TEKX vs. IJK

Last updated Aug 2, 2026

TEKX (SPDR Galaxy Transformative Tech Accelerators ETF) and IJK (iShares S&P MidCap 400 Growth ETF) are both Mid Cap Growth Equities funds. TEKX is actively managed, while IJK is passively managed. Over the past year, TEKX returned 104.77% vs 22.62% for IJK. Their 0.68 correlation means they have sometimes moved together and sometimes differently. TEKX charges 0.65%/yr vs 0.17%/yr for IJK.

Performance

TEKX vs. IJK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) and iShares S&P MidCap 400 Growth ETF (IJK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEKX achieves a 62.61% return, which is significantly higher than IJK's 15.74% return.

TEKX

• 1D: -1.61%
• 1M: -4.46%
• 6M: 44.26%
• YTD: 62.61%
• 1Y: 104.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 67.91%

IJK

• 1D: -0.07%
• 1M: -2.82%
• 6M: 11.34%
• YTD: 15.74%
• 1Y: 22.62%
• 3Y*: 13.85%
• 5Y*: 7.42%
• 10Y*: 10.87%
• ALL TIME*: 8.48%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IJK iShares S&P MidCap 400 Growth ETF	$17.18M	$22.70M	$31.50M
TEKX SPDR Galaxy Transformative Tech Accelerators ETF	$275.59K	$265.92K	$375.06K

TEKX vs. IJK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TEKX SPDR Galaxy Transformative Tech Accelerators ETF	62.61%	40.92%	16.00%
IJK iShares S&P MidCap 400 Growth ETF	15.74%	7.28%	5.40%

Correlation

The correlation between TEKX and IJK is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (All Time) Calculated using the full available price history since Sep 10, 2024	0.68

The correlation between TEKX and IJK has been stable across timeframes, ranging from 0.68 to 0.69 - a consistent structural relationship.

TEKX vs. IJK - Sectors Allocation Comparison

Sectors	TEKX	IJK
Technology	38.7%	23.9%
Financial Services	25.5%	6.7%
Industrials	18.4%	30.8%
Utilities	11.5%	1.8%
Basic Materials	4.3%	4.1%
Communication Services	1.7%	2.2%
Energy	1.7%	3.0%
Consumer Cyclical	1.5%	7.3%
Consumer Defensive	1.3%	1.6%
Healthcare	-	13.6%
Real Estate	-	5.2%

Return for Risk

TEKX vs. IJK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TEKX

TEKX Risk / Return Rank: 89
TEKX Sharpe Ratio Rank: 91
TEKX Sortino Ratio Rank: 87
TEKX Omega Ratio Rank: 84
TEKX Calmar Ratio Rank: 94
TEKX Martin Ratio Rank: 92

IJK

IJK Risk / Return Rank: 54
IJK Sharpe Ratio Rank: 48
IJK Sortino Ratio Rank: 50
IJK Omega Ratio Rank: 46
IJK Calmar Ratio Rank: 61
IJK Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TEKX vs. IJK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) and iShares S&P MidCap 400 Growth ETF (IJK). 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.

	TEKX	IJK	Difference
Sharpe ratio: Return per unit of total volatility	2.33	1.18	+1.15
Sortino ratio: Return per unit of downside risk	2.93	1.77	+1.16
Omega ratio: Gain probability vs. loss probability	1.36	1.21	+0.15
Calmar ratio: Return relative to maximum drawdown	4.71	2.12	+2.58
Martin ratio: Return relative to average drawdown	15.73	7.75	+7.98

TEKX vs. IJK - Sharpe Ratio Comparison

The current TEKX Sharpe Ratio is 2.33, which is higher than the IJK Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of TEKX and IJK, 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

TEKX vs. IJK - Drawdown Comparison

The maximum TEKX drawdown since its inception was -45.57%, smaller than the maximum IJK drawdown of -54.47%. Use the drawdown chart below to compare losses from any high point for TEKX and IJK.

Drawdown Indicators

	TEKX	IJK	Difference
Max Drawdown Largest peak-to-trough decline	-45.57%	-54.47%	+8.90%
Max Drawdown (1Y) Largest decline over 1 year	-20.41%	-9.92%	-10.49%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.25%	—
Current Drawdown Current decline from peak	-11.23%	-4.78%	-6.45%
Average Drawdown Average peak-to-trough decline	-9.97%	-10.75%	+0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	2.72%	+3.39%

Volatility

TEKX vs. IJK - Volatility Comparison

SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) has a higher volatility of 18.19% compared to iShares S&P MidCap 400 Growth ETF (IJK) at 4.51%. This indicates that TEKX's price experiences larger fluctuations and is considered to be riskier than IJK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEKX	IJK	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.19%	4.51%	+13.68%
Volatility (6M) Calculated over the trailing 6-month period	33.71%	14.04%	+19.67%
Volatility (1Y) Calculated over the trailing 1-year period	41.27%	17.87%	+23.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.30%	20.78%	+24.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.30%	21.08%	+24.22%

TEKX vs. IJK - Expense Ratio Comparison

TEKX has a 0.65% expense ratio, which is higher than IJK's 0.17% expense ratio.

Dividends

TEKX vs. IJK - Dividend Comparison

TEKX's dividend yield for the trailing twelve months is around 0.22%, less than IJK's 0.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IJK iShares S&P MidCap 400 Growth ETF	0.54%	0.66%	0.79%	1.13%	1.08%	0.50%	0.70%	1.09%	1.13%	0.93%	1.15%	1.12%
TEKX SPDR Galaxy Transformative Tech Accelerators ETF	0.22%	0.36%	3.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEKX and IJK in my portfolio?

TEKX and IJK have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEKX or IJK?

TEKX has higher volatility (18.19%) compared to IJK (4.51%). In terms of maximum drawdown, TEKX dropped -45.57% vs IJK's -54.47%.

Which ETF is better, TEKX or IJK?

On 1-year performance, TEKX leads with 104.77% vs 22.62% for IJK. On fees, IJK is cheaper at 0.17% per year. On volatility, IJK has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKX or IJK?

Over the 1-year period, TEKX has performed better with a 104.77% return vs 22.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKX or IJK?

IJK is cheaper with a 0.17% expense ratio, compared with 0.65% for TEKX.

Which ETF pays a higher dividend yield, TEKX or IJK?

IJK has the higher dividend yield at 0.54%, compared with 0.22% for TEKX.

What is the main difference between TEKX and IJK?

They also come from different issuers: State Street and iShares. Their fees differ too: 0.65% for TEKX and 0.17% for IJK.

Which has better risk-adjusted returns?

TEKX currently has the higher Sharpe Ratio (2.33 vs 1.18), 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.