Data as of Oct 28, 2026.

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SLYG vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SLYG returned +15.6% to VTWO's +14.3%; 31% of their weight is in the same names.

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Net assets: $4.7bn on Oct 27, 2026 for State Street SPDR S & P 600 Small Cap Growth ETF, and $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

At a glance
+15.6%
SLYG total return, 1 year
+14.3%
VTWO total return, 1 year
0.15%
SLYG expense ratio
0.06%
VTWO expense ratio

Pair scorecard

VTWO costs 0.09 points a year less; their one-year returns differ by 1.3 points; VTWO is 3.5 times larger.

SLYG vs VTWO: Differences, Returns & Fees
MeasureSLYGVTWO
Return
Total return, 1 year+15.6%+14.3%
Drawdown
Below its high8.2%, high on Aug 4, 20267.5%, high on Aug 14, 2026
Benchmark
What it tracksS&P SmallCap 600 Growth IndexRussell 2000 Index
Cost and size
Expense ratio0.15%0.06%
Net assets, as of Sep 30, 2026$4.7bn$16.6bn
Holdings
Holdings in common31%
Top ten holdings, share of the fund9.7%5.4%

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

Risk and return

Oct 1, 2010 to Oct 23, 2026 · 838 weekly returns
SLYG VTWO
Return
Total return edge SLYG +507.0% +409.2%
Annualized edge SLYG +11.8% +10.6%
Price return edge SLYG +359.0% +315.9%
Risk
Volatility edge SLYG (slight) 20.6% 21.0%
Max drawdown edge VTWO (slight) −41.3% −40.2%
Downside capture 101.5% 99.5%
Beta 1.01 0.99
Risk-adjusted
Sharpe edge SLYG 0.57 0.51
Sortino edge SLYG 0.84 0.74
Treynor 0.082 0.108
Calmar edge SLYG (slight) 0.29 0.26
Against the benchmark
Alpha −1.3% a year +0.1% a year
Alpha t-stat −1.04 0.46
Information ratio −0.19 0.02
Tracking error 6.6% 1.0%

Each against its own benchmark: SLYG against IJT, Oct 13, 2000 to Oct 23, 2026; VTWO against IWM, Oct 1, 2010 to Oct 23, 2026.

Reading

SLYG returned more: +507.0% to +409.2%. SLYG swung slightly less: 20.6% to 21.0%. VTWO fell slightly less at its worst: −40.2% to −41.3%.

Full scorecard

19 measures, with how each is measured
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Risk and return: SLYG vs VTWO: Differences, Returns & Fees
MeasureSLYGVTWOEdgeHow it is measured
Return
Total return+507.0%+409.2%SLYGPrice change plus distributions, reinvested.
Annualized+11.8%+10.6%SLYGTotal return as a yearly rate.
Price return+359.0%+315.9%SLYGPrice change alone, distributions left out.
Risk
Volatility20.6%21.0%SLYG (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation14.0%14.5%SLYG (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−41.3%−40.2%VTWO (slight)Deepest fall from a high to the low after it.
Upside capture99.9%98.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture101.5%99.5%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.010.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.921.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.570.51SLYGReturn above Treasury bills per unit of volatility.
Sortino0.840.74SLYGReturn above Treasury bills per unit of downside deviation.
Treynor0.0820.108Return above Treasury bills per unit of beta.
Calmar0.290.26SLYG (slight)Annualized return divided by the max drawdown.
Against the benchmark
BenchmarkIJTIWMThe ETF each fund is measured against.
Alpha−1.3% a year+0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−1.040.46Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−3.9% to +1.2%−0.4% to +0.6%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.190.02Return against its benchmark per unit of tracking error.
Tracking error6.6%1.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 838 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

31%

By the books each fund has filed, SLYG and VTWO hold 31% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

31% in common

Positions both hold · largest shared weight first SLYG VTWO
GLAUKOS CORP 0.90% 0.31%
VIASAT INC 1.18% 0.30%
PROTAGONIST THERAPEUTICS INC 1.11% 0.28%
RYMAN HOSPITALITY PROPERTIES 1.10% 0.27%
TG THERAPEUTICS INC 0.98% 0.27%
MAXLINEAR INC 0.33% 0.26%
PLEXUS CORP 0.33% 0.23%
STONEX GROUP INC 0.74% 0.23%
ESCO TECHNOLOGIES INC 0.75% 0.23%
ZURN ELKAY WATER SOLUTIONS C 0.89% 0.23%
TERRENO REALTY CORP 0.61% 0.23%
ALKERMES PLC 0.91% 0.22%
Only in one fund ↓
Only in SLYG
ETSY INC 0.91%
ARMSTRONG WORLD INDUSTRIES 0.80%
LYFT INC A 0.78%
MSG KNICKERBOCKERS CORP 0.64%
EVERUS CONSTRUCTION GROUP 0.64%
KARMAN HOLDINGS INC 0.57%
POWELL INDUSTRIES INC 0.57%
VIRTU FINANCIAL INC CLASS A 0.56%
Only in VTWO
SLBBH1142 2.36%
Twist Bioscience Corp 0.42%
Moog Inc 0.36%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
UMB Financial Corp 0.32%
BrightSpring Health Services Inc 0.31%
Cytokinetics Inc 0.29%
Check overlap with more funds →

Side by side

SLYG State Street SPDR S & P 600 Small Cap Growth ETF VTWO Vanguard Russell 2000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the Russell 2000
Total return, 1 year +15.6% +14.3%
Its benchmark over the same days +15.4% (IJT) +14.1% (IWM)
Gap to its benchmark +0.2 pts vs IJT +0.2 pts vs IWM
Expense ratio 0.15% 0.06%
Already in the S&P 500 0.0% 0.5%
Holdings 350 2002
Net assets, SLYG as of Oct 27, 2026 and VTWO as of Sep 30, 2026 $4.7bn $16.6bn

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

Client brief · page 1 of 2 Report BR-401EF902A6

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

  1. What each follows. SLYG follows S&P SmallCap 600 Growth Index and VTWO follows Russell 2000 Index.
  2. Holdings in common. 31% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. Number of holdings. SLYG holds 350 positions and VTWO holds 2002.

Data as of Oct 28, 2026.

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About each fund
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.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SLYG or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, SLYG returned +15.6% and VTWO +14.3%.
Which is cheaper, SLYG or VTWO?
VTWO 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 SLYG and VTWO overlap with the S&P 500?
By their latest filed holdings, 0% of SLYG and 0% of VTWO by weight is stocks the S&P 500 already holds.
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ETFIQ, SLYG against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/slyg-vs-vtwo

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