ETF Versus

IJH vs MDY

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

Last updated: 2026-04-10

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 1.26%. Launched in 2000, the fund has a 26-year track record.

AUM: $111.0B ER: 0.05% Yield: 1.26% Since: May 22, 2000
MDY SPDR

State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) is an exchange-traded fund issued by SPDR 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 1.11%. Launched in 1995, the fund has a 31-year track record.

AUM: $25.2B ER: 0.24% Yield: 1.11% 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 (31.3% vs 31.1%), tracking closely.

Key Metrics

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

Performance Chart

Indexed to 100 at start (5-year comparison)

80 91 102 113 124 135 2021-04 2022-07 2023-10 2025-01 2026-04
IJH +31.9%
MDY +31.8%

Performance Comparison

Period IJH MDY Difference
1 Month +3.07% +3.01% +0.06%
3 Months +1.81% +1.74% +0.07%
6 Months +9.27% +9.24% +0.03%
YTD +5.32% +5.23% +0.09%
1 Year +31.28% +31.12% +0.16%
3 Years +41.49% +40.99% +0.50%
5 Years +31.89% +31.81% +0.08%

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 0.15 0.15

Dividend Comparison

Metric IJH MDY
Annual Dividend (per share) $0.89 $7.12
Dividend Yield 1.26% 1.11%
Distribution Frequency Quarterly Quarterly

Top Holdings

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

IJH Top Holdings

NameWeight
TechnipFMC plcFTI0.88%
Flex Ltd.FLEX0.81%
Curtiss-Wright CorporationCW0.81%
United Therapeutics CorporationUTHR0.75%
XPO, Inc.XPO0.75%
Woodward, Inc.WWD0.71%
FabrinetFN0.66%
Royal Gold, Inc.RGLD0.65%
MasTec, Inc.MTZ0.64%
Carpenter Technology CorporationCRS0.64%

MDY Top Holdings

NameWeight
TechnipFMC plcFTI0.86%
U.S. DollarCASH_USD0.85%
Casey's General Stores, Inc.CASY0.84%
Flex Ltd.FLEX0.80%
Curtiss-Wright CorporationCW0.80%
United Therapeutics CorporationUTHR0.75%
XPO, Inc.XPO0.74%
Woodward, Inc.WWD0.70%
FabrinetFN0.65%
Royal Gold, Inc.RGLD0.65%

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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