IJS: iShares S&P Small-Cap 600 Value ETF
iShares S&P Small-Cap 600 Value ETF (IJS) is an exchange-traded fund (ETF) run by iShares (BlackRock). This fund owns small US companies that look cheap compared with their earnings, sales and book value. It charges 0.18% a year. From July 2000 to October 2026 it returned about 9.7% a year, and its worst drop was −60.1%.
Written by the Tactfolio research team. Fund facts checked October 16, 2026. Prices through October 16, 2026.
- Yearly fee
- 0.18%
- about $18 on $10,000
- Return per year
- 9.7%
- since July 2000
- Worst drop
- −60.1%
- since 2000
- Started trading
- Jul 2000
- iShares (BlackRock)
Key points
- Expense ratio: 0.18% a year (about $18 on $10,000).
- Started trading on July 24, 2000.
- Worst drop since 2000: −60.1%.
- 1 Tactfolio classic strategy holds it.
What does IJS hold?#
This fund owns small US companies that look cheap compared with their earnings, sales and book value. These are called value stocks. Small company prices can rise and fall a lot.
It tracks the S&P SmallCap 600 Value Index. It had 480 holdings as of October 15, 2026, according to iShares (BlackRock).
| Fact | IJS |
|---|---|
| Full name | iShares S&P Small-Cap 600 Value ETF |
| Issuer | iShares (BlackRock) |
| Expense ratio | 0.18% a year |
| Started trading | July 24, 2000 |
| Tracks | S&P SmallCap 600 Value Index |
| Type | US stocks, ETF |
| Holdings | 480 holdings as of October 15, 2026 |
| Facts checked | October 16, 2026 on the iShares (BlackRock) fund page |
What is the IJS expense ratio?#
IJS charges 0.18% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.18% fee comes to about $18 a year.
You never get a bill for it. The fund takes the fee out of its own value a little each day.
How has IJS done since 2000?#
From July 2000 to October 2026, IJS returned about 9.7% a year. Say you put in $10,000 at the start. It would have been worth about $112,120 at the end, with every dividend reinvested.
| Measure | IJS |
|---|---|
| Total return | 1,021% |
| Return per year (CAGR) | 9.7% |
| Worst drop from a high | −60.1% |
| Volatility (how much it swings) | 23.7% |
| Last 12 months | 19.2% |
| Last 3 years, per year | 15.7% |
| Last 5 years, per year | 6.1% |
| Last 10 years, per year | 9.5% |
Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
IJS returns by year#
| Year | IJS return |
|---|---|
| 2026 (part of the year) | 14.5% |
| 2025 | 6.5% |
| 2024 | 7.3% |
| 2023 | 14.7% |
| 2022 | −11.3% |
| 2021 | 30.5% |
| 2020 | 2.6% |
| 2019 | 24.1% |
| 2018 | −12.8% |
| 2017 | 11.3% |
| 2016 | 31.2% |
| 2015 | −6.9% |
| 2014 | 7.6% |
| 2013 | 39.4% |
| 2012 | 18.3% |
| 2011 | −1.6% |
| 2010 | 24.7% |
| 2009 | 22.4% |
| 2008 | −29.4% |
| 2007 | −5.6% |
| 2006 | 19.4% |
| 2005 | 6.0% |
| 2004 | 22.6% |
| 2003 | 39.8% |
| 2002 | −14.0% |
| 2001 | 11.7% |
| 2000 (part of the year) | 15.8% |
What was IJS’s worst drop?#
A drawdown is how far a fund falls from its last high point. IJS’s worst fall was −60.1%, from June 4, 2007 to March 9, 2009. It got back to that high on February 1, 2012.
The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.
Which Tactfolio strategies hold IJS?#
One classic strategy holds IJS at least some of the time. Each is a set of written rules you can open, test and copy.
- Papa Bear Portfolio (Muscular Portfolios), by Brian Livingston, 2018
How does IJS compare with similar ETFs?#
Funds that can stand in for IJS:
- VBR: Vanguard Morningstar Small-Cap Value ETF, 0.05% a year
- IWN: iShares Russell 2000 Value ETF, 0.24% a year
- AVUV: Avantis U.S. Small Cap Value ETF, 0.25% a year
- SCHA: Schwab U.S. Small-Cap ETF, 0.03% a year
See all 8 IJS alternatives, compared on the same dates as IJS.
Test IJS in your own rules#
Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add IJS, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.
The details#
Prices come from Tactfolio’s stored daily prices for IJS. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.
Fund facts come from iShares (BlackRock). We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.
Common questions#
What is the expense ratio of IJS?#
IJS charges 0.18% a year, according to iShares (BlackRock) as of October 16, 2026. That is about $18 a year for every $10,000 you hold.
When did IJS start trading?#
IJS started trading on July 24, 2000. It is run by iShares (BlackRock).
What does IJS track?#
IJS tracks the S&P SmallCap 600 Value Index. This fund owns small US companies that look cheap compared with their earnings, sales and book value.
How much has IJS returned per year?#
From July 2000 to October 2026, IJS returned about 9.7% a year with dividends reinvested. Its worst drop was −60.1%. Past returns do not tell you what it will do next.
Which strategies use IJS?#
One of Tactfolio’s classic strategies hold IJS, including Papa Bear Portfolio (Muscular Portfolios).