Data as of Oct 28, 2026.

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IJR vs VB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IJR returned +17.5% to VB's +14.4%; 18% of their weight is in the same names.

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Net assets: $104.6bn on Oct 27, 2026 for iShares Core S&P Small-Cap ETF, and $76.9bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap ETF.

At a glance
+17.5%
IJR total return, 1 year
+14.4%
VB total return, 1 year
0.06%
IJR expense ratio
0.03%
VB expense ratio

Pair scorecard

VB costs 0.03 points a year less; their one-year returns differ by 3.1 points; IJR is 1.3 times larger.

IJR vs VB: Differences, Returns & Fees
MeasureIJRVB
Return
Total return, 1 year+17.5%+14.4%
Drawdown
Below its high6.8%, high on Aug 14, 20265.7%, high on Aug 14, 2026
Benchmark
What it tracksS&P SmallCap 600Morningstar US Small Cap Index
Cost and size
Expense ratio0.06%0.03%
Net assets, as of Sep 30, 2026$102.6bn$76.9bn
Holdings
Holdings in common18%
Top ten holdings, share of the fund5.3%5.9%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Feb 6, 2004 to Oct 23, 2026 · 1,185 weekly returns
IJR VB
Return
Total return edge Tie +702.4% +705.5%
Annualized edge Tie +9.6% +9.6%
Price return edge IJR (slight) +497.1% +482.0%
Risk
Volatility edge VB (slight) 22.1% 21.5%
Max drawdown edge IJR (slight) −57.3% −58.8%
Risk-adjusted
Sharpe edge Tie 0.44 0.45
Sortino edge Tie 0.64 0.64
Calmar edge IJR (slight) 0.17 0.16
Reading

IJR and VB returned about the same: +702.4% and +705.5%. VB swung slightly less: 21.5% to 22.1%. IJR fell slightly less at its worst: −57.3% to −58.8%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IJR vs VB: Differences, Returns & Fees
MeasureIJRVBEdgeHow it is measured
Return
Total return+702.4%+705.5%TiePrice change plus distributions, reinvested.
Annualized+9.6%+9.6%TieTotal return as a yearly rate.
Price return+497.1%+482.0%IJR (slight)Price change alone, distributions left out.
Risk
Volatility22.1%21.5%VB (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation15.3%15.1%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−57.3%−58.8%IJR (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.440.45TieReturn above Treasury bills per unit of volatility.
Sortino0.640.64TieReturn above Treasury bills per unit of downside deviation.
Calmar0.170.16IJR (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,185 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

18%

By the books each fund has filed, IJR and VB hold 18% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

18% in common

Positions both hold · largest shared weight first IJR VB
MATCH GROUP INC 0.57% 0.12%
VIASAT INC 0.55% 0.12%
GLAUKOS 0.61% 0.12%
PROTAGONIST THERAPEUTICS 0.52% 0.12%
JACKSON FINANCIAL CLASS A 0.48% 0.11%
ELEMENT SOLUTIONS INC 0.46% 0.11%
PAYCOM SOFTWARE 0.57% 0.10%
SM ENERGY 0.53% 0.10%
CARMAX INC 0.43% 0.10%
LINCOLN NATIONAL CORP 0.33% 0.10%
MAXLINEAR 0.36% 0.10%
RYMAN HOSPITALITY PROPERTIES REIT 0.51% 0.10%
Only in one fund ↓
Only in IJR
SOLARIS ENERGY INFRASTRUCTURE INC 0.24%
ENOVA INTERNATIONAL 0.24%
KULICKE AND SOFFA INDUSTRIES INC 0.23%
CHEFS WAREHOUSE INC 0.23%
TUTOR PERINI 0.21%
ARCUTIS BIOTHERAPEUTICS 0.21%
NICOLET BANKSHARES INC 0.20%
DAVE CLASS A 0.19%
Only in VB
SLCMT1142 1.31%
Natera Inc 0.72%
Twilio Inc 0.57%
Revolution Medicines Inc 0.53%
Everpure Inc 0.52%
Illumina Inc 0.52%
Okta Inc 0.44%
Moderna Inc 0.44%
Check overlap with more funds →

Side by side

IJR iShares Core S&P Small-Cap ETF VB Vanguard Morningstar Small-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P SmallCap 600 Tracks an index of Small-Cap
Total return, 1 year +17.5% +14.4%
Its benchmark over the same days +17.6% (SPSM) not measured
Gap to its benchmark −0.1 pts vs SPSM not measured
Expense ratio 0.06% 0.03%
Already in the S&P 500 0.0% 21.6%
Holdings 642 1303
Net assets, IJR as of Oct 27, 2026 and VB as of Sep 30, 2026 $104.6bn $76.9bn

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

Client brief · page 1 of 2 Report BR-1FE1B59279

IJR and VB 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 VB follows Morningstar US Small Cap Index.
  2. Holdings in common. 18% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IJR returned +17.5% and VB +14.4% with distributions reinvested, a gap of 3.1 points.

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.

VB

VB tracks an index of Small-Cap. Over the year to Oct 28, 2026 it returned +14.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1,303 positions, with the top ten at 5.9%. It sat 5.7% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IJR or VB?
In the year to Oct 28, 2026, with distributions reinvested, IJR returned +17.5% and VB +14.4%.
Which is cheaper, IJR or VB?
VB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IJR and VB overlap with the S&P 500?
By their latest filed holdings, 0% of IJR and 22% of VB by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, IJR against VB, data as of Oct 28, 2026. https://etfiq.com/compare/any/ijr-vs-vb

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