ETF Versus

IJR vs VUG

iShares Core S&P Small-Cap ETF vs Vanguard Growth Index Fund ETF Shares

Last updated: 2026-04-10

IJR

iShares Core S&P Small-Cap ETF (IJR) is an exchange-traded fund 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 1.22%. Launched in 2000, the fund has a 26-year track record.

AUM: $96.3B ER: 0.06% Yield: 1.22% Since: May 22, 2000
VUG

Vanguard Growth Index Fund ETF Shares (VUG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.03%. The fund offers a modest dividend yield of 0.43%. Launched in 2004, the fund has a 22-year track record.

AUM: $193.7B ER: 0.03% Yield: 0.43% Since: Jan 26, 2004

Quick Verdict

VUG 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 38.8% return vs 30.1%. Income investors may prefer IJR for its higher yield (1.2% vs 0.4%).

Key Metrics

Metric IJR VUG
Expense Ratio 0.06% 0.03%
Dividend Yield 1.2% 0.4%
Fund Family N/A N/A
Category US Small Cap US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

75 97 119 141 163 185 2021-04 2022-07 2023-10 2024-12 2026-04
IJR +19.3%
VUG +68.9%

Performance Comparison

Period IJR VUG Difference
1 Month +5.00% -0.86% +5.86%
3 Months +3.33% -6.70% +10.03%
6 Months +12.15% -4.19% +16.34%
YTD +7.73% -5.49% +13.22%
1 Year +38.77% +30.07% +8.70%
3 Years +36.16% +86.72% -50.56%
5 Years +19.25% +68.85% -49.60%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IJR Fees VUG 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 VUG
Annualized Volatility 21.6% 22.2%
Max Drawdown -28.9% -36.0%
Sharpe Ratio 0.06 0.38

Dividend Comparison

Metric IJR VUG
Annual Dividend (per share) $1.60 $1.99
Dividend Yield 1.22% 0.43%
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%

VUG Top Holdings

NameWeight
NVIDIA CorporationNVDA12.82%
Apple Inc.AAPL12.23%
Microsoft CorporationMSFT9.15%
Alphabet Inc.GOOG4.49%
Meta Platforms, Inc.META4.44%
Amazon.com, Inc.AMZN4.41%
Broadcom Inc.AVGO3.95%
Tesla, Inc.TSLA3.58%
Eli Lilly and CompanyLLY2.82%

Which One Should You Choose?

Choose VUG 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.

Choose IJR if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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