VBR vs. IJJ: Small-Cap or Mid-Cap Value -- Which Is the Better ETF Buy?

Vanguard Small-Cap Value ETF (VBR) charges a 0.05% expense ratio, materially lower than the 0.18% charged by iShares S&P Mid-Cap 400 Value ETF (IJJ). The 13 bps lower fee is a modest tailwind for long-term net returns, but the update is unlikely to move prices meaningfully.

Analysis

Vanguard Small-Cap Value ETF (VBR) charges a 0.05% expense ratio, materially lower than the 0.18% charged by iShares S&P Mid-Cap 400 Value ETF (IJJ). The 13 bps lower fee is a modest tailwind for long-term net returns, but the update is unlikely to move prices meaningfully.