IJH vs MDYG: Grades, Fees and Holdings Compared

iShares Core S&P Mid-Cap ETF

IJHANYSE Arca

State Street SPDR S&P 400 Mid Cap Growth ETF

MDYGBNYSE Arca

Overlap

64.2%by weight

Expense ratio

IJH −0.10pt a year

IJH0.05%MDYG0.15%

Avg volume · 30D

IJH 71.2×the volume

IJH6.75MMDYG94.8K

10Y return · a year

MDYG +0.1pt

IJH+10.8%MDYG+10.9%

IJH vs MDYG Performance

Nov 9, 2021 – Nov 9, 2026

+36.7%IJH+30.9%MDYG

Expense ratio: IJH 0.05%, better; MDYG 0.15%
Fund size: IJH $121B; MDYG $2.75B
1Y total return: IJH +16.1%, better; MDYG +15.1%
Yield (12M): IJH 1.21%, better; MDYG 0.67%
Holdings: IJH 405; MDYG 249
Avg volume (30D): IJH 6.75M sh, better; MDYG 94.8K sh
NAV per share: IJH $72.13; MDYG $101.02
52W range

ETF.net Grade

Pillar letters and Scores for IJH, MDYG, with each pillar’s weight
Pillar	IJH	MDYG
Cost30% weight	A87Higher	C51
Mission25% weight	A100Higher	A96
Risk15% weight	B57Higher	D26
Tradability15% weight	A84Higher	B60
Holdings10% weight	A78Higher	C41
Durability5% weight	A83Higher	B61

Rank among S&P MidCap 400 funds

How we build Categories ›

Same Category. IJH and MDYG 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 MDYG 7th 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 6BMDYVState Street SPDR S&P 400 Mid Cap Value ETFScore 63
Rank 7BMDYGState Street SPDR S&P 400 Mid Cap Growth ETFScore 59
Rank 8BIJJiShares S&P Mid-Cap 400 Value ETFScore 58

Our read on each fund

ETF.net Research

IJHAiShares Core S&P Mid-Cap ETF

MDYGBState Street SPDR S&P 400 Mid Cap Growth 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.

MDYG The growth half of the S&P MidCap 400, running since 2005. MDYG keeps the mid-cap names that score growth and leaves the value end to its sibling fund, for 0.15% a year.

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.

MDYG The fund seeks to track, before fees and expenses, the total return of the S&P MidCap 400 Growth Index.

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

MDYG One job: mirror the S&P MidCap 400 Growth Index. Tracking has stayed very close to that benchmark.
Trading since 2005 and now a multi-billion-dollar fund from SPDR. A seasoned wrapper, not a fresh launch chasing a theme.
0.15% a year sits right at the median for the S&P MidCap 400 shelf, and it buys you about 240 growth-screened mid caps rather than a short list of bets.
The style call is rules-based: S&P runs the growth screen and the rebalancing, so there is no manager discretion to second-guess. Cash goes out quarterly.

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.

MDYG Owning the full 400 costs less: SPMD charges 0.03% and IJH 0.05%. The style split is what the extra basis points buy.
By design this is only the growth end of the index. The value side of mid caps is absent, so results can drift from the full 400 in either direction.
Volume is moderate rather than heavyweight for the category, so spreads deserve a look on larger orders.

Full IJH profile⁠

Full MDYG profile⁠

IJH vs MDYG Holdings

How IJH and MDYG differ

Overlap by weight

64.2%

Shared holdings make up 99.96% of MDYG and 65.5% of IJH.

Level by level

Holdings247 in both64.2%
Sector11 Sectors83.2%
Countryby domicile99.1%
Asset classStocks100%

Sector

Sector weights in IJH and MDYG, widest gap first
Sector	Gap	IJH	MDYG
Health Care	MDYG +7.4 points	11.1%	18.4%
Financials	IJH +6.6 points	16.0%	9.4%
Industrials	MDYG +4.9 points	23.2%	28.1%
Technology	MDYG +3.7 points	11.3%	15.0%
Energy	IJH +2.3 points	5.1%	2.8%
Consumer Staples	IJH +2.0 points	3.5%	1.5%
Materials	IJH +1.9 points	6.1%	4.2%
Consumer Discretionary	IJH +1.5 points	11.1%	9.6%
Real Estate	IJH +1.4 points	7.6%	6.2%
Utilities	IJH +1.2 points	3.4%	2.2%
Communication	MDYG +0.9 points	1.7%	2.6%

