IJK vs. IJH

Last updated Jun 20, 2026

IJK (iShares S&P MidCap 400 Growth ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - IJK is a Mid Cap Growth Equities fund tracking the S&P MidCap 400 Growth 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, IJK returned 11.71%/yr vs 11.43%/yr for IJH. With a 0.97 correlation, they move nearly in lockstep. IJK charges 0.17%/yr vs 0.05%/yr for IJH.

Performance

IJK vs. IJH - Performance Comparison

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

Returns By Period

In the year-to-date period, IJK achieves a 19.65% return, which is significantly higher than IJH's 15.37% return. Both investments have delivered pretty close results over the past 10 years, with IJK having a 11.71% annualized return and IJH not far behind at 11.43%.

IJK

• 1D: 1.29%
• 1M: 4.70%
• YTD: 19.65%
• 6M: 18.04%
• 1Y: 31.58%
• 3Y*: 17.26%
• 5Y*: 9.17%
• 10Y*: 11.71%

IJH

• 1D: 1.07%
• 1M: 4.37%
• YTD: 15.37%
• 6M: 13.91%
• 1Y: 27.00%
• 3Y*: 15.37%
• 5Y*: 9.37%
• 10Y*: 11.43%

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

IJK vs. IJH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJK iShares S&P MidCap 400 Growth ETF	19.65%	7.28%	15.68%	17.41%	-19.03%	18.68%	22.45%	25.96%	-10.53%	19.64%
IJH iShares Core S&P Mid-Cap ETF	15.37%	7.42%	13.92%	16.40%	-13.11%	24.72%	13.60%	26.10%	-11.19%	16.26%

Correlation

The correlation between IJK and IJH is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jul 28, 2000	0.97

The correlation between IJK and IJH has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

IJK vs. IJH - Sectors Allocation Comparison

Sectors	IJK	IJH
Industrials	30.2%	25.9%
Technology	24.8%	16.6%
Healthcare	13.7%	8.7%
Consumer Cyclical	7.5%	9.2%
Financial Services	6.7%	13.5%
Real Estate	5.3%	7.5%
Basic Materials	3.5%	4.9%
Energy	3.2%	5.3%
Utilities	2.0%	3.0%
Consumer Defensive	1.8%	4.2%
Communication Services	1.4%	1.0%

Return for Risk

IJK vs. IJH — Risk / Return Rank

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

IJK

IJK Risk / Return Rank: 60
IJK Sharpe Ratio Rank: 56
IJK Sortino Ratio Rank: 56
IJK Omega Ratio Rank: 53
IJK Calmar Ratio Rank: 67
IJK Martin Ratio Rank: 70

IJH

IJH Risk / Return Rank: 57
IJH Sharpe Ratio Rank: 52
IJH Sortino Ratio Rank: 54
IJH Omega Ratio Rank: 50
IJH Calmar Ratio Rank: 65
IJH Martin Ratio Rank: 64

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. IJH - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IJK	IJH	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.71	+0.10
Sortino ratio: Return per unit of downside risk	2.57	2.49	+0.08
Omega ratio: Gain probability vs. loss probability	1.32	1.30	+0.01
Calmar ratio: Return relative to maximum drawdown	3.20	3.07	+0.13
Martin ratio: Return relative to average drawdown	12.55	11.23	+1.33

IJK vs. IJH - Sharpe Ratio Comparison

The current IJK Sharpe Ratio is 1.81, which is comparable to the IJH Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of IJK 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.

Drawdowns

IJK vs. IJH - Drawdown Comparison

The maximum IJK drawdown since its inception was -54.47%, roughly equal to the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for IJK and IJH.

Drawdown Indicators

	IJK	IJH	Difference
Max Drawdown Largest peak-to-trough decline	-54.47%	-55.07%	+0.60%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-8.83%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-25.63%	-24.10%	-1.53%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-24.10%	-5.14%
Max Drawdown (10Y) Largest decline over 10 years	-39.25%	-42.18%	+2.93%
Current Drawdown Current decline from peak	-0.20%	-0.50%	+0.30%
Average Drawdown Average peak-to-trough decline	-10.78%	-7.56%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	2.41%	+0.11%

Volatility

IJK vs. IJH - Volatility Comparison

iShares S&P MidCap 400 Growth ETF (IJK) has a higher volatility of 5.79% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.87%. This indicates that IJK's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJK	IJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	4.87%	+0.92%
Volatility (6M) Calculated over the trailing 6-month period	13.78%	11.71%	+2.07%
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	15.84%	+1.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.78%	19.77%	+1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.11%	21.20%	-0.09%

IJK vs. IJH - Expense Ratio Comparison

IJK has a 0.17% 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

IJK vs. IJH - Dividend Comparison

IJK's dividend yield for the trailing twelve months is around 0.53%, less than IJH's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJH iShares Core S&P Mid-Cap ETF	1.17%	1.36%	1.33%	1.46%	1.68%	1.18%	1.28%	1.63%	1.72%	1.19%	1.60%	1.56%
IJK iShares S&P MidCap 400 Growth ETF	0.53%	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 IJH in my portfolio?

With a correlation of 0.96, IJK 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.

Which is riskier, IJK or IJH?

IJK has higher volatility (5.79%) compared to IJH (4.87%). In terms of maximum drawdown, IJK dropped -54.47% vs IJH's -55.07%.

Which ETF is better, IJK or IJH?

On 10-year performance, IJK leads with 11.71% vs 11.43% for IJH. On fees, IJH is cheaper at 0.05% per year. On volatility, IJH has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IJK or IJH?

Over the 10-year period, IJK has performed better with a 11.71% return vs 11.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IJK or IJH?

IJH is cheaper with a 0.05% expense ratio, compared with 0.17% for IJK.

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

IJH has the higher dividend yield at 1.17%, compared with 0.53% for IJK.

What is the main difference between IJK and IJH?

IJK is categorized as Mid Cap Growth Equities, while IJH is Mid Cap Blend Equities. IJK tracks S&P MidCap 400 Growth Index, while IJH tracks S&P MidCap 400 Index. Their fees differ too: 0.17% for IJK and 0.05% for IJH.

Which has better risk-adjusted returns?

IJK currently has the higher Sharpe Ratio (1.81 vs 1.71), 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.