IJR vs VIOG: Grades, Fees and Holdings Compared

iShares Core S&P Small-Cap ETF

IJRANYSE Arca

Vanguard S&P Small-Cap 600 Growth ETF

VIOGBNYSE Arca

Overlap

60.1%by weight

Expense ratio

IJR −0.04pt a year

IJR0.06%VIOG0.10%

Avg volume · 30D

IJR 85.6×the volume

IJR3.24MVIOG37.8K

10Y return · a year

VIOG +0.2pt

IJR+10.6%VIOG+10.8%

IJR vs VIOG Performance

Oct 29, 2021 – Oct 30, 2026

+34.3%IJR+27.6%VIOG

Expense ratio: IJR 0.06%, better; VIOG 0.10%
Fund size: IJR $106B; VIOG $1B
1Y total return: IJR +20.6%, better; VIOG +18.9%
Yield (12M): IJR 1.22%, better; VIOG 0.77%
Holdings: IJR 609; VIOG 354
Avg volume (30D): IJR 3.24M sh, better; VIOG 37.8K sh
NAV per share: IJR $140.29; VIOG $141.35
52W range

ETF.net Grade

Pillar letters and Scores for IJR, VIOG, with each pillar’s weight
Pillar	IJR	VIOG
Cost30% weight	A90Higher	A74
Mission25% weight	A83	A100Higher
Risk15% weight	C53Higher	C48
Tradability15% weight	A76Higher	D27
Holdings10% weight	A85Higher	C53
Durability5% weight	A82Higher	B57

Rank among S&P SmallCap 600 funds

How we build Categories ›

Same Category. IJR and VIOG 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 VIOG 4th 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

Our read on each fund

ETF.net Research

IJRAiShares Core S&P Small-Cap ETF

VIOGBVanguard S&P Small-Cap 600 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.

VIOG Vanguard's growth slice of the S&P SmallCap 600, running since 2010 at 0.10% a year. Only one other ETF tracks the same index, and it charges more.

Stated mandate

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

VIOG The fund seeks to track the performance of the S&P SmallCap 600 Growth Index, which represents small U.S. growth companies.

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.

VIOG At 0.10%, it undercuts the only other fund on the same index (SLYG at 0.15%) and lands well under its peer group's 0.18% median fee.
One published index, one style slice, no manager discretion. It follows the S&P SmallCap 600 Growth Index closely and stands in the upper half of its S&P 600 peer group.
Live since 2010, with a record across several market cycles, and it spreads across roughly 300 small-cap growth names instead of a short list.
A multi-billion-dollar fund from Vanguard, and it pays out quarterly.

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

VIOG Thinly traded next to the S&P 600's core giants, so the bid-ask spread is a bigger slice of your real cost than the expense ratio suggests.
Style slicing carries a surcharge: whole-index cousins like SPSM (0.03%) and VIOO (0.07%) cost less than owning just the growth half.
Narrow by design. The growth half of a small-cap index moves more sharply than a broad US stock fund.

Full IJR profile⁠

Full VIOG profile⁠

IJR vs VIOG Holdings

How IJR and VIOG differ

Overlap by weight

60.1%

Shared holdings make up 96.2% of VIOG and 61.4% of IJR.

Level by level

Holdings342 in both60.1%
Sector11 Sectors88.8%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in IJR and VIOG, widest gap first
Sector	More in IJRMore in VIOG	IJR	VIOG
Technology	VIOG +5.7 points	12.8%	18.5%
Health Care	VIOG +4.2 points	11.3%	15.5%
Financials	IJR +4.1 points	18.4%	14.3%
Consumer Discretionary	IJR +3.3 points	13.5%	10.2%
Energy	IJR +1.4 points	6.6%	5.2%
Materials	IJR +1.0 points	4.2%	3.2%
Industrials	VIOG +1.0 points	17.3%	18.3%
Communication	IJR +0.6 points	3.4%	2.8%
Utilities	IJR +0.4 points	2.0%	1.6%
Consumer Staples	IJR +0.4 points	3.9%	3.5%
Real Estate	VIOG +0.3 points	6.6%	6.9%

Country, concentration and asset class

Country by domicile

Country weights in IJR and VIOG, widest gap first
Country	More in IJRMore in VIOG	IJR	VIOG
United States	VIOG +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%
VIOG9.9%

Securities held

IJR603
VIOG350

Asset class

IJR: Equity
VIOG: Equity

Holdings

Only in IJR261
In both342
Only in VIOG8

Only in IJR

261 securities, 37.3% 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%
Msg Knickerbockers Class A0.31%
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%
Workiva Class A0.24%
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%

Only in VIOG

8 securities, 3.8% of VIOG by weight

FormFactor Inc1.42%
Madison Square Garden Sports Corp0.85%
Qorvo Inc0.72%
Arcosa Inc0.56%
SLCMT11420.14%
BioLife Solutions Inc0.10%
Omniab Inc - 15 Earnout0.00%
Omniab Inc - 12.5 Earnout0.00%

Weight gaps

The 100 widest of 342 Holdings in both funds.

