IJK vs. AMID

Last updated Jun 5, 2026

IJK (iShares S&P MidCap 400 Growth ETF) and AMID (Argent Mid Cap ETF) are both Mid Cap Growth Equities funds. IJK is passively managed, while AMID is actively managed. Over the past 3 years, IJK returned 18.50%/yr vs 13.12%/yr for AMID. Their correlation of 0.93 suggests significant overlap in exposure. IJK charges 0.17%/yr vs 0.52%/yr for AMID.

Performance

IJK vs. AMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P MidCap 400 Growth ETF (IJK) and Argent Mid Cap ETF (AMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IJK achieves a 19.41% return, which is significantly higher than AMID's 7.41% return.

IJK

• 1D: 0.34%
• 1M: 4.53%
• YTD: 19.41%
• 6M: 18.76%
• 1Y: 30.22%
• 3Y*: 18.50%
• 5Y*: 8.64%
• 10Y*: 11.54%

AMID

• 1D: 1.23%
• 1M: 2.52%
• YTD: 7.41%
• 6M: 5.15%
• 1Y: 10.50%
• 3Y*: 13.12%
• 5Y*: —
• 10Y*: —

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

IJK vs. AMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IJK iShares S&P MidCap 400 Growth ETF	19.41%	7.28%	15.68%	17.41%	-7.87%
AMID Argent Mid Cap ETF	7.41%	-1.39%	13.06%	31.26%	-6.22%

Correlation

The correlation between IJK and AMID is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Aug 18, 2022	0.93

The correlation between IJK and AMID has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

IJK vs. AMID - Sectors Allocation Comparison

Sectors	IJK	AMID
Industrials	31.1%	32.1%
Technology	21.8%	18.1%
Healthcare	13.5%	7.2%
Consumer Cyclical	7.9%	11.4%
Financial Services	7.3%	14.7%
Real Estate	5.5%	3.3%
Energy	3.7%	4.3%
Basic Materials	3.6%	3.4%
Consumer Defensive	2.1%	2.6%
Utilities	2.0%	2.9%
Communication Services	1.5%	-

Return for Risk

IJK vs. AMID — Risk / Return Rank

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

IJK

IJK Risk / Return Rank: 58
IJK Sharpe Ratio Rank: 53
IJK Sortino Ratio Rank: 54
IJK Omega Ratio Rank: 51
IJK Calmar Ratio Rank: 62
IJK Martin Ratio Rank: 67

AMID

AMID Risk / Return Rank: 21
AMID Sharpe Ratio Rank: 20
AMID Sortino Ratio Rank: 21
AMID Omega Ratio Rank: 19
AMID Calmar Ratio Rank: 20
AMID Martin Ratio Rank: 23

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.

IJK vs. AMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P MidCap 400 Growth ETF (IJK) and Argent Mid Cap ETF (AMID). 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.

	IJK	AMID	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.66	+1.13
Sortino ratio: Return per unit of downside risk	2.55	1.06	+1.50
Omega ratio: Gain probability vs. loss probability	1.31	1.12	+0.19
Calmar ratio: Return relative to maximum drawdown	3.06	0.86	+2.20
Martin ratio: Return relative to average drawdown	12.09	2.97	+9.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJK vs. AMID - Sharpe Ratio Comparison

The current IJK Sharpe Ratio is 1.79, which is higher than the AMID Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of IJK and AMID, 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

	IJK	AMID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	0.66	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.57	-0.20

Drawdowns

IJK vs. AMID - Drawdown Comparison

The maximum IJK drawdown since its inception was -54.47%, which is greater than AMID's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for IJK and AMID.

Drawdown Indicators

	IJK	AMID	Difference
Max Drawdown Largest peak-to-trough decline	-54.47%	-23.32%	-31.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-12.31%	+2.39%
Max Drawdown (3Y) Largest decline over 3 years	-25.63%	-23.32%	-2.31%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.25%	—	—
Current Drawdown Current decline from peak	0.00%	-3.55%	+3.55%
Average Drawdown Average peak-to-trough decline	-10.80%	-6.21%	-4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.54%	-1.03%

Volatility

IJK vs. AMID - Volatility Comparison

iShares S&P MidCap 400 Growth ETF (IJK) has a higher volatility of 4.98% compared to Argent Mid Cap ETF (AMID) at 4.44%. This indicates that IJK's price experiences larger fluctuations and is considered to be riskier than AMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJK	AMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	4.44%	+0.54%
Volatility (6M) Calculated over the trailing 6-month period	13.15%	12.20%	+0.95%
Volatility (1Y) Calculated over the trailing 1-year period	17.00%	16.07%	+0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.69%	19.10%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	19.10%	+1.96%

IJK vs. AMID - Expense Ratio Comparison

IJK has a 0.17% expense ratio, which is lower than AMID's 0.52% expense ratio.

Dividends

IJK vs. AMID - Dividend Comparison

IJK's dividend yield for the trailing twelve months is around 0.54%, more than AMID's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMID Argent Mid Cap ETF	0.33%	0.36%	0.33%	0.43%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IJK iShares S&P MidCap 400 Growth ETF	0.54%	0.66%	0.79%	1.13%	1.08%	0.50%	0.70%	1.09%	1.13%	0.93%	1.15%	1.12%

Frequently Asked Questions

Can I hold both IJK and AMID in my portfolio?

With a correlation of 0.92, IJK and AMID 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, IJK or AMID?

IJK has higher volatility (4.98%) compared to AMID (4.44%). In terms of maximum drawdown, IJK dropped -54.47% vs AMID's -23.32%.

Which ETF is better, IJK or AMID?

On 3-year performance, IJK leads with 18.50% vs 13.12% for AMID. On fees, IJK is cheaper at 0.17% per year. On volatility, AMID has been the lower-risk option at 4.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IJK or AMID?

Over the 3-year period, IJK has performed better with a 18.50% return vs 13.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IJK or AMID?

IJK is cheaper with a 0.17% expense ratio, compared with 0.52% for AMID.

Which ETF pays a higher dividend yield, IJK or AMID?

IJK has the higher dividend yield at 0.54%, compared with 0.33% for AMID.

What is the main difference between IJK and AMID?

They also come from different issuers: iShares and Argent. Their fees differ too: 0.17% for IJK and 0.52% for AMID.

Which has better risk-adjusted returns?

IJK currently has the higher Sharpe Ratio (1.79 vs 0.66), 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.