MSFT vs. IJR
MSFT (Microsoft Corporation) is a stock, while IJR (iShares Core S&P Small-Cap ETF) is Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index. Over the past 10 years, MSFT returned 24.39%/yr vs 11.16%/yr for IJR. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
MSFT vs. IJR - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than IJR's 19.73% return. Over the past 10 years, MSFT has outperformed IJR with an annualized return of 24.39%, while IJR has yielded a comparatively lower 11.16% annualized return.
MSFT
- 1D
- 0.10%
- 1M
- -7.19%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.07%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
IJR
- 1D
- 0.97%
- 1M
- 5.53%
- YTD
- 19.73%
- 6M
- 16.47%
- 1Y
- 37.01%
- 3Y*
- 14.75%
- 5Y*
- 6.25%
- 10Y*
- 11.16%
MSFT vs. IJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
IJR iShares Core S&P Small-Cap ETF | 19.73% | 5.89% | 8.63% | 16.06% | -16.20% | 26.58% | 11.28% | 22.82% | -8.51% | 13.15% |
Correlation
The correlation between MSFT and IJR is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 26, 2000 | 0.51 |
Over the past year, the correlation between MSFT and IJR has dropped to 0.15 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
MSFT vs. IJR — Risk / Return Rank
MSFT
IJR
MSFT vs. IJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) 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.
| MSFT | IJR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.64 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.33 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 3.97 | -4.50 |
| Martin ratioReturn relative to average drawdown | -1.08 | 13.35 | -14.43 |
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Drawdowns
MSFT vs. IJR - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, which is greater than IJR's maximum drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for MSFT and IJR.
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Drawdown Indicators
| MSFT | IJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -58.15% | -11.23% |
Max Drawdown (1Y)Largest decline over 1 year | -33.91% | -8.68% | -25.23% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -28.02% | -5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -28.02% | -9.13% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -44.36% | +7.21% |
Current DrawdownCurrent decline from peak | -27.46% | 0.00% | -27.46% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -9.27% | -12.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 2.59% | +13.89% |
Volatility
MSFT vs. IJR - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.52% compared to iShares Core S&P Small-Cap ETF (IJR) at 5.18%. This indicates that MSFT'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
| MSFT | IJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 5.18% | +5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 11.97% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 17.76% | +7.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 21.43% | +5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 22.92% | +4.14% |
Dividends
MSFT vs. IJR - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, less than IJR's 1.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IJR iShares Core S&P Small-Cap ETF | 1.11% | 1.44% | 2.05% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.22% | 1.48% |
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Frequently Asked Questions
MSFT and IJR have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.52%) compared to IJR (5.18%). In terms of maximum drawdown, MSFT dropped -69.38% vs IJR's -58.15%.
IJR currently has the higher Sharpe Ratio (1.94 vs -0.70), 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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