IVOV vs SMIG: how they differ
IVOV and SMIG hold 5% of their weight in the same names, and IVOV returned +10.4% over the year. Vanguard S&P Mid-Cap 400 Value ETF and Bahl & Gaynor Small/Mid Cap Income Growth ETF.
IVOV costs 0.50 points a year less; their one-year returns differ by 0.7 points; SMIG is 1.2 times larger.
| IVOV | SMIG | |
|---|---|---|
| Expense ratio | 0.10% | 0.60% |
| Net assets, IVOV as of Sep 30, 2026 and SMIG as of Jun 30, 2026 | $1.2bn | $1.5bn |
| Total return, 1 year | +10.4% | +9.7% |
| Holdings in common | 5% | |
| Nasdaq-100, total return, 1 year | +23.6% | |
| Top ten holdings, share of the fund | 10.5% | 42.3% |
| Below its high | 7.1%, high on Aug 14, 2026 | 6.4%, high on Aug 14, 2026 |
Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026.
What they hold in common
By the books each fund has filed, IVOV and SMIG hold 5% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Aug 31, 2026.
half
5% in common
On the same fields
IVOV and SMIG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
IVOV in plain words
IVOV tracks an index. Over the year to Oct 9, 2026 it returned +10.4% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer as of Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 299 positions, with the top ten at 10.5%. It sat 7.1% below its high of Aug 14, 2026 on Oct 9, 2026.
SMIG in plain words
SMIG is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +9.7% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.60% a year. By its holdings filed for Jun 30, 2026, 35% of the fund by weight is stocks the S&P 500 also holds, across 38 positions, with the top ten at 42.3%. It sat 6.4% below its high of Aug 14, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, IVOV or SMIG?
- In the year to Oct 9, 2026, with distributions reinvested, IVOV returned +10.4% and SMIG +9.7%.
- Which is cheaper, IVOV or SMIG?
- IVOV is cheaper, by 0.50 percentage points a year. On $10,000 held for a year that difference is about $50. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
ETFIQ, IVOV against SMIG, data as of Oct 9, 2026. https://etfiq.com/compare/any/ivov-vs-smig
ETFIQ. (Oct 9, 2026). IVOV against SMIG. Retrieved from https://etfiq.com/compare/any/ivov-vs-smig
[IVOV against SMIG (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/ivov-vs-smig)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.