IJJ — iShares S&P Mid-Cap 400 Value ETF
US Mid Cap Ranked #262 of 458 tracked ETFs · Issued by iShares
IJJ Price Performance — Growth of $10,000
Value of a $10,000 investment in IJJ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
IJJ Drawdown
The "underwater" chart: IJJ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in IJJ?
See what a lump sum in IJJ would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares S&P Mid-Cap 400 Value ETF (IJJ) is a US Mid Cap fund managed by iShares with $8.73 billion in assets under management. It currently holds an overall rank of #262 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 58.9/100. The fund charges an expense ratio of 0.18% and offers a dividend yield of 0.96%. Trading at a price of $148.20, the substantial asset base suggests significant investor adoption within the 14 ETFs tracked in this specific category. The combination of a moderate expense ratio and a mid-tier grade reflects a standard profile for a large-cap value strategy in the mid-cap space. Its position among 458 total tracked funds indicates it is not among the highest-ranked options in the broader market. The fund's size and yield profile provide a baseline for investors seeking exposure to this specific segment of the market.
Over the last day, the fund gained 0.99%, followed by a modest 0.02% increase over the past week. Monthly returns show acceleration with a 1.70% gain, which extends to a 5.16% return over three months. The six-month performance further improved to 7.00%, while year-to-date returns reached 12.13%. Annual returns have been strong at 16.97%, and the three-year total return stands at 39.81%. This trajectory demonstrates a consistent upward trend that has accelerated from short-term fluctuations to stronger long-term gains. The data indicates that while daily and weekly movements were relatively flat, the fund has delivered compounding returns over longer horizons.
The fund carries a Moderate volatility label and a beta of 0.96, suggesting price movements that are slightly less volatile than the broader market. A Sharpe ratio of 0.79 indicates a reasonable risk-adjusted return profile relative to the volatility experienced. However, the maximum drawdown of -22.68% highlights the potential for significant temporary losses during market downturns. This combination of a beta near unity and a moderate drawdown implies the fund tends to track market direction closely while experiencing standard mid-cap fluctuations. Investors should note that the Sharpe ratio reflects the fund's ability to generate returns relative to the risk taken, despite the notable peak-to-trough decline. The interplay of these metrics suggests a balanced but not risk-free exposure to the US Mid Cap value sector.
AI-generated summary based on the data on this page.
IJJ Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | BlackRock Funds III | 3.66% | $292M |
| 2 | Flex Ltd. | 1.47% | $117M |
| 3 | Talen Energy Corp. | 1.32% | $105M |
| 4 | US Foods Holding Corp. | 1.17% | $93M |
| 5 | Performance Food Group Co. | 1.10% | $88M |
| 6 | Fidelity National Financial, Inc. | 1.05% | $83M |
| 7 | WP Carey, Inc. | 1.00% | $80M |
| 8 | Reliance, Inc. | 1.00% | $80M |
| 9 | Annaly Capital Management, Inc. | 0.88% | $70M |
| 10 | Reinsurance Group of America, Inc. | 0.86% | $68M |
Holdings as of 2025-09-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IJJ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With IJJ
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IJJ's top 10 — MDYV overlaps most, holding 5 of the same companies as IJJ's top 10 (5.0% of IJJ's assets).
| ETF | Name | Shared Companies | IJJ Weight | Examples |
|---|---|---|---|---|
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 5 | 5.0% | US Foods Holding Corp., Reliance, Inc., Performance Food Group Co.… |
| IJH | iShares Core S&P Mid-Cap ETF | 2 | 2.6% | Flex Ltd., US Foods Holding Corp. |
| VBR | Vanguard Small-Cap Value Index Fund ETF Shares | 2 | 2.6% | Flex Ltd., US Foods Holding Corp. |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 2 | 2.6% | Flex Ltd., US Foods Holding Corp. |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 1 | 3.7% | BlackRock Funds III |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What IJJ's Fees Cost You
IJJ charges an expense ratio of 0.18% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
IJJ Dividend Income Estimator
IJJ currently yields 0.96%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
IJJ Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 2.55% and average daily volume is 175K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $8.73B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: IJJ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
IJJ Performance History
| Period | Return |
|---|---|
| 1-Day | +0.99% |
| 1-Week | +0.02% |
| 1-Month | +1.70% |
| 3-Month | +5.16% |
| 6-Month | +7.00% |
| YTD | +12.13% |
| 1-Year | +16.97% |
| 3-Year | +39.81% |
How IJJ Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #20 | B+ |
VOE | Vanguard Mid-Cap Value Index Fund ETF Shares | +22.77% | 0.05% | $37.2B |
| #78 | B |
IWS | iShares Russell Mid-Cap Value ETF | +22.96% | 0.23% | $15.6B |
| #135 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +21.86% | 0.03% | $15.3B |
| #156 | B |
IJH | iShares Core S&P Mid-Cap ETF | +19.19% | 0.05% | $124B |
| #158 | B |
VO | Vanguard Mid-Cap Index Fund ETF Shares | +13.56% | 0.03% | $224B |
| #176 | C |
IWR | iShares Russell Mid-Cap ETF | +16.41% | 0.18% | $57.0B |
| #181 | C |
SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | +19.19% | 0.03% | $18.4B |
| #200 | C |
IJK | iShares S&P Mid-Cap 400 Growth ETF | +21.23% | 0.17% | $11.3B |
| #210 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +18.79% | 0.23% | $28.1B |
| #234 | C |
MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | +21.20% | 0.15% | $2.92B |
| #262 | C |
IJJ | iShares S&P Mid-Cap 400 Value ETF | +16.97% | 0.18% | $8.73B |
| #291 | C |
MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | +16.92% | 0.15% | $2.68B |
| #376 | C |
VOT | Vanguard Mid-Cap Growth Index Fund ETF Shares | +1.38% | 0.05% | $34.8B |
| #398 | D |
IWP | iShares Russell Mid-Cap Growth ETF | -2.93% | 0.23% | $21.6B |