SLYG vs VIOG: Grades, Fees and Holdings Compared

State Street SPDR S&P 600 Small Cap Growth ETF

SLYGBNYSE Arca

Vanguard S&P Small-Cap 600 Growth ETF

VIOGBNYSE Arca

Overlap

93.2%by weight

Expense ratio

VIOG −0.05pt a year

SLYG0.15%VIOG0.10%

Avg volume · 30D

SLYG 3.8×the volume

SLYG144KVIOG37.8K

10Y return · a year

SLYG+10.8%VIOG+10.8%

SLYG vs VIOG Performance

Oct 29, 2021 – Oct 30, 2026

+27.7%SLYG+27.6%VIOG

Expense ratio: SLYG 0.15%; VIOG 0.10%, better
Fund size: SLYG $4.77B; VIOG $1B
1Y total return: SLYG +18.9%; VIOG +18.9%
Yield (12M): SLYG 0.71%; VIOG 0.77%, better
Holdings: SLYG 350; VIOG 354
Avg volume (30D): SLYG 144K sh, better; VIOG 37.8K sh
NAV per share: SLYG $111.51; VIOG $141.35
52W range

ETF.net Grade

Pillar letters and Scores for SLYG, VIOG, with each pillar’s weight
Pillar	SLYG	VIOG
Cost30% weight	B58	A74Higher
Mission25% weight	A84	A100Higher
Risk15% weight	C48	C48
Tradability15% weight	B69Higher	D27
Holdings10% weight	C53	C53
Durability5% weight	B66Higher	B57

Rank among S&P SmallCap 600 funds

How we build Categories ›

Same Category. SLYG 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 ›

VIOG ranks 4th 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

SLYGBState Street SPDR S&P 600 Small Cap Growth ETF

VIOGBVanguard S&P Small-Cap 600 Growth ETF

In short

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.

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

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

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

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.

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

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.

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 SLYG profile⁠

Full VIOG profile⁠

SLYG vs VIOG Holdings

How SLYG and VIOG differ

Overlap by weight

93.2%

Shared holdings make up 98.3% of SLYG and 96.2% of VIOG.

Level by level

Holdings342 in both93.2%
Sector11 Sectors94.3%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in SLYG and VIOG, widest gap first
Sector	More in SLYGMore in VIOG	SLYG	VIOG
Technology	VIOG +3.8 points	14.7%	18.5%
Financials	SLYG +1.9 points	16.2%	14.3%
Industrials	SLYG +1.6 points	19.9%	18.3%
Consumer Discretionary	SLYG +1.3 points	11.5%	10.2%
Consumer Staples	VIOG +1.0 points	2.5%	3.5%
Real Estate	VIOG +0.4 points	6.5%	6.9%
Health Care	SLYG +0.4 points	15.9%	15.5%
Materials	VIOG +0.4 points	2.8%	3.2%
Utilities	SLYG +0.3 points	1.9%	1.6%
Energy	Same weight	5.2%	5.2%
Communication	Same weight	2.8%	2.8%

Country, concentration and asset class

Country by domicile

Country weights in SLYG and VIOG, widest gap first
Country	More in SLYGMore in VIOG	SLYG	VIOG
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

SLYG10.0%
VIOG9.9%

Securities held

SLYG348
VIOG350

Asset class

SLYG: Equity
VIOG: Equity

Holdings

Only in SLYG6
In both342
Only in VIOG8

Only in SLYG

6 securities, 1.6% of SLYG by weight

Msg Knickerbockers Corp0.64%
Workiva Inc0.39%
Freshworks Inc Class A0.28%
Msg Rangers Corp0.22%
Howard Hughes Holdings Inc0.06%
Contra Apellis Pharmac<0.01%

