IJJ vs IVOO: Grades, Fees and Holdings Compared

iShares S&P Mid-Cap 400 Value ETF

IJJBNYSE Arca

Vanguard S&P Mid-Cap 400 ETF

IVOOANYSE Arca

Overlap

60.9%by weight

Expense ratio

IVOO −0.11pt a year

IJJ0.18%IVOO0.07%

Avg volume · 30D

IJJ 2.2×the volume

IJJ184KIVOO82.5K

10Y return · a year

IVOO +0.5pt

IJJ+10.4%IVOO+10.9%

IJJ vs IVOO Performance

Oct 29, 2021 – Oct 30, 2026

+48.2%IJJ+41.0%IVOO

Expense ratio: IJJ 0.18%; IVOO 0.07%, better
Fund size: IJJ $8.67B; IVOO $5.7B
1Y total return: IJJ +15.8%, better; IVOO +14.3%
Yield (12M): IJJ 1.62%, better; IVOO 1.21%
Holdings: IJJ 300; IVOO 406
Avg volume (30D): IJJ 184K sh, better; IVOO 82.5K sh
NAV per share: IJJ $145.42; IVOO $124.07
52W range

ETF.net Grade

Pillar letters and Scores for IJJ, IVOO, with each pillar’s weight
Pillar	IJJ	IVOO
Cost30% weight	D33	A78Higher
Mission25% weight	A86	A100Higher
Risk15% weight	B60Higher	C52
Tradability15% weight	B62Higher	D32
Holdings10% weight	C51	A74Higher
Durability5% weight	B69	A70Higher

Rank among S&P MidCap 400 funds

How we build Categories ›

Same Category. IJJ and IVOO 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 ›

IVOO ranks 3rd and IJJ 8th of 11 funds in the S&P MidCap 400 Category.

Rank 1ASPMDState Street SPDR Portfolio S&P 400 Mid Cap ETFScore 85
Rank 2AIJHiShares Core S&P Mid-Cap ETFScore 84
Rank 3AIVOOVanguard S&P Mid-Cap 400 ETFScore 71
Rank 4BMDYState Street SPDR S&P MIDCAP 400 ETF TrustScore 66
Rank 7BMDYGState Street SPDR S&P 400 Mid Cap Growth ETFScore 61
Rank 8BIJJiShares S&P Mid-Cap 400 Value ETFScore 58
Rank 9CRWKInvesco S&P MidCap 400 Revenue ETFScore 45

Our read on each fund

ETF.net Research

IJJBiShares S&P Mid-Cap 400 Value ETF

IVOOAVanguard S&P Mid-Cap 400 ETF

In short

IJJ Mid-cap value the old-fashioned way. Since 2000, IJJ has tracked the S&P MidCap 400 Value index, ranking mid-size US companies on book value, earnings and sales, and it now runs multi-billion-dollar big.

IVOO Four funds chase the S&P MidCap 400; this is the Vanguard one. About 400 mid-sized US companies at 0.07% a year, less than half what the typical fund on this index charges.

Stated mandate

IJJ The fund seeks to track an index of U.S. mid-cap stocks selected using metrics including book value, earnings, and sales.

IVOO The fund seeks to follow the performance of the S&P MidCap 400 Index.

Why people hold it

IJJ Launched in 2000, one of the longest-running mid-cap value ETFs on the tape, and today a multi-billion-dollar fund.
The value screen looks past price-to-book alone: mid-caps are ranked using book value, earnings and sales.ishares.com
Does what the label says: US mid-caps, value-screened, roughly 300 names, no drift up into mega-cap land.
Distributions arrive quarterly, and the fund sits in the upper half of its US value peer group.

IVOO 0.07% a year, under half the going rate among funds tracking this same index. On a plain-vanilla wrapper, fee is most of the argument.vanguard.com
Holds roughly 400 mid-sized US companies, the tier above small caps and below the mega-cap names. No stock picking, no tilts, no sector bets.vanguard.com
Tracks the S&P MidCap 400 closely and does exactly what its prospectus says, one of the tighter implementations in this peer group.vanguard.com
Trading since 2010, with distributions paid quarterly. A multi-billion-dollar fund with a long track record behind the ticker.

Worth knowing

IJJ 0.18% a year is dead-median for value ETFs, but large-cap value rivals like VTV (0.03%) and VOE (0.05%) charge a fraction of it.
Mid-caps ride rougher. This has been among the more volatile funds in its value cohort, which is the price of skipping the mega-cap ballast.
Trading is moderate rather than heavy, so spreads deserve a look on bigger orders.

