IJR vs SLYG: Grades, Fees and Holdings Compared

iShares Core S&P Small-Cap ETF

IJRANYSE Arca

State Street SPDR S&P 600 Small Cap Growth ETF

SLYGBNYSE Arca

Overlap

61.5%by weight

Expense ratio

IJR −0.09pt a year

IJR0.06%SLYG0.15%

Avg volume · 30D

IJR 22.5×the volume

IJR3.24MSLYG144K

10Y return · a year

SLYG +0.2pt

IJR+10.6%SLYG+10.8%

IJR vs SLYG Performance

Oct 29, 2021 – Oct 30, 2026

+34.3%IJR+27.7%SLYG

Expense ratio: IJR 0.06%, better; SLYG 0.15%
Fund size: IJR $106B; SLYG $4.77B
1Y total return: IJR +20.6%, better; SLYG +18.9%
Yield (12M): IJR 1.22%, better; SLYG 0.71%
Holdings: IJR 609; SLYG 350
Avg volume (30D): IJR 3.24M sh, better; SLYG 144K sh
NAV per share: IJR $140.29; SLYG $111.51
52W range

ETF.net Grade

Pillar letters and Scores for IJR, SLYG, with each pillar’s weight
Pillar	IJR	SLYG
Cost30% weight	A90Higher	B58
Mission25% weight	A83	A84Higher
Risk15% weight	C53Higher	C48
Tradability15% weight	A76Higher	B69
Holdings10% weight	A85Higher	C53
Durability5% weight	A82Higher	B66

Rank among S&P SmallCap 600 funds

How we build Categories ›

Same Category. IJR and SLYG are both graded against the same 13 S&P SmallCap 600 funds, so their Grades compare head to head.

S&P SmallCap 600⁠

Category · 13 funds

See all 13 ›

IJR ranks 2nd and SLYG 5th of 13 funds in the S&P SmallCap 600 Category.

Rank 1ASPSMState Street SPDR Portfolio S&P 600 Small Cap ETFScore 84
Rank 2AIJRiShares Core S&P Small-Cap ETFScore 79
Rank 3AVIOOVanguard S&P Small-Cap 600 ETFScore 70
Rank 4BVIOGVanguard S&P Small-Cap 600 Growth ETFScore 66
Rank 5BSLYGState Street SPDR S&P 600 Small Cap Growth ETFScore 64
Rank 6BIJTiShares S&P Small-Cap 600 Growth ETFScore 63

Our read on each fund

ETF.net Research

IJRAiShares Core S&P Small-Cap ETF

SLYGBState Street SPDR S&P 600 Small Cap Growth ETF

In short

IJR Small caps, but only the ones making money. IJR tracks the S&P SmallCap 600, an index that screens for positive earnings before a stock gets in, and it has been the big, heavily traded way to own that basket since 2000.

SLYG Live since 2000, SLYG splits the S&P SmallCap 600 in two and keeps the growth half: roughly 400 small companies screened on growth and momentum. An old, plain wrapper around a sharp style tilt.

Stated mandate

IJR The fund seeks to track an index representing small-capitalization U.S. equities.

SLYG The fund seeks to deliver, before fees and expenses, total returns that generally correspond to the S&P SmallCap 600 Growth Index.

Why people hold it

IJR The index runs a profitability screen: no positive earnings, no entry. The money-losing tail of the small-cap market never reaches the portfolio.spglobal.com
0.06% a year, against a 0.18% median for funds wrapping this same index. One of the strongest overall implementations in that peer group.
Trading since 2000 and now one of the largest, most actively traded S&P 600 funds available.
Roughly 700 US small-cap positions, cash paid out quarterly.

SLYG Running since 2000 and now a multi-billion-dollar fund: one of the original ways to own the growth half of the S&P SmallCap 600.
Cheap for a style fund at 0.15%, under the 0.18% median of its S&P 600 peer group, and the portfolio hews closely to its index rather than drifting.
Roughly 400 stocks, cash paid quarterly, and a matching value sibling (SLYV) for the other half of the same index family.

Worth knowing

IJR Cheaper twins exist on the identical index: SPSM charges 0.03%, VIOO 0.07%. On headline fee alone, IJR is not the low bid.
Small-cap stocks move more sharply than large caps, and this is straight index exposure with no hedge or cushion.ishares.com
The earnings screen cuts both ways. When speculative, unprofitable small caps run, this index simply isn't holding them.spglobal.com

SLYG Vanguard's VIOG tracks the same declared index for 0.10%. Same shopping list, lower sticker.
Growth is half the S&P 600 by construction, so it behaves differently from full-index funds like SPSM and IJR, and sits at the jumpier end of small caps.
Moderately traded rather than a firehose. The broad S&P 600 funds see heavier volume, which can show up in spreads on big or hurried orders.

