IJR vs SLYV: Grades, Fees and Holdings Compared

iShares Core S&P Small-Cap ETF

IJRANYSE Arca

State Street SPDR S&P 600 Small Cap Value ETF

SLYVBNYSE Arca

Overlap

65.7%by weight

Expense ratio

IJR −0.09pt a year

IJR0.06%SLYV0.15%

Avg volume · 30D

IJR 15.8×the volume

IJR3.24MSLYV205K

10Y return · a year

IJR +0.5pt

IJR+10.6%SLYV+10.1%

IJR vs SLYV Performance

Oct 29, 2021 – Oct 30, 2026

+34.3%IJR+39.8%SLYV

Expense ratio: IJR 0.06%, better; SLYV 0.15%
Fund size: IJR $106B; SLYV $5.04B
1Y total return: IJR +20.6%; SLYV +22.4%, better
Yield (12M): IJR 1.22%; SLYV 1.93%, better
Holdings: IJR 609; SLYV 466
Avg volume (30D): IJR 3.24M sh, better; SLYV 205K sh
NAV per share: IJR $140.29; SLYV $106.81
52W range

ETF.net Grade

Pillar letters and Scores for IJR, SLYV, with each pillar’s weight
Pillar	IJR	SLYV
Cost30% weight	A90Higher	B58
Mission25% weight	A83Higher	A70
Risk15% weight	C53Higher	C50
Tradability15% weight	A76Higher	A74
Holdings10% weight	A85Higher	B67
Durability5% weight	A82Higher	B66

Rank among S&P SmallCap 600 funds

How we build Categories ›

Same Category. IJR and SLYV 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 SLYV 6th 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 6BIJTiShares S&P Small-Cap 600 Growth ETFScore 63
Rank 6BSLYVState Street SPDR S&P 600 Small Cap Value ETFScore 63
Rank 8BQVMSInvesco S&P SmallCap 600 QVM Multi-factor ETFScore 61

Our read on each fund

ETF.net Research

IJRAiShares Core S&P Small-Cap ETF

SLYVBState Street SPDR S&P 600 Small Cap Value 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.

SLYV Small-cap value with a profitability gate. The S&P 600 only admits companies with positive earnings, so SLYV shops for cheap stocks inside an already-profitable pool. On the market since 2000, at 0.15% a year.

Stated mandate

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

SLYV The fund seeks investment results corresponding generally to the total return performance of the S&P SmallCap 600 Value Index, before fees and expenses.

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.

SLYV The S&P 600 admits only companies with positive as-reported earnings, most recent quarter and trailing four quarters. The value screen runs on top of that filter, not on a pile of cash-burners.spglobal.com spglobal.com 2
0.15% a year, under the 0.18% typical for funds tracking S&P 600 slices and less than half the 0.35% RZV charges against the same declared index.
Trading since 2000 and spreading across roughly 500 names, it is an old hand in small-cap value rather than a recent factor launch, and it sits in the upper half of its peer group.

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

SLYV You pay for the tilt. Plain-vanilla S&P 600 core funds are cheaper (SPSM at 0.03%, IJR at 0.06%) if the whole small-cap index is what you are after.
One country, one size band, one style. US small-cap value is a slice with real swings, not a diversified core.
Volume is moderate next to the core S&P 600 giants, which can show up in spreads on larger orders. Distributions land quarterly.

Full IJR profile⁠

Full SLYV profile⁠

IJR vs SLYV Holdings

How IJR and SLYV differ

Overlap by weight

65.7%

Shared holdings make up 99.8% of SLYV and 71.3% of IJR.

Level by level

Holdings462 in both65.7%
Sector11 Sectors91.5%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in IJR and SLYV, widest gap first
Sector	More in IJRMore in SLYV	IJR	SLYV
Health Care	IJR +4.4 points	11.3%	6.9%
Industrials	IJR +2.6 points	17.3%	14.7%
Financials	SLYV +2.2 points	18.4%	20.6%
Technology	IJR +1.6 points	12.8%	11.2%
Consumer Discretionary	SLYV +1.4 points	13.5%	14.9%
Consumer Staples	SLYV +1.4 points	3.9%	5.3%
Energy	SLYV +1.3 points	6.6%	7.9%
Materials	SLYV +1.3 points	4.2%	5.5%
Communication	SLYV +0.8 points	3.4%	4.2%
Utilities	SLYV +0.1 points	2.0%	2.1%
Real Estate	SLYV +0.1 points	6.6%	6.7%

