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SIZE vs. IJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SIZE vs. IJH

Last updated Jun 4, 2026

SIZE (iShares MSCI USA Size Factor ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both Mid Cap Blend Equities funds from iShares - SIZE tracks the MSCI USA Low Size Index while IJH tracks the S&P MidCap 400 Index. Both are passively managed. Over the past 10 years, SIZE returned 11.76%/yr vs 11.27%/yr for IJH. Their correlation of 0.88 suggests significant overlap in exposure. SIZE charges 0.15%/yr vs 0.05%/yr for IJH.

Performance

SIZE vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Size Factor ETF (SIZE) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SIZE achieves a 9.07% return, which is significantly lower than IJH's 14.10% return. Both investments have delivered pretty close results over the past 10 years, with SIZE having a 11.76% annualized return and IJH not far behind at 11.27%.

SIZE

1D
-0.68%
1M
3.62%
YTD
9.07%
6M
8.29%
1Y
18.11%
3Y*
15.94%
5Y*
8.07%
10Y*
11.76%

IJH

1D
-0.12%
1M
3.84%
YTD
14.10%
6M
14.33%
1Y
25.45%
3Y*
16.09%
5Y*
8.17%
10Y*
11.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SIZE vs. IJH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SIZE
iShares MSCI USA Size Factor ETF		9.07%10.51%14.37%17.78%-15.86%25.05%16.26%28.97%-6.59%18.76%
IJH
iShares Core S&P Mid-Cap ETF		14.10%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%

Correlation

The correlation between SIZE and IJH is 0.90, 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

0.90

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

0.94

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

0.95

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

0.93

Correlation (All Time)
Calculated using the full available price history since Apr 19, 2013

0.88

The correlation between SIZE and IJH has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.

SIZE vs. IJH - Sectors Allocation Comparison

Sectors
SIZE
IJH

Technology

19.9%
15.7%

Industrials

16.1%
25.0%

Financial Services

13.5%
14.4%

Consumer Cyclical

9.8%
10.7%

Healthcare

9.6%
8.6%

Real Estate

5.7%
7.5%

Consumer Defensive

5.7%
3.8%

Utilities

5.5%
3.1%

Energy

5.2%
5.5%

Basic Materials

4.8%
4.8%

Communication Services

4.1%
1.0%

Technology

SIZE
19.9%
IJH
15.7%

Industrials

SIZE
16.1%
IJH
25.0%

Financial Services

SIZE
13.5%
IJH
14.4%

Consumer Cyclical

SIZE
9.8%
IJH
10.7%

Healthcare

SIZE
9.6%
IJH
8.6%

Real Estate

SIZE
5.7%
IJH
7.5%

Consumer Defensive

SIZE
5.7%
IJH
3.8%

Utilities

SIZE
5.5%
IJH
3.1%

Energy

SIZE
5.2%
IJH
5.5%

Basic Materials

SIZE
4.8%
IJH
4.8%

Communication Services

SIZE
4.1%
IJH
1.0%

Compare stocks, funds, or ETFs

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

iShares MSCI USA Size Factor ETF

iShares Core S&P Mid-Cap ETF

Often compared with SIZE:
SIZE vs. XLGSIZE vs. SPYSIZE vs. QUALSIZE vs. QDVA.DESIZE vs. VIGSIZE vs. VOOSIZE vs. QGRO
Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. IJKIJH vs. IVOOIJH vs. SCHM

Return for Risk

SIZE vs. IJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SIZE
SIZE Risk / Return Rank: 4444
Overall Rank
SIZE Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
SIZE Sortino Ratio Rank: 4242
Sortino Ratio Rank
SIZE Omega Ratio Rank: 3838
Omega Ratio Rank
SIZE Calmar Ratio Rank: 4646
Calmar Ratio Rank
SIZE Martin Ratio Rank: 5252
Martin Ratio Rank
IJH
IJH Risk / Return Rank: 5151
Overall Rank
IJH Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 4848
Sortino Ratio Rank
IJH Omega Ratio Rank: 4545
Omega Ratio Rank
IJH Calmar Ratio Rank: 5757
Calmar Ratio Rank
IJH Martin Ratio Rank: 5959
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.

