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IJH vs. EPU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJH vs. EPU

Last updated Jun 24, 2026

IJH (iShares Core S&P Mid-Cap ETF) and EPU (iShares MSCI Peru ETF) are both Mid Cap Blend Equities funds from iShares - IJH tracks the S&P MidCap 400 Index while EPU tracks the MSCI All Peru Capped Index. Both are passively managed. Over the past 10 years, IJH returned 11.63%/yr vs 14.73%/yr for EPU. A 0.51 correlation means they provide meaningful diversification when combined. IJH charges 0.05%/yr vs 0.59%/yr for EPU.

Performance

IJH vs. EPU - 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 Peru ETF (EPU). 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 14.64% return, which is significantly lower than EPU's 18.54% return. Over the past 10 years, IJH has underperformed EPU with an annualized return of 11.63%, while EPU has yielded a comparatively higher 14.73% annualized return.

IJH

1D
-1.01%
1M
2.70%
YTD
14.64%
6M
12.56%
1Y
25.12%
3Y*
16.11%
5Y*
8.47%
10Y*
11.63%

EPU

1D
-3.70%
1M
3.83%
YTD
18.54%
6M
17.84%
1Y
83.34%
3Y*
46.58%
5Y*
29.75%
10Y*
14.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJH vs. EPU - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJH
iShares Core S&P Mid-Cap ETF		14.64%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%
EPU
iShares MSCI Peru ETF		18.54%86.87%21.73%25.34%2.05%-11.81%-4.31%7.30%-12.17%29.70%

Correlation

The correlation between IJH and EPU is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.49

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

0.48

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

0.50

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

0.48

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2009

0.51

The correlation between IJH and EPU has been stable across timeframes, ranging from 0.48 to 0.51 - a consistent structural relationship.

IJH vs. EPU - Sectors Allocation Comparison

Sectors
IJH
EPU

Industrials

25.9%
2.6%

Technology

16.6%

-

Financial Services

13.5%
27.9%

Consumer Cyclical

9.2%
4.1%

Healthcare

8.7%
0.9%

Real Estate

7.5%
3.0%

Energy

5.3%

-

Basic Materials

4.9%
54.2%

Consumer Defensive

4.2%
3.0%

Utilities

3.0%
2.8%

Communication Services

1.0%
1.5%

Industrials

IJH
25.9%
EPU
2.6%

Technology

IJH
16.6%
EPU

-

Financial Services

IJH
13.5%
EPU
27.9%

Consumer Cyclical

IJH
9.2%
EPU
4.1%

Healthcare

IJH
8.7%
EPU
0.9%

Real Estate

IJH
7.5%
EPU
3.0%

Energy

IJH
5.3%
EPU

-

Basic Materials

IJH
4.9%
EPU
54.2%

Consumer Defensive

IJH
4.2%
EPU
3.0%

Utilities

IJH
3.0%
EPU
2.8%

Communication Services

IJH
1.0%
EPU
1.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core S&P Mid-Cap ETF

iShares MSCI Peru ETF

Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. SCHMIJH vs. IJKIJH vs. IVOO
Often compared with EPU:
EPU vs. ECHEPU vs. ILFEPU vs. ARGTEPU vs. EISEPU vs. EVXEPU vs. EWSEPU vs. EPI

Return for Risk

IJH vs. EPU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJH
IJH Risk / Return Rank: 5252
Overall Rank
IJH Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 4949
Sortino Ratio Rank
IJH Omega Ratio Rank: 4545
Omega Ratio Rank
IJH Calmar Ratio Rank: 6060
Calmar Ratio Rank
IJH Martin Ratio Rank: 6161
Martin Ratio Rank
EPU
EPU Risk / Return Rank: 7676
Overall Rank
EPU Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
EPU Sortino Ratio Rank: 7373
Sortino Ratio Rank
EPU Omega Ratio Rank: 7575
Omega Ratio Rank
EPU Calmar Ratio Rank: 8080
Calmar Ratio Rank
EPU Martin Ratio Rank: 6666
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. EPU - 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 Peru ETF (EPU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IJHEPUDifference
Sharpe ratioReturn per unit of total volatility
1.59
2.68

-1.08

Sortino ratioReturn per unit of downside risk
2.33
3.07

-0.74

Omega ratioGain probability vs. loss probability

1.28

1.42

-0.14

Calmar ratioReturn relative to maximum drawdown

2.86

4.02

-1.16

Martin ratioReturn relative to average drawdown

10.44

11.51

-1.07

IJH vs. EPU - Sharpe Ratio Comparison

The current IJH Sharpe Ratio is 1.59, which is lower than the EPU Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of IJH and EPU, 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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Drawdowns

IJH vs. EPU - Drawdown Comparison

The maximum IJH drawdown since its inception was -55.07%, smaller than the maximum EPU drawdown of -60.62%. Use the drawdown chart below to compare losses from any high point for IJH and EPU.

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Drawdown Indicators

IJHEPUDifference

Max Drawdown

Largest peak-to-trough decline

-55.07%

-60.62%

+5.55%

Max Drawdown (1Y)

Largest decline over 1 year

-8.83%

-20.85%

+12.02%

Max Drawdown (3Y)

Largest decline over 3 years

-24.10%

-20.85%

-3.25%

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

-35.59%

+11.49%

Max Drawdown (10Y)

Largest decline over 10 years

-42.18%

-50.97%

+8.79%

Current Drawdown

Current decline from peak

-1.13%

-8.61%

+7.48%

Average Drawdown

Average peak-to-trough decline

-7.55%

-18.79%

+11.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.41%

7.27%

-4.86%

Volatility

IJH vs. EPU - Volatility Comparison

The current volatility for iShares Core S&P Mid-Cap ETF (IJH) is 4.75%, while iShares MSCI Peru ETF (EPU) has a volatility of 12.75%. This indicates that IJH experiences smaller price fluctuations and is considered to be less risky than EPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJHEPUDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.75%

12.75%

-8.00%

Volatility (6M)

Calculated over the trailing 6-month period

11.75%

27.23%

-15.48%

Volatility (1Y)

Calculated over the trailing 1-year period

15.88%

31.33%

-15.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.76%

25.12%

-5.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.17%

23.66%

-2.49%

IJH vs. EPU - Expense Ratio Comparison

IJH has a 0.05% expense ratio, which is lower than EPU's 0.59% expense ratio.

Dividends

IJH vs. EPU - Dividend Comparison

IJH's dividend yield for the trailing twelve months is around 1.18%, less than EPU's 2.02% yield.

PositionTTM20252024202320222021202020192018201720162015
EPU
iShares MSCI Peru ETF		2.02%1.63%5.78%4.17%5.56%3.13%1.91%2.67%1.53%3.30%0.85%1.90%
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 EPU have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EPU has higher volatility (12.75%) compared to IJH (4.75%). In terms of maximum drawdown, IJH dropped -55.07% vs EPU's -60.62%.

On 10-year performance, EPU leads with 14.73% vs 11.63% for IJH. On fees, IJH is cheaper at 0.05% per year. On volatility, IJH has been the lower-risk option at 4.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EPU has performed better with a 14.73% return vs 11.63%. 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 0.59% for EPU.

EPU has the higher dividend yield at 2.02%, compared with 1.18% for IJH.

IJH tracks S&P MidCap 400 Index, while EPU tracks MSCI All Peru Capped Index. Their fees differ too: 0.05% for IJH and 0.59% for EPU.

EPU currently has the higher Sharpe Ratio (2.67 vs 1.59), 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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