IJK vs. FCUS

Last updated Apr 1, 2026

Compare and contrast key facts about iShares S&P MidCap 400 Growth ETF (IJK) and Pinnacle Focused Opportunities ETF (FCUS).

IJK and FCUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJK is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400/Citigroup Growth Index. It was launched on Jul 24, 2000. FCUS is an actively managed fund by Pinnacle. It was launched on Dec 28, 2022.

Performance

IJK vs. FCUS - Performance Comparison

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

IJK vs. FCUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IJK iShares S&P MidCap 400 Growth ETF	3.97%	7.28%	15.68%	17.41%
FCUS Pinnacle Focused Opportunities ETF	14.56%	13.69%	30.59%	21.13%

Returns By Period

In the year-to-date period, IJK achieves a 3.97% return, which is significantly lower than FCUS's 14.56% return.

IJK

• 1D: 3.50%
• 1M: -5.52%
• YTD: 3.97%
• 6M: 5.26%
• 1Y: 21.61%
• 3Y*: 13.00%
• 5Y*: 5.68%
• 10Y*: 10.44%

FCUS

• 1D: 5.33%
• 1M: -8.18%
• YTD: 14.56%
• 6M: 17.93%
• 1Y: 63.71%
• 3Y*: 24.55%
• 5Y*: —
• 10Y*: —

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

IJK vs. FCUS - Expense Ratio Comparison

IJK has a 0.24% expense ratio, which is lower than FCUS's 0.79% expense ratio.

FCUS

Pinnacle Focused Opportunities ETF

IJK

iShares S&P MidCap 400 Growth ETF

Return for Risk

IJK vs. FCUS — Risk / Return Rank

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

IJK

IJK Risk / Return Rank: 62
IJK Sharpe Ratio Rank: 57
IJK Sortino Ratio Rank: 61
IJK Omega Ratio Rank: 57
IJK Calmar Ratio Rank: 66
IJK Martin Ratio Rank: 70

FCUS

FCUS Risk / Return Rank: 87
FCUS Sharpe Ratio Rank: 87
FCUS Sortino Ratio Rank: 83
FCUS Omega Ratio Rank: 82
FCUS Calmar Ratio Rank: 93
FCUS Martin Ratio Rank: 90

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. FCUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P MidCap 400 Growth ETF (IJK) and Pinnacle Focused Opportunities ETF (FCUS). 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	FCUS	Difference
Sharpe ratio Return per unit of total volatility	0.97	1.84	-0.87
Sortino ratio Return per unit of downside risk	1.50	2.22	-0.71
Omega ratio Gain probability vs. loss probability	1.20	1.32	-0.11
Calmar ratio Return relative to maximum drawdown	1.59	3.51	-1.93
Martin ratio Return relative to average drawdown	6.85	11.65	-4.80
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. FCUS - Sharpe Ratio Comparison

The current IJK Sharpe Ratio is 0.97, which is lower than the FCUS Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of IJK and FCUS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IJK	FCUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	1.84	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.84	-0.49

Correlation

The correlation between IJK and FCUS is 0.75, 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.

Dividends

IJK vs. FCUS - Dividend Comparison

IJK's dividend yield for the trailing twelve months is around 0.62%, less than FCUS's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJK iShares S&P MidCap 400 Growth ETF	0.62%	0.66%	0.79%	1.13%	1.08%	0.50%	0.70%	1.09%	1.13%	0.93%	1.15%	1.12%
FCUS Pinnacle Focused Opportunities ETF	3.78%	4.33%	11.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IJK vs. FCUS - Drawdown Comparison

The maximum IJK drawdown since its inception was -54.47%, which is greater than FCUS's maximum drawdown of -39.89%. Use the drawdown chart below to compare losses from any high point for IJK and FCUS.

Drawdown Indicators

	IJK	FCUS	Difference
Max Drawdown Largest peak-to-trough decline	-54.47%	-39.89%	-14.58%
Max Drawdown (1Y) Largest decline over 1 year	-13.71%	-17.70%	+3.99%
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	-6.77%	-9.72%	+2.95%
Average Drawdown Average peak-to-trough decline	-10.86%	-7.83%	-3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	5.34%	-2.16%

Volatility

IJK vs. FCUS - Volatility Comparison

The current volatility for iShares S&P MidCap 400 Growth ETF (IJK) is 7.99%, while Pinnacle Focused Opportunities ETF (FCUS) has a volatility of 16.58%. This indicates that IJK experiences smaller price fluctuations and is considered to be less risky than FCUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJK	FCUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.99%	16.58%	-8.59%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	29.46%	-16.13%
Volatility (1Y) Calculated over the trailing 1-year period	22.37%	34.85%	-12.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.64%	30.06%	-9.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.01%	30.06%	-9.05%