PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IJH vs. HYGI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJH vs. HYGI

Last updated Jun 9, 2026

IJH (iShares Core S&P Mid-Cap ETF) and HYGI (iShares Inflation Hedged High Yield Bond ETF) are both exchange-traded funds - IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index, while HYGI is a Inflation-Protected Bonds fund tracking the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. Both are passively managed. A 0.65 correlation means they provide meaningful diversification when combined. IJH charges 0.05%/yr vs 0.52%/yr for HYGI.

Performance

IJH vs. HYGI - 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 Inflation Hedged High Yield Bond ETF (HYGI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

IJH

1D
0.22%
1M
0.16%
YTD
12.55%
6M
12.75%
1Y
22.98%
3Y*
15.01%
5Y*
7.86%
10Y*
11.12%

HYGI

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJH vs. HYGI - Yearly Performance Comparison

2026 (YTD)2025202420232022
IJH
iShares Core S&P Mid-Cap ETF		12.55%7.42%13.92%16.40%5.05%
HYGI
iShares Inflation Hedged High Yield Bond ETF		0.00%6.20%9.16%11.71%0.65%

Correlation

The correlation between IJH and HYGI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.18

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

0.57

Correlation (All Time)
Calculated using the full available price history since Jun 27, 2022

0.65

Over the past year, the correlation between IJH and HYGI has dropped to 0.18 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

IJH vs. HYGI - Sectors Allocation Comparison

Sectors
IJH
HYGI

Industrials

25.0%

-

Technology

15.7%

-

Financial Services

14.4%

-

Consumer Cyclical

10.7%

-

Healthcare

8.6%

-

Real Estate

7.5%
0.4%

Energy

5.5%

-

Basic Materials

4.8%

-

Consumer Defensive

3.8%

-

Utilities

3.1%
99.6%

Communication Services

1.0%

-

Industrials

IJH
25.0%
HYGI

-

Technology

IJH
15.7%
HYGI

-

Financial Services

IJH
14.4%
HYGI

-

Consumer Cyclical

IJH
10.7%
HYGI

-

Healthcare

IJH
8.6%
HYGI

-

Real Estate

IJH
7.5%
HYGI
0.4%

Energy

IJH
5.5%
HYGI

-

Basic Materials

IJH
4.8%
HYGI

-

Consumer Defensive

IJH
3.8%
HYGI

-

Utilities

IJH
3.1%
HYGI
99.6%

Communication Services

IJH
1.0%
HYGI

-

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 Inflation Hedged High Yield Bond ETF

Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. IJKIJH vs. SCHMIJH vs. IVOO
Often compared with HYGI:
HYGI vs. HYGHYGI vs. SHYGHYGI vs. SHVHYGI vs. AGGHYGI vs. FIPDXHYGI vs. SPHYHYGI vs. LNG

Return for Risk

IJH vs. HYGI — 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: 4646
Omega Ratio Rank
IJH Calmar Ratio Rank: 5858
Calmar Ratio Rank
IJH Martin Ratio Rank: 5959
Martin Ratio Rank
HYGI
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. HYGI - 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 Inflation Hedged High Yield Bond ETF (HYGI). 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.

IJHHYGIDifference
Sharpe ratioReturn per unit of total volatility
1.48

—

—

Sortino ratioReturn per unit of downside risk
2.17

—

—

Omega ratioGain probability vs. loss probability

1.26

—

—

Calmar ratioReturn relative to maximum drawdown

2.61

—

—

Martin ratioReturn relative to average drawdown

9.55

—

—

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. HYGI - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

IJHHYGIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.40

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

—

—

Drawdowns

IJH vs. HYGI - Drawdown Comparison

Loading charts...

Drawdown Indicators

IJHHYGIDifference

Max Drawdown

Largest peak-to-trough decline

-55.07%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-8.83%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-24.10%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-42.18%

—

—

Current Drawdown

Current decline from peak

-1.79%

—

—

Average Drawdown

Average peak-to-trough decline

-7.57%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.41%

—

—

Volatility

IJH vs. HYGI - Volatility Comparison

Loading charts...

Volatility by Period

IJHHYGIDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.17%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

11.49%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

15.64%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.76%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.19%

—

—

IJH vs. HYGI - Expense Ratio Comparison

IJH has a 0.05% expense ratio, which is lower than HYGI's 0.52% expense ratio.

Dividends

IJH vs. HYGI - Dividend Comparison

IJH's dividend yield for the trailing twelve months is around 1.20%, while HYGI has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
HYGI
iShares Inflation Hedged High Yield Bond ETF		0.97%3.41%6.08%6.22%3.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IJH
iShares Core S&P Mid-Cap ETF		1.20%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 HYGI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IJH is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IJH is cheaper with a 0.05% expense ratio, compared with 0.52% for HYGI.

IJH has the higher dividend yield at 1.20%, compared with 0.97% for HYGI.

IJH is categorized as Mid Cap Blend Equities, while HYGI is Inflation-Protected Bonds. IJH tracks S&P MidCap 400 Index, while HYGI tracks BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. Their fees differ too: 0.05% for IJH and 0.52% for HYGI.

Portfolio Optimizer

Find the right allocation for IJH and HYGI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer