XJH vs. FZIPX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares ESG Screened S&P Mid-Cap ETF (XJH) and Fidelity ZERO Extended Market Index Fund (FZIPX).

XJH is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400 Sustainability Screened Index. It was launched on Sep 22, 2020. FZIPX is managed by Fidelity.

Performance

XJH vs. FZIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Screened S&P Mid-Cap ETF (XJH) and Fidelity ZERO Extended Market Index Fund (FZIPX). The values are adjusted to include any dividend payments, if applicable.

XJH vs. FZIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XJH iShares ESG Screened S&P Mid-Cap ETF	1.84%	8.12%	12.27%	16.74%	-14.36%	23.43%	29.59%
FZIPX Fidelity ZERO Extended Market Index Fund	-1.78%	12.51%	12.39%	18.13%	-18.01%	21.31%	31.04%

Returns By Period

In the year-to-date period, XJH achieves a 1.84% return, which is significantly higher than FZIPX's -1.78% return.

XJH

• 1D: 3.13%
• 1M: -5.86%
• YTD: 1.84%
• 6M: 4.18%
• 1Y: 17.61%
• 3Y*: 11.54%
• 5Y*: 5.85%
• 10Y*: —

FZIPX

• 1D: -1.26%
• 1M: -8.55%
• YTD: -1.78%
• 6M: 0.33%
• 1Y: 18.79%
• 3Y*: 12.32%
• 5Y*: 5.14%
• 10Y*: —

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

XJH vs. FZIPX - Expense Ratio Comparison

XJH has a 0.12% expense ratio, which is higher than FZIPX's 0.00% 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%.

XJH

iShares ESG Screened S&P Mid-Cap ETF

FZIPX

Fidelity ZERO Extended Market Index Fund

Return for Risk

XJH vs. FZIPX — Risk / Return Rank

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

XJH

XJH Risk / Return Rank: 50
XJH Sharpe Ratio Rank: 47
XJH Sortino Ratio Rank: 50
XJH Omega Ratio Rank: 46
XJH Calmar Ratio Rank: 51
XJH Martin Ratio Rank: 55

FZIPX

FZIPX Risk / Return Rank: 46
FZIPX Sharpe Ratio Rank: 43
FZIPX Sortino Ratio Rank: 47
FZIPX Omega Ratio Rank: 41
FZIPX Calmar Ratio Rank: 46
FZIPX Martin Ratio Rank: 51

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.

XJH vs. FZIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P Mid-Cap ETF (XJH) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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.

	XJH	FZIPX	Difference
Sharpe ratio Return per unit of total volatility	0.83	0.86	-0.03
Sortino ratio Return per unit of downside risk	1.30	1.33	-0.03
Omega ratio Gain probability vs. loss probability	1.17	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.26	1.15	+0.11
Martin ratio Return relative to average drawdown	5.29	4.98	+0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XJH vs. FZIPX - Sharpe Ratio Comparison

The current XJH Sharpe Ratio is 0.83, which is comparable to the FZIPX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of XJH and FZIPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XJH	FZIPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	0.86	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.25	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.33	+0.33

Correlation

The correlation between XJH and FZIPX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XJH vs. FZIPX - Dividend Comparison

XJH's dividend yield for the trailing twelve months is around 1.23%, less than FZIPX's 1.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
XJH iShares ESG Screened S&P Mid-Cap ETF	1.23%	1.24%	1.24%	1.38%	1.45%	1.04%	0.36%	0.00%	0.00%
FZIPX Fidelity ZERO Extended Market Index Fund	1.27%	1.24%	1.22%	1.43%	1.64%	6.97%	2.15%	1.80%	0.50%

Drawdowns

XJH vs. FZIPX - Drawdown Comparison

The maximum XJH drawdown since its inception was -25.07%, smaller than the maximum FZIPX drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for XJH and FZIPX.

Drawdown Indicators

	XJH	FZIPX	Difference
Max Drawdown Largest peak-to-trough decline	-25.07%	-42.71%	+17.64%
Max Drawdown (1Y) Largest decline over 1 year	-14.02%	-14.33%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-25.07%	-28.19%	+3.12%
Current Drawdown Current decline from peak	-6.78%	-9.61%	+2.83%
Average Drawdown Average peak-to-trough decline	-6.99%	-9.09%	+2.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	3.31%	+0.04%

Volatility

XJH vs. FZIPX - Volatility Comparison

iShares ESG Screened S&P Mid-Cap ETF (XJH) has a higher volatility of 6.74% compared to Fidelity ZERO Extended Market Index Fund (FZIPX) at 6.41%. This indicates that XJH's price experiences larger fluctuations and is considered to be riskier than FZIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XJH	FZIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.74%	6.41%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	12.24%	12.90%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	21.38%	22.07%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	20.87%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	23.95%	-3.96%