Snapshot*
Top 10 Holdings
What is IJS?
The iShares S&P SmallCap 600 Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. small-cap value stocks as represented by the S&P SmallCap 600/Citigroup Value Index.
ETFs related toIJS
ETFs correlated to IJS include SLYV, VIOV, IJR
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toIJS
Opus-12
Create your own algorithmic trading strategy with IJS using Composer
News Related to IJS
BlackRock Canada Declares May 2025 Cash Distributions for TSX- and Cboe-Listed Monthly iShares ETFs, Including XIU And ETF XRB
May 14, 2025 • by Benzinga NewsdeskCan The US-China Tariff De-Escalation Send Bitcoin, Ethereum To New Highs?
May 12, 2025 • by Murtuza J Merchant
Tempus AI Strikes $200M Deal With AstraZeneca, Pathos To Build World's Largest Oncology Model
May 7, 2025 • by Vishaal Sanjay
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.