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IJT vs. IJR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJT vs. IJR

Last updated Jun 25, 2026

IJT (iShares S&P SmallCap 600 Growth ETF) and IJR (iShares Core S&P Small-Cap ETF) are both exchange-traded funds - IJT is a Small Cap Growth Equities fund tracking the S&P SmallCap 600 Growth Index, while IJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index. Both are passively managed. Over the past 10 years, IJT returned 11.74%/yr vs 11.43%/yr for IJR. With a 0.97 correlation, they move nearly in lockstep. IJT charges 0.18%/yr vs 0.06%/yr for IJR.

Performance

IJT vs. IJR - 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 Core S&P Small-Cap ETF (IJR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJT achieves a 22.75% return, which is significantly higher than IJR's 20.72% return. Both investments have delivered pretty close results over the past 10 years, with IJT having a 11.74% annualized return and IJR not far behind at 11.43%.

IJT

1D
1.25%
1M
6.84%
YTD
22.75%
6M
19.00%
1Y
31.95%
3Y*
17.19%
5Y*
6.38%
10Y*
11.74%

IJR

1D
1.16%
1M
5.43%
YTD
20.72%
6M
17.82%
1Y
34.67%
3Y*
16.60%
5Y*
6.51%
10Y*
11.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJT vs. IJR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJT
iShares S&P SmallCap 600 Growth ETF		22.75%5.26%9.33%17.11%-21.32%22.37%19.22%20.98%-4.40%14.47%
IJR
iShares Core S&P Small-Cap ETF		20.72%5.89%8.63%16.06%-16.20%26.58%11.28%22.82%-8.51%13.15%

Correlation

The correlation between IJT and IJR is 0.97 - 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

0.97

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

0.98

Correlation (All Time)
Calculated using the full available price history since Jul 28, 2000

0.97

The correlation between IJT and IJR has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

IJT vs. IJR - Sectors Allocation Comparison

Sectors
IJT
IJR

Technology

21.2%
15.9%

Industrials

18.7%
16.0%

Healthcare

14.7%
11.0%

Financial Services

13.5%
16.0%

Consumer Cyclical

10.7%
12.5%

Real Estate

6.5%
7.5%

Energy

3.8%
6.8%

Consumer Defensive

3.3%
3.2%

Basic Materials

3.0%
4.7%

Communication Services

2.9%
3.2%

Utilities

1.7%
1.9%

Technology

IJT
21.2%
IJR
15.9%

Industrials

IJT
18.7%
IJR
16.0%

Healthcare

IJT
14.7%
IJR
11.0%

Financial Services

IJT
13.5%
IJR
16.0%

Consumer Cyclical

IJT
10.7%
IJR
12.5%

Real Estate

IJT
6.5%
IJR
7.5%

Energy

IJT
3.8%
IJR
6.8%

Consumer Defensive

IJT
3.3%
IJR
3.2%

Basic Materials

IJT
3.0%
IJR
4.7%

Communication Services

IJT
2.9%
IJR
3.2%

Utilities

IJT
1.7%
IJR
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares S&P SmallCap 600 Growth ETF

iShares Core S&P Small-Cap ETF

Often compared with IJT:
IJT vs. VBKIJT vs. SLYGIJT vs. ISCGIJT vs. VIOGIJT vs. IWMIJT vs. QQQIJT vs. SCHA
Often compared with IJR:
IJR vs. IWMIJR vs. VBIJR vs. AVUVIJR vs. IJHIJR vs. IJSIJR vs. SCHAIJR vs. VBR

Return for Risk

IJT vs. IJR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJT
IJT Risk / Return Rank: 6666
Overall Rank
IJT Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
IJT Sortino Ratio Rank: 6363
Sortino Ratio Rank
IJT Omega Ratio Rank: 5656
Omega Ratio Rank
IJT Calmar Ratio Rank: 7676
Calmar Ratio Rank
IJT Martin Ratio Rank: 7474
Martin Ratio Rank
IJR
IJR Risk / Return Rank: 7272
Overall Rank
IJR Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
IJR Sortino Ratio Rank: 7070
Sortino Ratio Rank
IJR Omega Ratio Rank: 6262
Omega Ratio Rank
IJR Calmar Ratio Rank: 8383
Calmar Ratio Rank
IJR Martin Ratio Rank: 7878
Martin Ratio Rank
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. IJR - 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 Core S&P Small-Cap ETF (IJR). 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.

