A Top-Rated Choice for Diversified, Low-Cost Exposure to U.S. Mid-Caps
An ultralow fee gives this fund a sustainable edge relative to category peers.
IShares Core S&P Mid-Cap (IJH) offers diversified exposure to U.S. mid-cap stocks. A low fee and a soundly constructed, reasonably representative benchmark leave this exchange-traded fund well-positioned to continue its long streak of producing superior risk-adjusted returns relative to its peers over the long haul and underpin its Morningstar Analyst Rating of Gold.
During the 10-year period ended Sept. 30, 2016, IJH returned 8.99% per year, outstripping the U.S. mid-blend Morningstar Category average by 2.2 percentage points per year. Much of this relative outperformance can be attributed to the fund's sizable fee advantage. At 0.07%, IJH's annual levy is a tiny fraction of the 0.97% median fee charged by its category peers.
Ben Johnson has a position in the following securities mentioned above: IJH. Find out about Morningstar’s editorial policies.