IJS vs VIOO: Grades, Fees and Holdings Compared

iShares S&P Small-Cap 600 Value ETF

IJSBNYSE Arca

Vanguard S&P Small-Cap 600 ETF

VIOOANYSE Arca

Overlap

64.2%by weight

Expense ratio

VIOO −0.11pt a year

IJS0.18%VIOO0.07%

Avg volume · 30D

IJS 3.0×the volume

IJS249KVIOO82.7K

10Y return · a year

VIOO +0.6pt

IJS+10.0%VIOO+10.6%

IJS vs VIOO Performance

Oct 29, 2021 – Oct 30, 2026

+39.1%IJS+34.5%VIOO

Expense ratio: IJS 0.18%; VIOO 0.07%, better
Fund size: IJS $7.71B; VIOO $6.1B
1Y total return: IJS +22.3%, better; VIOO +20.8%
Yield (12M): IJS 1.39%, better; VIOO 1.15%
Holdings: IJS 469; VIOO 610
Avg volume (30D): IJS 249K sh, better; VIOO 82.7K sh
NAV per share: IJS $132.85; VIOO $130.53
52W range

ETF.net Grade

Pillar letters and Scores for IJS, VIOO, with each pillar’s weight
Pillar	IJS	VIOO
Cost30% weight	D39	A82Higher
Mission25% weight	A70	A83Higher
Risk15% weight	C50	C53Higher
Tradability15% weight	A71Higher	D31
Holdings10% weight	B66	A86Higher
Durability5% weight	A77Higher	A74

Rank among S&P SmallCap 600 funds

How we build Categories ›

Same Category. IJS and VIOO 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 ›

VIOO ranks 3rd and IJS 9th 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 8BQVMSInvesco S&P SmallCap 600 QVM Multi-factor ETFScore 61
Rank 9BIJSiShares S&P Small-Cap 600 Value ETFScore 57
Rank 10CRZGInvesco S&P SmallCap 600 Revenue ETFScore 46

Our read on each fund

ETF.net Research

IJSBiShares S&P Small-Cap 600 Value ETF

VIOOAVanguard S&P Small-Cap 600 ETF

In short

IJS A rules-based way to own the unglamorous end of the US market. IJS has tracked the value slice of the S&P SmallCap 600 since 2000, holding roughly 500 small companies chosen by screen rather than hunch.

VIOO Vanguard's version of the S&P SmallCap 600: it owns all of the index's roughly 600 names at index weight, no sampling shortcuts, for 0.07% a year. That is well under half the typical fee among S&P 600 index funds, and it has been running since 2010.

Stated mandate

IJS The fund seeks to track an index of U.S. small-capitalization equities exhibiting value characteristics.

VIOO The fund is a passively managed, full-replication ETF designed to follow the S&P SmallCap 600 Index, which represents small U.S. companies. It holds the index constituents in the same capitalization weights.

Why people hold it

IJS Launched in 2000, it is one of the longest-running small-cap value index funds around, and it now carries multi-billion-dollar scale.
The mandate is written down, not improvised: follow the S&P SmallCap 600 Value Index, roughly 500 names, with no manager picking favorites.
It stays close to the index it advertises and pays distributions on a quarterly schedule.

VIOO Charges 0.07% a year against a peer-group median near 0.18% for funds built on the same small-cap index.
Full replication, not sampling: it holds about 600 index constituents at their index weights, and it tracks the S&P SmallCap 600 very closely.
Trading since 2010 and now a multi-billion-dollar fund, it ranks among the stronger implementations in its S&P 600 peer group.

Worth knowing

IJS The 0.18% fee sits right at the middle of the S&P 600 pack, and same-segment wrappers such as SLYV carry a lower stated expense ratio.
Two filters stack here: US small caps only, then a value screen on top. That is a narrower slice of the market than a plain S&P 600 blend fund.
Trading is moderate rather than among the busiest in its category, so bid-ask spreads carry more weight on large or rushed orders.

VIOO Two rivals on the identical index undercut it: SPSM at 0.03% and IJR at 0.06%. Thin gaps, but gaps that compound.
Moderately traded rather than the volume leader of the trio, so spreads carry more weight on big or rushed orders.
This is undiluted small-cap equity. The mandate is to mirror that index, bumps included, not to smooth it out.

Full IJS profile⁠

Full VIOO profile⁠

IJS vs VIOO Holdings

How IJS and VIOO differ

Overlap by weight

64.2%

Shared holdings make up 98.3% of IJS and 70.3% of VIOO.

Level by level

Holdings458 in both64.2%
Sector11 Sectors89.8%
Asset classEquity100%
Countryby domicile99.8%

Sector

Sector weights in IJS and VIOO, widest gap first
Sector	More in IJSMore in VIOO	IJS	VIOO
Technology	VIOO +5.0 points	11.0%	16.0%
Health Care	VIOO +4.0 points	6.9%	10.9%
Financials	IJS +3.6 points	20.7%	17.1%
Consumer Discretionary	IJS +2.8 points	15.2%	12.4%
Energy	IJS +1.5 points	7.8%	6.3%
Materials	IJS +0.8 points	5.4%	4.6%
Industrials	VIOO +0.8 points	14.8%	15.6%
Consumer Staples	IJS +0.6 points	5.2%	4.6%
Communication	IJS +0.6 points	4.1%	3.5%
Real Estate	VIOO +0.5 points	6.8%	7.3%
Utilities	IJS +0.4 points	2.1%	1.7%

Country, concentration and asset class

Country by domicile

Country weights in IJS and VIOO, widest gap first
Country	More in IJSMore in VIOO	IJS	VIOO
United States	VIOO +0.2 points	99.8%	100.0%
Singapore	IJS +0.2 points	0.2%	0.0%
Hong Kong	IJS +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

IJS9.0%
VIOO5.3%

Securities held

IJS463
VIOO604

Asset class

IJS: Equity
VIOO: Equity

Holdings

Only in IJS5
In both458
Only in VIOO146

Only in IJS

5 securities, 0.7% of IJS by weight

Olin Corp0.22%
Howard Hughes Holdings Inc0.20%
Workiva Class A0.10%
Freshworks Class A0.10%
Avepoint Class A0.09%

Only in VIOO

146 securities, 29.5% of VIOO by weight

FormFactor Inc0.68%
Viasat Inc0.56%
Qorvo Inc0.54%
Protagonist Therapeutics Inc0.53%
Ryman Hospitality Properties Inc0.47%
TG Therapeutics Inc0.46%
SLCMT11420.43%
Arcosa Inc0.42%
StoneX Group Inc0.41%
Madison Square Garden Sports Corp0.40%
ESCO Technologies Inc0.40%
Zurn Elkay Water Solutions Corp0.40%
Armstrong World Industries Inc0.40%
Federal Signal Corp0.39%
Enpro Inc0.38%
Ligand Pharmaceuticals Inc0.36%
Etsy Inc0.35%
Everus Construction Group Inc0.35%
Alkermes PLC0.34%
Lyft Inc0.33%
Sensient Technologies Corp0.32%
JBT Marel Corp0.32%
PTC Therapeutics Inc0.31%
Kodiak Gas Services Inc0.31%
Archrock Inc0.31%
Powell Industries Inc0.31%
Argan Inc0.31%
Impinj Inc0.30%
Granite Construction Inc0.29%
Frontdoor Inc0.29%
Casella Waste Systems Inc0.29%
Axos Financial Inc0.28%
Laureate Education Inc0.28%
ACM Research Inc0.28%
Solaris Energy Infrastructure Inc0.27%
Mercury Systems Inc0.27%
Virtu Financial Inc0.27%
VSE Corp0.27%
International Seaways Inc0.27%
MYR Group Inc0.26%
Urban Outfitters Inc0.25%
Installed Building Products Inc0.25%
Construction Partners Inc0.25%
PriceSmart Inc0.25%
Cavco Industries Inc0.25%
Indivior Pharmaceuticals Inc0.25%
Chefs' Warehouse Inc/The0.24%
Enova International Inc0.24%
Covista Inc0.24%
AZZ Inc0.23%

Weight gaps

The 100 widest of 458 Holdings in both funds.

