PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ISMD vs. IJR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ISMD vs. IJR

Last updated Jun 24, 2026

ISMD (Inspire Small/Mid Cap Impact ETF) and IJR (iShares Core S&P Small-Cap ETF) are both Small Cap Blend Equities funds - ISMD tracks the Inspire Small/Mid Cap Impact Equal Weight Index while IJR tracks the S&P SmallCap 600 Index. Both are passively managed. Over the past 5 years, ISMD returned 8.35%/yr vs 6.29%/yr for IJR. Their correlation of 0.94 suggests significant overlap in exposure. ISMD charges 0.57%/yr vs 0.06%/yr for IJR.

Performance

ISMD vs. IJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Small/Mid Cap Impact ETF (ISMD) and iShares Core S&P Small-Cap ETF (IJR). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ISMD achieves a 25.15% return, which is significantly higher than IJR's 19.34% return.

ISMD

1D
-0.48%
1M
4.38%
YTD
25.15%
6M
22.92%
1Y
38.78%
3Y*
17.34%
5Y*
8.35%
10Y*
—

IJR

1D
-0.34%
1M
4.22%
YTD
19.34%
6M
16.86%
1Y
34.47%
3Y*
16.15%
5Y*
6.29%
10Y*
11.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ISMD vs. IJR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ISMD
Inspire Small/Mid Cap Impact ETF		25.15%4.14%9.53%16.74%-13.44%29.38%7.45%24.62%-12.63%8.73%
IJR
iShares Core S&P Small-Cap ETF		19.34%5.89%8.63%16.06%-16.20%26.58%11.28%22.82%-8.51%10.21%

Correlation

The correlation between ISMD and IJR is 0.95, 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

0.95

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

0.96

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

0.96

Correlation (All Time)
Calculated using the full available price history since Feb 28, 2017

0.94

The correlation between ISMD and IJR has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

ISMD vs. IJR - Sectors Allocation Comparison

Sectors
ISMD
IJR

Technology

17.6%
15.9%

Industrials

16.7%
16.0%

Financial Services

15.0%
16.0%

Consumer Cyclical

11.0%
12.5%

Healthcare

10.4%
11.0%

Real Estate

8.1%
7.5%

Consumer Defensive

5.3%
3.2%

Basic Materials

4.8%
4.7%

Energy

3.7%
6.8%

Utilities

3.1%
1.9%

Communication Services

2.8%
3.2%

Technology

ISMD
17.6%
IJR
15.9%

Industrials

ISMD
16.7%
IJR
16.0%

Financial Services

ISMD
15.0%
IJR
16.0%

Consumer Cyclical

ISMD
11.0%
IJR
12.5%

Healthcare

ISMD
10.4%
IJR
11.0%

Real Estate

ISMD
8.1%
IJR
7.5%

Consumer Defensive

ISMD
5.3%
IJR
3.2%

Basic Materials

ISMD
4.8%
IJR
4.7%

Energy

ISMD
3.7%
IJR
6.8%

Utilities

ISMD
3.1%
IJR
1.9%

Communication Services

ISMD
2.8%
IJR
3.2%

Compare stocks, funds, or ETFs

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

Inspire Small/Mid Cap Impact ETF

iShares Core S&P Small-Cap ETF

Often compared with ISMD:
ISMD vs. SPMOISMD vs. TPSCISMD vs. TAAGXISMD vs. XMMOISMD vs. TPHDISMD vs. BIBLISMD vs. ^GSPC
Often compared with IJR:
IJR vs. IWMIJR vs. VBIJR vs. AVUVIJR vs. IJHIJR vs. IJSIJR vs. SCHAIJR vs. VBR

Return for Risk

ISMD vs. IJR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ISMD
ISMD Risk / Return Rank: 7171
Overall Rank
ISMD Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
ISMD Sortino Ratio Rank: 6969
Sortino Ratio Rank
ISMD Omega Ratio Rank: 6363
Omega Ratio Rank
ISMD Calmar Ratio Rank: 8181
Calmar Ratio Rank
ISMD Martin Ratio Rank: 7373
Martin Ratio Rank
IJR
IJR Risk / Return Rank: 6767
Overall Rank
IJR Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
IJR Sortino Ratio Rank: 6363
Sortino Ratio Rank
IJR Omega Ratio Rank: 5656
Omega Ratio Rank
IJR Calmar Ratio Rank: 7979
Calmar Ratio Rank
IJR Martin Ratio Rank: 7474
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.

