iShares Core S&P Small-Cap ETF

IJR

時価総額 $1021億

September saw the influx of dollars into U.S. ETFs continue, despite the fact that the year had already surpassed the record level seen in all of 2025, with another three months yet to go for 2026. With $1.5 trillion in inflows bringing the total AUM for U.S.-listed ETFs to $16.

Launched on May 22, 2000, the iShares Core S&P Small-Cap ETF (IJR) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Blend segment of the US equity market.

State Street SPDR Portfolio S&P 600 Small Cap ETF provides a more affordable entry point with a 0.03% expense ratio. iShares Core S&P Small-Cap ETF is significantly larger and more established, managing $110.3 billion in assets since its launch in 2000.

Institutional money continues to flow through iShares Russell 2000 ETF (NYSEARCA:IWM) as the preferred small-cap vehicle because it offers the deepest liquidity, tightest spreads, and the largest listed options and futures ecosystem in the category, even though it is neither the cheapest nor the best performer.

IJR (S&P SmallCap 600 ETF) remains a buy, supported by compelling valuation and broadening earnings growth. IJR trades at 15.6x P/E with an 11% long-term EPS growth rate, yielding a PEG just above 1.4x. Despite historically weak August–October seasonality, technicals are strong with $133 support and $169 upside potential.

The momentum risk factor has been leading the field in recent history, but there are signs that a rotation may be underway, based on a set of ETFs through yesterday's close (July 20). After a long run of relatively weak small-cap results, the recent strength for these shares raises the possibility that a leadership rotation may be developing.

With the Iran war escalating, the conflict is again getting harder to ignore, which strengthens the case for maintaining a globally diversified portfolio. Energy prices are rising again, and the specter of elevated inflation and potential Federal Reserve rate hikes is once more a risk factor on the march.

It's been easy to get entranced with the largest S&P 500 stocks. But there's a shift worth noticing to smaller stocks.

The iShares Core S&P Small-Cap ETF (IJR) was launched on May 22, 2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Small Cap Blend segment of the US equity market.

Small caps have been having a banner year, with the Russell 2000 outperforming the S&P 500 year-to-date. Some small-cap focused ETFs have also surpassed that benchmark.