PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VIOO vs. IJH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VIOO vs. IJH

Last updated Jun 23, 2026

VIOO (Vanguard S&P Small-Cap 600 ETF) and IJH (iShares Core S&P Mid-Cap ETF) are both exchange-traded funds - VIOO is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index, while IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index. Both are passively managed. Over the past 10 years, VIOO returned 11.35%/yr vs 11.74%/yr for IJH. Their correlation of 0.93 suggests significant overlap in exposure. VIOO charges 0.07%/yr vs 0.05%/yr for IJH.

Performance

VIOO vs. IJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P Small-Cap 600 ETF (VIOO) and iShares Core S&P Mid-Cap ETF (IJH). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, VIOO achieves a 19.73% return, which is significantly higher than IJH's 15.82% return. Both investments have delivered pretty close results over the past 10 years, with VIOO having a 11.35% annualized return and IJH not far ahead at 11.74%.

VIOO

1D
0.05%
1M
4.59%
YTD
19.73%
6M
16.79%
1Y
36.99%
3Y*
16.33%
5Y*
6.65%
10Y*
11.35%

IJH

1D
0.38%
1M
3.76%
YTD
15.82%
6M
13.38%
1Y
27.53%
3Y*
16.50%
5Y*
8.90%
10Y*
11.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VIOO vs. IJH - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VIOO
Vanguard S&P Small-Cap 600 ETF		19.73%6.04%8.48%16.16%-16.26%26.79%11.47%22.68%-8.65%13.16%
IJH
iShares Core S&P Mid-Cap ETF		15.82%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%16.26%

Correlation

The correlation between VIOO and IJH is 0.94, 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

0.94

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

0.95

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

0.96

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

0.95

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2010

0.93

The correlation between VIOO and IJH has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

VIOO vs. IJH - Sectors Allocation Comparison

Sectors
VIOO
IJH

Financial Services

16.9%
13.5%

Industrials

15.5%
25.9%

Technology

15.5%
16.6%

Consumer Cyclical

13.4%
9.2%

Healthcare

11.0%
8.7%

Real Estate

7.7%
7.5%

Energy

5.9%
5.3%

Basic Materials

5.1%
4.9%

Communication Services

3.6%
1.0%

Consumer Defensive

3.5%
4.2%

Utilities

2.0%
3.0%

Financial Services

VIOO
16.9%
IJH
13.5%

Industrials

VIOO
15.5%
IJH
25.9%

Technology

VIOO
15.5%
IJH
16.6%

Consumer Cyclical

VIOO
13.4%
IJH
9.2%

Healthcare

VIOO
11.0%
IJH
8.7%

Real Estate

VIOO
7.7%
IJH
7.5%

Energy

VIOO
5.9%
IJH
5.3%

Basic Materials

VIOO
5.1%
IJH
4.9%

Communication Services

VIOO
3.6%
IJH
1.0%

Consumer Defensive

VIOO
3.5%
IJH
4.2%

Utilities

VIOO
2.0%
IJH
3.0%

Compare stocks, funds, or ETFs

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

Vanguard S&P Small-Cap 600 ETF

iShares Core S&P Mid-Cap ETF

Often compared with VIOO:
VIOO vs. VBVIOO vs. IJRVIOO vs. VOVIOO vs. AVUVVIOO vs. VIOVVIOO vs. VTWOVIOO vs. VIOG
Often compared with IJH:
IJH vs. VOIJH vs. IJRIJH vs. MDYIJH vs. IJJIJH vs. IJKIJH vs. SCHMIJH vs. IVOO

Return for Risk

VIOO vs. IJH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VIOO
VIOO Risk / Return Rank: 7171
Overall Rank
VIOO Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
VIOO Sortino Ratio Rank: 6969
Sortino Ratio Rank
VIOO Omega Ratio Rank: 6060
Omega Ratio Rank
VIOO Calmar Ratio Rank: 8383
Calmar Ratio Rank
VIOO Martin Ratio Rank: 7777
Martin Ratio Rank
IJH
IJH Risk / Return Rank: 5757
Overall Rank
IJH Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 5454
Sortino Ratio Rank
IJH Omega Ratio Rank: 5050
Omega Ratio Rank
IJH Calmar Ratio Rank: 6565
Calmar Ratio Rank
IJH Martin Ratio Rank: 6464
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.

