ETF Versus

IJH vs MDY

iShares Core S&P Mid-Cap ETF vs State Street SPDR S&P MIDCAP 400 ETF Trust

Last updated: 2026-04-02

IJH iShares

iShares Core S&P Mid-Cap ETF (IJH) is an exchange-traded fund issued by iShares that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.05%. The fund offers a moderate dividend yield of 1.31%. Launched in 2000, the fund has a 26-year track record.

AUM: $104.0B ER: 0.05% Yield: 1.31% Since: May 22, 2000
MDY

State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) is an exchange-traded fund that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a moderate expense ratio of 0.24%. The fund offers a moderate dividend yield of 1.15%. Launched in 1995, the fund has a 31-year track record.

AUM: $23.7B ER: 0.24% Yield: 1.15% Since: May 4, 1995

Quick Verdict

IJH is significantly cheaper at 0.05% vs 0.24% expense ratio, saving you approximately $375 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (16.1% vs 15.9%), tracking closely.

Key Metrics

Metric IJH MDY
Expense Ratio 0.05% 0.24%
Dividend Yield 1.3% 1.1%
Fund Family iShares N/A
Category US Mid Cap US Mid Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

80 92 104 116 128 140 2021-04 2022-06 2023-09 2024-12 2026-04
IJH +28.1%
MDY +28.0%

Performance Comparison

Period IJH MDY Difference
1 Month -5.55% -5.55% +0.00%
3 Months +1.78% +1.71% +0.07%
6 Months +3.54% +3.51% +0.03%
YTD +1.78% +1.71% +0.07%
1 Year +16.09% +15.93% +0.16%
3 Years +36.14% +35.75% +0.39%
5 Years +28.09% +28.02% +0.07%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IJH Fees MDY Fees You Save
$10.000 10 years $100 $475 $375
$10.000 20 years $430 $2.028 $1.599
$10.000 30 years $1.388 $6.497 $5.108
$50.000 10 years $499 $2.375 $1.876
$50.000 30 years $6.941 $32.483 $25.542
$100.000 30 years $13.882 $64.967 $51.084

Risk Metrics

Based on 5 years of daily returns

Metric IJH MDY
Annualized Volatility 19.8% 19.8%
Max Drawdown -24.6% -24.5%
Sharpe Ratio 0.12 0.12

Dividend Comparison

Metric IJH MDY
Annual Dividend (per share) $0.89 $7.12
Dividend Yield 1.31% 1.15%
Distribution Frequency Quarterly Quarterly

Top Holdings

8 of top 10 holdings overlap (80% overlap in top holdings)

IJH Top Holdings

NameWeight
TechnipFMC plcFTI0.92%
Casey's General Stores, Inc.CASY0.84%
Curtiss-Wright CorporationCW0.78%
Flex Ltd.FLEX0.76%
United Therapeutics CorporationUTHR0.72%
XPO, Inc.XPO0.70%
Woodward, Inc.WWD0.67%
US Foods Holding Corp.USFD0.64%
FabrinetFN0.63%
Burlington Stores, Inc.BURL0.62%

MDY Top Holdings

NameWeight
TechnipFMC plcFTI0.87%
U.S. DollarCASH_USD0.86%
Casey's General Stores, Inc.CASY0.84%
United Therapeutics CorporationUTHR0.79%
Curtiss-Wright CorporationCW0.78%
Flex Ltd.FLEX0.75%
XPO, Inc.XPO0.71%
Woodward, Inc.WWD0.66%
Royal Gold, Inc.RGLD0.64%
US Foods Holding Corp.USFD0.63%

Which One Should You Choose?

Choose IJH if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Either works if...

you just need broad us mid cap exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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