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ILCG vs VTWG

iShares Morningstar Growth ETF

ILCGANYSE Arca

Vanguard Russell 2000 Growth ETF

VTWGBNasdaq

Overlap

Expense ratio

ILCG −0.02pt a year

ILCG0.04%VTWG0.06%

Avg volume · 30D

ILCG 3.3×the volume

ILCG70.4KVTWG21K

10Y return · a year

ILCG +6.8pt

ILCG+17.3%VTWG+10.5%

ILCG vs VTWG Performance

Oct 29, 2021 – Oct 30, 2026

+59.5%ILCG+18.8%VTWG

Oct 29, 2021 to Oct 30, 2026. ILCG +59.5%. VTWG +18.8%. Use the arrow keys to read each point.−40%−20%0%40%80%Oct 2021Apr 2024Oct 2026
Expense ratio
ILCG 0.04%, better
VTWG 0.06%
Fund size
ILCG $3B
VTWG $1.6B
1Y total return
ILCG +3.2%
VTWG +7.1%, better
Yield (12M)
ILCG 0.44%
VTWG 0.68%, better
Holdings
ILCG 328
VTWG 1138
Avg volume (30D)
ILCG 70.4K sh, better
VTWG 21K sh
NAV per share
ILCG $109.98
VTWG $257.02
52W range

ETF.net Grade

ILCG: Cost 96, Risk 44, Mission 100, Tradability 64, Holdings 49, Durability 64. VTWG: Cost 78, Risk 29, Mission 91, Tradability 27, Holdings 85, Durability 72.
Pillar letters and Scores for ILCG, VTWG, with each pillar’s weight
PillarILCGVTWG
Cost30% weightA96HigherA78
Mission25% weightA100HigherA91
Risk15% weightC44HigherD29
Tradability15% weightB64HigherD27
Holdings10% weightC49A85Higher
Durability5% weightB64A72Higher

Rank among US Growth Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ILCG and VTWG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds
See all 35 ›

ILCG ranks 2nd and VTWG 14th of 35 funds in the US Growth Index Category.

  1. Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
  2. Rank 2AILCGiShares Morningstar Growth ETFScore 78
  3. Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
  4. Rank 14BIWFiShares Russell 1000 Growth ETFScore 66
  5. Rank 14BVTWGVanguard Russell 2000 Growth ETFScore 66
  6. Rank 16BIWPiShares Russell Mid-Cap Growth ETFScore 61

Our read on each fund

ETF.net Research

ILCGAiShares Morningstar Growth ETF

VTWGBVanguard Russell 2000 Growth ETF

In short

ILCG Growth by Morningstar's rulebook. A 2004-vintage iShares fund that screens large and mid caps for above-average earnings, sales, cash-flow and book-value growth, and charges four basis points to do it.

VTWG Vanguard's Russell 2000 Growth tracker holds the index in full, roughly 1,100 small-cap names, for six basis points. Most of the top-rated growth ETFs crowd into mega-caps. This one stays where the small companies are.

Stated mandate

ILCG The fund aims to follow an index of U.S. large- and mid-cap stocks chosen for above-average earnings, sales, cash-flow, and book-value growth.

VTWG The fund seeks to track the Russell 2000 Growth Index, which represents small-capitalization U.S. growth stocks. It uses passive full replication.

Why people hold it

  • ILCG 0.04% a year. The typical fund in its factor peer group charges roughly eight times that, so almost none of the return leaks out the fee door.
  • Uses Morningstar's growth definition (earnings, sales, cash flow, book value) rather than S&P's or Russell's, and reaches into mid caps, not just the S&P 500.ishares.com
  • Trading since 2004, a multi-billion-dollar fund holding roughly 300 stocks. Long-running plumbing, not a launch-week experiment.
  • Tracking has been tight, and the fund sits in the upper half of its factor cohort overall, with cost doing much of the heavy lifting.
  • VTWG At 0.06% a year, it costs about a third of the typical fund in its growth-ETF peer group, where the median sits near 0.18%.
  • Full replication, not sampling: roughly 1,100 stocks held at index weights, so the portfolio is the benchmark rather than a proxy for it.vanguard.com
  • Small-cap growth exposure spread across about 1,100 companies, so no single name drives the fund the way it can in mega-cap growth products (VUG, SCHG, SPYG).
  • Running since 2010 as the ETF share class of a Vanguard index fund, with a plain passive mandate and quarterly distributions.vanguard.com

Worth knowing

  • ILCG Pure growth means no value ballast, and the ride has been bumpier than most funds in its factor group. The style can sit out of favor for long stretches.
  • Concentration runs high for the cohort: cap-weighted growth screens funnel a big share of the fund into the same handful of mega-cap names.
  • Moderately traded, not a tape leader. Sibling IUSG applies S&P's growth definition at the same 0.04%, so the pick is which index rulebook you prefer.
  • VTWG Small caps move harder than mega-caps. The prospectus flags stock market, investment style and small-cap risk as the main things that can bite.vanguard.com
  • It trades lightly next to the category's giants, so wider bid-ask spreads are part of the package.
  • Vanguard's own VBK covers similar small-cap growth ground on a different index at 0.05%, so the two overlap with different rulebooks.

