ETF Versus

IJR vs VUG

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

Last updated: 2026-04-02

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 1.28%. Launched in 2000, the fund has a 26-year track record.

AUM: $90.2B ER: 0.06% Yield: 1.28% Since: May 22, 2000
VUG Vanguard

Vanguard Growth Index Fund ETF Shares (VUG) is an exchange-traded fund issued by Vanguard 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 0.45%. Launched in 2004, the fund has a 22-year track record.

AUM: $179.8B ER: 0.03% Yield: 0.45% 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. IJR has edged ahead over the past year (19.2% vs 18.0%). Income investors may prefer IJR for its higher yield (1.3% vs 0.5%).

Key Metrics

Metric IJR VUG
Expense Ratio 0.06% 0.03%
Dividend Yield 1.3% 0.5%
Fund Family iShares Vanguard
Category US Small Cap US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

75 98 121 144 167 190 2021-04 2022-06 2023-09 2024-12 2026-04
IJR +13.0%
VUG +66.0%

Performance Comparison

Period IJR VUG Difference
1 Month -4.33% -4.47% +0.14%
3 Months +2.92% -9.18% +12.10%
6 Months +4.03% -8.28% +12.31%
YTD +2.92% -9.18% +12.10%
1 Year +19.20% +18.01% +1.19%
3 Years +29.06% +77.18% -48.12%
5 Years +12.98% +66.01% -53.03%

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 0.01 0.37

Dividend Comparison

Metric IJR VUG
Annual Dividend (per share) $1.60 $1.99
Dividend Yield 1.28% 0.45%
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 AGENCYXTSLA1.37%
Eastman Chemical CompanyEMN0.54%
Viavi Solutions Inc.VIAV0.53%
Argan, Inc.AGX0.52%
Primoris Services CorporationPRIM0.52%
FormFactor, Inc.FORM0.51%
Element Solutions IncESI0.51%
LKQ CorporationLKQ0.50%
SM Energy CompanySM0.49%
ESCO Technologies Inc.ESE0.48%

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...

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

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