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iShares S&P Mid-Cap 400 Value ETF (IJJ) Sharpe Ratio: 1.36

ETF · Currency in USD · Last updated Jun 4, 2026

The iShares S&P Mid-Cap 400 Value ETF seeks to track the S&P MidCap 400 Value Index, providing targeted exposure to U.S. mid-cap equities with value characteristics selected using metrics such as book value, earnings, and sales. The fund is a passively managed, non-leveraged U.S.-domiciled ETF issued by iShares.

IJJ's Sharpe Ratio of 1.36 indicates that for each unit of volatility, it generates 1.36 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

IJJ Sharpe Ratio Rank

IJJ Sharpe Ratio Rank: 37.137
Below Average

IJJ ranks above 37.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

IJJ Sharpe Ratio Market Positioning

The chart shows IJJ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.85 or lower
  • Yellow zone (middle 50%): 0.85 to 2.40
  • Green zone (top 25%): 2.40 or higher
  • Top 1%: 7.82+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares S&P Mid-Cap 400 Value ETF's Sharpe Ratio with other ETFs in the Mid Cap Value Equities category across multiple time periods, showing how IJJ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
EQRRProShares Equities for Rising Rates ETF3.11
DVLUFirst Trust Dorsey Wright Momentum & Value ETF2.19
DXUVDimensional US Vector Equity ETF2.17
QVALAlpha Architect U.S. Quantitative Value ETF2.07
IWSiShares Russell Mid-Cap Value ETF2.06
RDIVInvesco S&P Ultra Dividend Revenue ETF2.06
IMCViShares Morningstar Mid-Cap ETF2.02
COWZPacer US Cash Cows 100 ETF2.02
VOEVanguard Mid-Cap Value ETF1.99
EPMVHarbor Mid Cap Value ETF1.99
IJJiShares S&P Mid-Cap 400 Value ETF1.36

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows IJJ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when IJJ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does IJJ fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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