SLYG vs IJT: Which Small-Cap Growth ETF Wins?
Both funds track identical small-cap growth stocks with nearly matching returns, but one charges less while the other holds more assets.
Overview
iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) and State Street SPDR S&P 600 Small Cap Growth ETF (NYSEMKT:SLYG) offer nearly identical exposure to small-cap growth, differing primarily in their expense ratios and asset scale.
Small-cap growth stocks are often sought for their potential to deliver significant capital appreciation, though they typically carry higher volatility than their large-cap peers. Both funds target U.S. companies with smaller market capitalizations and strong growth characteristics, such as rising sales and earnings momentum. While they share similar DNA and tracking targets, subtle differences in costs, asset scale, and liquidity may influence which vehicle a small-cap investor chooses for their portfolio.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.