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ITB vs. IJR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITB vs. IJR

Last updated Jun 16, 2026

ITB (iShares U.S. Home Construction ETF) and IJR (iShares Core S&P Small-Cap ETF) are both exchange-traded funds - ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction 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, ITB returned 14.32%/yr vs 11.21%/yr for IJR. A 0.70 correlation means they provide meaningful diversification when combined. ITB charges 0.38%/yr vs 0.06%/yr for IJR.

Performance

ITB vs. IJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Home Construction ETF (ITB) 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, ITB achieves a 1.18% return, which is significantly lower than IJR's 19.86% return. Over the past 10 years, ITB has outperformed IJR with an annualized return of 14.32%, while IJR has yielded a comparatively lower 11.21% annualized return.

ITB

1D
0.31%
1M
12.49%
YTD
1.18%
6M
-4.59%
1Y
8.99%
3Y*
7.33%
5Y*
8.75%
10Y*
14.32%

IJR

1D
0.11%
1M
7.39%
YTD
19.86%
6M
16.97%
1Y
37.16%
3Y*
15.09%
5Y*
6.35%
10Y*
11.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITB vs. IJR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ITB
iShares U.S. Home Construction ETF		1.18%-5.26%2.06%68.91%-26.26%49.25%26.42%48.70%-30.92%59.65%
IJR
iShares Core S&P Small-Cap ETF		19.86%5.89%8.63%16.06%-16.20%26.58%11.28%22.82%-8.51%13.15%

Correlation

The correlation between ITB and IJR is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.70

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

0.72

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

0.74

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

0.69

Correlation (All Time)
Calculated using the full available price history since May 5, 2006

0.70

The correlation between ITB and IJR has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.

ITB vs. IJR - Sectors Allocation Comparison

Sectors
ITB
IJR

Consumer Cyclical

71.3%
12.5%

Industrials

19.5%
16.0%

Basic Materials

8.7%
4.7%

Real Estate

0.5%
7.5%

Communication Services

-

3.2%

Consumer Defensive

-

3.2%

Energy

-

6.8%

Financial Services

-

16.0%

Healthcare

-

11.0%

Technology

-

15.9%

Utilities

-

1.9%

Consumer Cyclical

ITB
71.3%
IJR
12.5%

Industrials

ITB
19.5%
IJR
16.0%

Basic Materials

ITB
8.7%
IJR
4.7%

Real Estate

ITB
0.5%
IJR
7.5%

Communication Services

ITB

-

IJR
3.2%

Consumer Defensive

ITB

-

IJR
3.2%

Energy

ITB

-

IJR
6.8%

Financial Services

ITB

-

IJR
16.0%

Healthcare

ITB

-

IJR
11.0%

Technology

ITB

-

IJR
15.9%

Utilities

ITB

-

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 U.S. Home Construction ETF

iShares Core S&P Small-Cap ETF

Often compared with ITB:
ITB vs. XHBITB vs. NAILITB vs. PKBITB vs. SPYITB vs. XLREITB vs. FSHOXITB vs. VGT
Often compared with IJR:
IJR vs. IWMIJR vs. VBIJR vs. AVUVIJR vs. IJSIJR vs. IJHIJR vs. SCHAIJR vs. VBR

Return for Risk

ITB vs. IJR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITB
ITB Risk / Return Rank: 1414
Overall Rank
ITB Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
ITB Sortino Ratio Rank: 1616
Sortino Ratio Rank
ITB Omega Ratio Rank: 1515
Omega Ratio Rank
ITB Calmar Ratio Rank: 1313
Calmar Ratio Rank
ITB Martin Ratio Rank: 1212
Martin Ratio Rank
IJR
IJR Risk / Return Rank: 7777
Overall Rank
IJR Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
IJR Sortino Ratio Rank: 7676
Sortino Ratio Rank
IJR Omega Ratio Rank: 6868
Omega Ratio Rank
IJR Calmar Ratio Rank: 8686
Calmar Ratio Rank
IJR Martin Ratio Rank: 8282
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.

