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ISCG vs. IJR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ISCG vs. IJR

Last updated Jun 23, 2026

ISCG (iShares Morningstar Small-Cap Growth ETF) and IJR (iShares Core S&P Small-Cap ETF) are both exchange-traded funds - ISCG is a Small Cap Growth Equities fund tracking the Morningstar US Small Cap Broad Growth Extended 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, ISCG returned 12.03%/yr vs 11.34%/yr for IJR. Their correlation of 0.89 suggests significant overlap in exposure. Both charge a 0.06% expense ratio.

Performance

ISCG vs. IJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar Small-Cap Growth ETF (ISCG) 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, ISCG achieves a 15.33% return, which is significantly lower than IJR's 19.75% return. Over the past 10 years, ISCG has outperformed IJR with an annualized return of 12.03%, while IJR has yielded a comparatively lower 11.34% annualized return.

ISCG

1D
0.09%
1M
3.57%
YTD
15.33%
6M
11.70%
1Y
33.36%
3Y*
17.90%
5Y*
5.29%
10Y*
12.03%

IJR

1D
0.03%
1M
4.58%
YTD
19.75%
6M
16.72%
1Y
36.74%
3Y*
16.28%
5Y*
6.65%
10Y*
11.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ISCG vs. IJR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ISCG
iShares Morningstar Small-Cap Growth ETF		15.33%12.88%13.35%23.13%-26.75%-1.26%43.41%27.66%-6.91%24.68%
IJR
iShares Core S&P Small-Cap ETF		19.75%5.89%8.63%16.06%-16.20%26.58%11.28%22.82%-8.51%13.15%

Correlation

The correlation between ISCG and IJR is 0.89, 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

0.89

Correlation (3Y)
Calculated over the trailing 3-year period

0.92

Correlation (5Y)
Calculated over the trailing 5-year period

0.92

Correlation (10Y)
Calculated over the trailing 10-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Jul 7, 2004

0.89

The correlation between ISCG and IJR has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.

ISCG vs. IJR - Sectors Allocation Comparison

Sectors
ISCG
IJR

Industrials

24.4%
16.0%

Technology

22.0%
15.9%

Healthcare

16.8%
11.0%

Financial Services

9.9%
16.0%

Consumer Cyclical

8.8%
12.5%

Real Estate

4.8%
7.5%

Energy

3.3%
6.8%

Basic Materials

3.2%
4.7%

Communication Services

2.8%
3.2%

Consumer Defensive

2.7%
3.2%

Utilities

1.1%
1.9%

Industrials

ISCG
24.4%
IJR
16.0%

Technology

ISCG
22.0%
IJR
15.9%

Healthcare

ISCG
16.8%
IJR
11.0%

Financial Services

ISCG
9.9%
IJR
16.0%

Consumer Cyclical

ISCG
8.8%
IJR
12.5%

Real Estate

ISCG
4.8%
IJR
7.5%

Energy

ISCG
3.3%
IJR
6.8%

Basic Materials

ISCG
3.2%
IJR
4.7%

Communication Services

ISCG
2.8%
IJR
3.2%

Consumer Defensive

ISCG
2.7%
IJR
3.2%

Utilities

ISCG
1.1%
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 Morningstar Small-Cap Growth ETF

iShares Core S&P Small-Cap ETF

Often compared with ISCG:
ISCG vs. DGROISCG vs. VBKISCG vs. IJTISCG vs. ISCBISCG vs. VIOGISCG vs. VBRISCG vs. VB
Often compared with IJR:
IJR vs. IWMIJR vs. VBIJR vs. AVUVIJR vs. IJHIJR vs. IJSIJR vs. SCHAIJR vs. VBR

Return for Risk

ISCG vs. IJR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ISCG
ISCG Risk / Return Rank: 5656
Overall Rank
ISCG Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
ISCG Sortino Ratio Rank: 5454
Sortino Ratio Rank
ISCG Omega Ratio Rank: 4949
Omega Ratio Rank
ISCG Calmar Ratio Rank: 6161
Calmar Ratio Rank
ISCG Martin Ratio Rank: 6464
Martin Ratio Rank
IJR
IJR Risk / Return Rank: 7171
Overall Rank
IJR Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
IJR Sortino Ratio Rank: 6969
Sortino Ratio Rank
IJR Omega Ratio Rank: 6060
Omega Ratio Rank
IJR Calmar Ratio Rank: 8383
Calmar Ratio Rank
IJR Martin Ratio Rank: 7777
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.

