IJT vs. VTWG

Last updated Jun 24, 2026

IJT (iShares S&P SmallCap 600 Growth ETF) and VTWG (Vanguard Russell 2000 Growth ETF) are both Small Cap Growth Equities funds - IJT tracks the S&P SmallCap 600 Growth Index while VTWG tracks the Russell 2000 Growth Index. Both are passively managed. Over the past 10 years, IJT returned 11.60%/yr vs 12.12%/yr for VTWG. Their correlation of 0.93 suggests significant overlap in exposure. IJT charges 0.18%/yr vs 0.06%/yr for VTWG.

Performance

IJT vs. VTWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P SmallCap 600 Growth ETF (IJT) and Vanguard Russell 2000 Growth ETF (VTWG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with IJT having a 21.22% return and VTWG slightly lower at 20.43%. Both investments have delivered pretty close results over the past 10 years, with IJT having a 11.60% annualized return and VTWG not far ahead at 12.12%.

IJT

• 1D: -0.43%
• 1M: 5.51%
• YTD: 21.22%
• 6M: 17.80%
• 1Y: 31.64%
• 3Y*: 16.70%
• 5Y*: 6.16%
• 10Y*: 11.60%

VTWG

• 1D: -1.45%
• 1M: 4.36%
• YTD: 20.43%
• 6M: 16.97%
• 1Y: 40.10%
• 3Y*: 19.34%
• 5Y*: 5.29%
• 10Y*: 12.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IJT vs. VTWG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJT iShares S&P SmallCap 600 Growth ETF	21.22%	5.26%	9.33%	17.11%	-21.32%	22.37%	19.22%	20.98%	-4.40%	14.47%
VTWG Vanguard Russell 2000 Growth ETF	20.43%	13.07%	15.15%	18.90%	-26.49%	2.84%	34.72%	28.75%	-9.45%	22.27%

Correlation

The correlation between IJT and VTWG is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010	0.93

The correlation between IJT and VTWG has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

IJT vs. VTWG - Sectors Allocation Comparison

Sectors	IJT	VTWG
Technology	21.2%	25.8%
Industrials	18.7%	23.1%
Healthcare	14.7%	22.0%
Financial Services	13.5%	7.8%
Consumer Cyclical	10.7%	7.1%
Real Estate	6.5%	2.0%
Energy	3.8%	3.1%
Consumer Defensive	3.3%	2.3%
Basic Materials	3.0%	4.0%
Communication Services	2.9%	2.2%
Utilities	1.7%	0.6%

Return for Risk

IJT vs. VTWG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IJT

IJT Risk / Return Rank: 61
IJT Sharpe Ratio Rank: 55
IJT Sortino Ratio Rank: 57
IJT Omega Ratio Rank: 51
IJT Calmar Ratio Rank: 73
IJT Martin Ratio Rank: 69

VTWG

VTWG Risk / Return Rank: 54
VTWG Sharpe Ratio Rank: 56
VTWG Sortino Ratio Rank: 54
VTWG Omega Ratio Rank: 48
VTWG Calmar Ratio Rank: 57
VTWG Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IJT vs. VTWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Growth ETF (IJT) and Vanguard Russell 2000 Growth ETF (VTWG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IJT	VTWG	Difference
Sharpe ratio: Return per unit of total volatility	1.78	1.80	-0.03
Sortino ratio: Return per unit of downside risk	2.61	2.48	+0.14
Omega ratio: Gain probability vs. loss probability	1.31	1.30	+0.01
Calmar ratio: Return relative to maximum drawdown	3.50	2.71	+0.79
Martin ratio: Return relative to average drawdown	12.23	9.72	+2.51

IJT vs. VTWG - Sharpe Ratio Comparison

The current IJT Sharpe Ratio is 1.78, which is comparable to the VTWG Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of IJT and VTWG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IJT vs. VTWG - Drawdown Comparison

The maximum IJT drawdown since its inception was -57.61%, which is greater than VTWG's maximum drawdown of -42.07%. Use the drawdown chart below to compare losses from any high point for IJT and VTWG.

Drawdown Indicators

	IJT	VTWG	Difference
Max Drawdown Largest peak-to-trough decline	-57.61%	-42.07%	-15.54%
Max Drawdown (1Y) Largest decline over 1 year	-9.08%	-14.88%	+5.80%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	-28.58%	+1.17%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-40.49%	+11.25%
Max Drawdown (10Y) Largest decline over 10 years	-42.03%	-42.07%	+0.04%
Current Drawdown Current decline from peak	-0.43%	-1.45%	+1.02%
Average Drawdown Average peak-to-trough decline	-10.29%	-10.50%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	4.14%	-1.55%

Volatility

IJT vs. VTWG - Volatility Comparison

The current volatility for iShares S&P SmallCap 600 Growth ETF (IJT) is 5.32%, while Vanguard Russell 2000 Growth ETF (VTWG) has a volatility of 7.82%. This indicates that IJT experiences smaller price fluctuations and is considered to be less risky than VTWG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJT	VTWG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	7.82%	-2.50%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	16.92%	-3.92%
Volatility (1Y) Calculated over the trailing 1-year period	17.93%	22.34%	-4.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.55%	24.67%	-3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.02%	24.27%	-1.25%

IJT vs. VTWG - Expense Ratio Comparison

IJT has a 0.18% expense ratio, which is higher than VTWG's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IJT vs. VTWG - Dividend Comparison

IJT's dividend yield for the trailing twelve months is around 0.71%, more than VTWG's 0.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJT iShares S&P SmallCap 600 Growth ETF	0.71%	0.91%	1.06%	1.02%	1.08%	0.63%	0.68%	0.92%	0.92%	0.86%	1.03%	1.14%
VTWG Vanguard Russell 2000 Growth ETF	0.59%	0.64%	0.55%	0.79%	0.71%	0.54%	0.48%	0.72%	0.72%	0.64%	0.96%	0.72%

Frequently Asked Questions

Can I hold both IJT and VTWG in my portfolio?

With a correlation of 0.91, IJT and VTWG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, IJT or VTWG?

VTWG has higher volatility (7.82%) compared to IJT (5.32%). In terms of maximum drawdown, IJT dropped -57.61% vs VTWG's -42.07%.

Which ETF is better, IJT or VTWG?

On 10-year performance, VTWG leads with 12.12% vs 11.60% for IJT. On fees, VTWG is cheaper at 0.06% per year. On volatility, IJT has been the lower-risk option at 5.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IJT or VTWG?

Over the 10-year period, VTWG has performed better with a 12.12% return vs 11.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IJT or VTWG?

VTWG is cheaper with a 0.06% expense ratio, compared with 0.18% for IJT.

Which ETF pays a higher dividend yield, IJT or VTWG?

IJT has the higher dividend yield at 0.71%, compared with 0.59% for VTWG.

What is the main difference between IJT and VTWG?

IJT tracks S&P SmallCap 600 Growth Index, while VTWG tracks Russell 2000 Growth Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.18% for IJT and 0.06% for VTWG.

Which has better risk-adjusted returns?

VTWG currently has the higher Sharpe Ratio (1.80 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.