Holding weights in IJR and VIOG, widest gap first
Holding	More in IJRMore in VIOG	IJR	VIOG
Viasat IncVSAT	VIOG +0.58 points	0.60%	1.18%
Protagonist TherapeuticsPTGX	VIOG +0.58 points	0.53%	1.11%
Stonex Group IncSNEX	VIOG +0.52 points	0.33%	0.85%
Esco TechnologiesESE	VIOG +0.49 points	0.35%	0.84%
Ryman Hospitality Properties ReitRHP	VIOG +0.47 points	0.52%	0.99%
Tg TherapeuticsTGTX	VIOG +0.47 points	0.49%	0.96%
EnproNPO	VIOG +0.46 points	0.33%	0.79%
Zurn Elkay Water Solutions CorpZWS	VIOG +0.46 points	0.38%	0.84%
Armstrong World IndustriesAWI	VIOG +0.43 points	0.40%	0.83%
Everus Construction GroupECG	VIOG +0.43 points	0.30%	0.73%
Federal Signal CorpFSS	VIOG +0.43 points	0.39%	0.82%
Acm Research Class AACMR	VIOG +0.43 points	0.15%	0.58%
AlkermesALKS	VIOG +0.40 points	0.43%	0.83%
Sensient TechnologiesSXT	VIOG +0.40 points	0.28%	0.68%
Ligand PharmaceuticalsLGND	VIOG +0.39 points	0.37%	0.76%
Powell Industries IncPOWL	VIOG +0.39 points	0.26%	0.65%
Kodiak Gas Services IncKGS	VIOG +0.38 points	0.27%	0.65%
Ptc TherapeuticsPTCT	VIOG +0.38 points	0.28%	0.66%
ArganAGX	VIOG +0.38 points	0.27%	0.65%
Laureate EducationLAUR	VIOG +0.35 points	0.24%	0.59%
Jbt MarelJBTM	VIOG +0.35 points	0.32%	0.67%
Lyft Class ALYFT	VIOG +0.34 points	0.35%	0.69%
ImpinjPI	VIOG +0.33 points	0.30%	0.63%
ArchrockAROC	VIOG +0.33 points	0.32%	0.65%
Vse CorpVSEC	VIOG +0.32 points	0.24%	0.56%
Mercury Systems IncMRCY	VIOG +0.31 points	0.25%	0.56%
EtsyETSY	VIOG +0.31 points	0.43%	0.74%
Axos FinancialAX	VIOG +0.31 points	0.29%	0.60%
Granite ConstructionGVA	VIOG +0.31 points	0.31%	0.62%
Virtu Financial Inc Class AVIRT	VIOG +0.30 points	0.26%	0.56%
Solaris Energy Infrastructure IncSEI	VIOG +0.30 points	0.27%	0.57%
Myr Group IncMYRG	VIOG +0.30 points	0.25%	0.55%
International SeawaysINSW	VIOG +0.29 points	0.27%	0.56%
Chefs Warehouse IncCHEF	VIOG +0.29 points	0.22%	0.51%
PricesmartPSMT	VIOG +0.29 points	0.24%	0.53%
Construction Partners Class AROAD	VIOG +0.28 points	0.25%	0.53%
Casella Waste Systems Class ACWST	VIOG +0.28 points	0.33%	0.61%
Indivior Pharmaceuticals IncINDV	VIOG +0.28 points	0.24%	0.52%
Sphere Entertainment Class ASPHR	VIOG +0.27 points	0.17%	0.44%
Frontdoor IncFTDR	VIOG +0.27 points	0.34%	0.61%
Primoris ServicesPRIM	VIOG +0.27 points	0.22%	0.49%
CovistaCVSA	VIOG +0.27 points	0.24%	0.51%
AarAIR	VIOG +0.26 points	0.23%	0.49%
Azz IncAZZ	VIOG +0.26 points	0.23%	0.49%
Enova InternationalENVA	VIOG +0.26 points	0.25%	0.51%
Installed Building ProductsIBP	VIOG +0.25 points	0.28%	0.53%
Cavco IndustriesCVCO	VIOG +0.25 points	0.27%	0.52%
Centrus Energy Class ALEU	VIOG +0.25 points	0.08%	0.33%
Clear Secure Class AYOU	VIOG +0.24 points	0.25%	0.49%
Brady Nonvoting Class ABRC	VIOG +0.23 points	0.21%	0.44%
WisdomtreeWT	VIOG +0.23 points	0.16%	0.39%
Urban OutfittersURBN	VIOG +0.23 points	0.30%	0.53%
Standex International CorpSXI	VIOG +0.23 points	0.17%	0.40%
Stepstone Group Class ASTEP	VIOG +0.23 points	0.20%	0.43%
TidewaterTDW	VIOG +0.23 points	0.23%	0.46%
Pjt Partners Class APJT	VIOG +0.22 points	0.22%	0.44%
Transmedics GroupTMDX	VIOG +0.22 points	0.13%	0.35%
VeracyteVCYT	VIOG +0.22 points	0.23%	0.45%
OpenlaneOPLN	VIOG +0.22 points	0.25%	0.47%
Boot Barn HoldingsBOOT	VIOG +0.21 points	0.23%	0.44%
AdeiaADEA	VIOG +0.21 points	0.13%	0.34%
Dave Class ADAVE	VIOG +0.21 points	0.18%	0.39%
Clearway Energy Inc Class CCWEN	VIOG +0.21 points	0.22%	0.43%
Rush Street Interactive Class ARSI	VIOG +0.21 points	0.08%	0.29%
Karman Holdings IncKRMN	VIOG +0.21 points	0.28%	0.49%
Cal Maine FoodsCALM	VIOG +0.21 points	0.16%	0.37%
Dorman ProductsDORM	VIOG +0.20 points	0.21%	0.41%
Digi InternationalDGII	VIOG +0.19 points	0.16%	0.35%
LIFE360LIF	VIOG +0.19 points	0.21%	0.40%
Terreno Realty ReitTRNO	VIOG +0.19 points	0.41%	0.60%
Badger MeterBMI	VIOG +0.20 points	0.24%	0.44%
Osi SystemsOSIS	VIOG +0.19 points	0.18%	0.37%
National Healthcare CorpNHC	VIOG +0.19 points	0.15%	0.34%
Curbline PropertiesCURB	VIOG +0.19 points	0.17%	0.36%
Palomar HoldingsPLMR	VIOG +0.19 points	0.21%	0.40%
Proto LabsPRLB	VIOG +0.19 points	0.09%	0.28%
The Vita Coco CompanyCOCO	VIOG +0.18 points	0.17%	0.35%
Waystar HoldingWAY	VIOG +0.18 points	0.19%	0.37%
Acadian Asset ManagementAAMI	VIOG +0.18 points	0.15%	0.33%
Remitly GlobalRELY	VIOG +0.18 points	0.16%	0.34%
Life Time Group HoldingsLTH	VIOG +0.17 points	0.49%	0.66%
SiriuspointSPNT	VIOG +0.17 points	0.13%	0.30%
AtricureATRC	VIOG +0.17 points	0.18%	0.35%
Adt IncADT	IJR +0.17 points	0.30%	0.13%
Acadia PharmaceuticalsACAD	VIOG +0.17 points	0.15%	0.32%
Mercury GeneralMCY	VIOG +0.16 points	0.16%	0.32%
Mirion Technologies Class AMIR	VIOG +0.17 points	0.25%	0.42%
Arcutis BiotherapeuticsARQT	VIOG +0.16 points	0.21%	0.37%
Nmi HoldingsNMIH	VIOG +0.16 points	0.18%	0.34%
Red Rock Resorts Ors Class ARRR	VIOG +0.15 points	0.14%	0.29%
Dxp EnterprisesDXPE	VIOG +0.15 points	0.13%	0.28%
Ufp Technologies IncUFPT	VIOG +0.15 points	0.13%	0.28%
St JoeJOE	VIOG +0.16 points	0.15%	0.31%
Privia Health Group IncPRVA	VIOG +0.15 points	0.16%	0.31%
Pdf SolutionsPDFS	VIOG +0.14 points	0.09%	0.23%
Liveramp Holdings IncRAMP	VIOG +0.15 points	0.13%	0.28%
Acushnet Holdings CorpGOLF	VIOG +0.15 points	0.13%	0.28%
Axcelis TechnologiesACLS	VIOG +0.14 points	0.18%	0.32%
Armour Residential ReitARR	VIOG +0.14 points	0.10%	0.24%
RadnetRDNT	VIOG +0.14 points	0.24%	0.38%

All 641 IJR holdings⁠All 341 VIOG 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 VIOG Cost

Overpaying VIOG vs IJR

$836

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

IJR 0.06%
$1,270
VIOG 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

IJR 0.06%
VIOG 0.10%
Overpaying

Year by year

Year	IJR	VIOG	Overpaying
10	$110	$183	$73
20	$432	$717	$285
30	$1,270	$2,106	$836

Expense ratio

0.06%IJR, cheaper
0.10%VIOG

IJR0.06%VIOG0.10%

0.03%0.59%

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

IJR 2nd cheapest of 13 funds

VIOG 4th cheapest of 13 funds

IJR vs VIOG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IJR 1.22%, better; VIOG 0.77%
Payout (12M): IJR $1.71; VIOG $1.09
Last payment: IJR $0.51; VIOG $0.26
Ex-dividend: IJR Sep 15, 2026; VIOG Sep 28, 2026
Paid on: IJR Sep 18, 2026; VIOG Sep 30, 2026
Frequency: IJR Quarterly; VIOG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJRQuarterly · 39 paymentsAll IJR payments⁠

VIOGQuarterly · 39 paymentsAll VIOG payments⁠

IJR vs VIOG Risk

Fall from peak · 5 years

IJR
VIOG

Risk facts

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

IJR and VIOG 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 VIOG

In short

Stated mandate

Why people hold it