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IJH vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJH vs. ACWI

Last updated Jun 4, 2026

IJH (iShares Core S&P Mid-Cap ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 10 years, IJH returned 11.27%/yr vs 12.85%/yr for ACWI. Their correlation of 0.86 suggests significant overlap in exposure. IJH charges 0.05%/yr vs 0.32%/yr for ACWI.

Performance

IJH vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P Mid-Cap ETF (IJH) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJH achieves a 14.10% return, which is significantly higher than ACWI's 12.13% return. Over the past 10 years, IJH has underperformed ACWI with an annualized return of 11.27%, while ACWI has yielded a comparatively higher 12.85% annualized return.

IJH

1D
-0.12%
1M
3.84%
YTD
14.10%
6M
14.33%
1Y
25.45%
3Y*
16.09%
5Y*
8.17%
10Y*
11.27%

ACWI

1D
-0.83%
1M
5.28%
YTD
12.13%
6M
12.96%
1Y
29.18%
3Y*
21.15%
5Y*
11.28%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJH vs. ACWI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJH
iShares Core S&P Mid-Cap ETF		14.10%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%
ACWI
iShares MSCI ACWI ETF		12.13%22.41%17.45%22.27%-18.39%18.66%16.34%26.59%-9.19%24.33%

Correlation

The correlation between IJH and ACWI is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.86

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2008

0.86

The correlation between IJH and ACWI has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

IJH vs. ACWI - Sectors Allocation Comparison

Sectors
IJH
ACWI

Industrials

25.0%
10.9%

Technology

15.7%
29.4%

Financial Services

14.4%
16.1%

Consumer Cyclical

10.7%
9.3%

Healthcare

8.6%
8.1%

Real Estate

7.5%
1.8%

Energy

5.5%
4.2%

Basic Materials

4.8%
3.7%

Consumer Defensive

3.8%
5.0%

Utilities

3.1%
2.6%

Communication Services

1.0%
9.0%

Industrials

IJH
25.0%
ACWI
10.9%

Technology

IJH
15.7%
ACWI
29.4%

Financial Services

IJH
14.4%
ACWI
16.1%

Consumer Cyclical

IJH
10.7%
ACWI
9.3%

Healthcare

IJH
8.6%
ACWI
8.1%

Real Estate

IJH
7.5%
ACWI
1.8%

Energy

IJH
5.5%
ACWI
4.2%

Basic Materials

IJH
4.8%
ACWI
3.7%

Consumer Defensive

IJH
3.8%
ACWI
5.0%

Utilities

IJH
3.1%
ACWI
2.6%

Communication Services

IJH
1.0%
ACWI
9.0%

Compare stocks, funds, or ETFs

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iShares Core S&P Mid-Cap ETF

iShares MSCI ACWI ETF

Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. IJKIJH vs. IVOOIJH vs. SCHM
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

IJH vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJH
IJH Risk / Return Rank: 5151
Overall Rank
IJH Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 4848
Sortino Ratio Rank
IJH Omega Ratio Rank: 4545
Omega Ratio Rank
IJH Calmar Ratio Rank: 5757
Calmar Ratio Rank
IJH Martin Ratio Rank: 5959
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 6666
Overall Rank
ACWI Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 6767
Sortino Ratio Rank
ACWI Omega Ratio Rank: 6767
Omega Ratio Rank
ACWI Calmar Ratio Rank: 5959
Calmar Ratio Rank
ACWI Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IJH vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Mid-Cap ETF (IJH) and iShares MSCI ACWI ETF (ACWI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

IJHACWIDifference
Sharpe ratioReturn per unit of total volatility
1.65
2.29

-0.64

Sortino ratioReturn per unit of downside risk
2.41
3.17

-0.75

Omega ratioGain probability vs. loss probability

1.29

1.41

-0.12

Calmar ratioReturn relative to maximum drawdown

2.90

3.01

-0.12

Martin ratioReturn relative to average drawdown

10.60

13.53

-2.92

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJH vs. ACWI - Sharpe Ratio Comparison

The current IJH Sharpe Ratio is 1.65, which is comparable to the ACWI Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of IJH and ACWI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IJHACWIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.65

2.29

-0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

0.71

-0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.75

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.43

+0.04

Drawdowns

IJH vs. ACWI - Drawdown Comparison

The maximum IJH drawdown since its inception was -55.07%, roughly equal to the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for IJH and ACWI.

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Drawdown Indicators

IJHACWIDifference

Max Drawdown

Largest peak-to-trough decline

-55.07%

-56.00%

+0.93%

Max Drawdown (1Y)

Largest decline over 1 year

-8.83%

-9.73%

+0.90%

Max Drawdown (3Y)

Largest decline over 3 years

-24.10%

-16.55%

-7.55%

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

-26.42%

+2.32%

Max Drawdown (10Y)

Largest decline over 10 years

-42.18%

-33.53%

-8.65%

Current Drawdown

Current decline from peak

-0.12%

-0.83%

+0.71%

Average Drawdown

Average peak-to-trough decline

-7.57%

-8.61%

+1.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.41%

2.16%

+0.25%

Volatility

IJH vs. ACWI - Volatility Comparison

iShares Core S&P Mid-Cap ETF (IJH) has a higher volatility of 4.37% compared to iShares MSCI ACWI ETF (ACWI) at 3.93%. This indicates that IJH's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJHACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.37%

3.93%

+0.44%

Volatility (6M)

Calculated over the trailing 6-month period

11.32%

10.29%

+1.03%

Volatility (1Y)

Calculated over the trailing 1-year period

15.54%

12.78%

+2.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.74%

16.05%

+3.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.18%

17.11%

+4.07%

IJH vs. ACWI - Expense Ratio Comparison

IJH has a 0.05% expense ratio, which is lower than ACWI's 0.32% expense ratio.

Dividends

IJH vs. ACWI - Dividend Comparison

IJH's dividend yield for the trailing twelve months is around 1.18%, less than ACWI's 1.38% yield.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.38%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%
IJH
iShares Core S&P Mid-Cap ETF		1.18%1.36%1.33%1.46%1.68%1.18%1.28%1.63%1.72%1.19%1.60%1.56%

Frequently Asked Questions

IJH and ACWI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IJH has higher volatility (4.37%) compared to ACWI (3.93%). In terms of maximum drawdown, IJH dropped -55.07% vs ACWI's -56.00%.

On 10-year performance, ACWI leads with 12.85% vs 11.27% for IJH. On fees, IJH is cheaper at 0.05% per year. On volatility, ACWI has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ACWI has performed better with a 12.85% return vs 11.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJH is cheaper with a 0.05% expense ratio, compared with 0.32% for ACWI.

ACWI has the higher dividend yield at 1.38%, compared with 1.18% for IJH.

IJH is categorized as Mid Cap Blend Equities, while ACWI is Global Equities. IJH tracks S&P MidCap 400 Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.05% for IJH and 0.32% for ACWI.

ACWI currently has the higher Sharpe Ratio (2.29 vs 1.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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