IJH vs MCOW: Grades, Fees and Holdings Compared

iShares Core S&P Mid-Cap ETF

IJHANYSE Arca

Pacer S&P MidCap 400 Quality FCF Aristocrats ETF

MCOWDCboe

Overlap

19.2%by weight

Expense ratio

IJH −0.44pt a year

IJH0.05%MCOW0.49%

Avg volume · 30D

IJH 5330.8×the volume

IJH6.75MMCOW1.27K

IJH vs MCOW Performance

Nov 7, 2025 – Nov 9, 2026

+16.1%IJH+13.2%MCOW

Expense ratio: IJH 0.05%, better; MCOW 0.49%
Fund size: IJH $121B; MCOW $1M
1Y total return: IJH +16.1%, better; MCOW +13.2%
Yield (12M): IJH 1.21%; MCOW No data
Holdings: IJH 405; MCOW 81
Avg volume (30D): IJH 6.75M sh, better; MCOW 1.27K sh
NAV per share: IJH $72.13; MCOW $21.83
52W range

ETF.net Grade

Pillar letters and Scores for IJH, MCOW, with each pillar’s weight
Pillar	IJH	MCOW
Cost30% weight	A87Higher	F5
Mission25% weight	A100Higher	A89
Risk15% weight	B57Higher	F10
Tradability15% weight	A84Higher	F24
Holdings10% weight	A78Higher	D25
Durability5% weight	A83Higher	F6

Rank among S&P MidCap 400 funds

How we build Categories ›

Same Category. IJH and MCOW are both graded against the same 11 S&P MidCap 400 funds, so their Grades compare head to head.

S&P MidCap 400⁠

Category · 11 funds

See all 11 ›

IJH ranks 2nd and MCOW 11th of 11 funds in the S&P MidCap 400 Category.

Rank 1ASPMDState Street SPDR Portfolio S&P 400 Mid Cap ETFScore 86
Rank 2AIJHiShares Core S&P Mid-Cap ETFScore 84
Rank 3AIVOOVanguard S&P Mid-Cap 400 ETFScore 72
Rank 10CMIDEXtrackers S&P MidCap 400 Scored & Screened ETFScore 40
Rank 11DMCOWPacer S&P MidCap 400 Quality FCF Aristocrats ETFScore 31

Our read on each fund

ETF.net Research

IJHAiShares Core S&P Mid-Cap ETF

MCOWDPacer S&P MidCap 400 Quality FCF Aristocrats ETF

In short

IJH The mid-cap middle child, done cheap. IJH has tracked the S&P MidCap 400 since 2000 for five basis points, and it's one of the most heavily traded ways to own roughly 400 mid-sized US companies.

MCOW No data

Stated mandate

IJH The fund seeks to track the S&P MidCap 400 Index and provide exposure to mid-sized U.S. companies. It is presented as a low-cost core portfolio holding.

MCOW No data

Why people hold it

IJH Five basis points a year, about a third of the typical cost in its S&P 400 peer group, and a fraction of MDY's 0.23% for the very same index.
Running since 2000 and among the most actively traded funds in the mid-cap aisle, with assets in the multi-billions.
The mandate is one line: hold the S&P MidCap 400, roughly 400 mid-sized US companies. No tilts, no screens, no style drift. Pays quarterly.ishares.com
iShares built it as a core building block, and it sits among the strongest implementations of this index in its peer group.ishares.com

MCOW No data

Worth knowing

IJH It is not the cheapest seat: SPMD tracks the same index at 0.03%. Two basis points, if cost is your only tiebreaker.
Mid-caps only. No mega-cap ballast, no small caps, so this works as a sleeve beside a large-cap core rather than a whole US portfolio.
All US, all stocks. Nothing here diversifies you outside American equity markets.

MCOW No data

Full IJH profile⁠

Full MCOW profile⁠

IJH vs MCOW Holdings

How IJH and MCOW differ

Overlap by weight

19.2%

Shared holdings make up 99.9% of MCOW and 19.2% of IJH.

Level by level

Holdings79 in both19.2%
Sector11 Sectors66.9%
Countryby domicile98.5%
Asset classStocks100%

Sector

Sector weights in IJH and MCOW, widest gap first
Sector	Gap	IJH	MCOW
Technology	MCOW +23.3 points	11.3%	34.6%
Financials	IJH +11.3 points	16.0%	4.7%
Health Care	MCOW +8.7 points	11.1%	19.8%
Real Estate	IJH +7.6 points	7.6%	0.0%
Consumer Discretionary	IJH +3.9 points	11.1%	7.2%
Materials	IJH +3.7 points	6.1%	2.4%
Utilities	IJH +3.4 points	3.4%	0.0%
Industrials	IJH +1.8 points	23.2%	21.4%
Consumer Staples	IJH +1.6 points	3.5%	1.9%
Communication	MCOW +1.0 points	1.7%	2.7%
Energy	MCOW +0.1 points	5.1%	5.2%

Country, concentration and asset class

Country by domicile

Country weights in IJH and MCOW, widest gap first
Country	Gap	IJH	MCOW
United States	MCOW +1.2 points	98.3%	99.5%
United Kingdom	IJH +1.1 points	1.1%	0.0%
Other countries (3)	IJH +0.1 points	0.6%	0.5%

Concentration

Weight in the 10 largest Holdings

IJH6.7%
MCOW33.2%

Securities held

IJH400
MCOW79

Asset class

IJH: Stocks
MCOW: Stocks

Holdings

Only in IJH321
In both79
Only in MCOW0

Only in IJH

321 securities, 80.6% of IJH by weight

United Therapeutics0.72%
Ati0.71%
Us Foods Holding0.69%
Tenet Healthcare Corp0.68%
Royal Gold0.67%
Reliance Steel & Aluminum0.63%
Roku Class A0.63%
Roivant Sciences Ltd0.63%
Xpo0.62%
Entegris Inc0.58%
Woodward0.56%
Sharkninja0.55%
Itt Inc0.55%
Permian Resources Class A0.54%
Toast Class A0.53%
East West Bancorp0.53%
Td Synnex0.52%
Rb Global0.52%
Nvent Electric PLC0.51%
Reinsurance Group of America0.51%
Jones Lang Lasalle0.51%
Performance Food Group0.50%
Ovintiv0.50%
Nextpower Inc0.47%
Coeur Mining0.47%
Nutanix Class A0.47%
Api Group0.47%
Transunion0.46%
Burlington Stores0.46%
Pinnacle Financial Partners0.45%
Talen Energy0.45%
Hf Sinclair0.45%
Rbc Bearings0.45%
W. P. Carey Reit0.44%
Somnigroup International0.44%
Macom Technology Solutions0.44%
Sun Communities Reit Inc0.44%
Omega Healthcare Investors Reit0.44%
Renaissancere Holding0.43%
Wesco International0.43%
Toll Brothers Inc0.42%
Clean Harbors Inc0.42%
Annaly Capital Management Reit0.42%
Bjs Wholesale Club Holdings0.42%
Aramark0.41%
Carpenter Technology0.41%
Lamar Advertising Company Clas0.41%
Encompass Health0.40%
Caci International Inc Class A0.40%
Guidewire Software0.40%

Only in MCOW

0 securities, 0.0% of MCOW by weight

Weight gaps

All 79 Holdings in both funds, largest gap first.

Holding weights in IJH and MCOW, widest gap first
Holding	Gap	IJH	MCOW
Manhattan AssociatesMANH	MCOW +4.19 points	0.44%	4.63%
DocusignDOCU	MCOW +4.17 points	0.44%	4.61%
Medpace HoldingsMEDP	MCOW +4.11 points	0.44%	4.55%
Exelixis IncEXEL	MCOW +3.29 points	0.51%	3.80%
Lattice SemiconductorLSCC	MCOW +3.18 points	0.44%	3.62%
Jazz Pharmaceuticals PLCJAZZ	MCOW +2.26 points	0.45%	2.71%
QualysQLYS	MCOW +2.22 points	0.20%	2.42%
RambusRMBS	MCOW +1.91 points	0.24%	2.15%
Mueller Industries IncMLI	MCOW +1.89 points	0.35%	2.24%
Interdigital IncIDCC	MCOW +1.85 points	0.22%	2.06%
Neurocrine BiosciencesNBIX	MCOW +1.81 points	0.50%	2.31%
Commvault SystemsCVLT	MCOW +1.69 points	0.20%	1.89%
Dropbox Inc Class ADBX	MCOW +1.62 points	0.15%	1.77%
Technipfmc PLCFTI	MCOW +1.54 points	0.74%	2.28%
Carlisle CompaniesCSL	MCOW +1.42 points	0.44%	1.86%
Paylocity Holding CorpPCTY	MCOW +1.41 points	0.22%	1.63%
GracoGGG	MCOW +1.39 points	0.33%	1.72%
Lincoln Electric HoldingsLECO	MCOW +1.37 points	0.45%	1.82%
Corcept TherapeuticsCORT	MCOW +1.32 points	0.21%	1.53%
Dt MidstreamDTM	MCOW +1.29 points	0.35%	1.64%
H&R Block IncHRB	MCOW +1.24 points	0.19%	1.43%
HubspotHUBS	MCOW +1.19 points	0.30%	1.49%
Antero MidstreamAM	MCOW +1.15 points	0.19%	1.34%
Curtiss WrightCW	MCOW +1.15 points	0.51%	1.66%
Mgic InvestmentMTG	MCOW +1.12 points	0.17%	1.29%
CrocsCROX	MCOW +1.10 points	0.22%	1.32%
Essent GroupESNT	MCOW +1.10 points	0.17%	1.27%
Allison Transmission HoldingsALSN	MCOW +1.08 points	0.29%	1.37%
Doximity Class ADOCS	MCOW +1.08 points	0.12%	1.20%
Sterling InfrastructureSTRL	MCOW +1.07 points	0.23%	1.30%
Bentley Systems Class BBSY	MCOW +1.05 points	0.21%	1.26%
ChemedCHE	MCOW +0.95 points	0.21%	1.16%
New York Times Class ANYT	MCOW +0.92 points	0.29%	1.21%
Coca Cola ConsolidatedCOKE	MCOW +0.91 points	0.35%	1.26%
HealthequityHQY	MCOW +0.87 points	0.26%	1.13%
Appfolio Class AAPPF	MCOW +0.80 points	0.17%	0.97%
Advanced Drainage Systems IncWMS	MCOW +0.80 points	0.26%	1.06%
Cirrus LogicCRUS	MCOW +0.79 points	0.17%	0.96%
AcuityAYI	MCOW +0.78 points	0.29%	1.07%
Tetra TechTTEK	MCOW +0.74 points	0.31%	1.05%
Onto InnovationONTO	MCOW +0.69 points	0.25%	0.94%
Watts Water Technologies Class AWTS	MCOW +0.67 points	0.28%	0.95%
Voya FinancialVOYA	MCOW +0.66 points	0.27%	0.93%
ExponentEXPO	MCOW +0.67 points	0.12%	0.79%
CognexCGNX	MCOW +0.64 points	0.24%	0.88%
Lantheus HoldingsLNTH	MCOW +0.63 points	0.20%	0.83%
WatscoWSO	MCOW +0.63 points	0.32%	0.95%
DonaldsonDCI	MCOW +0.58 points	0.29%	0.87%
Landstar SystemLSTR	MCOW +0.56 points	0.14%	0.70%
Wyndham Hotels ResortsWH	MCOW +0.55 points	0.17%	0.72%
Grand Canyon Education IncLOPE	MCOW +0.54 points	0.09%	0.63%
Eagle Materials IncEXP	MCOW +0.53 points	0.17%	0.70%
Dolby Laboratories Class ADLB	MCOW +0.51 points	0.11%	0.62%
Applied Industrial TechnologiesAIT	MCOW +0.49 points	0.31%	0.80%
Simpson ManufacturingSSD	MCOW +0.48 points	0.24%	0.72%
LittelfuseLFUS	MCOW +0.48 points	0.27%	0.75%
Ul Solutions Inc Class AULS	MCOW +0.47 points	0.18%	0.65%
ToroTTC	MCOW +0.46 points	0.30%	0.76%
Nexstar Media Group IncNXST	MCOW +0.45 points	0.16%	0.61%
Globus Medical Class AGMED	MCOW +0.44 points	0.24%	0.68%
Exlservice HoldingsEXLS	MCOW +0.42 points	0.20%	0.62%
NewmarketNEU	MCOW +0.41 points	0.16%	0.57%
Universal Display CorpOLED	MCOW +0.40 points	0.11%	0.51%
Firstcash Holdings IncFCFS	MCOW +0.39 points	0.22%	0.61%
WingstopWING	MCOW +0.39 points	0.13%	0.52%
Siriusxm HoldingsSIRI	MCOW +0.39 points	0.18%	0.57%
GentexGNTX	MCOW +0.35 points	0.12%	0.47%
Bath and Body WorksBBWI	MCOW +0.34 points	0.13%	0.47%
GenpactG	MCOW +0.33 points	0.19%	0.52%
Choice Hotels InternationalCHH	MCOW +0.32 points	0.07%	0.39%
MorningstarMORN	MCOW +0.31 points	0.14%	0.45%
Yeti HoldingsYETI	MCOW +0.26 points	0.10%	0.36%
VontierVNT	MCOW +0.26 points	0.17%	0.43%
Ufp IndustriesUFPI	MCOW +0.25 points	0.13%	0.38%
Warner Music Group Class AWMG	MCOW +0.22 points	0.14%	0.36%
Msc Industrial Class AMSM	MCOW +0.21 points	0.14%	0.35%
SynapticsSYNA	MCOW +0.18 points	0.14%	0.32%
Euronet WorldwideEEFT	MCOW +0.18 points	0.07%	0.25%
Crane NxtCXT	MCOW +0.16 points	0.08%	0.24%

