | +16.6% | +3.7% |
| 2025 | +15.7% | -14.2% |
| 2026 | +15.2% | -11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DGRO and EFX good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DGRO and EFX?
As of 2026-08-27, the correlation of weekly returns between DGRO and EFX is 0.60 over 3 years, 0.39 over 1 year and 0.63 over 5 years.
Is EFX a good diversifier for DGRO?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
A reading of 0.60 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dgro-vs-efx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dgro-vs-efx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DGRO correlations · EFX correlations
