Best Small-Cap ETFs
Which small-cap ETFs does ETF Copilot list today? As of October 28, 2026, ETF Copilot's Best Small-Cap ETFs list holds five funds, largest first by assets: VB, IJR, IWM, VBR and VBK. Expense ratios across the five run from 0.03% to 0.19% a year, and their ETF Copilot overall scores run from 3.4 to 4.4.
Updated October 28, 2026
What stands out across Small-Cap ETFs
Expense ratios across the 5 small-cap ETFs listed run from 0.03% to 0.19% a year, a median of 0.05%. VB is the cheapest of the 5.
Across the 5 funds shown, ETF Copilot's overall scores run from 3.4 to 4.4 out of 10, with a median of 3.5.
Concentration varies widely among the 5 small-cap ETFs listed: the ten largest holdings account for 3% of assets in the least concentrated fund and 11% in the most, a median of 6% across the list.
2 of 5 are more concentrated than the typical fund in their own category, on ETF Copilot's concentration measure.
The typical fund among the 5 small-cap ETFs listed behaves like 447 equally weighted positions once holding weights are taken into account.
As of October 28, 2026, the largest fund on ETF Copilot's Best Small-Cap ETFs list by assets is Vanguard Morningstar Small-Cap ETF (VB).
What are the Best Small-Cap ETFs? The 5 on this list
| # | Fund | ETF Copilot score | Expense ratio | Assets | Top 10 weight | Largest exposures |
|---|---|---|---|---|---|---|
| 1 | Vanguard Morningstar Small-Cap ETF (VB) | 3.7/10 | 0.03% | $178.1B | 5% | Tech 18%, Semiconductors 3% |
| 2 | iShares Core S&P Small-Cap ETF (IJR) | 3.4/10 | 0.06% | $104.6B | 7% | Tech 15%, Semiconductors 2% |
| 3 | iShares Russell 2000 ETF (IWM) | 3.5/10 | 0.19% | $75.6B | 3% | Tech 15%, Semiconductors 2% |
| 4 | Vanguard Morningstar Small-Cap Value ETF (VBR) | 3.5/10 | 0.05% | $64.5B | 6% | Tech 11%, Semiconductors 1% |
| 5 | Vanguard Morningstar Small-Cap Growth ETF (VBK) | 4.4/10 | 0.05% | $43.9B | 11% | Tech 26%, Semiconductors 6% |
ETF Copilot's 0–10 score rates a fund on value, growth, quality and risk against every US equity ETF we track. How the scores are built →
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Which Small-Cap ETFs are compared head to head?
Every published head-to-head between two Small-Cap ETFs, the most searched first.
- IJR vs VB
- IWM vs IJR
- IWM vs VB
- IJR vs VBR
- IWM vs VBR
- VB vs VBR
- IJR vs VBK
- IWM vs VBK
- VB vs VBK
- VBR vs VBK
- AVUV vs IJR
- AVUV vs IWM
- AVUV vs VB
- AVUV vs VBK
- AVUV vs VBR
- AVUV vs SCHA
- IJR vs IWM vs SCHA vs VB
- IJR vs SCHA
- IWM vs SCHA
- SCHA vs VB
- SCHA vs VBK
- SCHA vs VBR
- AVUV vs VTWO
- IJR vs VTWO
- IWM vs VTWO
- SCHA vs VTWO
- VB vs VTWO
- VBK vs VTWO
- VBR vs VTWO
- AVUV vs SPSM
- IJR vs SPSM
- IWM vs SPSM
- SCHA vs SPSM
- SPSM vs VB
- SPSM vs VBK
- SPSM vs VBR
- SPSM vs VTWO
- AVUV vs DFAS
- DFAS vs IJR
- DFAS vs IWM
- DFAS vs SCHA
- DFAS vs SPSM
- DFAS vs VB
- DFAS vs VBK
- DFAS vs VBR
- DFAS vs VTWO
- IWN vs VBR
Where is money going in US Small Cap?
In the week to October 28, 2026, US Small Cap moved +1.1% and saw -$1.4B of net fund flow, which ETF Copilot reads as price only — price moving without money following.
| Measure | Value |
|---|---|
| Price, 1 week | +1.1% |
| Net flow, 1 week | -$1.4B |
| Price, 1 month | +1.8% |
| Net flow, 1 month | -$20.5B |
Net fund flow is money into or out of the ETFs in this category, computed by ETF Copilot from daily fund assets. All 33 sectors side by side →
Cite this
ETF Copilot, “Best Small-Cap ETFs”, as of October 28, 2026.
https://etf-copilot.com/best/small-cap-etfs
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