SCJ vs VOO
iShares MSCI Japan Small-Cap ETF vs Vanguard S&P 500 ETF
Which is better, SCJ or VOO?
Small Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. SCJ led over 1Y, VOO over 3Y, 5Y and the full window. SCJ is less concentrated, with 5.9% of the fund in its ten largest positions against 37.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SCJ | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $261M | $997.4B |
| Dividend Yield | 2.67% | 1.04% |
| Holdings | 794 | 509 |
| YTD Return | +19.76%Best | +12.23% |
| 1Y Return | +22.62%Best | +15.47% |
| 3Y Return (annualized) | +20.53% | +22.78%Best |
| 5Y Return (annualized) | +8.07% | +13.71%Best |
| Volatility (annualized) | 13.8%Best | 14.1% |
| Max Drawdown | -40.9% | -34.3%Best |
| $10,000 over 5 years | $14,741 | $19,010Best |
| Top 10 Weight | 5.9%Best | 37.6% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Dec 20, 2007 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 30, 2026 (16.1 years).
SCJ vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16.1 years both funds cover.
SCJ vs VOO Performance
iShares MSCI Japan Small-Cap ETF (SCJ) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SCJ returned +22.62% while VOO returned +15.47%. Year to date, SCJ is up 19.76% versus a gain of 12.23% for VOO.
Over three years, SCJ compounded at +20.53% per year against +22.78% for VOO; over five years the annualized figures are +8.07% and +13.71% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +6.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.8% for SCJ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -40.9% for SCJ and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCJ charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, SCJ currently yields 2.67% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 725 holdings in SCJ and 494 in VOO, totalling 96.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 725 positions we hold weights for in SCJ and 494 in VOO, against full books of 794 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for SCJ (99.2% of the fund), and 1 for SCJ that do not appear in VOO (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of SCJ and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCJ or VOO?
SCJ has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, SCJ or VOO?
Over the past year SCJ returned +22.62% vs +15.47% for VOO, so SCJ leads on 1-year performance. Over the longest common window we track (16 years), SCJ annualized +6.93% vs +13.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCJ or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.8% for SCJ. Worst drawdown: SCJ -40.9% vs VOO -34.3%.
Should I hold both SCJ and VOO?
SCJ and VOO have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCJ or VOO?
SCJ yields 2.67% while VOO yields 1.04%, so SCJ currently pays the higher dividend yield.
Is VOO better than SCJ?
VOO has a lower expense ratio. SCJ led over 1Y, VOO over 3Y, 5Y and the full window. SCJ is less concentrated, with 5.9% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.