19 important things you should know about iShares IJH before you buy it

Jennalyn Sobrevilla: Dec 22, '18

Are you looking to invest in IJH and would like to get some really important points about this ETF (including alternatives to investing in IJH)?  If so, you came to the right place.   

In this iShares Core S&P Mid-Cap ETF review, we’ll address key questions our readers have been asking us about this fund, beyond what you can normally find on Yahoo Finance and ETF.com.

iShares Core S&P Mid-Cap ETF is a top U.S. mid-cap fund by assets and is hugely popular among individual investors.  We’ll cover some basic and advanced things you should know about IJH, such as:

  1. IJH ETF profile
  2. IJH underlying index
  3. IJH number of holdings
  4. IJH historical performance
  5. IJH dividend yield
  6. IJH expense ratio
  7. IJH tax implications
  8. IJH beta (risk level)
  9. IJH Sharpe ratio                                                                                             
  10. IJH vs IJS
  11. IJH vs SPY
  12. IJH vs VIMSX
  13. IJH vs IJK
  14. IJH vs VTI
  15. IJH vs IVV
  16. IJH vs EFA
  17. IJH vs IJJ
  18. IJH vs VO
  19. IJH vs IJR

So let’s start.  Scroll down to questions that are most interesting to you.

1. What is IJH?

IJH is a mid-cap US ETF.  The fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P MidCap 400 Index. The Index measures the performance of the mid-capitalization sector of the US equity market.

2. What is the underlying index for IJH?

S&P MidCap 400 Index

3. How many stocks does IJH have as its holdings? What are the top holdings?

IJH has 400 stocks as its holdings.

The top 10 holdings represent 6.27% of total IJH assets.  Here are the top holdings:

NameSymbol% Assets
Take-Two Interactive Software IncTTWO0.69
SVB Financial GroupSIVB0.67
NVR IncNVR0.66
Cognex CorpCGNX0.62
Teleflex IncTFX0.62
Huntington Ingalls Industries IncHII0.61
MSCI IncMSCI0.61
The Chemours CoCC0.61
Trimble IncTRMB0.6
Broadridge Financial Solutions IncBR0.58

4. How did IJH perform historically?

IJH has generated the following returns:

  • 1-month return is -9.56%;
  • 3-month return is -7.72%;
  • 1-year return is 0.99%;
  • 3-year return is 9.79%;
  • 5-year return is 8.82%;
  • 10-year annualized return is 13.98%;
  • YTD return is -2.89%.

5.  What is IJH dividend yield and payout?

IJH dividend yield is 1.70%.  The dividend yield is a ratio between an ETF’s annual dividend payout and its current price. 

IJH annualized payout is $3.39.  An annualized payout is a standard in finance that lets you compare companies that have different payout frequencies.

6. What is IJH expense ratio?

IJH expense ratio is 0.07%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

7. What is IJH tax efficiency (tax-cost ratio)?

IJH tax-cost ratio is 0.51%. The tax-cost ratio measures how much a fund’s annualized return is diminished by the taxes investors pay on distributions. Funds like IJH regularly distribute dividends and capital gains.

8. What is IJH beta? How would you assess IJH risk?

IJH 3-year beta is 0.96.  Beta is a measure of the volatility, or systematic risk, of a fund in comparison to the market as a whole. S&P 500 Beta is equal to 1. A Beta higher than 1 means riskier than the market overall; conversely, lower than 1 means less risky than the market.

9. What is IJH Sharpe ratio?

The 3-year Sharpe ratio for IJH is 0.91. The Sharpe ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. Generally, the greater the value of the Sharpe ratio, the more attractive the risk-adjusted return.

10. Compare and contrast: IJH vs IJS.

IJH is a mid-cap ETF focused on the US market, while IJS is a US small-cap ETF.  

IJS has a higher expense ratio than IJH: 0.25% vs. 0.07%.  

Over the last 10 years, IJH returned more than IJS (13.98% vs. 12.90%).  

Below is a comparison table for IJH and IJS.


IJHIJS
SegmentEquity: U.S. - Mid CapEquity: U.S. - Small Cap Value
Net Assets$44.35B$5.21B
Expense Ratio0.07%0.25%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P Small Cap 600 Value Index
YTD Return-2.89%
-1.09%
1-Year Return0.99%
2.25%
3-Year Return9.79%
12.03%
5-Year Return8.82%
8.86%
10-Year Return13.98%
12.90%
1-Year Tax Cost Ratio0.56%
0.53%

IJS profile corresponds to the price and yield performance, before fees and expenses, of the S&P SmallCap 600/BARRA Value Index. The Index measures the performance of the small-capitalization value sector of the US equity market.