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 SLYG and VIOG, widest gap first
Holding	More in SLYGMore in VIOG	SLYG	VIOG
Glaukos CorpGKOS	SLYG +0.37 points	1.18%	0.81%
Acm Research Inc Class AACMR	VIOG +0.24 points	0.34%	0.58%
Etsy IncETSY	SLYG +0.19 points	0.93%	0.74%
Stonex Group IncSNEX	VIOG +0.14 points	0.71%	0.85%
Karman Holdings IncKRMN	SLYG +0.13 points	0.62%	0.49%
Liquidia CorpLQDA	SLYG +0.13 points	0.40%	0.27%
Mirion Technologies IncMIR	SLYG +0.12 points	0.54%	0.42%
Frontdoor IncFTDR	SLYG +0.11 points	0.72%	0.61%
Ryman Hospitality PropertiesRHP	SLYG +0.11 points	1.10%	0.99%
Viasat IncVSAT	SLYG +0.10 points	1.28%	1.18%
Box Inc Class ABOX	SLYG +0.10 points	0.47%	0.37%
Urban Outfitters IncURBN	SLYG +0.10 points	0.63%	0.53%
Rush Street Interactive IncRSI	VIOG +0.10 points	0.19%	0.29%
Tenable Holdings IncTENB	SLYG +0.10 points	0.35%	0.25%
Maxlinear IncMXL	VIOG +0.09 points	0.31%	0.40%
Cleanspark IncCLSK	VIOG +0.08 points	0.15%	0.23%
Onespaworld Holdings LtdOSW	SLYG +0.08 points	0.36%	0.28%
Badger Meter IncBMI	SLYG +0.08 points	0.52%	0.44%
Alkermes PLCALKS	SLYG +0.08 points	0.91%	0.83%
Sphere Entertainment CoSPHR	VIOG +0.08 points	0.36%	0.44%
Life Time Group Holdings IncLTH	SLYG +0.08 points	0.74%	0.66%
Esco Technologies IncESE	VIOG +0.08 points	0.76%	0.84%
Adt IncADT	SLYG +0.08 points	0.21%	0.13%
Axt IncAXTI	VIOG +0.08 points	0.25%	0.33%
Transmedics Group IncTMDX	VIOG +0.07 points	0.28%	0.35%
Centrus Energy Corp Class ALEU	VIOG +0.08 points	0.25%	0.33%
Uniti Group IncUNIT	VIOG +0.07 points	0.11%	0.18%
Plexus CorpPLXS	VIOG +0.07 points	0.30%	0.37%
Everus Construction GroupECG	VIOG +0.07 points	0.66%	0.73%
Arcutis Biotherapeutics IncARQT	SLYG +0.07 points	0.44%	0.37%
Enpro IncNPO	VIOG +0.07 points	0.72%	0.79%
Kodiak Gas Services IncKGS	VIOG +0.07 points	0.58%	0.65%
Powell Industries IncPOWL	VIOG +0.07 points	0.58%	0.65%
Casella Waste Systems Inc ACWST	SLYG +0.07 points	0.68%	0.61%
Outfront Media IncOUT	SLYG +0.07 points	0.47%	0.40%
Herc Holdings IncHRI	SLYG +0.06 points	0.21%	0.15%
Chefs Warehouse Inc/TheCHEF	VIOG +0.06 points	0.45%	0.51%
Proto Labs IncPRLB	VIOG +0.06 points	0.22%	0.28%
Openlane IncOPLN	SLYG +0.05 points	0.52%	0.47%
Axcelis Technologies IncACLS	VIOG +0.06 points	0.26%	0.32%
Wisdomtree IncWT	VIOG +0.05 points	0.34%	0.39%
Veracyte IncVCYT	SLYG +0.05 points	0.50%	0.45%
Lyft Inc ALYFT	SLYG +0.05 points	0.74%	0.69%
Pacira Biosciences IncPCRX	SLYG +0.05 points	0.17%	0.12%
Agilysys IncAGYS	SLYG +0.05 points	0.35%	0.30%
Shake Shack Inc Class ASHAK	SLYG +0.05 points	0.34%	0.29%
Adeia IncADEA	VIOG +0.05 points	0.29%	0.34%
Aci Worldwide IncACIW	SLYG +0.04 points	0.44%	0.40%
Lumen Technologies IncLUMN	VIOG +0.05 points	0.24%	0.29%
Sezzle IncSEZL	SLYG +0.04 points	0.27%	0.23%
Installed Building ProductsIBP	SLYG +0.05 points	0.58%	0.53%
Argan IncAGX	VIOG +0.05 points	0.60%	0.65%
Materion CorpMTRN	VIOG +0.05 points	0.33%	0.38%
Zurn Elkay Water Solutions CZWS	VIOG +0.05 points	0.79%	0.84%
Clearway Energy Inc CCWEN	SLYG +0.05 points	0.48%	0.43%
Standex International CorpSXI	VIOG +0.04 points	0.36%	0.40%
Nmi Holdings IncNMIH	SLYG +0.05 points	0.39%	0.34%
Hawkins IncHWKN	SLYG +0.05 points	0.26%	0.21%
Remitly Global IncRELY	SLYG +0.04 points	0.38%	0.34%
Laureate Education IncLAUR	VIOG +0.04 points	0.55%	0.59%
Q2 Holdings IncQTWO	SLYG +0.04 points	0.31%	0.27%
Concentra Group Holdings ParCON	SLYG +0.04 points	0.29%	0.25%
Vse CorpVSEC	VIOG +0.04 points	0.52%	0.56%
LIFE360 IncLIF	SLYG +0.04 points	0.44%	0.40%
Clear Secure Inc Class AYOU	SLYG +0.04 points	0.53%	0.49%
Ringcentral Inc Class ARNG	SLYG +0.04 points	0.44%	0.40%
Cal Maine Foods IncCALM	VIOG +0.04 points	0.33%	0.37%
Adma Biologics IncADMA	SLYG +0.04 points	0.31%	0.27%
Veeco Instruments IncVECO	VIOG +0.04 points	0.16%	0.20%
Noble Corp PLCNE	SLYG +0.04 points	0.38%	0.34%
Blackline IncBL	SLYG +0.04 points	0.19%	0.15%
Gentherm IncTHRM	SLYG +0.04 points	0.09%	0.05%
Kontoor Brands IncKTB	SLYG +0.04 points	0.25%	0.21%
Hayward Holdings IncHAYW	SLYG +0.04 points	0.19%	0.15%
Alarm.com Holdings IncALRM	SLYG +0.04 points	0.23%	0.19%
Palomar Holdings IncPLMR	SLYG +0.03 points	0.43%	0.40%
Radian Group IncRDN	SLYG +0.03 points	0.28%	0.25%
Arcus Biosciences IncRCUS	VIOG +0.03 points	0.15%	0.18%
Enova International IncENVA	SLYG +0.03 points	0.54%	0.51%
Healthcare Services GroupHCSG	SLYG +0.03 points	0.20%	0.17%
Waystar Holding CorpWAY	SLYG +0.04 points	0.41%	0.37%
Teradata CorpTDC	SLYG +0.03 points	0.22%	0.19%
Axos Financial IncAX	SLYG +0.03 points	0.63%	0.60%
Pdf Solutions IncPDFS	VIOG +0.03 points	0.20%	0.23%
Dorman Products IncDORM	SLYG +0.03 points	0.44%	0.41%
Atricure IncATRC	SLYG +0.03 points	0.38%	0.35%
Par Pacific Holdings IncPARR	VIOG +0.03 points	0.21%	0.24%
Boot Barn Holdings IncBOOT	SLYG +0.03 points	0.47%	0.44%
Warby Parker Inc Class AWRBY	VIOG +0.03 points	0.19%	0.22%
Privia Health Group IncPRVA	SLYG +0.02 points	0.33%	0.31%
Myr Group Inc/DelawareMYRG	VIOG +0.02 points	0.53%	0.55%
Archrock IncAROC	SLYG +0.02 points	0.67%	0.65%
Pediatrix Medical Group IncMD	SLYG +0.03 points	0.28%	0.25%
Arlo Technologies IncARLO	SLYG +0.03 points	0.19%	0.16%
Freshpet IncFRPT	SLYG +0.03 points	0.24%	0.21%
Solaris Energy InfrastructurSEI	VIOG +0.03 points	0.54%	0.57%
Hci Group IncHCI	SLYG +0.03 points	0.25%	0.22%
Macerich Co/TheMAC	SLYG +0.03 points	0.43%	0.40%
Evertec IncEVTC	SLYG +0.02 points	0.22%	0.20%
Sprinklr Inc ACXM	SLYG +0.03 points	0.10%	0.07%

