IJJ vs. JPSV

Last updated Jun 5, 2026

IJJ (iShares S&P Mid-Cap 400 Value ETF) and JPSV (Jpmorgan Active Small Cap Value ETF) are both exchange-traded funds - IJJ is a Mid Cap Value Equities fund tracking the S&P MidCap 400 Value Index, while JPSV is a Small Cap Value Equities fund actively managed by JPMorgan. IJJ is passively managed, while JPSV is actively managed. Over the past 3 years, IJJ returned 14.45%/yr vs 12.51%/yr for JPSV. Their correlation of 0.94 suggests significant overlap in exposure. IJJ charges 0.18%/yr vs 0.74%/yr for JPSV.

Performance

IJJ vs. JPSV - 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 Jpmorgan Active Small Cap Value ETF (JPSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IJJ achieves a 9.44% return, which is significantly lower than JPSV's 11.54% 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%

JPSV

• 1D: 1.04%
• 1M: 2.65%
• YTD: 11.54%
• 6M: 10.76%
• 1Y: 18.57%
• 3Y*: 12.51%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IJJ vs. JPSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IJJ iShares S&P Mid-Cap 400 Value ETF	9.44%	7.27%	11.63%	7.61%
JPSV Jpmorgan Active Small Cap Value ETF	11.54%	0.63%	8.73%	9.72%

Correlation

The correlation between IJJ and JPSV is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Mar 9, 2023	0.94

The correlation between IJJ and JPSV has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

IJJ vs. JPSV - Sectors Allocation Comparison

Sectors	IJJ	JPSV
Financial Services	21.8%	24.8%
Industrials	18.8%	13.2%
Consumer Cyclical	13.5%	9.2%
Real Estate	9.6%	8.4%
Technology	9.3%	8.8%
Energy	7.4%	5.4%
Basic Materials	6.0%	5.1%
Consumer Defensive	5.5%	2.3%
Utilities	4.2%	5.5%
Healthcare	3.5%	5.1%
Communication Services	0.5%	6.7%

Return for Risk

IJJ vs. JPSV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IJJ

IJJ Risk / Return Rank: 43
IJJ Sharpe Ratio Rank: 41
IJJ Sortino Ratio Rank: 44
IJJ Omega Ratio Rank: 40
IJJ Calmar Ratio Rank: 43
IJJ Martin Ratio Rank: 45

JPSV

JPSV Risk / Return Rank: 36
JPSV Sharpe Ratio Rank: 34
JPSV Sortino Ratio Rank: 36
JPSV Omega Ratio Rank: 33
JPSV Calmar Ratio Rank: 42
JPSV Martin Ratio Rank: 36

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. JPSV - 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 Jpmorgan Active Small Cap Value ETF (JPSV). 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.

	IJJ	JPSV	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.20	+0.24
Sortino ratio: Return per unit of downside risk	2.18	1.85	+0.32
Omega ratio: Gain probability vs. loss probability	1.26	1.22	+0.04
Calmar ratio: Return relative to maximum drawdown	2.08	2.07	+0.01
Martin ratio: Return relative to average drawdown	7.17	5.54	+1.63
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. JPSV - Sharpe Ratio Comparison

The current IJJ Sharpe Ratio is 1.44, which is comparable to the JPSV Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of IJJ and JPSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IJJ	JPSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.20	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.53	-0.05

Drawdowns

IJJ vs. JPSV - Drawdown Comparison

The maximum IJJ drawdown since its inception was -58.00%, which is greater than JPSV's maximum drawdown of -22.78%. Use the drawdown chart below to compare losses from any high point for IJJ and JPSV.

Drawdown Indicators

	IJJ	JPSV	Difference
Max Drawdown Largest peak-to-trough decline	-58.00%	-22.78%	-35.22%
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	-9.02%	-1.57%
Max Drawdown (3Y) Largest decline over 3 years	-22.68%	-22.78%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	-22.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.11%	—	—
Current Drawdown Current decline from peak	0.00%	-0.31%	+0.31%
Average Drawdown Average peak-to-trough decline	-7.93%	-5.63%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	3.36%	-0.30%

Volatility

IJJ vs. JPSV - Volatility Comparison

iShares S&P Mid-Cap 400 Value ETF (IJJ) and Jpmorgan Active Small Cap Value ETF (JPSV) have volatilities of 3.70% and 3.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJJ	JPSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	3.78%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.65%	10.03%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	15.28%	15.59%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.57%	17.92%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.03%	17.92%	+4.11%

IJJ vs. JPSV - Expense Ratio Comparison

IJJ has a 0.18% expense ratio, which is lower than JPSV's 0.74% expense ratio.

Dividends

IJJ vs. JPSV - Dividend Comparison

IJJ's dividend yield for the trailing twelve months is around 1.63%, more than JPSV's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
JPSV Jpmorgan Active Small Cap Value ETF	1.27%	1.42%	1.21%	1.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IJJ and JPSV in my portfolio?

With a correlation of 0.91, IJJ and JPSV 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.

Which is riskier, IJJ or JPSV?

JPSV has higher volatility (3.78%) compared to IJJ (3.70%). In terms of maximum drawdown, IJJ dropped -58.00% vs JPSV's -22.78%.

Which ETF is better, IJJ or JPSV?

On 3-year performance, IJJ leads with 14.45% vs 12.51% for JPSV. On fees, IJJ is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IJJ or JPSV?

Over the 3-year period, IJJ has performed better with a 14.45% return vs 12.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IJJ or JPSV?

IJJ is cheaper with a 0.18% expense ratio, compared with 0.74% for JPSV.

Which ETF pays a higher dividend yield, IJJ or JPSV?

IJJ has the higher dividend yield at 1.63%, compared with 1.27% for JPSV.

What is the main difference between IJJ and JPSV?

IJJ is categorized as Mid Cap Value Equities, while JPSV is Small Cap Value Equities. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.18% for IJJ and 0.74% for JPSV.

Which has better risk-adjusted returns?

IJJ currently has the higher Sharpe Ratio (1.44 vs 1.20), 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.