What is the expense ratio of IJH vs SPY?

IJH has an expense ratio of 0.05%, while SPY has an expense ratio of 0.09%.

IJH vs SPY

iShares Core S&P Mid-Cap ETF vs State Street SPDR S&P 500 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

SPY State Street

State Street SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund issued by State Street that provides exposure to large-cap U.S. equities across growth and value styles. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.13%. Launched in 1993, the fund has a 33-year track record.

AUM: $636.7B ER: 0.09% Yield: 1.13% Since: Jan 22, 1993

Quick Verdict

IJH has a slightly lower expense ratio (0.05% vs 0.09%), saving about $79 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (16.1% vs 16.8%), tracking closely.

Key Metrics

Metric	IJH	SPY
Expense Ratio	0.05%	0.09%
Dividend Yield	1.3%	1.1%
Fund Family	iShares	State Street
Category	US Mid Cap	US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

IJH +28.1%

SPY +61.2%

Performance Comparison

Period	IJH	SPY	Difference
1 Month	-5.55%	-4.54%	-1.01%
3 Months	+1.78%	-4.09%	+5.87%
6 Months	+3.54%	-2.09%	+5.63%
YTD	+1.78%	-4.09%	+5.87%
1 Year	+16.09%	+16.80%	-0.71%
3 Years	+36.14%	+59.45%	-23.31%
5 Years	+28.09%	+61.25%	-33.16%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IJH Fees	SPY Fees	You Save
$10.000	10 years	$100	$179	$79
$10.000	20 years	$430	$771	$341
$10.000	30 years	$1.388	$2.486	$1.097
$50.000	10 years	$499	$896	$397
$50.000	30 years	$6.941	$12.428	$5.486
$100.000	30 years	$13.882	$24.855	$10.973

Risk Metrics

Based on 5 years of daily returns

Metric	IJH	SPY
Annualized Volatility	19.8%	17.1%
Max Drawdown	-24.6%	-25.4%
Sharpe Ratio	0.12	0.38

Dividend Comparison

Metric	IJH	SPY
Annual Dividend (per share)	$0.89	$7.38
Dividend Yield	1.31%	1.13%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

IJH Top Holdings

Name	Weight
TechnipFMC plcFTI	0.92%
Casey's General Stores, Inc.CASY	0.84%
Curtiss-Wright CorporationCW	0.78%
Flex Ltd.FLEX	0.76%
United Therapeutics CorporationUTHR	0.72%
XPO, Inc.XPO	0.70%
Woodward, Inc.WWD	0.67%
US Foods Holding Corp.USFD	0.64%
FabrinetFN	0.63%
Burlington Stores, Inc.BURL	0.62%

SPY Top Holdings

Name	Weight
NVIDIA CorporationNVDA	7.58%
Apple Inc.AAPL	6.66%
Microsoft CorporationMSFT	4.91%
Amazon.com, Inc.AMZN	3.64%
Broadcom Inc.AVGO	2.62%
Alphabet Inc.GOOG	2.40%
Meta Platforms, Inc.META	2.24%
Tesla, Inc.TSLA	1.87%
Berkshire Hathaway Inc.BRK.B	1.57%

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.

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