Data as of Oct 28, 2026.

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IJR vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IJR returned +17.5% to VOO's +13.7%; 0% 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 $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+17.5%
IJR total return, 1 year
+13.7%
VOO total return, 1 year
0.06%
IJR expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.03 points a year less; their one-year returns differ by 3.8 points; VOO is 9.7 times larger.

IJR vs VOO: Differences, Returns & Fees
MeasureIJRVOO
Return
Total return, 1 year+17.5%+13.7%
Drawdown
Below its high6.8%, high on Aug 14, 2026
Benchmark
What it tracksS&P SmallCap 600S&P 500 Index
Cost and size
Expense ratio0.06%0.03%
Net assets, as of Sep 30, 2026$102.6bn$1.0tn
Holdings
Holdings in common0%
Top ten holdings, share of the fund5.3%39.1%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
IJR VOO
Return
Total return edge VOO +506.8% +804.0%
Annualized edge VOO +11.8% +14.6%
Price return edge VOO +381.2% +575.9%
Risk
Volatility edge VOO 20.8% 15.9%
Max drawdown edge VOO −43.6% −31.8%
Downside capture 98.9% 99.9%
Beta 0.99 1.00
Risk-adjusted
Sharpe edge VOO 0.56 0.84
Sortino edge VOO 0.83 1.22
Treynor 0.097 0.134
Calmar edge VOO 0.27 0.46
Against the benchmark
Alpha +0.6% a year 0.0% a year
Alpha t-stat 0.91 0.51
Information ratio 0.20 0.02
Tracking error 2.4% 0.4%

Each against its own benchmark: IJR against SPSM, Jul 19, 2013 to Oct 23, 2026; VOO against IVV, Sep 17, 2010 to Oct 23, 2026.

Reading

VOO returned more: +804.0% to +506.8%. VOO swung less: 15.9% to 20.8%. VOO fell less at its worst: −31.8% to −43.6%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: IJR vs VOO: Differences, Returns & Fees
MeasureIJRVOOEdgeHow it is measured
Return
Total return+506.8%+804.0%VOOPrice change plus distributions, reinvested.
Annualized+11.8%+14.6%VOOTotal return as a yearly rate.
Price return+381.2%+575.9%VOOPrice change alone, distributions left out.
Risk
Volatility20.8%15.9%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.2%10.9%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−43.6%−31.8%VOODeepest fall from a high to the low after it.
Upside capture98.7%99.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture98.9%99.9%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.991.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.991.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.560.84VOOReturn above Treasury bills per unit of volatility.
Sortino0.831.22VOOReturn above Treasury bills per unit of downside deviation.
Treynor0.0970.134Return above Treasury bills per unit of beta.
Calmar0.270.46VOOAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPSMIVVThe ETF each fund is measured against.
Alpha+0.6% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.910.51Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.7% to +1.9%−0.1% to +0.2%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.200.02Return against its benchmark per unit of tracking error.
Tracking error2.4%0.4%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, IJR and VOO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IJR VOO
Only in one fund ↓
Only in IJR
GLAUKOS 0.61%
PAYCOM SOFTWARE 0.57%
MATCH GROUP INC 0.57%
VIASAT INC 0.55%
SM ENERGY 0.53%
PROTAGONIST THERAPEUTICS 0.52%
RYMAN HOSPITALITY PROPERTIES REIT 0.51%
JACKSON FINANCIAL CLASS A 0.48%
Only in VOO
NVIDIA Corp 8.40%
Apple Inc 7.39%
Microsoft Corp 5.79%
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Broadcom Inc 2.54%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
Check overlap with more funds →

Side by side

IJR iShares Core S&P Small-Cap ETF VOO Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P SmallCap 600 Tracks the S&P 500
Total return, 1 year +17.5% +13.7%
Its benchmark over the same days +17.6% (SPSM) +13.7% (IVV)
Gap to its benchmark −0.1 pts vs SPSM 0.0 pts vs IVV
Expense ratio 0.06% 0.03%
Already in the S&P 500 0.0% 99.7%
Holdings 642 507
Net assets, IJR as of Oct 27, 2026 and VOO as of Sep 30, 2026 $104.6bn $1.0tn

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

Client brief · page 1 of 2 Report BR-750274C8BA

IJR and VOO do different jobs. What does each one do in a portfolio?

  1. What each follows. IJR follows S&P SmallCap 600 and VOO follows S&P 500 Index.
  2. Holdings in common. 0% 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 VOO +13.7% with distributions reinvested, a gap of 3.8 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.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, IJR or VOO?
In the year to Oct 28, 2026, with distributions reinvested, IJR returned +17.5% and VOO +13.7%.
Which is cheaper, IJR or VOO?
VOO 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 VOO overlap with the S&P 500?
By their latest filed holdings, 0% of IJR and 100% of VOO by weight is stocks the S&P 500 already holds.
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ETFIQ, IJR against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ijr-vs-voo

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