IJJ — iShares S&P Mid-Cap 400 Value ETF

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.

Overview

The iShares S&P Mid-Cap 400 Value ETF (IJJ) is a US Mid Cap fund issued by iShares that currently manages $8.73 billion in assets. Trading at a price of $147.97, the fund holds an overall rank of #213 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 61.9/100. Investors can access the fund with an expense ratio of 0.18% while receiving a dividend yield of 0.94%. The fund's $8.73 billion AUM places it among the larger options within its specific category, which ETFValuer tracks as containing 14 ETFs. This substantial asset base suggests significant investor adoption relative to the total number of funds available in the US Mid Cap sector. The combination of a moderate expense ratio and a single-digit dividend yield defines the fund's cost and income profile for current holders. Its position in the broader ranking indicates it sits in the middle tier of performance among the 458 ETFs monitored by the platform.

Over the most recent trading day, the fund declined by 1.10% before recovering slightly to post a 0.12% gain over the one-week period. Monthly returns show a modest increase of 0.46%, which accelerated significantly to a 5.25% gain over the three-month horizon. This upward momentum continued into the six-month timeframe with an 8.26% return, while year-to-date performance has reached 11.96%. The one-year return stands at 18.08%, and the three-year cumulative return is recorded at 42.16%. The data illustrates a pattern where short-term fluctuations gave way to stronger gains as the investment horizon extended from one month to three years. This trajectory indicates that the fund has delivered positive returns across all measured periods from one day through three years.

The fund carries a Moderate volatility label and a beta of 0.96, suggesting its price movements generally align with or are slightly less volatile than the broader market. A Sharpe ratio of 0.86 indicates the fund has generated a reasonable amount of excess return per unit of risk taken over the measured period. 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 substantial drawdown implies that while the fund tracks market direction closely, it is exposed to deep corrections during adverse conditions. The moderate volatility rating aligns with the observed beta, confirming that the fund does not exhibit extreme price swings relative to its peers. Investors should consider the -22.68% drawdown figure alongside the 0.86 Sharpe ratio when evaluating the risk-adjusted return profile of the asset.

AI-generated summary based on the data on this page.

IJJ Top Holdings

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).

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: 4.61% (as of 2026-07-28) — 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): 18.21 (as of 2026-07-28) — 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.

IJJ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 4.83% and average daily volume is 176K/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

How IJJ Compares to Other US Mid Cap ETFs