ETF Versus

IJR vs VOO

iShares Core S&P Small-Cap ETF vs Vanguard S&P 500 ETF

Last updated: 2026-04-10

IJR iShares

iShares Core S&P Small-Cap ETF (IJR) is an exchange-traded fund issued by iShares that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a low expense ratio of 0.06%. The fund offers a moderate dividend yield of 1.23%. Launched in 2000, the fund has a 26-year track record.

AUM: $96.3B ER: 0.06% Yield: 1.23% Since: May 22, 2000
VOO Vanguard

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.14%. Launched in 2010, the fund has a 16-year track record.

AUM: $858.3B ER: 0.03% Yield: 1.14% Since: Sep 7, 2010

Quick Verdict

VOO has a slightly lower expense ratio (0.03% vs 0.06%), saving about $60 per $10,000 over 10 years. Over the past year, IJR has significantly outperformed with a 38.1% return vs 29.7%.

Key Metrics

Metric IJR VOO
Expense Ratio 0.06% 0.03%
Dividend Yield 1.2% 1.1%
Fund Family iShares Vanguard
Category US Small Cap US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

75 94 113 132 151 170 2021-04 2022-07 2023-10 2025-01 2026-04
IJR +18.7%
VOO +65.2%

Performance Comparison

Period IJR VOO Difference
1 Month +4.49% +0.48% +4.01%
3 Months +2.82% -2.24% +5.06%
6 Months +11.61% +2.53% +9.08%
YTD +7.20% -0.52% +7.72%
1 Year +38.09% +29.66% +8.43%
3 Years +35.49% +66.05% -30.56%
5 Years +18.67% +65.17% -46.50%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IJR Fees VOO Fees You Save
$10,000 10 years $120 $60 $60
$10,000 20 years $515 $258 $257
$10,000 30 years $1,664 $835 $828
$50,000 10 years $598 $299 $299
$50,000 30 years $8,318 $4,176 $4,142
$100,000 30 years $16,637 $8,352 $8,285

Risk Metrics

Based on 5 years of daily returns

Metric IJR VOO
Annualized Volatility 21.6% 16.8%
Max Drawdown -28.9% -25.4%
Sharpe Ratio 0.06 0.42

Dividend Comparison

Metric IJR VOO
Annual Dividend (per share) $1.60 $7.13
Dividend Yield 1.23% 1.14%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

IJR Top Holdings

NameWeight
BLK CSH FND TREASURY SL AGENCYXTSLA1.29%
Viavi Solutions Inc.VIAV0.60%
FormFactor, Inc.FORM0.57%
Eastman Chemical CompanyEMN0.53%
Primoris Services CorporationPRIM0.53%
Element Solutions IncESI0.53%
Argan, Inc.AGX0.51%
Semtech CorporationSMTC0.50%
ESCO Technologies Inc.ESE0.50%
Match Group, Inc.MTCH0.48%

VOO Top Holdings

NameWeight
NVIDIA CorporationNVDA7.31%
Apple Inc.AAPL6.63%
Microsoft CorporationMSFT4.96%
Amazon.com, Inc.AMZN3.47%
Broadcom Inc.AVGO2.56%
Alphabet Inc.GOOG2.46%
Meta Platforms, Inc.META2.40%
Tesla, Inc.TSLA1.92%
Berkshire Hathaway Inc.BRK.B1.57%

Which One Should You Choose?

Choose VOO if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IJR if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Related Comparisons