Country, concentration and asset class

Country by domicile

Country weights in IJR and SLYV, widest gap first
Country	More in IJRMore in SLYV	IJR	SLYV
United States	IJR +0.1 points	99.9%	99.8%
Singapore	SLYV +0.1 points	0.1%	0.2%
Hong Kong	SLYV +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

IJR6.3%
SLYV8.9%

Securities held

IJR603
SLYV464

Asset class

IJR: Equity
SLYV: Equity

Holdings

Only in IJR141
In both462
Only in SLYV2

Only in IJR

141 securities, 27.4% of IJR by weight

Viasat Inc0.60%
Protagonist Therapeutics0.53%
Ryman Hospitality Properties Reit0.52%
Tg Therapeutics0.49%
Alkermes0.43%
Etsy0.43%
Armstrong World Industries0.40%
Federal Signal Corp0.39%
Zurn Elkay Water Solutions Corp0.38%
Ligand Pharmaceuticals0.37%
Esco Technologies0.35%
Lyft Class A0.35%
Frontdoor Inc0.34%
Casella Waste Systems Class A0.33%
Enpro0.33%
Stonex Group Inc0.33%
Jbt Marel0.32%
Archrock0.32%
Granite Construction0.31%
Msg Knickerbockers Class A0.31%
Everus Construction Group0.30%
Impinj0.30%
Urban Outfitters0.30%
Axos Financial0.29%
Sensient Technologies0.28%
Ptc Therapeutics0.28%
Karman Holdings Inc0.28%
Installed Building Products0.28%
Argan0.27%
Cavco Industries0.27%
Kodiak Gas Services Inc0.27%
International Seaways0.27%
Solaris Energy Infrastructure Inc0.27%
Virtu Financial Inc Class A0.26%
Powell Industries Inc0.26%
Mirion Technologies Class A0.25%
Clear Secure Class A0.25%
Myr Group Inc0.25%
Openlane0.25%
Enova International0.25%
Mercury Systems Inc0.25%
Construction Partners Class A0.25%
Badger Meter0.24%
Pricesmart0.24%
Covista0.24%
Laureate Education0.24%
Indivior Pharmaceuticals Inc0.24%
Vse Corp0.24%
Azz Inc0.23%
Veracyte0.23%

Only in SLYV

2 securities, 0.1% of SLYV by weight

F+g Annuities & Life Inc0.08%
Arcosa Inc<0.01%

Weight gaps

The 100 widest of 462 Holdings in both funds.