ITB vs. IJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) 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.

ITBIJRDifference
Sharpe ratioReturn per unit of total volatility
0.30
2.12

-1.81

Sortino ratioReturn per unit of downside risk
0.72
3.03

-2.31

Omega ratioGain probability vs. loss probability

1.08

1.36

-0.28

Calmar ratioReturn relative to maximum drawdown

0.35

4.30

-3.95

Martin ratioReturn relative to average drawdown

0.67

14.44

-13.77

ITB vs. IJR - Sharpe Ratio Comparison

The current ITB Sharpe Ratio is 0.30, which is lower than the IJR Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of ITB 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

ITB vs. IJR - Drawdown Comparison

The maximum ITB drawdown since its inception was -86.53%, which is greater than IJR's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for ITB and IJR.

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Drawdown Indicators

ITBIJRDifference

Max Drawdown

Largest peak-to-trough decline

-86.53%

-58.15%

-28.38%

Max Drawdown (1Y)

Largest decline over 1 year

-26.04%

-8.68%

-17.36%

Max Drawdown (3Y)

Largest decline over 3 years

-33.35%

-28.02%

-5.33%

Max Drawdown (5Y)

Largest decline over 5 years

-40.55%

-28.02%

-12.53%

Max Drawdown (10Y)

Largest decline over 10 years

-52.10%

-44.36%

-7.74%

Current Drawdown

Current decline from peak

-23.30%

0.00%

-23.30%

Average Drawdown

Average peak-to-trough decline

-37.08%

-9.27%

-27.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.49%

2.58%

+10.91%

Volatility

ITB vs. IJR - Volatility Comparison

iShares U.S. Home Construction ETF (ITB) has a higher volatility of 9.26% compared to iShares Core S&P Small-Cap ETF (IJR) at 5.17%. This indicates that ITB'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

ITBIJRDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.26%

5.17%

+4.09%

Volatility (6M)

Calculated over the trailing 6-month period

20.89%

11.93%

+8.96%

Volatility (1Y)

Calculated over the trailing 1-year period

29.80%

17.67%

+12.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.29%

21.44%

+7.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.06%

22.93%

+7.13%

ITB vs. IJR - Expense Ratio Comparison

ITB has a 0.38% expense ratio, which is higher than IJR's 0.06% expense ratio.

Dividends

ITB vs. IJR - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 1.33%, less than IJR's 1.42% yield.

PositionTTM20252024202320222021202020192018201720162015
IJR
iShares Core S&P Small-Cap ETF		1.42%1.44%2.05%1.31%1.41%1.53%1.11%1.44%1.58%1.20%1.22%1.48%
ITB
iShares U.S. Home Construction ETF		1.33%1.67%0.46%0.48%0.86%0.37%0.46%0.50%0.63%0.28%0.43%0.34%

Frequently Asked Questions

ITB and IJR have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITB has higher volatility (9.26%) compared to IJR (5.17%). In terms of maximum drawdown, ITB dropped -86.53% vs IJR's -58.15%.

On 10-year performance, ITB leads with 14.32% vs 11.21% for IJR. On fees, IJR is cheaper at 0.06% per year. On volatility, IJR has been the lower-risk option at 5.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ITB has performed better with a 14.32% return vs 11.21%. 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 0.38% for ITB.

IJR has the higher dividend yield at 1.42%, compared with 1.33% for ITB.

ITB is categorized as Building & Construction, while IJR is Small Cap Blend Equities. ITB tracks Dow Jones U.S. Select Home Construction Index, while IJR tracks S&P SmallCap 600 Index. Their fees differ too: 0.38% for ITB and 0.06% for IJR.

IJR currently has the higher Sharpe Ratio (2.12 vs 0.30), 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

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