IJT vs. IJK

Last updated Apr 2, 2026

Compare and contrast key facts about iShares S&P SmallCap 600 Growth ETF (IJT) and iShares S&P MidCap 400 Growth ETF (IJK).

IJT and IJK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IJT is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600/Citigroup Growth Index. It was launched on Jul 24, 2000. 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. Both IJT and IJK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IJT vs. IJK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P SmallCap 600 Growth ETF (IJT) and iShares S&P MidCap 400 Growth ETF (IJK). The values are adjusted to include any dividend payments, if applicable.

IJT vs. IJK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJT iShares S&P SmallCap 600 Growth ETF	3.64%	5.26%	9.33%	17.11%	-21.32%	22.37%	19.22%	20.98%	-4.40%	14.47%
IJK iShares S&P MidCap 400 Growth ETF	5.12%	7.28%	15.68%	17.41%	-19.03%	18.68%	22.45%	25.96%	-10.53%	19.64%

Returns By Period

In the year-to-date period, IJT achieves a 3.64% return, which is significantly lower than IJK's 5.12% return. Over the past 10 years, IJT has underperformed IJK with an annualized return of 9.91%, while IJK has yielded a comparatively higher 10.57% annualized return.

IJT

• 1D: 0.95%
• 1M: -4.59%
• YTD: 3.64%
• 6M: 3.69%
• 1Y: 18.27%
• 3Y*: 11.05%
• 5Y*: 3.29%
• 10Y*: 9.91%

IJK

• 1D: 1.11%
• 1M: -5.74%
• YTD: 5.12%
• 6M: 6.22%
• 1Y: 22.12%
• 3Y*: 13.42%
• 5Y*: 5.91%
• 10Y*: 10.57%

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

IJT vs. IJK - Expense Ratio Comparison

IJT has a 0.25% expense ratio, which is higher than IJK's 0.24% 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%.

IJT

iShares S&P SmallCap 600 Growth ETF

IJK

iShares S&P MidCap 400 Growth ETF

Return for Risk

IJT vs. IJK — Risk / Return Rank

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

IJT

IJT Risk / Return Rank: 46
IJT Sharpe Ratio Rank: 43
IJT Sortino Ratio Rank: 46
IJT Omega Ratio Rank: 41
IJT Calmar Ratio Rank: 48
IJT Martin Ratio Rank: 53

IJK

IJK Risk / Return Rank: 59
IJK Sharpe Ratio Rank: 54
IJK Sortino Ratio Rank: 57
IJK Omega Ratio Rank: 53
IJK Calmar Ratio Rank: 63
IJK Martin Ratio Rank: 67

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.

IJT vs. IJK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Growth ETF (IJT) and iShares S&P MidCap 400 Growth ETF (IJK). 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.

	IJT	IJK	Difference
Sharpe ratio Return per unit of total volatility	0.83	0.99	-0.17
Sortino ratio Return per unit of downside risk	1.31	1.53	-0.22
Omega ratio Gain probability vs. loss probability	1.17	1.21	-0.04
Calmar ratio Return relative to maximum drawdown	1.32	1.68	-0.35
Martin ratio Return relative to average drawdown	5.42	7.18	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJT vs. IJK - Sharpe Ratio Comparison

The current IJT Sharpe Ratio is 0.83, which is comparable to the IJK Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of IJT and IJK, 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

	IJT	IJK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	0.99	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.29	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.50	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.35	+0.03

Correlation

The correlation between IJT and IJK is 0.93, 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

IJT vs. IJK - Dividend Comparison

IJT's dividend yield for the trailing twelve months is around 0.86%, more than IJK's 0.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJT iShares S&P SmallCap 600 Growth ETF	0.86%	0.91%	1.06%	1.02%	1.08%	0.63%	0.68%	0.92%	0.92%	0.86%	1.03%	1.14%
IJK iShares S&P MidCap 400 Growth ETF	0.61%	0.66%	0.79%	1.13%	1.08%	0.50%	0.70%	1.09%	1.13%	0.93%	1.15%	1.12%

Drawdowns

IJT vs. IJK - Drawdown Comparison

The maximum IJT drawdown since its inception was -57.61%, which is greater than IJK's maximum drawdown of -54.47%. Use the drawdown chart below to compare losses from any high point for IJT and IJK.

Drawdown Indicators

	IJT	IJK	Difference
Max Drawdown Largest peak-to-trough decline	-57.61%	-54.47%	-3.14%
Max Drawdown (1Y) Largest decline over 1 year	-13.92%	-13.71%	-0.21%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-29.24%	0.00%
Max Drawdown (10Y) Largest decline over 10 years	-42.03%	-39.25%	-2.78%
Current Drawdown Current decline from peak	-5.00%	-5.74%	+0.74%
Average Drawdown Average peak-to-trough decline	-10.37%	-10.86%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	3.20%	+0.19%

Volatility

IJT vs. IJK - Volatility Comparison

The current volatility for iShares S&P SmallCap 600 Growth ETF (IJT) is 7.29%, while iShares S&P MidCap 400 Growth ETF (IJK) has a volatility of 7.86%. This indicates that IJT experiences smaller price fluctuations and is considered to be less risky than IJK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJT	IJK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	7.86%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	13.37%	-0.23%
Volatility (1Y) Calculated over the trailing 1-year period	22.19%	22.39%	-0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.56%	20.63%	+0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.00%	21.00%	+2.00%