Full IJR profile⁠

Full SLYG profile⁠

IJR vs SLYG Holdings

How IJR and SLYG differ

Overlap by weight

61.5%

Shared holdings make up 99.9% of SLYG and 62.3% of IJR.

Level by level

Holdings347 in both61.5%
Sector11 Sectors90.9%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in IJR and SLYG, widest gap first
Sector	More in IJRMore in SLYG	IJR	SLYG
Health Care	SLYG +4.6 points	11.3%	15.9%
Industrials	SLYG +2.6 points	17.3%	19.9%
Financials	IJR +2.2 points	18.4%	16.2%
Consumer Discretionary	IJR +2.0 points	13.5%	11.5%
Technology	SLYG +1.9 points	12.8%	14.7%
Materials	IJR +1.4 points	4.2%	2.8%
Consumer Staples	IJR +1.4 points	3.9%	2.5%
Energy	IJR +1.4 points	6.6%	5.2%
Communication	IJR +0.6 points	3.4%	2.8%
Real Estate	IJR +0.1 points	6.6%	6.5%
Utilities	IJR +0.1 points	2.0%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in IJR and SLYG, widest gap first
Country	More in IJRMore in SLYG	IJR	SLYG
United States	SLYG +0.1 points	99.9%	100.0%
Singapore	IJR +0.1 points	0.1%	0.0%
Hong Kong	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

IJR6.3%
SLYG10.0%

Securities held

IJR603
SLYG348

Asset class

IJR: Equity
SLYG: Equity

Holdings

Only in IJR256
In both347
Only in SLYG1

Only in IJR

256 securities, 36.4% of IJR by weight

Paycom Software0.58%
Sm Energy0.55%
Match Group Inc0.54%
Jackson Financial Class A0.48%
Carmax Inc0.45%
Victoria’s Secret0.44%
Eastman Chemical0.43%
Pool0.43%
Lamb Weston Holdings0.42%
Epam Systems0.41%
Mohawk Industries0.40%
Builders Firstsource Inc0.40%
Conagra Brands0.40%
Matson Inc0.38%
Molson Coors Brewing Class B0.36%
Magnolia Oil Gas Corp Class A0.36%
Caesars Entertainment Inc0.34%
Teleflex0.34%
Lincoln National Corp0.33%
Atlantic Union Bankshares0.32%
Trade Desk Class A0.30%
Rithm Capital0.30%
Patterson Uti Energy Inc0.29%
Insight Enterprises Inc0.29%
Celanese Corp0.29%
Lkq Corp0.27%
Crescent Energy Class A0.27%
Signet Jewelers0.26%
California Resources0.26%
Rxo Inc0.26%
Delek Us Holdings Inc0.26%
Fulton Financial0.25%
Robert Half0.25%
United Community Banks Inc0.25%
Versant Media Group Inc Class A0.25%
Core Natural Resources0.25%
Integer Holdings Corp0.25%
Cathay General Bancorp0.24%
Meritage Corp0.24%
Campbell Soup0.24%
Mdu Resources Group0.24%
Apple Hospitality Reit Inc0.23%
Rush Enterprises Class A0.22%
Korn Ferry0.22%
Kulicke and Soffa Industries Inc0.22%
Vishay Intertechnology0.21%
Cvb Financial Corp0.21%
Diodes0.21%
Geo Group0.21%
Academy Sports and Outdoors0.21%

Only in SLYG

1 security, 0.0% of SLYG by weight

Contra Apellis Pharmac<0.01%

Weight gaps

The 100 widest of 347 Holdings in both funds.