IJTIJRDifference
Sharpe ratioReturn per unit of total volatility
1.79
1.97

-0.18

Sortino ratioReturn per unit of downside risk
2.63
2.85

-0.22

Omega ratioGain probability vs. loss probability

1.31

1.34

-0.03

Calmar ratioReturn relative to maximum drawdown

3.53

4.01

-0.48

Martin ratioReturn relative to average drawdown

12.35

13.47

-1.12

IJT vs. IJR - Sharpe Ratio Comparison

The current IJT Sharpe Ratio is 1.79, which is comparable to the IJR Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of IJT and IJR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IJT vs. IJR - Drawdown Comparison

The maximum IJT drawdown since its inception was -57.61%, roughly equal to the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for IJT and IJR.

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Drawdown Indicators

IJTIJRDifference

Max Drawdown

Largest peak-to-trough decline

-57.61%

-58.15%

+0.54%

Max Drawdown (1Y)

Largest decline over 1 year

-9.08%

-8.68%

-0.40%

Max Drawdown (3Y)

Largest decline over 3 years

-27.41%

-28.02%

+0.61%

Max Drawdown (5Y)

Largest decline over 5 years

-29.24%

-28.02%

-1.22%

Max Drawdown (10Y)

Largest decline over 10 years

-42.03%

-44.36%

+2.33%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-10.29%

-9.26%

-1.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

2.58%

+0.01%

Volatility

IJT vs. IJR - Volatility Comparison

iShares S&P SmallCap 600 Growth ETF (IJT) has a higher volatility of 5.38% compared to iShares Core S&P Small-Cap ETF (IJR) at 5.01%. This indicates that IJT's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJTIJRDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.38%

5.01%

+0.37%

Volatility (6M)

Calculated over the trailing 6-month period

13.04%

12.10%

+0.94%

Volatility (1Y)

Calculated over the trailing 1-year period

17.93%

17.71%

+0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.55%

21.40%

+0.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.02%

22.90%

+0.12%

IJT vs. IJR - Expense Ratio Comparison

IJT has a 0.18% expense ratio, which is higher than IJR's 0.06% 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

IJT vs. IJR - Dividend Comparison

IJT's dividend yield for the trailing twelve months is around 0.70%, less than IJR's 1.14% yield.

PositionTTM20252024202320222021202020192018201720162015
IJR
iShares Core S&P Small-Cap ETF		1.14%1.44%2.05%1.31%1.41%1.53%1.11%1.44%1.58%1.20%1.22%1.48%
IJT
iShares S&P SmallCap 600 Growth ETF		0.70%0.91%1.06%1.02%1.08%0.63%0.68%0.92%0.92%0.86%1.03%1.14%

Frequently Asked Questions

With a correlation of 0.97, IJT and IJR 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.

IJT has higher volatility (5.38%) compared to IJR (5.01%). In terms of maximum drawdown, IJT dropped -57.61% vs IJR's -58.15%.

On 10-year performance, IJT leads with 11.74% vs 11.43% for IJR. On fees, IJR is cheaper at 0.06% per year. On volatility, IJR has been the lower-risk option at 5.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IJT has performed better with a 11.74% return vs 11.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJR is cheaper with a 0.06% expense ratio, compared with 0.18% for IJT.

IJR has the higher dividend yield at 1.14%, compared with 0.70% for IJT.

IJT is categorized as Small Cap Growth Equities, while IJR is Small Cap Blend Equities. IJT tracks S&P SmallCap 600 Growth Index, while IJR tracks S&P SmallCap 600 Index. Their fees differ too: 0.18% for IJT and 0.06% for IJR.

IJR currently has the higher Sharpe Ratio (1.97 vs 1.79), 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.

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