iShares S&P Small-Cap 600 Value ETF

IJS

Market cap $7.57B

CALF: Strategy Change Impact Still Positive For These Small/Mid-Cap Cash Cows

IJS offers diversified exposure to undervalued U.S. small-cap stocks, managing approximately $7 billion with a 0.18% expense ratio. The first time I wrote about it, I talked about small-cap value potential amid anticipated rate cuts, but macro conditions have shifted. Interest rates are now closer to the Fed's floor, and slower economic growth may favor large-cap equities over small-cap value.

There's a lot of buzz about the opportunity in US small cap stocks this year. There's a confluence of factors that seem aligned just right for the segment, chief amongst them earnings growth expectations.

Looking for broad exposure to the Small Cap Value segment of the US equity market? You should consider the iShares S&P Small-Cap 600 Value ETF (IJS), a passively managed exchange traded fund launched on July 24, 2000.

IJS provides broad exposure to value stocks inside the S&P SmallCap 600 Index. Its expense ratio is 0.18% and the ETF has $7.4B in assets under management. I've rated IJS a "sell" primarily due to its relatively poor quality, particularly on its capital efficiency ratios like ROTC. This article suggests AVUV as the superior choice. AVUV's active approach allows its managers to improve the overall factor mix while maintaining adequate value factor exposure. On a TTM basis, AVUV is even slightly more attractive than IJS.

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.

Launched on July 24, 2000, the iShares S&P Small-Cap 600 Value ETF (IJS) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Value segment of the US equity market.

The Invesco S&P 500 High Beta ETF (SPHB) is up a sizzling 27.3% year to date. SPHB targets the stocks in the S&P 500 with the highest sensitivity to market movements, or beta, over the past 12 months.

Looking for broad exposure to the Small Cap Value segment of the US equity market? You should consider the iShares S&P Small-Cap 600 Value ETF (IJS), a passively managed exchange traded fund launched on July 24, 2000.

The market ended the month of July on a down note, but the S&P 500 still ended the month with a gain of 2.3%. While domestic equities posted small gains in July, there was quite a bit of disparity among international markets.