All 350 SLYG 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.

SLYG vs VIOG Cost

Overpaying SLYG vs VIOG

$1,031

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

SLYG 0.15%
$3,137
VIOG 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

SLYG 0.15%
VIOG 0.10%
Overpaying

Year by year

Year	SLYG	VIOG	Overpaying
10	$274	$183	$91
20	$1,071	$717	$354
30	$3,137	$2,106	$1,031

Expense ratio

0.15%SLYG
0.10%VIOG, cheaper

VIOG0.10%SLYG0.15%

0.03%0.59%

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

VIOG 4th cheapest of 13 funds

SLYG 5th cheapest of 13 funds

SLYG vs VIOG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SLYG 0.71%; VIOG 0.77%, better
Payout (12M): SLYG $0.78; VIOG $1.09
Last payment: SLYG $0.25; VIOG $0.26
Ex-dividend: SLYG Sep 21, 2026; VIOG Sep 28, 2026
Paid on: SLYG Sep 23, 2026; VIOG Sep 30, 2026
Frequency: SLYG Quarterly; VIOG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SLYGQuarterly · 39 paymentsAll SLYG payments⁠

VIOGQuarterly · 39 paymentsAll VIOG payments⁠

SLYG vs VIOG Risk

Fall from peak · 5 years

SLYG
VIOG

Risk facts

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

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