ISMD vs. IJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Small/Mid Cap Impact ETF (ISMD) 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.

ISMDIJRDifference
Sharpe ratioReturn per unit of total volatility
2.08
1.96

+0.13

Sortino ratioReturn per unit of downside risk
2.92
2.84

+0.09

Omega ratioGain probability vs. loss probability

1.35

1.34

+0.02

Calmar ratioReturn relative to maximum drawdown

4.04

3.99

+0.05

Martin ratioReturn relative to average drawdown

12.71

13.39

-0.68

ISMD vs. IJR - Sharpe Ratio Comparison

The current ISMD Sharpe Ratio is 2.08, which is comparable to the IJR Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of ISMD 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.

Loading charts...

Drawdowns

ISMD vs. IJR - Drawdown Comparison

The maximum ISMD drawdown since its inception was -44.60%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for ISMD and IJR.

Loading charts...

Drawdown Indicators

ISMDIJRDifference

Max Drawdown

Largest peak-to-trough decline

-44.60%

-58.15%

+13.55%

Max Drawdown (1Y)

Largest decline over 1 year

-9.64%

-8.68%

-0.96%

Max Drawdown (3Y)

Largest decline over 3 years

-26.64%

-28.02%

+1.38%

Max Drawdown (5Y)

Largest decline over 5 years

-26.64%

-28.02%

+1.38%

Max Drawdown (10Y)

Largest decline over 10 years

—

-44.36%

—

Current Drawdown

Current decline from peak

-0.64%

-0.43%

-0.21%

Average Drawdown

Average peak-to-trough decline

-8.13%

-9.26%

+1.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

2.58%

+0.48%

Volatility

ISMD vs. IJR - Volatility Comparison

Inspire Small/Mid Cap Impact ETF (ISMD) has a higher volatility of 5.66% compared to iShares Core S&P Small-Cap ETF (IJR) at 4.96%. This indicates that ISMD'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.

Loading charts...

Volatility by Period

ISMDIJRDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.66%

4.96%

+0.70%

Volatility (6M)

Calculated over the trailing 6-month period

13.05%

12.06%

+0.99%

Volatility (1Y)

Calculated over the trailing 1-year period

18.76%

17.73%

+1.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.88%

21.40%

-0.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.72%

22.90%

+0.82%

ISMD vs. IJR - Expense Ratio Comparison

ISMD has a 0.57% expense ratio, which is higher than IJR's 0.06% expense ratio.

Dividends

ISMD vs. IJR - Dividend Comparison

ISMD's dividend yield for the trailing twelve months is around 0.92%, 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%
ISMD
Inspire Small/Mid Cap Impact ETF		0.92%1.21%1.24%1.17%1.28%9.35%0.99%0.88%1.35%2.02%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.95, ISMD 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.

ISMD has higher volatility (5.66%) compared to IJR (4.96%). In terms of maximum drawdown, ISMD dropped -44.60% vs IJR's -58.15%.

On 5-year performance, ISMD leads with 8.35% vs 6.29% for IJR. On fees, IJR is cheaper at 0.06% per year. On volatility, IJR has been the lower-risk option at 4.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, ISMD has performed better with a 8.35% return vs 6.29%. 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 0.57% for ISMD.

IJR has the higher dividend yield at 1.15%, compared with 0.92% for ISMD.

ISMD tracks Inspire Small/Mid Cap Impact Equal Weight Index, while IJR tracks S&P SmallCap 600 Index. They also come from different issuers: Inspire and iShares. Their fees differ too: 0.57% for ISMD and 0.06% for IJR.

ISMD currently has the higher Sharpe Ratio (2.08 vs 1.96), 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.

Portfolio Optimizer

Find the right allocation for ISMD and IJR

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer