IJJ vs. VOO
Compare and contrast key facts about iShares S&P MidCap 400 Value ETF (IJJ) and Vanguard S&P 500 ETF (VOO).
IJJ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJJ is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400/Citigroup Value Index. It was launched on Jul 24, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both IJJ and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IJJ or VOO.
Performance
IJJ vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, IJJ achieves a 18.54% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, IJJ has underperformed VOO with an annualized return of 9.66%, while VOO has yielded a comparatively higher 13.18% annualized return.
IJJ
18.54%
7.33%
16.78%
31.66%
12.31%
9.66%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| IJJ | VOO | |
|---|---|---|
| Sharpe Ratio | 1.93 | 2.70 |
| Sortino Ratio | 2.75 | 3.60 |
| Omega Ratio | 1.34 | 1.50 |
| Calmar Ratio | 3.18 | 3.90 |
| Martin Ratio | 10.72 | 17.65 |
| Ulcer Index | 2.95% | 1.86% |
| Daily Std Dev | 16.38% | 12.19% |
| Max Drawdown | -58.00% | -33.99% |
| Current Drawdown | 0.00% | -0.86% |
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IJJ vs. VOO - Expense Ratio Comparison
IJJ has a 0.25% expense ratio, which is higher than VOO's 0.03% 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%.
Correlation
The correlation between IJJ and VOO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IJJ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P MidCap 400 Value ETF (IJJ) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
IJJ vs. VOO - Dividend Comparison
IJJ's dividend yield for the trailing twelve months is around 1.62%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJJ iShares S&P MidCap 400 Value ETF | 1.62% | 1.68% | 1.97% | 1.62% | 1.78% | 1.70% | 2.01% | 1.52% | 1.67% | 1.83% | 1.65% | 1.48% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
IJJ vs. VOO - Drawdown Comparison
The maximum IJJ drawdown since its inception was -58.00%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IJJ and VOO. For additional features, visit the drawdowns tool.
Volatility
IJJ vs. VOO - Volatility Comparison
iShares S&P MidCap 400 Value ETF (IJJ) has a higher volatility of 5.81% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that IJJ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.