ISCG vs. IJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small-Cap Growth ETF (ISCG) 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.

ISCGIJRDifference
Sharpe ratioReturn per unit of total volatility
1.80
2.08

-0.28

Sortino ratioReturn per unit of downside risk
2.52
2.99

-0.47

Omega ratioGain probability vs. loss probability

1.30

1.36

-0.05

Calmar ratioReturn relative to maximum drawdown

2.93

4.25

-1.32

Martin ratioReturn relative to average drawdown

11.16

14.27

-3.11

ISCG vs. IJR - Sharpe Ratio Comparison

The current ISCG Sharpe Ratio is 1.80, which is comparable to the IJR Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of ISCG 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

ISCG vs. IJR - Drawdown Comparison

The maximum ISCG drawdown since its inception was -57.72%, roughly equal to the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for ISCG and IJR.

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Drawdown Indicators

ISCGIJRDifference

Max Drawdown

Largest peak-to-trough decline

-57.72%

-58.15%

+0.43%

Max Drawdown (1Y)

Largest decline over 1 year

-11.43%

-8.68%

-2.75%

Max Drawdown (3Y)

Largest decline over 3 years

-26.71%

-28.02%

+1.31%

Max Drawdown (5Y)

Largest decline over 5 years

-37.80%

-28.02%

-9.78%

Max Drawdown (10Y)

Largest decline over 10 years

-41.48%

-44.36%

+2.88%

Current Drawdown

Current decline from peak

0.00%

-0.09%

+0.09%

Average Drawdown

Average peak-to-trough decline

-11.61%

-9.26%

-2.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.00%

2.58%

+0.42%

Volatility

ISCG vs. IJR - Volatility Comparison

iShares Morningstar Small-Cap Growth ETF (ISCG) has a higher volatility of 5.78% compared to iShares Core S&P Small-Cap ETF (IJR) at 4.92%. This indicates that ISCG'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

ISCGIJRDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.78%

4.92%

+0.86%

Volatility (6M)

Calculated over the trailing 6-month period

13.64%

12.05%

+1.59%

Volatility (1Y)

Calculated over the trailing 1-year period

18.60%

17.76%

+0.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.03%

21.40%

+1.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.20%

22.93%

+0.27%

ISCG vs. IJR - Expense Ratio Comparison

Both ISCG and IJR have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ISCG vs. IJR - Dividend Comparison

ISCG's dividend yield for the trailing twelve months is around 0.58%, less than IJR's 1.15% yield.

PositionTTM20252024202320222021202020192018201720162015
IJR
iShares Core S&P Small-Cap ETF		1.15%1.44%2.05%1.31%1.41%1.53%1.11%1.44%1.58%1.20%1.22%1.48%
ISCG
iShares Morningstar Small-Cap Growth ETF		0.58%0.61%0.84%0.77%0.92%0.62%0.10%0.27%0.40%0.52%1.19%0.64%

Frequently Asked Questions

ISCG and IJR have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ISCG has higher volatility (5.78%) compared to IJR (4.92%). In terms of maximum drawdown, ISCG dropped -57.72% vs IJR's -58.15%.

On 10-year performance, ISCG leads with 12.03% vs 11.34% for IJR. Both ETFs have the same 0.06% expense ratio. On volatility, IJR has been the lower-risk option at 4.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ISCG has performed better with a 12.03% return vs 11.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ISCG and IJR have the same expense ratio: 0.06% per year.

IJR has the higher dividend yield at 1.15%, compared with 0.58% for ISCG.

ISCG is categorized as Small Cap Growth Equities, while IJR is Small Cap Blend Equities. ISCG tracks Morningstar US Small Cap Broad Growth Extended Index, while IJR tracks S&P SmallCap 600 Index.

IJR currently has the higher Sharpe Ratio (2.08 vs 1.80), 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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