IVOO Cheaper wrappers on the identical index exist: SPMD at 0.03% and IJH at 0.05%. Small gap, but it is a gap, and the index inside is the same.
Moderately traded rather than the volume king of the S&P 400 group, so spreads deserve a look on large or hurried orders.
All US, all mid-cap. No mega-cap ballast, no international exposure. This is one slice of a portfolio, not the whole plate.

Full IJJ profile⁠

Full IVOO profile⁠

IJJ vs IVOO Holdings

How IJJ and IVOO differ

Overlap by weight

60.9%

Shared holdings make up 99.4% of IJJ and 65.2% of IVOO.

Level by level

Holdings295 in both60.9%
Sector11 Sectors81.5%
Countryby domicile99.1%
Asset classEquity100%

Sector

Sector weights in IJJ and IVOO, widest gap first
Sector	More in IJJMore in IVOO	IJJ	IVOO
Financials	IJJ +7.5 points	21.0%	13.5%
Technology	IVOO +7.3 points	10.8%	18.1%
Health Care	IVOO +6.2 points	4.3%	10.4%
Industrials	IVOO +4.2 points	18.0%	22.2%
Consumer Discretionary	IJJ +3.2 points	13.3%	10.1%
Energy	IJJ +2.4 points	7.7%	5.3%
Real Estate	IJJ +2.1 points	9.9%	7.9%
Consumer Staples	IJJ +1.5 points	4.7%	3.2%
Utilities	IJJ +1.3 points	4.1%	2.8%
Communication	IVOO +0.8 points	0.7%	1.5%
Materials	IJJ +0.5 points	5.4%	4.9%

Country, concentration and asset class

Country by domicile

Country weights in IJJ and IVOO, widest gap first
Country	More in IJJMore in IVOO	IJJ	IVOO
United States	IVOO +0.9 points	99.1%	100.0%
United Kingdom	IJJ +0.5 points	0.5%	0.0%
Other countries (2)	IJJ +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

IJJ11.2%
IVOO7.8%

Securities held

IJJ296
IVOO401

Asset class

IJJ: Equity
IVOO: Equity

Holdings

Only in IJJ1
In both295
Only in IVOO106

Only in IJJ

1 security, 0.5% of IJJ by weight

Corteva0.46%

Only in IVOO

106 securities, 34.7% of IVOO by weight

Twilio Inc1.32%
Okta Inc1.02%
TechnipFMC PLC0.78%
nVent Electric PLC0.76%
ATI Inc0.76%
United Therapeutics Corp0.68%
XPO Inc0.60%
Tenet Healthcare Corp0.60%
Roku Inc0.59%
Curtiss-Wright Corp0.59%
Royal Gold Inc0.59%
MACOM Technology Solutions Holdings Inc0.58%
Woodward Inc0.57%
Carpenter Technology Corp0.57%
Coeur Mining Inc0.53%
ITT Inc0.53%
Dynatrace Inc0.49%
SLCMT11420.47%
RBC Bearings Inc0.46%
Fabrinet0.45%
SiTime Corp0.44%
RB Global Inc0.44%
Sterling Infrastructure Inc0.44%
Jazz Pharmaceuticals PLC0.44%
Toast Inc0.44%
API Group Corp0.44%
Exelixis Inc0.42%
Neurocrine Biosciences Inc0.42%
Somnigroup International Inc0.42%
Medpace Holdings Inc0.41%
Talen Energy Corp0.41%
CACI International Inc0.40%
MasTec Inc0.39%
DigitalOcean Holdings Inc0.38%
TTM Technologies Inc0.38%
BWX Technologies Inc0.37%
Penumbra Inc0.37%
Halozyme Therapeutics Inc0.37%
Five Below Inc0.36%
Encompass Health Corp0.35%
Guidewire Software Inc0.35%
Rambus Inc0.34%
Sanmina Corp0.34%
Hecla Mining Co0.34%
Advanced Energy Industries Inc0.33%
Elanco Animal Health Inc0.33%
Corcept Therapeutics Inc0.32%
Moog Inc0.32%
Coca-Cola Consolidated Inc0.31%
Viavi Solutions Inc0.30%

Weight gaps

The 100 widest of 295 Holdings in both funds.

Holding weights in IJJ and IVOO, widest gap first
Holding	More in IJJMore in IVOO	IJJ	IVOO
Permian Resources Class APR	IJJ +0.76 points	1.28%	0.52%
Reliance Steel & AluminumRS	IJJ +0.73 points	1.31%	0.58%
Us Foods HoldingUSFD	IJJ +0.72 points	1.31%	0.59%
OvintivOVV	IJJ +0.70 points	1.17%	0.47%
SharkninjaSN	IJJ +0.57 points	1.01%	0.44%
Jones Lang LasalleJLL	IJJ +0.56 points	0.97%	0.41%
Hf SinclairDINO	IJJ +0.55 points	1.04%	0.49%
Reinsurance Group of AmericaRGA	IJJ +0.54 points	1.01%	0.47%
Td SynnexSNX	IJJ +0.51 points	1.11%	0.60%
Range ResourcesRRC	IJJ +0.50 points	0.75%	0.25%
Performance Food GroupPFGC	IJJ +0.49 points	0.91%	0.42%
Pinnacle Financial PartnersPNFP	IJJ +0.49 points	0.90%	0.41%
Wesco InternationalWCC	IJJ +0.47 points	0.98%	0.51%
Bjs Wholesale Club HoldingsBJ	IJJ +0.46 points	0.80%	0.34%
Antero ResourcesAR	IJJ +0.46 points	0.76%	0.30%
Toll Brothers IncTOL	IJJ +0.43 points	0.80%	0.37%
AramarkARMK	IJJ +0.42 points	0.83%	0.41%
Crown Holdings IncCCK	IJJ +0.42 points	0.75%	0.33%
UnumUNM	IJJ +0.40 points	0.77%	0.37%
Essential Utilities IncWTRG	IJJ +0.39 points	0.72%	0.33%
Annaly Capital Management ReitNLY	IJJ +0.38 points	0.80%	0.42%
Ryder SystemR	IJJ +0.37 points	0.63%	0.26%
Booz Allen Hamilton Holding ClassBAH	IJJ +0.37 points	0.62%	0.25%
AvantorAVTR	IJJ +0.34 points	0.64%	0.30%
Molina Healthcare IncMOH	IJJ +0.34 points	0.63%	0.29%
ToroTTC	IJJ +0.33 points	0.60%	0.27%
First HorizonFHN	IJJ +0.33 points	0.65%	0.32%
MaplebearCART	IJJ +0.33 points	0.53%	0.20%
Oge EnergyOGE	IJJ +0.32 points	0.60%	0.28%
Wintrust FinancialWTFC	IJJ +0.32 points	0.60%	0.28%
WatscoWSO	IJJ +0.31 points	0.63%	0.32%
Viper Energy Inc Class AVNOM	IJJ +0.31 points	0.54%	0.23%
Southstate Bank CorpSSB	IJJ +0.32 points	0.60%	0.28%
Fidelity National Financial IncFNF	IJJ +0.31 points	0.60%	0.29%
Regal RexnordRRX	IJJ +0.31 points	0.61%	0.30%
Ally Financial IncALLY	IJJ +0.31 points	0.61%	0.30%
American Homes Rent Reit Class AAMH	IJJ +0.31 points	0.59%	0.28%
MksMKSI	IVOO +0.30 points	0.23%	0.53%
Umb FinancialUMBF	IJJ +0.29 points	0.57%	0.28%
Cleveland Cliffs IncCLF	IJJ +0.30 points	0.48%	0.18%
Owens CorningOC	IJJ +0.29 points	0.56%	0.27%
Chord EnergyCHRD	IJJ +0.28 points	0.50%	0.22%
Zions BancorporationZION	IJJ +0.29 points	0.56%	0.27%
AptargroupATR	IJJ +0.28 points	0.51%	0.23%
Gamestop Class AGME	IJJ +0.28 points	0.58%	0.30%
Arrow ElectronicsARW	IJJ +0.28 points	0.62%	0.34%
Corebridge Financial IncCRBG	IJJ +0.28 points	0.54%	0.26%
Alcoa CorpAA	IJJ +0.28 points	0.61%	0.33%
SemtechSMTC	IVOO +0.28 points	0.21%	0.49%
Murphy UsaMUSA	IJJ +0.27 points	0.52%	0.25%
Saia IncSAIA	IJJ +0.28 points	0.54%	0.26%
Knight-Swift Transportation HoldinKNX	IJJ +0.28 points	0.58%	0.30%
Prosperity BancsharesPB	IJJ +0.28 points	0.51%	0.23%
Columbia Banking System IncCOLB	IJJ +0.27 points	0.51%	0.24%
Cnh Industrial N.v.CNH	IJJ +0.27 points	0.60%	0.33%
Voya FinancialVOYA	IJJ +0.27 points	0.52%	0.25%
UgiUGI	IJJ +0.27 points	0.49%	0.22%
Rexford Industrial Realty ReitREXR	IJJ +0.25 points	0.49%	0.24%
BorgwarnerBWA	IJJ +0.26 points	0.62%	0.36%
Old National BancorpONB	IJJ +0.26 points	0.50%	0.24%
Matador ResourcesMTDR	IJJ +0.24 points	0.42%	0.18%
Darling IngredientsDAR	IJJ +0.23 points	0.51%	0.28%
Western AllianceWAL	IJJ +0.23 points	0.46%	0.23%
American Airlines GroupAAL	IJJ +0.23 points	0.49%	0.26%
Pbf Energy Class APBF	IJJ +0.23 points	0.45%	0.22%
Axalta Coating SystemsAXTA	IJJ +0.23 points	0.43%	0.20%
Southwest Gas HoldingsSWX	IJJ +0.23 points	0.40%	0.17%
Vf CorpVFC	IJJ +0.22 points	0.36%	0.14%
Commerce BancsharesCBSH	IJJ +0.21 points	0.43%	0.22%
Science Applications InternationalSAIC	IJJ +0.22 points	0.38%	0.16%
Valley NationalVLY	IJJ +0.21 points	0.39%	0.18%
Commercial MetalsCMC	IJJ +0.21 points	0.41%	0.20%
Black Hills CorpBKH	IJJ +0.21 points	0.37%	0.16%
Jefferies Financial Group IncJEF	IJJ +0.20 points	0.41%	0.21%
Lattice SemiconductorLSCC	IVOO +0.20 points	0.32%	0.52%
NovNOV	IJJ +0.20 points	0.40%	0.20%
Glacier Bancorp IncGBCI	IJJ +0.20 points	0.37%	0.17%
Rli CorpRLI	IJJ +0.20 points	0.35%	0.15%
Murphy OilMUR	IJJ +0.20 points	0.35%	0.15%
TerexTEX	IJJ +0.20 points	0.38%	0.18%
First American Financial CorpFAF	IJJ +0.20 points	0.38%	0.18%
Selective Insurance GroupSIGI	IJJ +0.19 points	0.34%	0.15%
United BanksharesUBSI	IJJ +0.20 points	0.38%	0.18%
Lithia Motors Inc Class ALAD	IJJ +0.20 points	0.39%	0.19%
Mueller Industries IncMLI	IVOO +0.19 points	0.20%	0.39%
Fnb CorpFNB	IJJ +0.19 points	0.37%	0.18%
TimkenTKR	IJJ +0.19 points	0.41%	0.22%
MacysM	IJJ +0.19 points	0.37%	0.18%
Healthcare Realty Trust Inc ClassHR	IJJ +0.19 points	0.37%	0.18%
Cnx ResourcesCNX	IJJ +0.18 points	0.32%	0.14%
Gxo LogisticsGXO	IJJ +0.19 points	0.34%	0.15%
AvnetAVT	IJJ +0.18 points	0.42%	0.24%
AgcoAGCO	IJJ +0.18 points	0.38%	0.20%
Ingredion IncINGR	IJJ +0.18 points	0.36%	0.18%
Fluor CorpFLR	IJJ +0.18 points	0.37%	0.19%
TrexTREX	IJJ +0.18 points	0.31%	0.13%
Bath and Body WorksBBWI	IJJ +0.18 points	0.27%	0.09%
Siriusxm HoldingsSIRI	IJJ +0.17 points	0.31%	0.14%
Home Bancshares IncHOMB	IJJ +0.17 points	0.33%	0.16%
LearLEA	IJJ +0.17 points	0.34%	0.17%

All 301 IJJ holdings⁠All 401 IVOO 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.

IJJ vs IVOO Cost

Overpaying IJJ vs IVOO

$2,269

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

IJJ 0.18%
$3,749
IVOO 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

IJJ 0.18%
IVOO 0.07%
Overpaying

Year by year

Year	IJJ	IVOO	Overpaying
10	$328	$128	$200
20	$1,281	$503	$778
30	$3,749	$1,480	$2,269

Expense ratio

0.18%IJJ
0.07%IVOO, cheaper

IVOO0.07%IJJ0.18%

0.03%0.49%

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

IVOO 3rd cheapest of 11 funds

IJJ 8th cheapest of 11 funds

IJJ vs IVOO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IJJ 1.62%, better; IVOO 1.21%
Payout (12M): IJJ $2.35; IVOO $1.50
Last payment: IJJ $0.58; IVOO $0.37
Ex-dividend: IJJ Sep 15, 2026; IVOO Sep 23, 2026
Paid on: IJJ Sep 18, 2026; IVOO Sep 25, 2026
Frequency: IJJ Quarterly; IVOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IJJQuarterly · 39 paymentsAll IJJ payments⁠

IVOOQuarterly · 39 paymentsAll IVOO payments⁠

IJJ vs IVOO Risk

Fall from peak · 5 years

IJJ
IVOO

Risk facts

VolatilityStd dev, 3 years: IJJ 15.9%IVOO 15.2%, better
Return per unit of riskSharpe ratio, 3 years: IJJ 0.81IVOO 0.84, better
Worst fallMax drawdown, 5 years: IJJ −22.7%, betterIVOO −24.2%
Market sensitivityBeta, 5 years: IJJ 0.98IVOO 1.03; Market = 1

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