Holding weights in IJR and SLYG, widest gap first
Holding	More in IJRMore in SLYG	IJR	SLYG
Viasat IncVSAT	SLYG +0.68 points	0.60%	1.28%
Protagonist TherapeuticsPTGX	SLYG +0.59 points	0.53%	1.12%
Ryman Hospitality Properties ReitRHP	SLYG +0.58 points	0.52%	1.10%
EtsyETSY	SLYG +0.50 points	0.43%	0.93%
Tg TherapeuticsTGTX	SLYG +0.49 points	0.49%	0.98%
AlkermesALKS	SLYG +0.48 points	0.43%	0.91%
Federal Signal CorpFSS	SLYG +0.45 points	0.39%	0.84%
Armstrong World IndustriesAWI	SLYG +0.44 points	0.40%	0.84%
Zurn Elkay Water Solutions CorpZWS	SLYG +0.41 points	0.38%	0.79%
Esco TechnologiesESE	SLYG +0.41 points	0.35%	0.76%
Lyft Class ALYFT	SLYG +0.39 points	0.35%	0.74%
EnproNPO	SLYG +0.39 points	0.33%	0.72%
Ligand PharmaceuticalsLGND	SLYG +0.39 points	0.37%	0.76%
Stonex Group IncSNEX	SLYG +0.38 points	0.33%	0.71%
Sensient TechnologiesSXT	SLYG +0.39 points	0.28%	0.67%
GlaukosGKOS	SLYG +0.38 points	0.80%	1.18%
Frontdoor IncFTDR	SLYG +0.38 points	0.34%	0.72%
Jbt MarelJBTM	SLYG +0.37 points	0.32%	0.69%
Everus Construction GroupECG	SLYG +0.36 points	0.30%	0.66%
Ptc TherapeuticsPTCT	SLYG +0.36 points	0.28%	0.64%
ArchrockAROC	SLYG +0.35 points	0.32%	0.67%
Casella Waste Systems Class ACWST	SLYG +0.35 points	0.33%	0.68%
Axos FinancialAX	SLYG +0.34 points	0.29%	0.63%
Karman Holdings IncKRMN	SLYG +0.34 points	0.28%	0.62%
ImpinjPI	SLYG +0.33 points	0.30%	0.63%
Urban OutfittersURBN	SLYG +0.33 points	0.30%	0.63%
Msg Knickerbockers Class AMSGK	SLYG +0.33 points	0.31%	0.64%
Granite ConstructionGVA	SLYG +0.33 points	0.31%	0.64%
Powell Industries IncPOWL	SLYG +0.32 points	0.26%	0.58%
ArganAGX	SLYG +0.33 points	0.27%	0.60%
Kodiak Gas Services IncKGS	SLYG +0.31 points	0.27%	0.58%
Laureate EducationLAUR	SLYG +0.31 points	0.24%	0.55%
Installed Building ProductsIBP	SLYG +0.30 points	0.28%	0.58%
International SeawaysINSW	SLYG +0.30 points	0.27%	0.57%
Mercury Systems IncMRCY	SLYG +0.30 points	0.25%	0.55%
Enova InternationalENVA	SLYG +0.29 points	0.25%	0.54%
Virtu Financial Inc Class AVIRT	SLYG +0.28 points	0.26%	0.54%
Mirion Technologies Class AMIR	SLYG +0.29 points	0.25%	0.54%
Vse CorpVSEC	SLYG +0.28 points	0.24%	0.52%
CovistaCVSA	SLYG +0.28 points	0.24%	0.52%
Construction Partners Class AROAD	SLYG +0.28 points	0.25%	0.53%
Solaris Energy Infrastructure IncSEI	SLYG +0.27 points	0.27%	0.54%
Clear Secure Class AYOU	SLYG +0.28 points	0.25%	0.53%
Myr Group IncMYRG	SLYG +0.28 points	0.25%	0.53%
Badger MeterBMI	SLYG +0.28 points	0.24%	0.52%
VeracyteVCYT	SLYG +0.27 points	0.23%	0.50%
OpenlaneOPLN	SLYG +0.27 points	0.25%	0.52%
AarAIR	SLYG +0.27 points	0.23%	0.50%
Azz IncAZZ	SLYG +0.27 points	0.23%	0.50%
Primoris ServicesPRIM	SLYG +0.27 points	0.22%	0.49%
PricesmartPSMT	SLYG +0.27 points	0.24%	0.51%
Indivior Pharmaceuticals IncINDV	SLYG +0.26 points	0.24%	0.50%
Clearway Energy Inc Class CCWEN	SLYG +0.26 points	0.22%	0.48%
Life Time Group HoldingsLTH	SLYG +0.25 points	0.49%	0.74%
Pjt Partners Class APJT	SLYG +0.25 points	0.22%	0.47%
Boot Barn HoldingsBOOT	SLYG +0.24 points	0.23%	0.47%
TidewaterTDW	SLYG +0.24 points	0.23%	0.47%
LIFE360LIF	SLYG +0.23 points	0.21%	0.44%
Cavco IndustriesCVCO	SLYG +0.23 points	0.27%	0.50%
Stepstone Group Class ASTEP	SLYG +0.23 points	0.20%	0.43%
Chefs Warehouse IncCHEF	SLYG +0.23 points	0.22%	0.45%
Arcutis BiotherapeuticsARQT	SLYG +0.23 points	0.21%	0.44%
Brady Nonvoting Class ABRC	SLYG +0.22 points	0.21%	0.43%
Dorman ProductsDORM	SLYG +0.23 points	0.21%	0.44%
Dave Class ADAVE	SLYG +0.22 points	0.18%	0.40%
Remitly GlobalRELY	SLYG +0.22 points	0.16%	0.38%
Palomar HoldingsPLMR	SLYG +0.22 points	0.21%	0.43%
Waystar HoldingWAY	SLYG +0.22 points	0.19%	0.41%
Osi SystemsOSIS	SLYG +0.20 points	0.18%	0.38%
LiquidiaLQDA	SLYG +0.21 points	0.19%	0.40%
Nmi HoldingsNMIH	SLYG +0.21 points	0.18%	0.39%
AtricureATRC	SLYG +0.20 points	0.18%	0.38%
Sphere Entertainment Class ASPHR	SLYG +0.19 points	0.17%	0.36%
Terreno Realty ReitTRNO	SLYG +0.19 points	0.41%	0.60%
Digi InternationalDGII	SLYG +0.19 points	0.16%	0.35%
Acm Research Class AACMR	SLYG +0.19 points	0.15%	0.34%
Standex International CorpSXI	SLYG +0.19 points	0.17%	0.36%
SiriuspointSPNT	SLYG +0.19 points	0.13%	0.32%
Curbline PropertiesCURB	SLYG +0.19 points	0.17%	0.36%
Onespaworld Holdings LtdOSW	SLYG +0.19 points	0.17%	0.36%
WisdomtreeWT	SLYG +0.18 points	0.16%	0.34%
Agilysys IncAGYS	SLYG +0.18 points	0.17%	0.35%
Privia Health Group IncPRVA	SLYG +0.17 points	0.16%	0.33%
Shake Shack Inc Class ASHAK	SLYG +0.18 points	0.16%	0.34%
St JoeJOE	SLYG +0.18 points	0.15%	0.33%
National Healthcare CorpNHC	SLYG +0.17 points	0.15%	0.32%
Acadian Asset ManagementAAMI	SLYG +0.17 points	0.15%	0.32%
Mercury GeneralMCY	SLYG +0.16 points	0.16%	0.32%
Centrus Energy Class ALEU	SLYG +0.17 points	0.08%	0.25%
Acadia PharmaceuticalsACAD	SLYG +0.17 points	0.15%	0.32%
Adma BiologicsADMA	SLYG +0.16 points	0.15%	0.31%
The Vita Coco CompanyCOCO	SLYG +0.16 points	0.17%	0.33%
Cal Maine FoodsCALM	SLYG +0.17 points	0.16%	0.33%
AdeiaADEA	SLYG +0.16 points	0.13%	0.29%
RadnetRDNT	SLYG +0.16 points	0.24%	0.40%
Workiva Class AWK	SLYG +0.15 points	0.24%	0.39%
Acushnet Holdings CorpGOLF	SLYG +0.15 points	0.13%	0.28%
Red Rock Resorts Ors Class ARRR	SLYG +0.14 points	0.14%	0.28%
Transmedics GroupTMDX	SLYG +0.15 points	0.13%	0.28%
Outfront MediaOUT	SLYG +0.15 points	0.32%	0.47%