Full ILCG profile⁠

Full VTWG profile⁠

ILCG vs VTWG 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.

ILCG vs VTWG Cost

Overpaying VTWG vs ILCG

$421

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

  • ILCG 0.04%

    $849

  • VTWG 0.06%

    $1,270

$10,000
30 years

Cost over time

  • ILCG 0.04%
  • VTWG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530VTWG $1,270ILCG $849

Year by year

YearILCGVTWGOverpaying
10$73$110$37
20$288$432$144
30$849$1,270$421

Expense ratio

  • 0.04%ILCG, cheaper
  • 0.06%VTWG
  • Middle half of US Growth Index funds
  • Median 0.18%

ILCG 2nd cheapest of 35 funds

VTWG 9th cheapest of 35 funds

ILCG vs VTWG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ILCG 0.44%
VTWG 0.68%, better
Payout (12M)
ILCG $0.48
VTWG $1.75
Last payment
ILCG $0.14
VTWG $0.34
Ex-dividend
ILCG Sep 15, 2026
VTWG Sep 23, 2026
Paid on
ILCG Sep 18, 2026
VTWG Sep 25, 2026
Frequency
ILCG Quarterly
VTWG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ILCGQuarterly · 40 paymentsAll ILCG payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.05; Jun 27, 2017 $0.07; Sep 26, 2017 $0.09; Dec 19, 2017 $0.07; Mar 22, 2018 $0.06; Jun 26, 2018 $0.08; Sep 26, 2018 $0.05; Dec 17, 2018 $0.07; Mar 20, 2019 $0.05; Jun 17, 2019 $0.05; Sep 24, 2019 $0.05; Dec 16, 2019 $0.05; Dec 30, 2019 $0.03; Mar 25, 2020 $0.05; Jun 15, 2020 $0.04; Sep 23, 2020 $0.04; Dec 14, 2020 $0.04; Mar 25, 2021 $0.02; Jun 10, 2021 $0.06; Sep 24, 2021 $0.08; Dec 13, 2021 $0.08; Mar 24, 2022 $0.08; Jun 9, 2022 $0.07; Sep 26, 2022 $0.11; Dec 13, 2022 $0.11; Mar 23, 2023 $0.12; Jun 7, 2023 $0.08; Sep 26, 2023 $0.12; Dec 20, 2023 $0.15; Mar 21, 2024 $0.10; Jun 11, 2024 $0.08; Sep 25, 2024 $0.14; Dec 17, 2024 $0.12; Mar 18, 2025 $0.10; Jun 16, 2025 $0.10; Sep 16, 2025 $0.14; Dec 16, 2025 $0.15; Mar 17, 2026 $0.10; Jun 15, 2026 $0.09; Sep 15, 2026 $0.14. Use the arrow keys to read each point.$0$0.502017202020232026YTD
VTWGQuarterly · 39 paymentsAll VTWG payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.17; Jun 28, 2017 $0.24; Sep 27, 2017 $0.23; Dec 14, 2017 $0.24; Mar 22, 2018 $0.15; Jun 28, 2018 $0.21; Sep 26, 2018 $0.27; Dec 13, 2018 $0.25; Mar 25, 2019 $0.17; Jun 21, 2019 $0.25; Sep 26, 2019 $0.35; Dec 16, 2019 $0.36; Mar 26, 2020 $0.23; Jun 25, 2020 $0.20; Sep 11, 2020 $0.19; Dec 17, 2020 $0.39; Mar 26, 2021 $0.19; Jun 29, 2021 $0.11; Sep 29, 2021 $0.23; Dec 16, 2021 $0.62; Mar 24, 2022 $0.06; Jun 29, 2022 $0.14; Sep 28, 2022 $0.39; Dec 15, 2022 $0.51; Mar 23, 2023 $0.33; Jun 23, 2023 $0.27; Sep 21, 2023 $0.38; Dec 19, 2023 $0.48; Mar 21, 2024 $0.27; Jun 27, 2024 $0.27; Sep 26, 2024 $0.23; Dec 23, 2024 $0.41; Mar 25, 2025 $0.22; Jun 20, 2025 $0.38; Sep 24, 2025 $0.25; Dec 22, 2025 $0.67; Mar 24, 2026 $0.32; Jun 18, 2026 $0.42; Sep 23, 2026 $0.34. Use the arrow keys to read each point.$0$0.502017202020232026YTD

ILCG vs VTWG Risk

Fall from peak · 5 years

  • ILCG
  • VTWG
Oct 29, 2021 to Oct 30, 2026. Worst fall: VTWG −40.5% · Jun 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
ILCG 17.8%, betterVTWG 20.7%
Return per unit of riskSharpe ratio, 3 years
ILCG 1.06, betterVTWG 0.78
Worst fallMax drawdown, 5 years
ILCG −35.4%, betterVTWG −40.5%
Market sensitivityBeta, 5 years
ILCG 1.23VTWG 1.43

ILCG and VTWG in the news

All news⁠

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