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IJJ vs. IJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJJ vs. IJH

Last updated Jun 5, 2026

IJJ (iShares S&P Mid-Cap 400 Value ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - IJJ is a Mid Cap Value Equities fund tracking the S&P MidCap 400 Value Index, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Both are passively managed. Over the past 10 years, IJJ returned 10.25%/yr vs 11.23%/yr for IJH. With a 0.97 correlation, they move nearly in lockstep. IJJ charges 0.18%/yr vs 0.05%/yr for IJH.

Performance

IJJ vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P Mid-Cap 400 Value ETF (IJJ) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJJ achieves a 9.44% return, which is significantly lower than IJH's 14.60% return. Over the past 10 years, IJJ has underperformed IJH with an annualized return of 10.25%, while IJH has yielded a comparatively higher 11.23% annualized return.

IJJ

1D
0.45%
1M
1.23%
YTD
9.44%
6M
9.54%
1Y
21.89%
3Y*
14.45%
5Y*
7.53%
10Y*
10.25%

IJH

1D
0.44%
1M
2.99%
YTD
14.60%
6M
14.27%
1Y
26.23%
3Y*
16.69%
5Y*
8.26%
10Y*
11.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJJ vs. IJH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJJ
iShares S&P Mid-Cap 400 Value ETF		9.44%7.27%11.63%15.24%-7.11%30.45%3.56%25.66%-12.06%12.04%
IJH
iShares Core S&P Mid-Cap ETF		14.60%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%

Correlation

The correlation between IJJ and IJH is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

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

0.95

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

0.97

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

0.97

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

0.97

Correlation (All Time)
Calculated using the full available price history since Jul 31, 2000

0.97

The correlation between IJJ and IJH has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

IJJ vs. IJH - Sectors Allocation Comparison

Sectors
IJJ
IJH

Financial Services

21.8%
14.4%

Industrials

18.8%
25.0%

Consumer Cyclical

13.5%
10.7%

Real Estate

9.6%
7.5%

Technology

9.3%
15.7%

Energy

7.4%
5.5%

Basic Materials

6.0%
4.8%

Consumer Defensive

5.5%
3.8%

Utilities

4.2%
3.1%

Healthcare

3.5%
8.6%

Communication Services

0.5%
1.0%

Financial Services

IJJ
21.8%
IJH
14.4%

Industrials

IJJ
18.8%
IJH
25.0%

Consumer Cyclical

IJJ
13.5%
IJH
10.7%

Real Estate

IJJ
9.6%
IJH
7.5%

Technology

IJJ
9.3%
IJH
15.7%

Energy

IJJ
7.4%
IJH
5.5%

Basic Materials

IJJ
6.0%
IJH
4.8%

Consumer Defensive

IJJ
5.5%
IJH
3.8%

Utilities

IJJ
4.2%
IJH
3.1%

Healthcare

IJJ
3.5%
IJH
8.6%

Communication Services

IJJ
0.5%
IJH
1.0%

Compare stocks, funds, or ETFs

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

iShares S&P Mid-Cap 400 Value ETF

iShares Core S&P Mid-Cap ETF

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Often compared with IJH:
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Return for Risk

IJJ vs. IJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJJ
IJJ Risk / Return Rank: 4343
Overall Rank
IJJ Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
IJJ Sortino Ratio Rank: 4444
Sortino Ratio Rank
IJJ Omega Ratio Rank: 4040
Omega Ratio Rank
IJJ Calmar Ratio Rank: 4343
Calmar Ratio Rank
IJJ Martin Ratio Rank: 4545
Martin Ratio Rank
IJH
IJH Risk / Return Rank: 5555
Overall Rank
IJH Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 5252
Sortino Ratio Rank
IJH Omega Ratio Rank: 4949
Omega Ratio Rank
IJH Calmar Ratio Rank: 6161
Calmar Ratio Rank
IJH Martin Ratio Rank: 6262
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.

IJJ vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P Mid-Cap 400 Value ETF (IJJ) and iShares Core S&P Mid-Cap ETF (IJH). 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.

IJJIJHDifference
Sharpe ratioReturn per unit of total volatility
1.44
1.70

-0.26

Sortino ratioReturn per unit of downside risk
2.18
2.48

-0.30

Omega ratioGain probability vs. loss probability

1.26

1.30

-0.05

Calmar ratioReturn relative to maximum drawdown

2.08

2.98

-0.91

Martin ratioReturn relative to average drawdown

7.17

10.93

-3.76

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

IJJ vs. IJH - Sharpe Ratio Comparison

The current IJJ Sharpe Ratio is 1.44, which is comparable to the IJH Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of IJJ and IJH, 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

IJJIJHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.44

1.70

-0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.42

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.53

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.46

+0.01

Drawdowns

IJJ vs. IJH - Drawdown Comparison

The maximum IJJ drawdown since its inception was -58.00%, which is greater than IJH's maximum drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for IJJ and IJH.

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Drawdown Indicators

IJJIJHDifference

Max Drawdown

Largest peak-to-trough decline

-58.00%

-55.07%

-2.93%

Max Drawdown (1Y)

Largest decline over 1 year

-10.59%

-8.83%

-1.76%

Max Drawdown (3Y)

Largest decline over 3 years

-22.68%

-24.10%

+1.42%

Max Drawdown (5Y)

Largest decline over 5 years

-22.68%

-24.10%

+1.42%

Max Drawdown (10Y)

Largest decline over 10 years

-46.11%

-42.18%

-3.93%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-7.93%

-7.57%

-0.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

2.41%

+0.65%

Volatility

IJJ vs. IJH - Volatility Comparison

The current volatility for iShares S&P Mid-Cap 400 Value ETF (IJJ) is 3.70%, while iShares Core S&P Mid-Cap ETF (IJH) has a volatility of 4.24%. This indicates that IJJ experiences smaller price fluctuations and is considered to be less risky than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJJIJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.70%

4.24%

-0.54%

Volatility (6M)

Calculated over the trailing 6-month period

10.65%

11.31%

-0.66%

Volatility (1Y)

Calculated over the trailing 1-year period

15.28%

15.50%

-0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.57%

19.74%

-0.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.03%

21.17%

+0.86%

IJJ vs. IJH - Expense Ratio Comparison

IJJ has a 0.18% expense ratio, which is higher than IJH's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IJJ vs. IJH - Dividend Comparison

IJJ's dividend yield for the trailing twelve months is around 1.63%, more than IJH's 1.18% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
IJJ
iShares S&P Mid-Cap 400 Value ETF		1.63%1.79%1.81%1.68%1.97%1.62%1.78%1.70%2.01%1.52%1.67%1.83%

Frequently Asked Questions

With a correlation of 0.95, IJJ and IJH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IJH has higher volatility (4.24%) compared to IJJ (3.70%). In terms of maximum drawdown, IJJ dropped -58.00% vs IJH's -55.07%.

On 10-year performance, IJH leads with 11.23% vs 10.25% for IJJ. On fees, IJH is cheaper at 0.05% per year. On volatility, IJJ has been the lower-risk option at 3.70%. 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 11.23% return vs 10.25%. 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 0.18% for IJJ.

IJJ has the higher dividend yield at 1.63%, compared with 1.18% for IJH.

IJJ is categorized as Mid Cap Value Equities, while IJH is Mid Cap Blend Equities. IJJ tracks S&P MidCap 400 Value Index, while IJH tracks S&P MidCap 400 Index. Their fees differ too: 0.18% for IJJ and 0.05% for IJH.

IJH currently has the higher Sharpe Ratio (1.70 vs 1.44), 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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