Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VB vs VTWO: how they differ
VB and VTWO hold 31% of their weight in the same names, and VTWO returned more over the year.
Vanguard Small-Cap Index Fund and Vanguard Russell 2000 Index Fund.
What they hold in common
By the books each fund has filed, VB and VTWO hold 31% of their money in the same securities at the same weight.
| Holding | VB | VTWO |
|---|---|---|
| Credo Technology Group Holding Ltd | 0.55% | 1.12% |
| Sterling Infrastructure Inc | 0.30% | 0.76% |
| Fabrinet | 0.24% | 0.69% |
| TTM Technologies Inc | 0.24% | 0.52% |
| Guardant Health Inc | 0.23% | 0.47% |
| Nextpower Inc | 0.21% | 0.67% |
| SiTime Corp | 0.20% | 0.47% |
| IonQ Inc | 0.19% | 0.63% |
| Coeur Mining Inc | 0.18% | 0.58% |
| Dycom Industries Inc | 0.18% | 0.44% |
| Semtech Corp | 0.18% | 0.42% |
| Rambus Inc | 0.17% | 0.46% |
| Only in VB | Only in VTWO |
|---|---|
| Jabil Inc 0.49% | Bloom Energy Corp 1.83% |
| REVOLUTION Medicines Inc 0.46% | Clearwater Analytics Holdings Inc 0.20% |
| Astera Labs Inc 0.45% | SSR Mining Inc 0.19% |
| Natera Inc 0.45% | Garrett Motion Inc 0.17% |
| EMCOR Group Inc 0.45% | Kulicke & Soffa Industries Inc 0.15% |
| Twilio Inc 0.38% | CRISPR Therapeutics AG 0.15% |
| NRG Energy Inc 0.38% | Brookfield Infrastructure Corp 0.15% |
| MKS Instruments Inc 0.37% | Golar LNG Ltd 0.14% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| VB Vanguard Small-Cap Index Fund | VTWO Vanguard Russell 2000 Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Small-Cap | Russell 2000 |
| Total return, 1 year | +15.2% | +21.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.3 pts | +3.9 pts |
| Expense ratio | 0.03% | 0.07% |
| Already in the S&P 500 | 21.7% | 0.5% |
| Holdings | 1311 | 1951 |
VB in plain words
VB is an index equity fund tracking the Small-Cap. Over the year to Sep 11, 2026 it returned +15.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1311 positions, with the top ten at 4.3%. It sat 5.1% below its high of Aug 14, 2026 on Sep 11, 2026.
VTWO in plain words
VTWO is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1951 positions, with the top ten at 7.8%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VB or VTWO?
- In the year to Sep 12, 2026, with distributions reinvested, VB returned +15.2% and VTWO returned +21.4%, so VTWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VB or VTWO?
- VB charges 0.03% a year and VTWO charges 0.07%, so VB is cheaper. Fees come from each fund's prospectus.
- How much do VB and VTWO overlap with the S&P 500?
- By their latest filed holdings, 22% of VB and 0% of VTWO by weight is stocks the S&P 500 already holds. Between the two funds, 31% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VB against VTWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/VB-VTWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources