Data as of Oct 28, 2026.

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IJT vs SMLF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IJT returned +15.4% to SMLF's +14.8%; 15% of their weight is in the same names.

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Net assets on Oct 27, 2026: $7.5bn for iShares S&P Small-Cap 600 Growth ETF and $4.2bn for iShares U.S. Small-Cap Equity Factor ETF.

At a glance
+15.4%
IJT total return, 1 year
+14.8%
SMLF total return, 1 year
0.18%
IJT expense ratio
0.15%
SMLF expense ratio

Pair scorecard

SMLF costs 0.03 points a year less; their one-year returns differ by 0.6 points; IJT is 1.8 times larger.

IJT vs SMLF: Differences, Returns & Fees
MeasureIJTSMLF
Return
Total return, 1 year+15.4%+14.8%
Drawdown
Below its high8.2%, high on Aug 4, 20265.2%, high on Aug 14, 2026
Benchmark
What it tracksS&P SmallCap 600 Growth IndexSTOXX U.S. Small-Cap Equity Factor Index
Cost and size
Expense ratio0.18%0.15%
Net assets, as of Oct 27, 2026$7.5bn$4.2bn
Holdings
Holdings in common15%
Top ten holdings, share of the fund9.6%6.4%

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

Risk and return

May 8, 2015 to Oct 23, 2026 · 598 weekly returns
IJT SMLF
Return
Total return edge SMLF +181.0% +225.7%
Annualized edge SMLF +9.4% +10.8%
Price return edge SMLF +151.6% +183.9%
Risk
Volatility edge SMLF (slight) 21.7% 21.0%
Max drawdown edge SMLF (slight) −41.6% −40.4%
Risk-adjusted
Sharpe edge SMLF 0.42 0.49
Sortino edge SMLF 0.61 0.70
Calmar edge SMLF 0.23 0.27
Reading

SMLF returned more: +225.7% to +181.0%. SMLF swung slightly less: 21.0% to 21.7%. SMLF fell slightly less at its worst: −40.4% to −41.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IJT vs SMLF: Differences, Returns & Fees
MeasureIJTSMLFEdgeHow it is measured
Return
Total return+181.0%+225.7%SMLFPrice change plus distributions, reinvested.
Annualized+9.4%+10.8%SMLFTotal return as a yearly rate.
Price return+151.6%+183.9%SMLFPrice change alone, distributions left out.
Risk
Volatility21.7%21.0%SMLF (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation15.0%14.6%SMLF (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−41.6%−40.4%SMLF (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.420.49SMLFReturn above Treasury bills per unit of volatility.
Sortino0.610.70SMLFReturn above Treasury bills per unit of downside deviation.
Calmar0.230.27SMLFAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 598 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, IJT and SMLF hold 15% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

15% in common

Positions both hold · largest shared weight first IJT SMLF
ETSY 0.91% 0.32%
ALKERMES 0.90% 0.29%
MACERICH REIT 0.44% 0.28%
RINGCENTRAL CLASS A 0.45% 0.27%
AMERICAN STATES WATER 0.27% 0.26%
CLEAR SECURE CLASS A 0.53% 0.24%
WORKIVA CLASS A 0.41% 0.23%
AXOS FINANCIAL 0.64% 0.23%
ELEMENT SOLUTIONS INC 0.49% 0.23%
HCI GROUP INC 0.25% 0.23%
TANGER 0.34% 0.22%
LYFT CLASS A 0.77% 0.22%
Only in one fund ↓
Only in IJT
ZURN ELKAY WATER SOLUTIONS CORP 0.88%
ARMSTRONG WORLD INDUSTRIES 0.80%
ESCO TECHNOLOGIES 0.75%
CASELLA WASTE SYSTEMS CLASS A 0.71%
JBT MAREL 0.68%
MSG KNICKERBOCKERS CLASS A 0.64%
TERRENO REALTY REIT 0.60%
GRANITE CONSTRUCTION 0.59%
Only in SMLF
EMCOR GROUP 0.81%
EVERPURE INC CLASS A 0.72%
NVENT ELECTRIC PLC 0.72%
JABIL 0.69%
WILLIAMS SONOMA INC 0.68%
RELIANCE STEEL & ALUMINUM 0.61%
FLEX LTD 0.58%
GUARDANT HEALTH 0.55%
Check overlap with more funds →

Side by side

IJT iShares S&P Small-Cap 600 Growth ETF SMLF iShares U.S. Small-Cap Equity Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Small-Cap 600 Growth Tracks an index
Total return, 1 year +15.4% +14.8%
Its benchmark over the same days +15.6% (SLYG) not measured
Gap to its benchmark −0.2 pts vs SLYG not measured
Expense ratio 0.18% 0.15%
Already in the S&P 500 0.0% 10.6%
Holdings 369 962
Net assets, as of Oct 27, 2026 $7.5bn $4.2bn

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

Client brief · page 1 of 2 Report BR-251E3820D9

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

  1. What each follows. IJT follows S&P SmallCap 600 Growth Index and SMLF follows STOXX U.S. Small-Cap Equity Factor Index.
  2. Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 IJT returned +15.4% and SMLF +14.8% with distributions reinvested, a gap of 0.6 points.

Data as of Oct 28, 2026.

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About each fund
IJT

IJT tracks the S&P Small-Cap 600 Growth. Over the year to Oct 28, 2026 it returned +15.4% with distributions reinvested, against +15.6% for its benchmark, the S&P SmallCap 600 Growth Index. The prospectus expense ratio is 0.18% 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 369 positions, with the top ten at 9.6%. It sat 8.2% below its high of Aug 4, 2026 on Oct 28, 2026.

SMLF

SMLF tracks an index. Over the year to Oct 28, 2026 it returned +14.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 11% of the fund by weight is stocks the S&P 500 also holds, across 962 positions, with the top ten at 6.4%. It sat 5.2% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IJT or SMLF?
In the year to Oct 28, 2026, with distributions reinvested, IJT returned +15.4% and SMLF +14.8%.
Which is cheaper, IJT or SMLF?
SMLF 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 IJT and SMLF overlap with the S&P 500?
By their latest filed holdings, 0% of IJT and 11% of SMLF by weight is stocks the S&P 500 already holds.
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ETFIQ, IJT against SMLF, data as of Oct 28, 2026. https://etfiq.com/compare/any/ijt-vs-smlf

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