DGRO iShares Core Dividend Growth ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for DGRO (iShares Core Dividend Growth ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -14.2% (compared to the benchmark's drawdown of -35.1%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 12.6%, compared to a Buy-and-Hold benchmark return of 13.2%. The strategy executed 23 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
DGRO Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 20.59% | 23.51% | 9.13% | 10.66% | 12.56% | 13.32% | 12.58% | 13.25% |
| Sharpe Ratio | 2.15 | 2.25 | 0.87 | 0.74 | 1.02 | 0.75 | 1.02 | 0.75 |
| Max Drawdown | -6.47% | -6.47% | -12.20% | -19.31% | -14.16% | -35.10% | -14.16% | -35.10% |
| % Time Invested | 100.0% | 100.0% | 97.5% | 100.0% | 97.6% | 100.0% | 97.7% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.8 | 0.0 | 2.3 | 0.0 | 2.3 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2025-09-24 | Open | Open | 33.33% | $66.97 | $74.92 | 11.88% | Mark-to-Market |
| 2025-05-01 | Open | Open | 33.33% | $58.79 | $74.92 | 27.43% | Mark-to-Market |
| 2023-04-04 | Open | Open | 33.33% | $47.02 | $74.92 | 59.33% | Mark-to-Market |
| 2025-06-05 | 2025-09-24 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.64% | Interest Income |
| 2025-05-01 | 2025-06-05 | Completed | 33.33% | $58.79 | $61.29 | 4.24% | Signal |
| 2025-04-08 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.21% | Interest Income |
| 2025-03-06 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.43% | Interest Income |
| 2023-11-24 | 2025-04-08 | Completed | 33.33% | $48.39 | $56.33 | 16.41% | Stop |
| 2024-01-16 | 2025-03-06 | Completed | 33.33% | $51.17 | $60.86 | 18.95% | Signal |
| 2023-10-26 | 2024-01-16 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.45% | Interest Income |
| 2023-10-16 | 2023-11-24 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.64% | Interest Income |
| 2023-07-12 | 2023-10-26 | Completed | 33.33% | $48.56 | $45.53 | -6.23% | Signal |
| 2023-03-30 | 2023-10-16 | Completed | 33.33% | $46.15 | $46.95 | 1.73% | Signal |
| 2023-06-02 | 2023-07-12 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.74% | Interest Income |
| 2023-04-25 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.45% | Interest Income |
| 2023-01-03 | 2023-04-25 | Completed | 33.33% | $46.55 | $47.41 | 1.86% | Signal |
| 2022-12-22 | 2023-04-04 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.54% | Interest Income |
| 2022-12-02 | 2023-03-30 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.61% | Interest Income |
| 2022-12-02 | 2023-01-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.68% | Interest Income |
| 2022-11-07 | 2022-12-22 | Completed | 33.33% | $44.84 | $46.18 | 3.00% | Signal |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-14 | 2022-11-07 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2022-07-11 | 2022-10-14 | Completed | 33.33% | $44.03 | $42.44 | -3.61% | Stop |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-06-24 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2022-04-08 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2022-06-15 | 2022-07-11 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-06-14 | 2022-06-24 | Completed | 33.33% | $43.09 | $43.50 | 0.96% | Signal |
| 2020-04-01 | 2022-06-15 | Completed | 33.33% | $27.30 | $43.03 | 57.62% | Stop |
| 2022-05-20 | 2022-06-14 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2020-08-11 | 2022-05-20 | Completed | 33.33% | $35.76 | $44.57 | 24.65% | Stop |
| 2020-07-07 | 2022-04-08 | Completed | 33.33% | $33.22 | $48.52 | 46.04% | Signal |
| 2020-06-02 | 2020-08-11 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.94% | Interest Income |
| 2020-06-12 | 2020-07-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income |
| 2020-06-09 | 2020-06-12 | Completed | 33.33% | $35.10 | $33.14 | -5.58% | Stop |
| 2020-06-02 | 2020-06-09 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income |
| 2020-05-28 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2020-04-01 | 2020-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2020-03-24 | 2020-05-28 | Completed | 33.33% | $25.65 | $33.17 | 29.32% | Signal |
| 2020-03-24 | 2020-04-01 | Completed | 33.33% | $25.65 | $27.30 | 6.43% | Signal |
| 2020-03-10 | 2020-04-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2020-03-03 | 2020-03-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2020-03-03 | 2020-03-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.36% | Interest Income |
| 2019-01-18 | 2020-03-10 | Completed | 33.33% | $29.24 | $31.35 | 7.20% | Stop |
| 2020-03-02 | 2020-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2020-03-02 | 2020-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2019-05-22 | 2020-03-02 | Completed | 33.33% | $31.59 | $32.63 | 3.30% | Stop |
| 2019-02-07 | 2020-03-02 | Completed | 33.33% | $29.91 | $32.63 | 9.12% | Stop |
| 2019-03-22 | 2019-05-22 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.60% | Interest Income |
| 2019-01-16 | 2019-03-22 | Completed | 33.33% | $28.79 | $31.04 | 7.83% | Signal |
| 2018-12-20 | 2019-02-07 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2018-12-26 | 2019-01-18 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2018-12-21 | 2019-01-16 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2016-06-07 | 2018-12-26 | Completed | 33.33% | $21.72 | $26.39 | 21.48% | Stop |
| 2016-06-07 | 2018-12-21 | Completed | 33.33% | $21.72 | $27.47 | 26.48% | Stop |
| 2018-07-25 | 2018-12-20 | Completed | 33.33% | $29.52 | $27.58 | -6.56% | Signal |
| 2018-05-03 | 2018-07-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.46% | Interest Income |
| 2016-06-07 | 2018-05-03 | Completed | 33.33% | $21.72 | $27.68 | 27.45% | Signal |
| 2016-06-03 | 2016-06-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2016-06-03 | 2016-06-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2016-06-03 | 2016-06-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |