Data as of Oct 28, 2026.

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IJR vs SLYG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IJR returned +17.5% to SLYG's +15.6%; 61% of their weight is in the same names.

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Net assets on Oct 27, 2026: $104.6bn for iShares Core S&P Small-Cap ETF and $4.7bn for State Street SPDR S & P 600 Small Cap Growth ETF.

At a glance
+17.5%
IJR total return, 1 year
+15.6%
SLYG total return, 1 year
0.06%
IJR expense ratio
0.15%
SLYG expense ratio

Pair scorecard

IJR costs 0.09 points a year less; their one-year returns differ by 1.9 points; IJR is far larger, $104.6bn against $4.7bn.

IJR vs SLYG: Differences, Returns & Fees
MeasureIJRSLYG
Return
Total return, 1 year+17.5%+15.6%
Drawdown
Below its high6.8%, high on Aug 14, 20268.2%, high on Aug 4, 2026
Benchmark
What it tracksS&P SmallCap 600S&P SmallCap 600 Growth Index
Cost and size
Expense ratio0.06%0.15%
Net assets, as of Oct 27, 2026$104.6bn$4.7bn
Holdings
Holdings in common61%
Top ten holdings, share of the fund5.3%9.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Oct 13, 2000 to Oct 23, 2026 · 1,358 weekly returns
IJR SLYG
Return
Total return edge IJR +1,020.8% +593.2%
Annualized edge IJR +9.7% +7.7%
Price return edge IJR +709.1% +400.8%
Risk
Volatility edge IJR (slight) 22.0% 22.8%
Max drawdown edge IJR (slight) −57.3% −59.3%
Downside capture 98.9% 101.5%
Beta 0.99 1.01
Risk-adjusted
Sharpe edge IJR 0.45 0.36
Sortino edge IJR 0.65 0.51
Treynor 0.097 0.082
Calmar edge IJR 0.17 0.13
Against the benchmark
Alpha +0.6% a year −1.3% a year
Alpha t-stat 0.91 −1.04
Information ratio 0.20 −0.19
Tracking error 2.4% 6.6%

Each against its own benchmark: IJR against SPSM, Jul 19, 2013 to Oct 23, 2026; SLYG against IJT, Oct 13, 2000 to Oct 23, 2026.

Reading

IJR returned more: +1,020.8% to +593.2%. IJR swung slightly less: 22.0% to 22.8%. IJR fell slightly less at its worst: −57.3% to −59.3%.

Full scorecard

19 measures, with how each is measured
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Risk and return: IJR vs SLYG: Differences, Returns & Fees
MeasureIJRSLYGEdgeHow it is measured
Return
Total return+1,020.8%+593.2%IJRPrice change plus distributions, reinvested.
Annualized+9.7%+7.7%IJRTotal return as a yearly rate.
Price return+709.1%+400.8%IJRPrice change alone, distributions left out.
Risk
Volatility22.0%22.8%IJR (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation15.2%16.1%IJR (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−57.3%−59.3%IJR (slight)Deepest fall from a high to the low after it.
Upside capture98.7%99.9%Share of its benchmark's rise caught in the weeks it rose.
Downside capture98.9%101.5%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.991.01Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.990.92Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.450.36IJRReturn above Treasury bills per unit of volatility.
Sortino0.650.51IJRReturn above Treasury bills per unit of downside deviation.
Treynor0.0970.082Return above Treasury bills per unit of beta.
Calmar0.170.13IJRAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPSMIJTThe ETF each fund is measured against.
Alpha+0.6% a year−1.3% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.91−1.04Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.7% to +1.9%−3.9% to +1.2%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.20−0.19Return against its benchmark per unit of tracking error.
Tracking error2.4%6.6%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,358 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

61%

By the books each fund has filed, IJR and SLYG hold 61% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

61% in common

Positions both hold · largest shared weight first IJR SLYG
GLAUKOS 0.61% 0.90%
VIASAT INC 0.55% 1.18%
PROTAGONIST THERAPEUTICS 0.52% 1.11%
RYMAN HOSPITALITY PROPERTIES REIT 0.51% 1.10%
LIFE TIME GROUP HOLDINGS 0.48% 0.74%
ELEMENT SOLUTIONS INC 0.46% 0.49%
TG THERAPEUTICS 0.46% 0.98%
RALLIANT 0.44% 0.49%
ETSY 0.43% 0.91%
ALKERMES 0.42% 0.91%
ZURN ELKAY WATER SOLUTIONS CORP 0.41% 0.89%
TERRENO REALTY REIT 0.40% 0.61%
Only in one fund ↓
Only in IJR
PAYCOM SOFTWARE 0.57%
MATCH GROUP INC 0.57%
SM ENERGY 0.53%
JACKSON FINANCIAL CLASS A 0.48%
CARMAX INC 0.43%
EASTMAN CHEMICAL 0.43%
LAMB WESTON HOLDINGS 0.42%
VICTORIA S SECRET 0.42%
Only in SLYG
CONTRA APELLIS PHARMAC 0.00%
OMNIAB INC 12.5 EARNOUT 0.00%
OMNIAB INC 15.00 EARNOUT 0.00%
Check overlap with more funds →

Side by side

IJR iShares Core S&P Small-Cap ETF SLYG State Street SPDR S & P 600 Small Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P SmallCap 600 Tracks an index
Total return, 1 year +17.5% +15.6%
Its benchmark over the same days +17.6% (SPSM) +15.4% (IJT)
Gap to its benchmark −0.1 pts vs SPSM +0.2 pts vs IJT
Expense ratio 0.06% 0.15%
Already in the S&P 500 0.0% 0.0%
Holdings 642 350
Net assets, as of Oct 27, 2026 $104.6bn $4.7bn

IJR and SLYG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-B9774A8E74

IJR and SLYG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IJR follows S&P SmallCap 600 and SLYG follows S&P SmallCap 600 Growth Index.
  2. Size. IJR has $104.6bn in net assets and SLYG $4.7bn (net assets, as of Oct 27, 2026); IJR is 22.3 times larger.
  3. Holdings in common (similar). 61% of the weight is in the same securities (holdings dated Oct 27, 2026).

Data as of Oct 28, 2026.

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About each fund
IJR

IJR tracks the S&P SmallCap 600. Over the year to Oct 28, 2026 it returned +17.5% with distributions reinvested, against +17.6% for its benchmark, the S&P SmallCap 600. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 642 positions, with the top ten at 5.3%. It sat 6.8% below its high of Aug 14, 2026 on Oct 28, 2026.

SLYG

SLYG tracks an index. Over the year to Oct 28, 2026 it returned +15.6% with distributions reinvested, against +15.4% for its benchmark, the S&P SmallCap 600 Growth Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 350 positions, with the top ten at 9.7%. It sat 8.2% below its high of Aug 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IJR or SLYG?
In the year to Oct 28, 2026, with distributions reinvested, IJR returned +17.5% and SLYG +15.6%.
Which is cheaper, IJR or SLYG?
IJR is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IJR and SLYG overlap with the S&P 500?
By their latest filed holdings, 0% of IJR and 0% of SLYG by weight is stocks the S&P 500 already holds.
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ETFIQ, IJR against SLYG, data as of Oct 28, 2026. https://etfiq.com/compare/any/ijr-vs-slyg

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