Holding weights in IJS and VIOO, widest gap first
Holding	More in IJSMore in VIOO	IJS	VIOO
Paycom SoftwarePAYC	IJS +0.61 points	1.10%	0.49%
Sm EnergySM	IJS +0.56 points	1.03%	0.47%
Match Group IncMTCH	IJS +0.49 points	1.02%	0.53%
Lamb Weston HoldingsLW	IJS +0.47 points	0.80%	0.33%
PoolPOOL	IJS +0.47 points	0.81%	0.34%
Epam SystemsEPAM	IJS +0.46 points	0.78%	0.32%
Jackson Financial Class AJXN	IJS +0.43 points	0.90%	0.47%
Victoria’s SecretVSXY	IJS +0.42 points	0.83%	0.41%
Builders Firstsource IncBLDR	IJS +0.39 points	0.75%	0.36%
Carmax IncKMX	IJS +0.40 points	0.85%	0.45%
Mohawk IndustriesMHK	IJS +0.39 points	0.76%	0.37%
Eastman ChemicalEMN	IJS +0.39 points	0.82%	0.43%
Conagra BrandsCAG	IJS +0.38 points	0.75%	0.37%
Lincoln National CorpLNC	IJS +0.36 points	0.76%	0.40%
Magnolia Oil Gas Corp Class AMGY	IJS +0.36 points	0.68%	0.32%
Molson Coors Brewing Class BTAP	IJS +0.35 points	0.69%	0.34%
Matson IncMATX	IJS +0.34 points	0.72%	0.38%
TeleflexTFX	IJS +0.33 points	0.64%	0.31%
Patterson Uti Energy IncPTEN	IJS +0.31 points	0.55%	0.24%
Rxo IncRXO	IJS +0.29 points	0.49%	0.20%
Atlantic Union BanksharesAUB	IJS +0.29 points	0.60%	0.31%
Caesars Entertainment IncCZR	IJS +0.29 points	0.64%	0.35%
Insight Enterprises IncNSIT	IJS +0.28 points	0.55%	0.27%
Crescent Energy Class ACRGY	IJS +0.28 points	0.50%	0.22%
Celanese CorpCE	IJS +0.28 points	0.54%	0.26%
Rithm CapitalRITM	IJS +0.27 points	0.56%	0.29%
Signet JewelersSIG	IJS +0.27 points	0.50%	0.23%
Trade Desk Class ATTD	IJS +0.26 points	0.56%	0.30%
Robert HalfRHI	IJS +0.26 points	0.47%	0.21%
California ResourcesCRC	IJS +0.25 points	0.49%	0.24%
United Community Banks IncUCB	IJS +0.24 points	0.47%	0.23%
Cathay General BancorpCATY	IJS +0.23 points	0.46%	0.23%
Fulton FinancialFULT	IJS +0.23 points	0.48%	0.25%
Apple Hospitality Reit IncAPLE	IJS +0.23 points	0.44%	0.21%
Delek Us Holdings IncDK	IJS +0.24 points	0.49%	0.25%
Campbell SoupCPB	IJS +0.23 points	0.45%	0.22%
Academy Sports and OutdoorsASO	IJS +0.23 points	0.40%	0.17%
Mdu Resources GroupMDU	IJS +0.22 points	0.45%	0.23%
Core Natural ResourcesCNR	IJS +0.21 points	0.46%	0.25%
Meritage CorpMTH	IJS +0.21 points	0.45%	0.24%
Versant Media Group Inc Class AVSNT	IJS +0.21 points	0.47%	0.26%
Integer Holdings CorpITGR	IJS +0.21 points	0.46%	0.25%
Korn FerryKFY	IJS +0.21 points	0.42%	0.21%
Bread Financial HoldingsBFH	IJS +0.21 points	0.43%	0.22%
Asbury Automotive Group IncABG	IJS +0.20 points	0.38%	0.18%
Amentum HoldingsAMTM	IJS +0.20 points	0.36%	0.16%
Cvb Financial CorpCVBF	IJS +0.20 points	0.41%	0.21%
HniHNI	IJS +0.19 points	0.38%	0.19%
Adt IncADT	IJS +0.19 points	0.38%	0.19%
Renasant CorpRNST	IJS +0.18 points	0.39%	0.21%
Sl Green Realty Reit CorpSLG	IJS +0.18 points	0.38%	0.20%
Northern Oil and GasNOG	IJS +0.18 points	0.32%	0.14%
OrganonOGN	IJS +0.18 points	0.39%	0.21%
Highwoods Properties ReitHIW	IJS +0.18 points	0.37%	0.19%
Life Time Group HoldingsLTH	VIOO +0.18 points	0.26%	0.44%
Marriott Vacations WorldwideVAC	IJS +0.18 points	0.34%	0.16%
Terreno Realty ReitTRNO	VIOO +0.18 points	0.23%	0.41%
Cushman and Wakefield LtdCWK	IJS +0.18 points	0.34%	0.16%
Rush Enterprises Class ARUSHA	IJS +0.17 points	0.42%	0.25%
First Financial BancorpFFBC	IJS +0.18 points	0.37%	0.19%
Kohls CorpKSS	IJS +0.18 points	0.30%	0.12%
Abm Industries IncABM	IJS +0.18 points	0.34%	0.16%
Lkq CorpLKQ	IJS +0.18 points	0.51%	0.33%
Simmons First National Class ASFNC	IJS +0.17 points	0.36%	0.19%
Telephone and Data SystemsTDS	IJS +0.17 points	0.36%	0.19%
Geo GroupGEO	IJS +0.17 points	0.40%	0.23%
Group Automotive IncGPI	IJS +0.17 points	0.33%	0.16%
Remitly GlobalRELY	VIOO +0.17 points	0.08%	0.25%
Stride IncLRN	IJS +0.16 points	0.35%	0.19%
First Interstate BancsystemFIBK	IJS +0.16 points	0.33%	0.17%
Genworth Financial IncGNW	IJS +0.16 points	0.36%	0.20%
Dxc TechnologyDXC	IJS +0.16 points	0.26%	0.10%
Advance Auto Parts IncAAP	IJS +0.15 points	0.29%	0.14%
First HawaiianFHB	IJS +0.16 points	0.33%	0.17%
DnowDNOW	IJS +0.16 points	0.32%	0.16%
Provident Financial Services IncPFS	IJS +0.15 points	0.32%	0.17%
Acadia Healthcare CompanyACHC	IJS +0.15 points	0.30%	0.15%
M I Homes IncMHO	IJS +0.15 points	0.35%	0.20%
Banc of CaliforniaBANC	IJS +0.15 points	0.31%	0.16%
Herc HoldingsHRI	IJS +0.15 points	0.37%	0.22%
Boise CascadeBCC	IJS +0.15 points	0.30%	0.15%
Corecivic ReitCXW	IJS +0.15 points	0.33%	0.18%
V2XVVX	IJS +0.14 points	0.27%	0.13%
United Natural Foods IncUNFI	IJS +0.14 points	0.30%	0.16%
Lci IndustriesLCII	IJS +0.14 points	0.26%	0.12%
Vishay IntertechnologyVSH	IJS +0.14 points	0.41%	0.27%
Nbt BancorpNBTB	IJS +0.14 points	0.29%	0.15%
Pebblebrook Hotel Trust ReitPEB	IJS +0.14 points	0.26%	0.12%
Beacon FinancialBBT	IJS +0.14 points	0.28%	0.14%
DiodesDIOD	IJS +0.14 points	0.40%	0.26%
Bank of HawaiiBOH	IJS +0.14 points	0.30%	0.16%
ArcbestARCB	IJS +0.13 points	0.30%	0.17%
Trinity Industries IncTRN	IJS +0.13 points	0.25%	0.12%
Sunstone Hotel Investors Reit IncSHO	IJS +0.14 points	0.26%	0.12%
Hb FullerFUL	IJS +0.14 points	0.29%	0.15%
Kulicke and Soffa Industries IncKLIC	IJS +0.13 points	0.42%	0.29%
Acadia Realty Trust ReitAKR	IJS +0.13 points	0.28%	0.15%
Innospec IncIOSP	IJS +0.13 points	0.27%	0.14%
Versigent PLCVGNT	IJS +0.13 points	0.31%	0.18%
Talos EnergyTALO	IJS +0.13 points	0.25%	0.12%

All 476 IJS holdings⁠All 604 VIOO 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.

IJS vs VIOO Cost

Overpaying IJS vs VIOO

$2,269

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

IJS 0.18%
$3,749
VIOO 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

IJS 0.18%
VIOO 0.07%
Overpaying

Year by year

Year	IJS	VIOO	Overpaying
10	$328	$128	$200
20	$1,281	$503	$778
30	$3,749	$1,480	$2,269

Expense ratio

0.18%IJS
0.07%VIOO, cheaper

VIOO0.07%IJS0.18%

0.03%0.59%

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

VIOO 3rd cheapest of 13 funds

IJS 8th cheapest of 13 funds

IJS vs VIOO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IJS 1.39%, better; VIOO 1.15%
Payout (12M): IJS $1.85; VIOO $1.51
Last payment: IJS $0.56; VIOO $1.51
Ex-dividend: IJS Sep 15, 2026; VIOO Dec 22, 2025
Paid on: IJS Sep 18, 2026; VIOO Dec 24, 2025
Frequency: IJS Quarterly; VIOO Annual

Distribution history

Per share, 2017 to 2026, same scale for both

IJSQuarterly · 38 paymentsAll IJS payments⁠

VIOOAnnual · 9 paymentsAll VIOO payments⁠

IJS vs VIOO Risk

Fall from peak · 5 years

IJS
VIOO

Risk facts

VolatilityStd dev, 3 years: IJS 18.9%VIOO 18.8%, better
Return per unit of riskSharpe ratio, 3 years: IJS 0.76, betterVIOO 0.75
Worst fallMax drawdown, 5 years: IJS −28.6%VIOO −27.9%, better
Market sensitivityBeta, 5 years: IJS 1.00VIOO 1.04; Market = 1

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