All 641 IJR holdings⁠All 350 SLYG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IJR vs SLYG Cost

Overpaying SLYG vs IJR

$1,867

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IJR 0.06%
$1,270
SLYG 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

IJR 0.06%
SLYG 0.15%
Overpaying

Year by year

Year	IJR	SLYG	Overpaying
10	$110	$274	$164
20	$432	$1,071	$639
30	$1,270	$3,137	$1,867

Expense ratio

0.06%IJR, cheaper
0.15%SLYG

IJR0.06%SLYG0.15%

0.03%0.59%

Middle half of S&P SmallCap 600 funds
Median 0.15%

IJR 2nd cheapest of 13 funds

SLYG 5th cheapest of 13 funds

IJR vs SLYG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IJR 1.22%, better; SLYG 0.71%
Payout (12M): IJR $1.71; SLYG $0.78
Last payment: IJR $0.51; SLYG $0.25
Ex-dividend: IJR Sep 15, 2026; SLYG Sep 21, 2026
Paid on: IJR Sep 18, 2026; SLYG Sep 23, 2026
Frequency: IJR Quarterly; SLYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJRQuarterly · 39 paymentsAll IJR payments⁠

SLYGQuarterly · 39 paymentsAll SLYG payments⁠

IJR vs SLYG Risk

Fall from peak · 5 years

IJR
SLYG

Risk facts

VolatilityStd dev, 3 years: IJR 18.7%, betterSLYG 19.0%
Return per unit of riskSharpe ratio, 3 years: IJR 0.75, betterSLYG 0.71
Worst fallMax drawdown, 5 years: IJR −28.0%, betterSLYG −29.2%
Market sensitivityBeta, 5 years: IJR 1.04SLYG 1.06; Market = 1

IJR and SLYG in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026IJR
Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Updated Oct 2, 2026IJR
News
Independence Realty to take Centerspace in 3.800-share all-stock merger
Sep 9, 2026IJR

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IJR vs SLYG

In short

Stated mandate

Why people hold it