iShares S&P Mid-Cap 400 Value ETF

IJJ

Market cap $8.47B

VBR carries a much lower expense ratio than IJJ and holds a broader basket of small-cap value stocks. IJJ tilts more heavily toward financials and mid-cap companies, with slightly less volatility over five years.

IJJ holds fewer stocks and focuses on mid-caps, while ISCV targets a much broader small-cap universe. ISCV charges a lower fee and offers a slightly higher yield than IJJ.

SLYV and IJJ both focus on value stocks, but SLYV tilts small-cap while IJJ targets the mid-cap segment. IJJ carries a slightly higher expense ratio and lower dividend yield than SLYV, but has delivered stronger five-year growth with less drawdown.

IWN has outperformed IJJ over the last 12 months, but IJJ has had better long-term growth. IJJ has a slightly lower expense ratio and offers a marginally higher dividend yield than IWN.

iShares S&P Mid-Cap 400 Value ETF (IJJ) offers fair fees and diversified mid-cap value exposure, but isn't the cheapest option available. IJJ's portfolio is heavily weighted toward cyclical sectors and financials, making it less defensive and more sensitive to economic cycles and interest rates. Alternatives like IVOV and VOE provide similar or broader mid-cap value exposure at lower expense ratios, while RFV offers a more aggressive, regime-sensitive approach.

Designed to provide broad exposure to the Mid Cap Value segment of the US equity market, the iShares S&P Mid-Cap 400 Value ETF (IJJ) is a passively managed exchange traded fund launched on July 24, 2000.

For the first time since 2022, “value” has started to outperform “growth,” and it's started in the small-cap asset class. “Growth” has smoked “value” for the last 12 quarters in terms of total return, and growth beat value across all three asset classes (large, mid and small-cap) for those 12 quarters until this last quarter of 2025.

VBR charges a much lower expense ratio and holds a broader basket of small-cap value stocks. IJJ is much smaller in scale and has a tilt toward mid-cap financials.

ISCV charges a much lower fee and holds nearly four times as many stocks as IJJ. ISCV has delivered a higher 1-year total return but with a steeper maximum drawdown, while IJJ has delivered a higher 5-year total return.

IWN holds over 1,400 small-cap value stocks and has a higher one-year return than IJJ. IJJ offers a lower expense ratio and higher dividend growth, while focusing on mid-cap value stocks.