IJR vs VONG: 0% overlap

iShares Core S&P Small-Cap ETF and Vanguard Russell 1000 Growth ETF share 0.4% of their portfolios by weight — computed as Σ min(wA, wB) over every holding both funds own.

Different holding dates. These holdings were published 27 days apart — VONG as of 2026-06-30, the rest through 2026-07-27. Each fund is compared using its most recent file, so any trading in between shows up as a difference.

Hold both, 50/50
2.0Effective Funds

You would hold two tickers and get the diversification of 2.0. Two funds that shared nothing would score 2.0; two identical funds score 1.0.

Overlap
0.4%
IJR expense ratio
0.06%
VONG expense ratio
0.06%

Top shared holdings

IJR and VONG hold 15 of the same securities. The ten contributing most to the overlap figure:

Holdingin IJRin VONGΔ
CASH2.0%0.3%1.7%
FORM0.4%0.0%0.4%
CORT0.5%0.0%0.5%
POWL0.3%0.0%0.3%
ECG0.4%0.0%0.3%
ETSY0.4%0.0%0.4%
MSGS0.4%0.0%0.4%
KRMN0.3%0.0%0.2%
AWI0.4%0.0%0.4%
IRDM0.3%0.0%0.3%

Where IJR and VONG differ

Sector weights as a share of each fund, ordered by the size of the gap rather than the size of the sector — two funds that overlap heavily still usually diverge somewhere.

SectorIJRVONGΔ
Information Technology11.9%54.3%42.4pp
Financials19.3%4.3%+15.0pp
Communication Services3.7%16.1%12.4pp
Industrials18.5%8.8%+9.7pp
Consumer Discretionary14.3%8.2%+6.1pp
Real Estate6.4%0.4%+6.0pp
Health Care10.5%5.4%+5.1pp
Energy5.2%0.4%+4.8pp

Δ is IJR minus VONG, in percentage points. Sector data is not published by every issuer, so “Unclassified” is a real category rather than a gap in the table.

What each fund holds alone

Only in IJR
587 positions

95.1% of IJR by weight, held in no part of VONG.

Only in VONG
355 positions

99.6% of VONG by weight, held in no part of IJR.

A large count with a small weight is the usual shape: the positions one fund adds are typically its smallest ones.

Concentration and cost

IJRVONG
Top 10 holdings6.4%54.3%
Positions held603370
Cost per $10,000 held, per year$6$6

Cost is the expense ratio applied to $10,000; it excludes any brokerage commission, bid-ask spread or tax consequence. Figures are facts about the funds, not a suggestion about which to hold.

Frequently asked

How much do IJR and VONG overlap?

IJR and VONG overlap 0.4% by portfolio weight — largely distinct portfolios. They share 15 holdings. The figure comes from current issuer holdings files (IJR as of 2026-07-27, VONG as of 2026-06-30).

How is the overlap between IJR and VONG calculated?

As the sum of the smaller weight in each fund, over every holding both funds own: Σ min(wA, wB). If IJR holds a stock at 6% and VONG holds the same stock at 4%, 4% counts as shared. The result is bounded between 0% and 100%, and it is computed after looking through any fund-of-funds to the underlying holdings.

Is it redundant to hold both IJR and VONG?

That depends on your goals — we state facts, not advice. At 0.4% overlap, each fund still contributes meaningfully distinct exposure.

What does IJR own that VONG doesn't?

IJR holds 603 positions and VONG holds 370; 587 of IJR's positions don't appear in VONG at all, and they are 95.1% of IJR by weight.

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Related comparisons

Sources: issuer holdings files, IJR as of 2026-07-27, VONG as of 2026-06-30. Weights are fractions of each fund. Diagnostics, not advice.