IJH vs. NYF
IJH (iShares Core S&P Mid-Cap ETF) and NYF (iShares New York Muni Bond ETF) are both exchange-traded funds - IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index, while NYF is a Municipal Bonds fund tracking the S&P New York AMT-Free Municipal Bond Index. Both are passively managed. Over the past 10 years, IJH returned 11.45%/yr vs 1.76%/yr for NYF. At a correlation of -0.01, they often move in opposite directions. IJH charges 0.05%/yr vs 0.25%/yr for NYF.
Performance
IJH vs. NYF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IJH achieves a 14.66% return, which is significantly higher than NYF's 1.58% return. Over the past 10 years, IJH has outperformed NYF with an annualized return of 11.45%, while NYF has yielded a comparatively lower 1.76% annualized return.
IJH
- 1D
- 2.51%
- 1M
- 2.96%
- YTD
- 14.66%
- 6M
- 11.74%
- 1Y
- 25.20%
- 3Y*
- 15.52%
- 5Y*
- 8.10%
- 10Y*
- 11.45%
NYF
- 1D
- 0.17%
- 1M
- 0.63%
- YTD
- 1.58%
- 6M
- 1.84%
- 1Y
- 6.63%
- 3Y*
- 3.28%
- 5Y*
- 0.76%
- 10Y*
- 1.76%
IJH vs. NYF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IJH iShares Core S&P Mid-Cap ETF | 14.66% | 7.42% | 13.92% | 16.40% | -13.11% | 24.72% | 13.60% | 26.10% | -11.19% | 16.26% |
NYF iShares New York Muni Bond ETF | 1.58% | 3.64% | 1.13% | 5.76% | -7.75% | 1.34% | 4.18% | 6.49% | 0.66% | 5.02% |
Correlation
The correlation between IJH and NYF is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2007 | -0.01 |
The correlation between IJH and NYF shifts across timeframes, from -0.01 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IJH vs. NYF — Risk / Return Rank
IJH
NYF
IJH vs. NYF - 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 New York Muni Bond ETF (NYF). 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.
| IJH | NYF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.52 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 2.41 | +0.45 |
| Martin ratioReturn relative to average drawdown | 10.47 | 8.60 | +1.86 |
Loading charts...
Drawdowns
IJH vs. NYF - Drawdown Comparison
The maximum IJH drawdown since its inception was -55.07%, which is greater than NYF's maximum drawdown of -13.12%. Use the drawdown chart below to compare losses from any high point for IJH and NYF.
Loading charts...
Drawdown Indicators
| IJH | NYF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.07% | -13.12% | -41.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.83% | -2.76% | -6.07% |
Max Drawdown (3Y)Largest decline over 3 years | -24.10% | -5.68% | -18.42% |
Max Drawdown (5Y)Largest decline over 5 years | -24.10% | -12.71% | -11.39% |
Max Drawdown (10Y)Largest decline over 10 years | -42.18% | -13.12% | -29.06% |
Current DrawdownCurrent decline from peak | 0.00% | -0.50% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -7.56% | -2.31% | -5.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 0.77% | +1.64% |
Volatility
IJH vs. NYF - Volatility Comparison
iShares Core S&P Mid-Cap ETF (IJH) has a higher volatility of 5.07% compared to iShares New York Muni Bond ETF (NYF) at 0.97%. This indicates that IJH's price experiences larger fluctuations and is considered to be riskier than NYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IJH | NYF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 0.97% | +4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 11.85% | 2.10% | +9.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 2.76% | +13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.80% | 4.00% | +15.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.20% | 4.48% | +16.72% |
IJH vs. NYF - Expense Ratio Comparison
IJH has a 0.05% expense ratio, which is lower than NYF's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IJH vs. NYF - Dividend Comparison
IJH's dividend yield for the trailing twelve months is around 1.18%, less than NYF's 3.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NYF iShares New York Muni Bond ETF | 3.09% | 2.99% | 2.77% | 2.36% | 2.04% | 1.85% | 1.98% | 2.19% | 2.48% | 2.46% | 2.43% | 2.60% |
Frequently Asked Questions
IJH and NYF have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IJH has higher volatility (5.07%) compared to NYF (0.97%). In terms of maximum drawdown, IJH dropped -55.07% vs NYF's -13.12%.
On 10-year performance, IJH leads with 11.45% vs 1.76% for NYF. On fees, IJH is cheaper at 0.05% per year. On volatility, NYF has been the lower-risk option at 0.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IJH has performed better with a 11.45% return vs 1.76%. 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 0.25% for NYF.
NYF has the higher dividend yield at 3.09%, compared with 1.18% for IJH.
IJH is categorized as Mid Cap Blend Equities, while NYF is Municipal Bonds. IJH tracks S&P MidCap 400 Index, while NYF tracks S&P New York AMT-Free Municipal Bond Index. Their fees differ too: 0.05% for IJH and 0.25% for NYF.
NYF currently has the higher Sharpe Ratio (2.41 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.
Find the right allocation for IJH and NYF
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