IJJ — iShares S&P Mid-Cap 400 Value ETF
US Mid Cap Ranked #214 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 issued by iShares with $8.33 billion in assets under management. It holds an overall rank of #214 out of 458 tracked ETFs and sits at #8 of 14 within its specific category, earning an ETFValuer grade of C. The fund’s 0.18% expense ratio exceeds the category median of 0.15%, while its 1.64% dividend yield is notably higher than the 1.27% median. Top 10 holdings represent only 12.2% of assets, with the largest single position being BlackRock Funds III at 3.0%.
IJJ has delivered a 1-year return of +12.96%, trailing the category median of +13.21%, though it shows stronger momentum over the last month with a +2.49% gain. The fund is currently priced at $143.20, which places it at 69.2% of its 52-week range between $123.89 and $151.81. Short-term performance has been mixed, with a -0.53% drop in the last day following a +1.27% weekly gain. The rating has remained unchanged at grade C across the last 35 tracked days, and price history is available for 3.0 years.
With a beta of 0.94, the fund moves slightly less than the broader market, accompanied by an annualized volatility of 14.02% labeled as Low. A Sharpe ratio of 0.57 suggests moderate risk-adjusted returns, while the maximum drawdown of -22.68% indicates significant historical downside exposure. Liquidity is supported by an average daily volume of 181,123 shares, providing adequate trading activity for the fund's size.
AI-generated summary based on the data on this page.
IJJ Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | BlackRock Funds III | 2.99% | $261M |
| 2 | US Foods Holding Corp. | 1.29% | $113M |
| 3 | TD SYNNEX Corp. | 1.15% | $100M |
| 4 | Reliance, Inc. | 1.10% | $96M |
| 5 | Performance Food Group Co. | 1.01% | $88M |
| 6 | WESCO International, Inc. | 0.97% | $84M |
| 7 | Entegris, Inc. | 0.95% | $83M |
| 8 | Annaly Capital Management, Inc. | 0.94% | $82M |
| 9 | Regal Rexnord Corp. | 0.91% | $80M |
| 10 | Toll Brothers, Inc. | 0.90% | $78M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 12.2% 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 9 of the same companies as IJJ's top 10 (9.2% of IJJ's assets).
| ETF | Name | Shared Companies | IJJ Weight | Examples |
|---|---|---|---|---|
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 9 | 9.2% | US Foods Holding Corp., TD SYNNEX Corp., Reliance, Inc.… |
| DFAT | U.S. Targeted Value Portfolio-ETF Class Shares | 2 | 1.9% | Performance Food Group Co., Toll Brothers, Inc. |
| IWM | iShares Russell 2000 ETF | 1 | 3.0% | BlackRock Funds III |
| IBB | iShares Biotechnology ETF | 1 | 3.0% | BlackRock Funds III |
| IWR | iShares Russell Mid-Cap ETF | 1 | 3.0% | 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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — 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 1.64%. 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: Average daily volume is 181K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $8.33B 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 | -0.53% |
| 1-Week | +1.27% |
| 1-Month | +2.49% |
| 3-Month | -3.20% |
| 6-Month | +2.11% |
| YTD | +8.79% |
| 1-Year | +12.96% |
| 3-Year | +60.52% |
How IJJ Compares to Other US Mid Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #15 | B+ |
VOE | Vanguard Morningstar Mid-Cap Value ETF | +22.13% | 0.05% | $36.7B |
| #44 | B |
IWS | iShares Russell Mid-Cap Value ETF | +23.07% | 0.23% | $14.8B |
| #93 | B |
IWR | iShares Russell Mid-Cap ETF | +15.49% | 0.18% | $54.9B |
| #105 | B |
SCHM | Schwab U.S. Mid-Cap ETF | +18.40% | 0.03% | $14.3B |
| #112 | B |
VO | Vanguard Morningstar Mid-Cap ETF | +12.06% | 0.03% | $216B |
| #173 | C |
IJH | iShares Core S&P Mid-Cap ETF | +13.23% | 0.05% | $121B |
| #200 | C |
SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | +13.29% | 0.03% | $17.9B |
| #214 | C |
IJJ | iShares S&P Mid-Cap 400 Value ETF | +12.96% | 0.18% | $8.33B |
| #218 | C |
MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | +12.88% | 0.23% | $25.2B |
| #224 | C |
MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | +13.13% | 0.15% | $2.66B |
| #252 | C |
IJK | iShares S&P Mid-Cap 400 Growth ETF | +13.19% | 0.16% | $10.3B |
| #277 | C |
MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | +13.23% | 0.15% | $2.79B |
| #314 | C |
VOT | Vanguard Morningstar Mid-Cap Growth ETF | -0.22% | 0.05% | $33.2B |
| #394 | D |
IWP | iShares Russell Mid-Cap Growth ETF | -5.86% | 0.23% | $19.3B |