VIOO vs. IJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P Small-Cap 600 ETF (VIOO) 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.

VIOOIJHDifference
Sharpe ratioReturn per unit of total volatility
2.09
1.75

+0.35

Sortino ratioReturn per unit of downside risk
3.00
2.53

+0.47

Omega ratioGain probability vs. loss probability

1.36

1.31

+0.05

Calmar ratioReturn relative to maximum drawdown

4.24

3.13

+1.11

Martin ratioReturn relative to average drawdown

14.31

11.45

+2.87

VIOO vs. IJH - Sharpe Ratio Comparison

The current VIOO Sharpe Ratio is 2.09, which is comparable to the IJH Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of VIOO 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.

Loading charts...

Drawdowns

VIOO vs. IJH - Drawdown Comparison

The maximum VIOO drawdown since its inception was -44.15%, smaller than the maximum IJH drawdown of -55.07%. Use the drawdown chart below to compare losses from any high point for VIOO and IJH.

Loading charts...

Drawdown Indicators

VIOOIJHDifference

Max Drawdown

Largest peak-to-trough decline

-44.15%

-55.07%

+10.92%

Max Drawdown (1Y)

Largest decline over 1 year

-8.77%

-8.83%

+0.06%

Max Drawdown (3Y)

Largest decline over 3 years

-27.93%

-24.10%

-3.83%

Max Drawdown (5Y)

Largest decline over 5 years

-27.93%

-24.10%

-3.83%

Max Drawdown (10Y)

Largest decline over 10 years

-44.15%

-42.18%

-1.97%

Current Drawdown

Current decline from peak

-0.12%

-0.12%

0.00%

Average Drawdown

Average peak-to-trough decline

-7.31%

-7.56%

+0.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

2.41%

+0.18%

Volatility

VIOO vs. IJH - Volatility Comparison

Vanguard S&P Small-Cap 600 ETF (VIOO) has a higher volatility of 4.93% compared to iShares Core S&P Mid-Cap ETF (IJH) at 4.59%. This indicates that VIOO's price experiences larger fluctuations and is considered to be riskier than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

VIOOIJHDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.93%

4.59%

+0.34%

Volatility (6M)

Calculated over the trailing 6-month period

12.10%

11.70%

+0.40%

Volatility (1Y)

Calculated over the trailing 1-year period

17.80%

15.87%

+1.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.40%

19.76%

+1.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.01%

21.21%

+1.80%

VIOO vs. IJH - Expense Ratio Comparison

VIOO has a 0.07% 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

VIOO vs. IJH - Dividend Comparison

VIOO's dividend yield for the trailing twelve months is around 1.13%, less than IJH's 1.17% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
VIOO
Vanguard S&P Small-Cap 600 ETF		1.13%1.36%1.48%1.47%1.51%1.16%1.09%1.37%1.32%1.11%1.06%1.26%

Frequently Asked Questions

With a correlation of 0.94, VIOO and IJH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

VIOO has higher volatility (4.93%) compared to IJH (4.59%). In terms of maximum drawdown, VIOO dropped -44.15% vs IJH's -55.07%.

On 10-year performance, IJH leads with 11.74% vs 11.35% for VIOO. On fees, IJH is cheaper at 0.05% per year. On volatility, IJH has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IJH has performed better with a 11.74% return vs 11.35%. 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 0.07% for VIOO.

IJH has the higher dividend yield at 1.17%, compared with 1.13% for VIOO.

VIOO is categorized as Small Cap Blend Equities, while IJH is Mid Cap Blend Equities. VIOO tracks S&P SmallCap 600 Index, while IJH tracks S&P MidCap 400 Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.07% for VIOO and 0.05% for IJH.

VIOO currently has the higher Sharpe Ratio (2.09 vs 1.75), 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

Find the right allocation for VIOO and IJH

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer