Data as of Oct 28, 2026.

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VIOG vs VIOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VIOG returned +15.8% to VIOO's +17.5%; 63% of their weight is in the same names.

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Net assets on Sep 30, 2026: $1.0bn for Vanguard S&P Small-Cap 600 Growth ETF and $4.0bn for Vanguard S&P Small-Cap 600 ETF.

At a glance
+15.8%
VIOG total return, 1 year
+17.5%
VIOO total return, 1 year
0.10%
VIOG expense ratio
0.07%
VIOO expense ratio

Pair scorecard

VIOO costs 0.03 points a year less; their one-year returns differ by 1.7 points; VIOO is 4.0 times larger.

VIOG vs VIOO: Differences, Returns & Fees
MeasureVIOGVIOO
Return
Total return, 1 year+15.8%+17.5%
Drawdown
Below its high8.2%, high on Aug 4, 20266.8%, high on Aug 14, 2026
Benchmark
What it tracksS&P SmallCap 600 Growth IndexS&P SmallCap 600 Index
Cost and size
Expense ratio0.10%0.07%
Net assets, as of Sep 30, 2026$1.0bn$4.0bn
Holdings
Holdings in common63%
Top ten holdings, share of the fund9.9%5.3%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
VIOG VIOO
Return
Total return edge VIOG (slight) +527.1% +508.7%
Annualized edge Tie +12.0% +11.8%
Price return edge VIOG (slight) +438.4% +401.2%
Risk
Volatility edge Tie 20.5% 20.7%
Max drawdown edge VIOG (slight) −41.3% −43.5%
Downside capture 99.5% 99.6%
Beta 0.99 0.99
Risk-adjusted
Sharpe edge VIOG (slight) 0.58 0.57
Sortino edge VIOG (slight) 0.85 0.84
Treynor 0.120 0.119
Calmar edge VIOG (slight) 0.29 0.27
Against the benchmark
Alpha +0.2% a year +0.1% a year
Alpha t-stat 0.29 0.24
Information ratio 0.01 0.00
Tracking error 2.1% 1.7%

Each against its own benchmark: VIOG against IJT, Sep 17, 2010 to Oct 23, 2026; VIOO against IJR, Sep 17, 2010 to Oct 23, 2026.

Reading

VIOG returned slightly more: +527.1% to +508.7%. VIOG and VIOO swung about the same: 20.5% and 20.7%. VIOG fell slightly less at its worst: −41.3% to −43.5%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: VIOG vs VIOO: Differences, Returns & Fees
MeasureVIOGVIOOEdgeHow it is measured
Return
Total return+527.1%+508.7%VIOG (slight)Price change plus distributions, reinvested.
Annualized+12.0%+11.8%TieTotal return as a yearly rate.
Price return+438.4%+401.2%VIOG (slight)Price change alone, distributions left out.
Risk
Volatility20.5%20.7%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.9%14.1%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−41.3%−43.5%VIOG (slight)Deepest fall from a high to the low after it.
Upside capture98.9%99.0%Share of its benchmark's rise caught in the weeks it rose.
Downside capture99.5%99.6%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.990.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.990.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.580.57VIOG (slight)Return above Treasury bills per unit of volatility.
Sortino0.850.84VIOG (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1200.119Return above Treasury bills per unit of beta.
Calmar0.290.27VIOG (slight)Annualized return divided by the max drawdown.
Against the benchmark
BenchmarkIJTIJRThe ETF each fund is measured against.
Alpha+0.2% a year+0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.290.24Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−0.9% to +1.2%−0.7% to +0.9%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.010.00Return against its benchmark per unit of tracking error.
Tracking error2.1%1.7%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

63%

By the books each fund has filed, VIOG and VIOO hold 63% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

63% in common

Positions both hold · largest shared weight first VIOG VIOO
FormFactor Inc 1.42% 0.68%
Viasat Inc 1.18% 0.56%
Glaukos Corp 0.81% 0.56%
Qorvo Inc 0.72% 0.55%
Protagonist Therapeutics Inc 1.11% 0.53%
Element Solutions Inc 0.51% 0.48%
Ryman Hospitality Properties Inc 0.99% 0.47%
TG Therapeutics Inc 0.96% 0.46%
Ralliant Corp 0.48% 0.44%
Life Time Group Holdings Inc 0.66% 0.44%
Arcosa Inc 0.56% 0.42%
Terreno Realty Corp 0.60% 0.41%
Only in one fund ↓
Only in VIOG
Only in VIOO
Match Group Inc 0.53%
Paycom Software Inc 0.49%
Jackson Financial Inc 0.47%
SM Energy Co 0.47%
CarMax Inc 0.45%
Eastman Chemical Co 0.43%
Victoria's Secret & Co 0.41%
Lincoln National Corp 0.40%
Check overlap with more funds →

Side by side

VIOG Vanguard S&P Small-Cap 600 Growth ETF VIOO Vanguard S&P Small-Cap 600 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +15.8% +17.5%
Its benchmark over the same days +15.4% (IJT) +17.5% (IJR)
Gap to its benchmark +0.4 pts vs IJT 0.0 pts vs IJR
Expense ratio 0.10% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 351 607
Net assets, as of Sep 30, 2026 $1.0bn $4.0bn

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

Client brief · page 1 of 2 Report BR-11FC8FFBB2

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

  1. What each follows. VIOG follows S&P SmallCap 600 Growth Index and VIOO follows S&P SmallCap 600 Index.
  2. Size. VIOG has $1.0bn in net assets and VIOO $4.0bn (net assets, as of Sep 30, 2026); VIOO is 4.0 times larger.
  3. Holdings in common (similar). 63% of the weight is in the same securities (holdings dated Sep 30, 2026).

Data as of Oct 28, 2026.

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About each fund
VIOG

VIOG tracks an index. Over the year to Oct 28, 2026 it returned +15.8% with distributions reinvested, against +15.4% for its benchmark, the S&P SmallCap 600 Growth Index. The prospectus expense ratio is 0.10% 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 351 positions, with the top ten at 9.9%. It sat 8.2% below its high of Aug 4, 2026 on Oct 28, 2026.

VIOO

VIOO tracks an index. Over the year to Oct 28, 2026 it returned +17.5% with distributions reinvested, against +17.5% for its benchmark, the S&P SmallCap 600 Index. The prospectus expense ratio is 0.07% 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 607 positions, with the top ten at 5.3%. It sat 6.8% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VIOG or VIOO?
In the year to Oct 28, 2026, with distributions reinvested, VIOG returned +15.8% and VIOO +17.5%.
Which is cheaper, VIOG or VIOO?
VIOO 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 VIOG and VIOO overlap with the S&P 500?
By their latest filed holdings, 0% of VIOG and 0% of VIOO by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, VIOG against VIOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/viog-vs-vioo

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