ETF Versus

IJR vs VB

iShares Core S&P Small-Cap ETF vs Vanguard Small-Cap Index Fund ETF Shares

Last updated: 2026-04-02

IJR iShares

iShares Core S&P Small-Cap ETF (IJR) is an exchange-traded fund issued by iShares that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a low expense ratio of 0.06%. The fund offers a moderate dividend yield of 1.28%. Launched in 2000, the fund has a 26-year track record.

AUM: $90.2B ER: 0.06% Yield: 1.28% Since: May 22, 2000
VB Vanguard

Vanguard Small-Cap Index Fund ETF Shares (VB) is an exchange-traded fund issued by Vanguard that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.33%. Launched in 2004, the fund has a 22-year track record.

AUM: $69.1B ER: 0.03% Yield: 1.33% Since: Jan 26, 2004

Quick Verdict

VB has a slightly lower expense ratio (0.03% vs 0.06%), saving about $60 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (19.2% vs 18.4%), tracking closely.

Key Metrics

Metric IJR VB
Expense Ratio 0.06% 0.03%
Dividend Yield 1.3% 1.3%
Fund Family iShares Vanguard
Category US Small Cap US Small Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

75 86 97 108 119 130 2021-04 2022-06 2023-09 2024-12 2026-04
IJR +13.0%
VB +20.7%

Performance Comparison

Period IJR VB Difference
1 Month -4.33% -5.50% +1.17%
3 Months +2.92% +0.71% +2.21%
6 Months +4.03% +2.15% +1.88%
YTD +2.92% +0.71% +2.21%
1 Year +19.20% +18.40% +0.80%
3 Years +29.06% +39.02% -9.96%
5 Years +12.98% +20.71% -7.73%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IJR Fees VB Fees You Save
$10.000 10 years $120 $60 $60
$10.000 20 years $515 $258 $257
$10.000 30 years $1.664 $835 $828
$50.000 10 years $598 $299 $299
$50.000 30 years $8.318 $4.176 $4.142
$100.000 30 years $16.637 $8.352 $8.285

Risk Metrics

Based on 5 years of daily returns

Metric IJR VB
Annualized Volatility 21.6% 20.8%
Max Drawdown -28.9% -28.8%
Sharpe Ratio 0.01 0.07

Dividend Comparison

Metric IJR VB
Annual Dividend (per share) $1.60 $3.50
Dividend Yield 1.28% 1.33%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

IJR Top Holdings

NameWeight
BLK CSH FND TREASURY SL AGENCYXTSLA1.37%
Eastman Chemical CompanyEMN0.54%
Viavi Solutions Inc.VIAV0.53%
Argan, Inc.AGX0.52%
Primoris Services CorporationPRIM0.52%
FormFactor, Inc.FORM0.51%
Element Solutions IncESI0.51%
LKQ CorporationLKQ0.50%
SM Energy CompanySM0.49%
ESCO Technologies Inc.ESE0.48%

VB Top Holdings

NameWeight
Sandisk CorporationSNDK1.21%
Comfort Systems USA, Inc.FIX0.65%
Lumentum Holdings Inc.LITE0.64%
Ciena CorporationCIEN0.64%
Coherent Corp.COHR0.53%
Rocket Lab CorporationRKLB0.48%
NRG Energy, Inc.NRG0.44%
Bloom Energy CorporationBE0.43%
EMCOR Group, Inc.EME0.42%

Which One Should You Choose?

Choose VB if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Either works if...

you just need broad us small cap exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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