11. Compare and contrast: IJH vs SPY.

SPY is a large-cap ETF focused on the US market, while IJH is a US mid-cap ETF.

SPY has a higher expense ratio than IJH: 0.09% vs. 0.07%.  

Over the last 10 years, IJH returned more than SPY (13.98% vs. 13.14%).  

Below is a comparison table for IJH and SPY.


IJHSPY
SegmentEquity: U.S. - Mid CapEquity: U.S. - Large Cap
Net Assets$44.35B$278.47B
Expense Ratio0.07%0.09%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P 500
YTD Return-2.89%2.74%
1-Year Return0.99%
7.16%
3-Year Return9.79%
11.37%
5-Year Return8.82%
11.19%
10-Year Return13.98%
13.14%
1-Year Tax Cost Ratio0.56%
0.75%

SPY generally corresponds to the price and yield performance of the component common stocks of the S&P 500 Index.

12. Compare and contrast: IJH vs VIMSX.

IJH is a mid-cap ETF focused on the US market, while VIMSX is a mid-cap blend mutual fund. 

VIMSX has a higher expense ratio than IJH: 0.18% vs. 0.07%.  

Over the last 10 years, VIMSX returned more than IJH (14.07% vs. 13.98%).  

Below is a comparison table for IJH and VIMSX.


IJHVIMSX
Security TypeETFMutual fund
SegmentEquity: U.S. - Mid CapU.S. Equity: Mid-Cap Blend
Net Assets$44.35B$4.15B
Expense Ratio0.07%0.18%
Management Stylepassive (index-based)passive (index-based)
Minimum InvestmentN/A$3,000
YTD Return-2.89%
-1.75%
1-Year Return0.99%2.29%
3-Year Return9.79%
8.25%
5-Year Return8.82%
8.86%
10-Year Return13.98%14.07%
1-Year Tax Cost Ratio0.56%
0.56%

VIMSX tracks the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The Fund employs a passive management approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of medium-size U.S. companies.

13. Compare and contrast: IJH vs IJK.

IJK is a mid-cap growth ETF focused on the US market, while IJH is just US mid-cap (that includes all types of stocks, not just growth).  

IJK has a higher expense ratio than IJH: 0.25% vs. 0.07%.  

Over the last 10 years, IJK returned more than IJH (14.60% vs. 13.98%).  

Below is a comparison table for IJH and IJK.


IJHIJK
SegmentEquity: U.S. - Mid CapEquity: U.S. - Mid Cap Growth
Net Assets$44.35B$7.88B
Expense Ratio0.07%0.25%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P MidCap 400 Growth Index
YTD Return-2.89%
-2.42%
1-Year Return0.99%
1.04%
3-Year Return9.79%
9.37%
5-Year Return8.82%
8.95%
10-Year Return13.98%
14.60%
1-Year Tax Cost Ratio0.56%
0.38%

IJK corresponds to the price and yield performance, before fees and expenses, of the S&P MidCap 400/BARRA Growth Index. The Index measures the performance of the mid-capitalization growth sector of the US equity market.

14. Compare and contrast: IJH vs VTI.

VTI is a US total market fund, while IJH is just US mid-cap.  

IJH has a higher expense ratio than VTI: 0.07% vs. 0.04%.  

Over the last 10 years, IJH returned more than VTI (13.98% vs. 13.40%).  

Below is a comparison table for IJH and VTI.


IJHVTI
SegmentEquity: U.S. - Mid CapEquity: U.S. - Total Market
Net Assets$44.35B$94.96B
Expense Ratio0.07%0.04%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexCRSP US Total Market Index
YTD Return-2.89%
2.29%
1-Year Return0.99%
6.61%
3-Year Return9.79%
11.26%
5-Year Return8.82%
10.76%
10-Year Return13.98%
13.40%
1-Year Tax Cost Ratio0.49%0.44%

VTI tracks the performance of a benchmark index that measures the investment return of the overall stock market. The Fund employs a passive management approach designed to track the performance of the CRSP US Total Market Index.

15. Compare and contrast: IJH vs IVV.

IVV is a large-cap ETF focused on the US market, while IJH is just US mid-cap.  

IJH has a higher expense ratio than IVV: 0.07% vs. 0.04%.  

Over the last 10 years, IJH returned more than IVV (13.98% vs. 13.15%).  

Below is a comparison table for IJH and IVV.