Holding weights in IJR and SLYV, widest gap first
Holding	More in IJRMore in SLYV	IJR	SLYV
Match Group IncMTCH	SLYV +0.51 points	0.54%	1.05%
Paycom SoftwarePAYC	SLYV +0.50 points	0.58%	1.08%
Sm EnergySM	SLYV +0.46 points	0.55%	1.01%
Lincoln National CorpLNC	SLYV +0.43 points	0.33%	0.76%
Jackson Financial Class AJXN	SLYV +0.43 points	0.48%	0.91%
Eastern Bankshares IncEBC	SLYV +0.41 points	0.10%	0.51%
Carmax IncKMX	SLYV +0.41 points	0.45%	0.86%
Victoria’s SecretVSXY	SLYV +0.40 points	0.44%	0.84%
Eastman ChemicalEMN	SLYV +0.40 points	0.43%	0.83%
PoolPOOL	SLYV +0.36 points	0.43%	0.79%
Lamb Weston HoldingsLW	SLYV +0.36 points	0.42%	0.78%
Matson IncMATX	SLYV +0.35 points	0.38%	0.73%
Epam SystemsEPAM	SLYV +0.33 points	0.41%	0.74%
Builders Firstsource IncBLDR	SLYV +0.33 points	0.40%	0.73%
Conagra BrandsCAG	SLYV +0.32 points	0.40%	0.72%
GlaukosGKOS	IJR +0.33 points	0.80%	0.47%
Magnolia Oil Gas Corp Class AMGY	SLYV +0.30 points	0.36%	0.66%
Molson Coors Brewing Class BTAP	SLYV +0.31 points	0.36%	0.67%
TeleflexTFX	SLYV +0.30 points	0.34%	0.64%
Mohawk IndustriesMHK	SLYV +0.31 points	0.40%	0.71%
Trade Desk Class ATTD	SLYV +0.30 points	0.30%	0.60%
Caesars Entertainment IncCZR	SLYV +0.30 points	0.34%	0.64%
Atlantic Union BanksharesAUB	SLYV +0.29 points	0.32%	0.61%
Bread Financial HoldingsBFH	SLYV +0.28 points	0.15%	0.43%
Insight Enterprises IncNSIT	SLYV +0.27 points	0.29%	0.56%
Rithm CapitalRITM	SLYV +0.26 points	0.30%	0.56%
Celanese CorpCE	SLYV +0.24 points	0.29%	0.53%
Signet JewelersSIG	SLYV +0.24 points	0.26%	0.50%
Fulton FinancialFULT	SLYV +0.24 points	0.25%	0.49%
United Community Banks IncUCB	SLYV +0.23 points	0.25%	0.48%
Rxo IncRXO	SLYV +0.23 points	0.26%	0.49%
Patterson Uti Energy IncPTEN	SLYV +0.23 points	0.29%	0.52%
Vishay IntertechnologyVSH	SLYV +0.24 points	0.21%	0.45%
Life Time Group HoldingsLTH	IJR +0.23 points	0.49%	0.26%
Kulicke and Soffa Industries IncKLIC	SLYV +0.23 points	0.22%	0.45%
Lkq CorpLKQ	SLYV +0.22 points	0.27%	0.49%
Cathay General BancorpCATY	SLYV +0.23 points	0.24%	0.47%
DiodesDIOD	SLYV +0.22 points	0.21%	0.43%
California ResourcesCRC	SLYV +0.22 points	0.26%	0.48%
Crescent Energy Class ACRGY	SLYV +0.22 points	0.27%	0.48%
Integer Holdings CorpITGR	SLYV +0.21 points	0.25%	0.46%
Core Natural ResourcesCNR	SLYV +0.21 points	0.25%	0.46%
Versant Media Group Inc Class AVSNT	SLYV +0.21 points	0.25%	0.46%
Robert HalfRHI	SLYV +0.21 points	0.25%	0.46%
Meritage CorpMTH	SLYV +0.21 points	0.24%	0.45%
Delek Us Holdings IncDK	SLYV +0.21 points	0.26%	0.47%
Apple Hospitality Reit IncAPLE	SLYV +0.21 points	0.23%	0.44%
Mdu Resources GroupMDU	SLYV +0.20 points	0.24%	0.44%
Rush Enterprises Class ARUSHA	SLYV +0.21 points	0.22%	0.43%
Campbell SoupCPB	SLYV +0.19 points	0.24%	0.43%
Korn FerryKFY	SLYV +0.20 points	0.22%	0.42%
Cvb Financial CorpCVBF	SLYV +0.20 points	0.21%	0.41%
Academy Sports and OutdoorsASO	SLYV +0.19 points	0.21%	0.40%
WesbancoWSBC	SLYV +0.19 points	0.21%	0.40%
Renasant CorpRNST	SLYV +0.18 points	0.21%	0.39%
Geo GroupGEO	SLYV +0.18 points	0.21%	0.39%
Sl Green Realty Reit CorpSLG	SLYV +0.19 points	0.20%	0.39%
OrganonOGN	SLYV +0.18 points	0.21%	0.39%
Asbury Automotive Group IncABG	SLYV +0.18 points	0.20%	0.38%
Terreno Realty ReitTRNO	IJR +0.18 points	0.41%	0.23%
Genworth Financial IncGNW	SLYV +0.17 points	0.19%	0.36%
First Financial BancorpFFBC	SLYV +0.18 points	0.19%	0.37%
Enphase EnergyENPH	SLYV +0.18 points	0.19%	0.37%
Amentum HoldingsAMTM	SLYV +0.17 points	0.19%	0.36%
Stride IncLRN	SLYV +0.17 points	0.18%	0.35%
Simmons First National Class ASFNC	SLYV +0.17 points	0.19%	0.36%
HniHNI	SLYV +0.17 points	0.20%	0.37%
Highwoods Properties ReitHIW	SLYV +0.17 points	0.19%	0.36%
Telephone and Data SystemsTDS	SLYV +0.16 points	0.19%	0.35%
M I Homes IncMHO	SLYV +0.17 points	0.18%	0.35%
Banc of CaliforniaBANC	SLYV +0.16 points	0.15%	0.31%
Abm Industries IncABM	SLYV +0.16 points	0.18%	0.34%
Marriott Vacations WorldwideVAC	SLYV +0.16 points	0.18%	0.34%
First HawaiianFHB	SLYV +0.16 points	0.17%	0.33%
First Interstate BancsystemFIBK	SLYV +0.15 points	0.18%	0.33%
Provident Financial Services IncPFS	SLYV +0.15 points	0.17%	0.32%
Versigent PLCVGNT	SLYV +0.15 points	0.17%	0.32%
Corecivic ReitCXW	SLYV +0.16 points	0.17%	0.33%
DnowDNOW	SLYV +0.15 points	0.17%	0.32%
Power IntegrationsPOWI	SLYV +0.15 points	0.14%	0.29%
Group Automotive IncGPI	SLYV +0.15 points	0.17%	0.33%
Cushman and Wakefield LtdCWK	SLYV +0.15 points	0.18%	0.33%
Liberty Energy Class ALBRT	SLYV +0.14 points	0.16%	0.30%
Northern Oil and GasNOG	SLYV +0.15 points	0.17%	0.32%
Workiva Class AWK	IJR +0.14 points	0.24%	0.10%
Kohls CorpKSS	SLYV +0.14 points	0.16%	0.30%
ArcbestARCB	SLYV +0.14 points	0.16%	0.30%
Bank of HawaiiBOH	SLYV +0.14 points	0.16%	0.30%
United Natural Foods IncUNFI	SLYV +0.14 points	0.16%	0.30%
Advance Auto Parts IncAAP	SLYV +0.13 points	0.15%	0.29%
Nbt BancorpNBTB	SLYV +0.14 points	0.15%	0.29%
NeogenNEOG	SLYV +0.14 points	0.15%	0.29%
Benchmark Electronics IncBHE	SLYV +0.14 points	0.14%	0.28%
Ultra Clean Holdings IncUCTT	SLYV +0.13 points	0.13%	0.26%
Peabody Energy CorpBTU	SLYV +0.14 points	0.15%	0.29%
Acadia Healthcare CompanyACHC	SLYV +0.13 points	0.16%	0.29%
Boise CascadeBCC	SLYV +0.13 points	0.16%	0.29%
Hb FullerFUL	SLYV +0.14 points	0.15%	0.29%
CohuCOHU	SLYV +0.13 points	0.14%	0.27%
Acadia Realty Trust ReitAKR	SLYV +0.13 points	0.15%	0.28%

All 641 IJR holdings⁠All 464 SLYV 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 SLYV Cost

Overpaying SLYV vs IJR

$1,867

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

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

Amount$10,000

Years30 years

Cost over time

IJR 0.06%
SLYV 0.15%
Overpaying

Year by year

Year	IJR	SLYV	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%SLYV

IJR0.06%SLYV0.15%

0.03%0.59%

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

IJR 2nd cheapest of 13 funds

SLYV 5th cheapest of 13 funds

IJR vs SLYV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IJR 1.22%; SLYV 1.93%, better
Payout (12M): IJR $1.71; SLYV $2.05
Last payment: IJR $0.51; SLYV $0.53
Ex-dividend: IJR Sep 15, 2026; SLYV Sep 21, 2026
Paid on: IJR Sep 18, 2026; SLYV Sep 23, 2026
Frequency: IJR Quarterly; SLYV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJRQuarterly · 39 paymentsAll IJR payments⁠

SLYVQuarterly · 39 paymentsAll SLYV payments⁠

IJR vs SLYV Risk

Fall from peak · 5 years

IJR
SLYV

Risk facts

VolatilityStd dev, 3 years: IJR 18.7%, betterSLYV 19.0%
Return per unit of riskSharpe ratio, 3 years: IJR 0.75SLYV 0.76, better
Worst fallMax drawdown, 5 years: IJR −28.0%, betterSLYV −28.7%
Market sensitivityBeta, 5 years: IJR 1.04SLYV 1.03; Market = 1

IJR and SLYV 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 SLYV

In short

Stated mandate

Why people hold it