Country, concentration and asset class

Country by domicile

Country weights in IJH and MDYG, widest gap first
Country	Gap	IJH	MDYG
United States	IJH +0.9 points	98.3%	97.4%
United Kingdom	MDYG +0.7 points	1.1%	1.8%
Other countries (3)	MDYG +0.2 points	0.6%	0.8%

Concentration

Weight in the 10 largest Holdings

IJH6.7%
MDYG12.9%

Securities held

IJH400
MDYG247

Asset class

IJH: Stocks
MDYG: Stocks

Holdings

Only in IJH153
In both247
Only in MDYG0

Only in IJH

153 securities, 34.3% of IJH by weight

Us Foods Holding0.69%
Reliance Steel & Aluminum0.63%
Sharkninja0.55%
Permian Resources Class A0.54%
Td Synnex0.52%
Reinsurance Group of America0.51%
Jones Lang Lasalle0.51%
Performance Food Group0.50%
Ovintiv0.50%
Pinnacle Financial Partners0.45%
Hf Sinclair0.45%
Wesco International0.43%
Toll Brothers Inc0.42%
Annaly Capital Management Reit0.42%
Bjs Wholesale Club Holdings0.42%
Aramark0.41%
Crown Holdings Inc0.39%
Essential Utilities Inc0.38%
Range Resources0.34%
Regal Rexnord0.34%
Antero Resources0.33%
Unum0.33%
Fidelity National Financial Inc0.33%
First Horizon0.33%
Molina Healthcare Inc0.33%
Watsco0.32%
Avantor0.31%
Oge Energy0.31%
Ally Financial Inc0.31%
Alcoa Corp0.31%
American Homes Rent Reit Class A0.31%
Booz Allen Hamilton Holding Class0.31%
Gamestop Class A0.31%
Ryder System0.30%
Wintrust Financial0.30%
Southstate Bank Corp0.30%
Cnh Industrial N.v.0.30%
Toro0.30%
Borgwarner0.30%
Umb Financial0.29%
Owens Corning0.29%
Knight-Swift Transportation Holdin0.28%
Maplebear0.28%
Arrow Electronics0.27%
Zions Bancorporation0.27%
Aptargroup0.27%
Voya Financial0.27%
Corebridge Financial Inc0.27%
Saia Inc0.26%
Murphy Usa0.26%

Only in MDYG

0 securities, 0.0% of MDYG by weight

Weight gaps

The 100 widest of 247 Holdings in both funds.

Holding weights in IJH and MDYG, widest gap first
Holding	Gap	IJH	MDYG
Technipfmc PLCFTI	MDYG +0.76 points	0.74%	1.50%
United TherapeuticsUTHR	MDYG +0.73 points	0.72%	1.45%
AtiATI	MDYG +0.73 points	0.71%	1.44%
Tenet Healthcare CorpTHC	MDYG +0.69 points	0.68%	1.37%
Royal GoldRGLD	MDYG +0.68 points	0.67%	1.35%
Roku Class AROKU	MDYG +0.64 points	0.63%	1.27%
XpoXPO	MDYG +0.62 points	0.62%	1.24%
WoodwardWWD	MDYG +0.56 points	0.56%	1.12%
Itt IncITT	MDYG +0.55 points	0.55%	1.10%
Toast Class ATOST	MDYG +0.54 points	0.53%	1.07%
Rb GlobalRBA	MDYG +0.52 points	0.52%	1.04%
Exelixis IncEXEL	MDYG +0.53 points	0.51%	1.04%
Nvent Electric PLCNVT	MDYG +0.52 points	0.51%	1.03%
Curtiss WrightCW	MDYG +0.52 points	0.51%	1.03%
Neurocrine BiosciencesNBIX	MDYG +0.50 points	0.50%	1.00%
Coeur MiningCDE	MDYG +0.48 points	0.47%	0.95%
Api GroupAPG	MDYG +0.47 points	0.47%	0.94%
Jazz Pharmaceuticals PLCJAZZ	MDYG +0.47 points	0.45%	0.92%
Talen EnergyTLN	MDYG +0.46 points	0.45%	0.91%
Rbc BearingsRBC	MDYG +0.45 points	0.45%	0.90%
Somnigroup InternationalSGI	MDYG +0.45 points	0.44%	0.89%
Medpace HoldingsMEDP	MDYG +0.45 points	0.44%	0.89%
Macom Technology SolutionsMTSI	MDYG +0.44 points	0.44%	0.88%
Carpenter TechnologyCRS	MDYG +0.42 points	0.41%	0.83%
Encompass HealthEHC	MDYG +0.41 points	0.40%	0.81%
Caci International Inc Class ACACI	MDYG +0.41 points	0.40%	0.81%
Guidewire SoftwareGWRE	MDYG +0.41 points	0.40%	0.81%
Five BelowFIVE	MDYG +0.40 points	0.40%	0.80%
Elanco Animal HealthELAN	MDYG +0.39 points	0.38%	0.77%
PenumbraPEN	MDYG +0.39 points	0.37%	0.76%
Dynatrace IncDT	MDYG +0.38 points	0.37%	0.75%
Texas Roadhouse IncTXRH	MDYG +0.37 points	0.36%	0.73%
Halozyme TherapeuticsHALO	MDYG +0.36 points	0.35%	0.71%
Coca Cola ConsolidatedCOKE	MDYG +0.36 points	0.35%	0.71%
FabrinetFN	MDYG +0.35 points	0.35%	0.70%
Brightspring Health Services IncBTSG	MDYG +0.35 points	0.34%	0.69%
Bwx Technologies IncBWXT	MDYG +0.33 points	0.33%	0.66%
Mastec IncMTZ	MDYG +0.32 points	0.33%	0.65%
Ensign GroupENSG	MDYG +0.32 points	0.31%	0.63%
Tetra TechTTEK	MDYG +0.31 points	0.31%	0.62%
FlowserveFLS	MDYG +0.31 points	0.30%	0.61%
Hecla MiningHL	MDYG +0.29 points	0.30%	0.59%
New York Times Class ANYT	MDYG +0.30 points	0.29%	0.59%
SitimeSITM	MDYG +0.29 points	0.29%	0.58%
Watts Water Technologies Class AWTS	MDYG +0.29 points	0.28%	0.57%
Affiliated Managers GroupAMG	MDYG +0.28 points	0.28%	0.56%
Moog Inc Class AMOG.A	MDYG +0.28 points	0.27%	0.55%
Caretrust ReitCTRE	MDYG +0.27 points	0.27%	0.54%
Brinker International IncEAT	MDYG +0.27 points	0.26%	0.53%
HealthequityHQY	MDYG +0.26 points	0.26%	0.52%
Kinsale Capital Group IncKNSL	MDYG +0.25 points	0.25%	0.50%
Arrowhead PharmaceuticalsARWR	MDYG +0.25 points	0.24%	0.49%
RambusRMBS	MDYG +0.25 points	0.24%	0.49%
Krystal BiotechKRYS	MDYG +0.24 points	0.24%	0.48%
Globus Medical Class AGMED	MDYG +0.24 points	0.24%	0.48%
Advanced Energy IndustriesAEIS	MDYG +0.23 points	0.24%	0.47%
Sterling InfrastructureSTRL	MDYG +0.23 points	0.23%	0.46%
Firstcash Holdings IncFCFS	MDYG +0.23 points	0.22%	0.45%
Interdigital IncIDCC	MDYG +0.22 points	0.22%	0.44%
Paylocity Holding CorpPCTY	MDYG +0.22 points	0.22%	0.44%
SanminaSANM	MDYG +0.21 points	0.22%	0.43%
Spx Technologies IncSPXC	MDYG +0.22 points	0.21%	0.43%
First Industrial Realty TrustFR	MDYG +0.22 points	0.21%	0.43%
Digitalocean HoldingsDOCN	MDYG +0.21 points	0.21%	0.42%
Viavi SolutionsVIAV	MDYG +0.21 points	0.21%	0.42%
Ttm Technologies IncTTMI	MDYG +0.21 points	0.21%	0.42%
Corcept TherapeuticsCORT	MDYG +0.21 points	0.21%	0.42%
QualysQLYS	MDYG +0.20 points	0.20%	0.40%
Kratos Defense and Security SolutiKTOS	MDYG +0.20 points	0.20%	0.40%
Exlservice HoldingsEXLS	MDYG +0.19 points	0.20%	0.39%
Churchill DownsCHDN	MDYG +0.20 points	0.19%	0.39%
Formfactor IncFORM	MDYG +0.19 points	0.19%	0.38%
Antero MidstreamAM	MDYG +0.19 points	0.19%	0.38%
Dycom Industries IncDY	MDYG +0.19 points	0.19%	0.38%
Ul Solutions Inc Class AULS	MDYG +0.19 points	0.18%	0.37%
HexcelHXL	MDYG +0.19 points	0.18%	0.37%
Celsius HoldingsCELH	MDYG +0.18 points	0.17%	0.35%
Ormat Tech IncORA	MDYG +0.17 points	0.17%	0.34%
Appfolio Class AAPPF	MDYG +0.16 points	0.17%	0.33%
MksMKSI	MDYG +0.16 points	0.39%	0.55%
Hims Hers Health Class AHIMS	MDYG +0.17 points	0.16%	0.33%
Lincoln Electric HoldingsLECO	MDYG +0.16 points	0.45%	0.61%
Ollies Bargain Outlet HoldingsOLLI	MDYG +0.17 points	0.16%	0.33%
Sabra Health Care ReitSBRA	MDYG +0.16 points	0.16%	0.32%
EnersysENS	MDYG +0.16 points	0.16%	0.32%
NewmarketNEU	MDYG +0.16 points	0.16%	0.32%
Valaris LtdVAL	MDYG +0.16 points	0.16%	0.32%
Mueller Industries IncMLI	MDYG +0.16 points	0.35%	0.51%
Dt MidstreamDTM	MDYG +0.15 points	0.35%	0.50%
GlaukosGKOS	MDYG +0.15 points	0.40%	0.55%
Livanova PLCLIVN	MDYG +0.15 points	0.15%	0.30%
Dropbox Inc Class ADBX	MDYG +0.15 points	0.15%	0.30%
Nextpower IncNXT	MDYG +0.15 points	0.47%	0.62%
Option Care Health IncOPCH	MDYG +0.14 points	0.14%	0.28%
Agnc Investment ReitAGNC	MDYG +0.14 points	0.31%	0.45%
Travel LeisureTNL	MDYG +0.14 points	0.14%	0.28%
Federated Hermes Inc Class BFHI	MDYG +0.13 points	0.14%	0.27%
Planet Fitness Inc Class APLNT	MDYG +0.13 points	0.14%	0.27%
Sotera Health CompanySHC	MDYG +0.13 points	0.14%	0.27%
ValvolineVVV	MDYG +0.14 points	0.13%	0.27%