IJHIVV
SegmentEquity: U.S. - Mid CapEquity: U.S. - Large Cap
Net Assets$44.35B$156.26B
Expense Ratio0.07%0.04%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P 500
YTD Return-2.89%
2.85%
1-Year Return0.99%
7.34%
3-Year Return9.79%
11.48%
5-Year Return8.82%
11.28%
10-Year Return13.98%
13.15%
1-Year Tax Cost Ratio0.49%0.67%

IVV corresponds generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. It uses a replication strategy to try to track the Index, which includes approximately 77% of the market capitalization of all publicly traded US equity securities.

16. Compare and contrast: IJH vs EFA.

IJH is a mid-cap ETF focused on the US market, while EFA is a developed market ex-US fund. 

EFA has a higher expense ratio than IJH: 0.32% vs. 0.07%.  

Over the last 10 years, IJH returned more than EFA (13.98% vs. 6.58%).  

Below is a comparison table for IJH and EFA.


EFAIJH
SegmentEquity: Developed Markets Ex-U.S. - Total MarketEquity: U.S. - Mid Cap
Net Assets$80.29B$44.35B
Expense Ratio0.32%0.07%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexMSCI EAFE IndexS&P MidCap 400 Index
YTD Return-9.38%
-2.89%
1-Year Return-7.53%
0.99%
3-Year Return3.66%
9.79%
5-Year Return1.85%
8.82%
10-Year Return6.58%
13.98%
1-Year Tax Cost Ratio1.07%0.49%

EFA corresponds to the price and yield performance of publicly traded securities in the European, Australasian and Far Eastern markets, as measured by the Index. The Index has been developed by MSCI as an equity benchmark for its international stock performance.

17. Compare and contrast: IJH vs IJJ.

IJH is a mid-cap US ETF, while IJJ is US a mid-cap value US ETF.  

IJJ has a higher expense ratio than IJH: 0.25% vs. 0.07%.  

Over the last 10 years, IJH returned more than IJJ (13.98% vs. 13.16%).  

Below is a comparison table for IJH and IJJ.


IJHIJJ
SegmentEquity: U.S. - Mid CapEquity: U.S. - Mid Cap Value
Net Assets$44.35B$5.69B
Expense Ratio0.07%0.25%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P MidCap 400 Value Index
YTD Return-2.89%
-3.56%
1-Year Return0.99%
0.64%
3-Year Return9.79%
9.52%
5-Year Return8.82%
8.09%
10-Year Return13.98%
13.16%
1-Year Tax Cost Ratio0.56%0.64%

IJJ tracks the S&P MidCap 400/BARRA Value Index. The Index consists of stocks from a broad range of industries. 

18. Compare and contrast: IJH vs VO.

Both IJH and VO are US mid-cap ETFs.  

IJH has a higher expense ratio than VO: 0.07% vs. 0.06%.  

Over the last 10 years, VO returned slightly more than IJH (14.25% vs. 13.98%).  

Below is a comparison table for IJH and VO.


IJHVO
SegmentEquity: U.S. - Mid CapEquity: U.S. - Mid Cap
Net Assets$44.35B$22.46B
Expense Ratio0.07%0.06%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexCRSP US Mid Cap Index
YTD Return-2.89%
-1.67%
1-Year Return0.99%
2.48%
3-Year Return9.79%
8.41%
5-Year Return8.82%
9.00%
10-Year Return13.98%
14.25%
1-Year Tax Cost Ratio0.56%0.40%

VO tracks mid-capitalization stocks. It employs a passive management approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of medium-size U.S. companies.

19. Compare and contrast: IJH vs IJR.

IJH is a mid-cap ETF focused on the US market, while IJR is a US small-cap ETF.  

IJH and IJR have the same expense ratio 0.07%.  

Over the last 10 years, IJR returned slightly more than IJH (14.03% vs. 13.98%).

Below is a comparison table for IJH and IJR.


IJHIJR
SegmentEquity: U.S. - Mid CapEquity: U.S. - Small Cap
Net Assets$44.35B$36.52B
Expense Ratio0.07%0.07%
Management Stylepassive (index-based)passive (index-based)
Underlying IndexS&P MidCap 400 IndexS&P SmallCap 600 Index
YTD Return-2.89%
2.56%
1-Year Return0.99%
5.60%
3-Year Return9.79%
12.86%
5-Year Return8.82%
10.03%
10-Year Return13.98%
14.03%
1-Year Tax Cost Ratio0.56%0.47%

IJR corresponds to S&P SmallCap 600 Index. The fund includes approximately 2.5% of the US equity market capitalization.

You can also use Finstead's ETF and mutual fund comparison tool to find out more about the alternatives to investing in IJH.  Type any two funds you'd like to compare, such as IJH vs. SPY, or IJH vs. VTI to get the insight.  


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