IJT vs. JHSC

Last updated Jul 14, 2026

IJT (iShares S&P SmallCap 600 Growth ETF) and JHSC (John Hancock Multifactor Small Cap ETF) are both Small Cap Growth Equities funds - IJT tracks the S&P SmallCap 600 Growth Index while JHSC tracks the John Hancock Dimensional Small Cap Index. Both are passively managed. Over the past 5 years, IJT returned 7.17%/yr vs 8.08%/yr for JHSC. With a 0.95 correlation, they move nearly in lockstep. IJT charges 0.18%/yr vs 0.42%/yr for JHSC.

Performance

IJT vs. JHSC - Performance Comparison

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

Returns By Period

In the year-to-date period, IJT achieves a 22.61% return, which is significantly higher than JHSC's 14.33% return.

IJT

• 1D: -1.00%
• 1M: 2.24%
• 6M: 16.81%
• YTD: 22.61%
• 1Y: 28.00%
• 3Y*: 14.93%
• 5Y*: 7.17%
• 10Y*: 10.95%

JHSC

• 1D: -0.60%
• 1M: 0.02%
• 6M: 8.44%
• YTD: 14.33%
• 1Y: 20.65%
• 3Y*: 13.12%
• 5Y*: 8.08%
• 10Y*: —

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

IJT vs. JHSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJT iShares S&P SmallCap 600 Growth ETF	22.61%	5.26%	9.33%	17.11%	-21.32%	22.37%	19.22%	20.98%	-4.40%	4.39%
JHSC John Hancock Multifactor Small Cap ETF	14.33%	6.88%	9.74%	20.77%	-14.65%	19.55%	11.60%	24.43%	-12.50%	4.48%

Correlation

The correlation between IJT and JHSC is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017	0.95

The correlation between IJT and JHSC has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

IJT vs. JHSC - Sectors Allocation Comparison

Sectors	IJT	JHSC
Technology	21.2%	14.7%
Industrials	18.7%	16.7%
Healthcare	14.7%	8.4%
Financial Services	13.5%	18.6%
Consumer Cyclical	10.7%	13.5%
Real Estate	6.5%	6.2%
Energy	3.8%	6.7%
Consumer Defensive	3.3%	3.1%
Basic Materials	3.0%	5.2%
Communication Services	2.9%	2.8%
Utilities	1.7%	3.8%

Return for Risk

IJT vs. JHSC — Risk / Return Rank

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

IJT

IJT Risk / Return Rank: 66
IJT Sharpe Ratio Rank: 59
IJT Sortino Ratio Rank: 64
IJT Omega Ratio Rank: 55
IJT Calmar Ratio Rank: 76
IJT Martin Ratio Rank: 74

JHSC

JHSC Risk / Return Rank: 49
JHSC Sharpe Ratio Rank: 46
JHSC Sortino Ratio Rank: 48
JHSC Omega Ratio Rank: 43
JHSC Calmar Ratio Rank: 54
JHSC Martin Ratio Rank: 54

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. JHSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Growth ETF (IJT) and John Hancock Multifactor Small Cap ETF (JHSC). 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.

	IJT	JHSC	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.28	+0.29
Sortino ratio: Return per unit of downside risk	2.36	1.95	+0.41
Omega ratio: Gain probability vs. loss probability	1.27	1.23	+0.05
Calmar ratio: Return relative to maximum drawdown	3.10	2.15	+0.94
Martin ratio: Return relative to average drawdown	10.77	7.47	+3.30

IJT vs. JHSC - Sharpe Ratio Comparison

The current IJT Sharpe Ratio is 1.57, which is comparable to the JHSC Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of IJT and JHSC, 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

IJT vs. JHSC - Drawdown Comparison

The maximum IJT drawdown since its inception was -57.61%, which is greater than JHSC's maximum drawdown of -42.66%. Use the drawdown chart below to compare losses from any high point for IJT and JHSC.

Drawdown Indicators

	IJT	JHSC	Difference
Max Drawdown Largest peak-to-trough decline	-57.61%	-42.66%	-14.95%
Max Drawdown (1Y) Largest decline over 1 year	-9.08%	-9.63%	+0.55%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	-25.16%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-29.24%	-25.21%	-4.03%
Max Drawdown (10Y) Largest decline over 10 years	-42.03%	—	—
Current Drawdown Current decline from peak	-3.39%	-1.52%	-1.87%
Average Drawdown Average peak-to-trough decline	-10.27%	-7.69%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.77%	-0.16%

Volatility

IJT vs. JHSC - Volatility Comparison

iShares S&P SmallCap 600 Growth ETF (IJT) has a higher volatility of 5.20% compared to John Hancock Multifactor Small Cap ETF (JHSC) at 3.95%. This indicates that IJT's price experiences larger fluctuations and is considered to be riskier than JHSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJT	JHSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	3.95%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	13.07%	11.24%	+1.83%
Volatility (1Y) Calculated over the trailing 1-year period	17.93%	16.21%	+1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.53%	20.11%	+1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.99%	22.12%	+0.87%

IJT vs. JHSC - Expense Ratio Comparison

IJT has a 0.18% expense ratio, which is lower than JHSC's 0.42% expense ratio.

Dividends

IJT vs. JHSC - Dividend Comparison

IJT's dividend yield for the trailing twelve months is around 0.70%, less than JHSC's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
JHSC John Hancock Multifactor Small Cap ETF	1.02%	1.13%	0.96%	0.98%	1.13%	1.08%	1.12%	1.14%	1.09%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IJT and JHSC in my portfolio?

With a correlation of 0.94, IJT and JHSC 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, IJT or JHSC?

IJT has higher volatility (5.20%) compared to JHSC (3.95%). In terms of maximum drawdown, IJT dropped -57.61% vs JHSC's -42.66%.

Which ETF is better, IJT or JHSC?

On 5-year performance, JHSC leads with 8.08% vs 7.17% for IJT. On fees, IJT is cheaper at 0.18% per year. On volatility, JHSC has been the lower-risk option at 3.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IJT or JHSC?

Over the 5-year period, JHSC has performed better with a 8.08% return vs 7.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IJT or JHSC?

IJT is cheaper with a 0.18% expense ratio, compared with 0.42% for JHSC.

Which ETF pays a higher dividend yield, IJT or JHSC?

JHSC has the higher dividend yield at 1.02%, compared with 0.70% for IJT.

What is the main difference between IJT and JHSC?

IJT tracks S&P SmallCap 600 Growth Index, while JHSC tracks John Hancock Dimensional Small Cap Index. They also come from different issuers: iShares and Manulife. Their fees differ too: 0.18% for IJT and 0.42% for JHSC.

Which has better risk-adjusted returns?

IJT currently has the higher Sharpe Ratio (1.57 vs 1.28), 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.