SOVF vs. IJH

Last updated Jun 20, 2026

SOVF (Sovereign's Capital Flourish Fund) and IJH (iShares Core S&P Mid-Cap ETF) are both Mid Cap Blend Equities funds. SOVF is actively managed, while IJH is passively managed. Over the past year, SOVF returned -2.03% vs 27.00% for IJH. Their correlation of 0.85 suggests significant overlap in exposure. SOVF charges 0.75%/yr vs 0.05%/yr for IJH.

Performance

SOVF vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sovereign's Capital Flourish Fund (SOVF) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOVF achieves a -2.69% return, which is significantly lower than IJH's 15.37% return.

SOVF

• 1D: 0.64%
• 1M: 0.42%
• YTD: -2.69%
• 6M: -3.34%
• 1Y: -2.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IJH

• 1D: 1.07%
• 1M: 4.37%
• YTD: 15.37%
• 6M: 13.91%
• 1Y: 27.00%
• 3Y*: 15.37%
• 5Y*: 9.37%
• 10Y*: 11.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOVF vs. IJH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SOVF Sovereign's Capital Flourish Fund	-2.69%	-4.38%	8.67%	14.18%
IJH iShares Core S&P Mid-Cap ETF	15.37%	7.42%	13.92%	13.11%

Correlation

The correlation between SOVF and IJH is 0.72, 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	0.72
Correlation (All Time) Calculated using the full available price history since Oct 3, 2023	0.85

The correlation between SOVF and IJH shifts across timeframes, from 0.72 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

SOVF vs. IJH - Sectors Allocation Comparison

Sectors	SOVF	IJH
Technology	32.9%	16.6%
Financial Services	16.6%	13.5%
Industrials	14.4%	25.9%
Healthcare	10.6%	8.7%
Consumer Cyclical	8.1%	9.2%
Consumer Defensive	8.0%	4.2%
Utilities	5.1%	3.0%
Real Estate	3.7%	7.5%
Communication Services	0.3%	1.0%
Energy	0.3%	5.3%
Basic Materials	-	4.9%

Return for Risk

SOVF vs. IJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOVF

SOVF Risk / Return Rank: 7
SOVF Sharpe Ratio Rank: 7
SOVF Sortino Ratio Rank: 7
SOVF Omega Ratio Rank: 7
SOVF Calmar Ratio Rank: 7
SOVF Martin Ratio Rank: 7

IJH

IJH Risk / Return Rank: 57
IJH Sharpe Ratio Rank: 52
IJH Sortino Ratio Rank: 54
IJH Omega Ratio Rank: 50
IJH Calmar Ratio Rank: 65
IJH Martin Ratio Rank: 64

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.

SOVF vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sovereign's Capital Flourish Fund (SOVF) 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.

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.

	SOVF	IJH	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	1.71	-1.85
Sortino ratio: Return per unit of downside risk	-0.09	2.49	-2.58
Omega ratio: Gain probability vs. loss probability	0.99	1.30	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.14	3.07	-3.21
Martin ratio: Return relative to average drawdown	-0.29	11.23	-11.52

SOVF vs. IJH - Sharpe Ratio Comparison

The current SOVF Sharpe Ratio is -0.14, which is lower than the IJH Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of SOVF 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.

Drawdowns

SOVF vs. IJH - Drawdown Comparison

The maximum SOVF drawdown since its inception was -21.74%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for SOVF and IJH.

Drawdown Indicators

	SOVF	IJH	Difference
Max Drawdown Largest peak-to-trough decline	-21.74%	-55.07%	+33.33%
Max Drawdown (1Y) Largest decline over 1 year	-14.46%	-8.83%	-5.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.18%	—
Current Drawdown Current decline from peak	-14.39%	-0.50%	-13.89%
Average Drawdown Average peak-to-trough decline	-7.39%	-7.56%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.00%	2.41%	+4.59%

Volatility

SOVF vs. IJH - Volatility Comparison

The current volatility for Sovereign's Capital Flourish Fund (SOVF) is 3.78%, while iShares Core S&P Mid-Cap ETF (IJH) has a volatility of 4.87%. This indicates that SOVF 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.

Volatility by Period

	SOVF	IJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	4.87%	-1.09%
Volatility (6M) Calculated over the trailing 6-month period	10.11%	11.71%	-1.60%
Volatility (1Y) Calculated over the trailing 1-year period	14.60%	15.84%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	19.77%	-2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	21.20%	-4.00%

SOVF vs. IJH - Expense Ratio Comparison

SOVF has a 0.75% expense ratio, which is higher than IJH's 0.05% expense ratio.

Dividends

SOVF vs. IJH - Dividend Comparison

SOVF's dividend yield for the trailing twelve months is around 0.79%, less than IJH's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJH iShares Core S&P Mid-Cap ETF	1.17%	1.36%	1.33%	1.46%	1.68%	1.18%	1.28%	1.63%	1.72%	1.19%	1.60%	1.56%
SOVF Sovereign's Capital Flourish Fund	0.79%	0.77%	0.30%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOVF and IJH in my portfolio?

SOVF and IJH have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOVF or IJH?

IJH has higher volatility (4.87%) compared to SOVF (3.78%). In terms of maximum drawdown, SOVF dropped -21.74% vs IJH's -55.07%.

Which ETF is better, SOVF or IJH?

On 1-year performance, IJH leads with 27.00% vs -2.03% for SOVF. On fees, IJH is cheaper at 0.05% per year. On volatility, SOVF has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOVF or IJH?

Over the 1-year period, IJH has performed better with a 27.00% return vs -2.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOVF or IJH?

IJH is cheaper with a 0.05% expense ratio, compared with 0.75% for SOVF.

Which ETF pays a higher dividend yield, SOVF or IJH?

IJH has the higher dividend yield at 1.17%, compared with 0.79% for SOVF.

What is the main difference between SOVF and IJH?

They also come from different issuers: Sovereign's and iShares. Their fees differ too: 0.75% for SOVF and 0.05% for IJH.

Which has better risk-adjusted returns?

IJH currently has the higher Sharpe Ratio (1.71 vs -0.14), 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.