All 409 IJH holdings⁠All 247 MDYG 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 MDYG Cost

Overpaying MDYG vs IJH

$2,077

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

IJH 0.05%
$1,060
MDYG 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

IJH 0.05%
MDYG 0.15%
Overpaying

Year by year

Year	IJH	MDYG	Overpaying
10	$92	$274	$182
20	$360	$1,071	$711
30	$1,060	$3,137	$2,077

Expense ratio

0.05%IJH, cheaper
0.15%MDYG

IJH0.05%MDYG0.15%

0.03%0.49%

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

IJH 2nd cheapest of 11 funds

MDYG 5th cheapest of 11 funds

IJH vs MDYG Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IJH 1.21%, better; MDYG 0.67%
Payout (12M): IJH $0.90; MDYG $0.70
Last payment: IJH $0.23; MDYG $0.23
Ex-dividend: IJH Sep 15, 2026; MDYG Sep 21, 2026
Paid on: IJH Sep 18, 2026; MDYG Sep 23, 2026
Frequency: IJH Quarterly; MDYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJHQuarterly · 37 paymentsAll IJH payments⁠

MDYGQuarterly · 38 paymentsAll MDYG payments⁠

IJH vs MDYG Risk

Fall from peak · 5 years

IJH
MDYG

Risk facts

VolatilityStd dev, 3 years: IJH 15.0%, betterMDYG 15.9%
Return per unit of riskSharpe ratio, 3 years: IJH 0.84, betterMDYG 0.79
Worst fallMax drawdown, 5 years: IJH −24.1%, betterMDYG −29.3%
Market sensitivityBeta, 5 years: IJH 1.03MDYG 1.07; Market = 1

IJH and MDYG 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

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IJH vs MDYG

In short

Stated mandate

Why people hold it

Worth knowing

How IJH and MDYG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IJH

Only in MDYG

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

How IJH and MDYG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IJH

Only in MDYG

Weight gaps