SIZE vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Size Factor ETF (SIZE) and iShares Core S&P Mid-Cap ETF (IJH). 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.

SIZEIJHDifference
Sharpe ratioReturn per unit of total volatility
1.43
1.65

-0.22

Sortino ratioReturn per unit of downside risk
2.12
2.41

-0.29

Omega ratioGain probability vs. loss probability

1.25

1.29

-0.04

Calmar ratioReturn relative to maximum drawdown

2.28

2.90

-0.61

Martin ratioReturn relative to average drawdown

8.88

10.60

-1.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIZE vs. IJH - Sharpe Ratio Comparison

The current SIZE Sharpe Ratio is 1.43, which is comparable to the IJH Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of SIZE and IJH, 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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Sharpe Ratios by Period

SIZEIJHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

1.65

-0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.42

+0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.53

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

0.46

+0.22

Drawdowns

SIZE vs. IJH - Drawdown Comparison

The maximum SIZE drawdown since its inception was -39.15%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for SIZE and IJH.

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Drawdown Indicators

SIZEIJHDifference

Max Drawdown

Largest peak-to-trough decline

-39.15%

-55.07%

+15.92%

Max Drawdown (1Y)

Largest decline over 1 year

-7.97%

-8.83%

+0.86%

Max Drawdown (3Y)

Largest decline over 3 years

-18.71%

-24.10%

+5.39%

Max Drawdown (5Y)

Largest decline over 5 years

-24.03%

-24.10%

+0.07%

Max Drawdown (10Y)

Largest decline over 10 years

-39.15%

-42.18%

+3.03%

Current Drawdown

Current decline from peak

-0.68%

-0.12%

-0.56%

Average Drawdown

Average peak-to-trough decline

-4.18%

-7.57%

+3.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.04%

2.41%

-0.37%

Volatility

SIZE vs. IJH - Volatility Comparison

The current volatility for iShares MSCI USA Size Factor ETF (SIZE) is 3.17%, while iShares Core S&P Mid-Cap ETF (IJH) has a volatility of 4.37%. This indicates that SIZE experiences smaller price fluctuations and is considered to be less risky than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SIZEIJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.17%

4.37%

-1.20%

Volatility (6M)

Calculated over the trailing 6-month period

9.54%

11.32%

-1.78%

Volatility (1Y)

Calculated over the trailing 1-year period

12.73%

15.54%

-2.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.39%

19.74%

-2.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.69%

21.18%

-2.49%

SIZE vs. IJH - Expense Ratio Comparison

SIZE has a 0.15% expense ratio, which is higher than IJH's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SIZE vs. IJH - Dividend Comparison

SIZE's dividend yield for the trailing twelve months is around 1.42%, more than IJH's 1.18% yield.

PositionTTM20252024202320222021202020192018201720162015
IJH
iShares Core S&P Mid-Cap ETF		1.18%1.36%1.33%1.46%1.68%1.18%1.28%1.63%1.72%1.19%1.60%1.56%
SIZE
iShares MSCI USA Size Factor ETF		1.42%1.50%1.53%1.42%1.59%1.19%1.43%1.35%2.43%1.58%1.88%1.95%

Frequently Asked Questions

SIZE and IJH have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IJH has higher volatility (4.37%) compared to SIZE (3.17%). In terms of maximum drawdown, SIZE dropped -39.15% vs IJH's -55.07%.

On 10-year performance, SIZE leads with 11.76% vs 11.27% for IJH. On fees, IJH is cheaper at 0.05% per year. On volatility, SIZE has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SIZE has performed better with a 11.76% return vs 11.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJH is cheaper with a 0.05% expense ratio, compared with 0.15% for SIZE.

SIZE has the higher dividend yield at 1.42%, compared with 1.18% for IJH.

SIZE tracks MSCI USA Low Size Index, while IJH tracks S&P MidCap 400 Index. Their fees differ too: 0.15% for SIZE and 0.05% for IJH.

IJH currently has the higher Sharpe Ratio (1.65 vs 1.43), 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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