iShares Core S&P Mid-Cap ETF

The iShares Core S&P Mid-Cap ETF (IJH) is a BlackRock index fund that tracks the S&P MidCap 400, about 400 mid-size US companies such as Twilio and Carpenter Technology. Its yearly fee of 0.05% is well below the 0.14% average for similar funds, though SPDR's SPMD charges 0.03%. With $124.3 billion in net assets as of June 30, 2026, it is the largest fund in its peer group.

• Over the year to Nov 2, 2026, IJH returned +15.3%, 1st of 9 among similar funds.
• Its 5-year annualized return was +6.9% and its 10-year +11.2%.
• In the 2020 COVID crash it fell 42.2% and regained its old high 7.6 months after the low.
• Its worst full calendar year was 2008 (-37.0%); its best was 2009 (+36.2%).
• The deepest fall in its price history was 55.9% (Jun 4, 2007 to Mar 9, 2009), recovered by Dec 22, 2010.

As of Jun 30, 2026, the fund held 400 securities; the ten largest made up 7.72% of assets. It also reported 3.98% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.

• Over the three months to Jun 30, 2026, investors added a net $3.07B (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +7.86%, +2.45%, +3.58%.

IJH tracks the S&P MidCap 400, an index from S&P Dow Jones Indices that covers the middle tier of the US stock market, about 5% of its total value as of March 31, 2026. As of that date, members had market values of $1.6 billion to $27 billion when added. S&P also screens for how easily shares trade. Stocks are weighted by float-adjusted market value (price times shares available to the public), yet no name dominates: as of June 30, 2026, the top 10, led by Twilio, Carpenter Technology and MKS, made up 7.72% of the fund.

S&P decides which companies join or leave, and the fund follows. BlackRock uses representative sampling: it may hold stocks chosen to match the index's size, industry and yield traits rather than every member, though at least 80% of net assets must be in index stocks. It held 400 stocks as of June 30, 2026. As of March 31, 2026, consumer goods and services and industrial companies made up a significant share of the index.

The fund may use derivatives, contracts whose value tracks other assets, such as S&P MidCap 400 futures. It may also lend out securities worth up to one-third of its total assets. It does not try to beat the index or turn defensive when markets fall.

• IJH charges 0.05% a year, versus an average of 0.14% for the similar funds below (2nd of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $5 in the first year and $64 over 10 years (assuming a 5% annual return).

A low-cost index fund spread across about 400 mid-size US companies that can serve as the mid-size building block of a core stock allocation, not a complete portfolio on its own.

IJH adds about 400 mid-size US companies, but it holds only stocks and has fallen hard. In the 2008 crisis it lost about 56% from its 2007 peak, its deepest drop, and regained that high only in December 2010, 21 months after the March 2009 low. The full year 2008 cost 37%, its worst calendar year since 2005. It fell 42.2% in the 2020 COVID crash, recovering by November, and 22.7% in 2022, needing about 18 months from the low to recover. Cashing out shares in a slump like these locks in losses.

Dividend income is small: the yield was 1.24% over the 12 months to October 27, 2026, paid quarterly. Costs are low at 0.05% a year, or $64 over 10 years in the SEC's standard $10,000 example. Past results don't predict future ones, and a plan needs to weigh the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.