All 409 IJH holdings⁠All 81 MCOW holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IJH vs MCOW Cost

Overpaying MCOW vs IJH

$8,732

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IJH 0.05%
$1,060
MCOW 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

IJH 0.05%
MCOW 0.49%
Overpaying

Year by year

Year	IJH	MCOW	Overpaying
10	$92	$883	$791
20	$360	$3,394	$3,034
30	$1,060	$9,792	$8,732

Expense ratio

0.05%IJH, cheaper
0.49%MCOW

IJH0.05%MCOW0.49%

0.03%0.49%

Middle half of S&P MidCap 400 funds
Median 0.15%

IJH 2nd cheapest of 11 funds

MCOW 11th cheapest of 11 funds

IJH vs MCOW Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IJH 1.21%; MCOW No data
Payout (12M): IJH $0.90; MCOW No data
Last payment: IJH $0.23; MCOW $0.01
Ex-dividend: IJH Sep 15, 2026; MCOW Sep 3, 2026
Paid on: IJH Sep 18, 2026; MCOW Sep 8, 2026
Frequency: IJH Quarterly; MCOW Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJHQuarterly · 37 paymentsAll IJH payments⁠

MCOWQuarterly · 4 paymentsAll MCOW payments⁠

IJH vs MCOW Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IJH 15.0%MCOW 13.1%since Sep 2025
Return per unit of riskSharpe ratio, 3 years: IJH 0.84MCOW 0.43since Sep 2025
Worst fallMax drawdown, 5 years: IJH −24.1%MCOW −15.0%since Aug 2025
Market sensitivityBeta, 5 years: IJH 1.03MCOW 0.85; Market = 1

IJH and MCOW in the news

All news⁠

Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026IJH
News
Independence Realty to take Centerspace in 3.800-share all-stock merger
Sep 9, 2026IJH

Popular comparisons

IJHAvsSPMDA
iShares Core S&P Mid-Cap ETF · State Street SPDR Portfolio S&P 400 Mid Cap ETF
Expense ratio
0.05% · 0.03%
Category
MCOWDvsSPMDA
Pacer S&P MidCap 400 Quality FCF Aristocrats ETF · State Street SPDR Portfolio S&P 400 Mid Cap ETF
Expense ratio
0.49% · 0.03%
Category
IJHAvsIVOOA
iShares Core S&P Mid-Cap ETF · Vanguard S&P Mid-Cap 400 ETF
Expense ratio
0.05% · 0.07%
Category
MCOWDvsIVOOA
Pacer S&P MidCap 400 Quality FCF Aristocrats ETF · Vanguard S&P Mid-Cap 400 ETF
Expense ratio
0.49% · 0.07%
Category
IJHAvsMDYB
iShares Core S&P Mid-Cap ETF · State Street SPDR S&P MIDCAP 400 ETF Trust
Expense ratio
0.05% · 0.23%
Category
MCOWDvsMDYB
Pacer S&P MidCap 400 Quality FCF Aristocrats ETF · State Street SPDR S&P MIDCAP 400 ETF Trust
Expense ratio
0.49% · 0.23%
Category

IJH vs MCOW

In short

Stated mandate

Why people hold it

Worth knowing

How IJH and MCOW differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IJH

Only in MCOW

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

US multifactor funds ran 30 points apart

Independence Realty to take Centerspace in 3.800-share all-stock merger