iShares Core S&P Small-Cap (IJR): Historical Returns

Data Source: from January 1927 to March 2024 (~97 years)
Consolidated Returns as of 31 March 2024
Live Update: Apr 19 2024, 12:00PM Eastern Time
Category: Stocks
iShares Core S&P Small-Cap (IJR) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.77%
1 Day
Apr 19 2024, 12:00PM Eastern Time
6.69%
Current Month
April 2024

In the last 30 Years, the iShares Core S&P Small-Cap (IJR) ETF obtained a 10.13% compound annual return, with a 19.30% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Small Cap
  • Style: Blend
  • Region: North America
  • Country: U.S.

The iShares Core S&P Small-Cap (IJR) ETF is part of the following Lazy Portfolios:

Portfolio Name Author IJR Weight▾ Currency
No Brainer Portfolio Bill Bernstein 25.00% USD
Gone Fishin' Portfolio Alexander Green 15.00% USD
Eliminate Fat Tails Larry Swedroe 15.00% USD
Paul Boyer Portfolio Paul Boyer 12.50% USD
Coffeehouse Bill Schultheis 10.00% USD
Ultimate Buy and Hold Strategy Paul Merriman 10.00% USD
Family Taxable Portfolio Ted Aronson 10.00% USD
Big Rocks Portfolio Larry Swedroe 9.00% USD
7Twelve Portfolio Craig Israelsen 8.33% USD
Sandwich Portfolio Bob Clyatt 8.00% USD
Simple Money Portfolio Tim Maurer 7.50% USD
Ultimate Buy&Hold FundAdvice 6.00% USD
Coward's Portfolio Bill Bernstein 5.00% USD
Sheltered Sam 100/0 Bill Bernstein 5.00% USD
Sheltered Sam 90/10 Bill Bernstein 4.50% USD
Lifepath Fund iShares 4.15% USD
Sheltered Sam 80/20 Bill Bernstein 4.00% USD
Sheltered Sam 70/30 Bill Bernstein 3.50% USD
Sheltered Sam 60/40 Bill Bernstein 3.00% USD
Gretchen Tai Portfolio Gretchen Tai 3.00% USD
Sheltered Sam 50/50 Bill Bernstein 2.50% USD
Sheltered Sam 40/60 Bill Bernstein 2.00% USD
Sheltered Sam 30/70 Bill Bernstein 1.50% USD
Sheltered Sam 20/80 Bill Bernstein 1.00% USD
Sheltered Sam 10/90 Bill Bernstein 0.50% USD

Investment Returns as of Mar 31, 2024

The iShares Core S&P Small-Cap (IJR) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES CORE S&P SMALL-CAP (IJR) ETF
Consolidated returns as of 31 March 2024
Live Update: Apr 19 2024, 12:00PM Eastern Time
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Mar 31, 2024
  1 Day Time ET(*) Apr 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~97Y)
iShares Core S&P Small-Cap (IJR) ETF 0.77 -6.69 3.26 17.83 15.91 9.07 8.75 10.13 11.46
US Inflation Adjusted return 2.87 15.96 12.02 4.68 5.75 7.41 8.22
Returns over 1 year are annualized | Available data source: since Jan 1927
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Mar 2024. Current inflation (annualized) is 1Y: 3.48% , 5Y: 4.19% , 10Y: 2.84% , 30Y: 2.54%
Live update: World Markets and Indexes

In 2023, the iShares Core S&P Small-Cap (IJR) ETF granted a 1.51% dividend yield. If you are interested in getting periodic income, please refer to the iShares Core S&P Small-Cap (IJR) ETF: Dividend Yield page.

Capital Growth as of Mar 31, 2024

An investment of 1$, since April 1994, now would be worth 18.10$, with a total return of 1709.81% (10.13% annualized).

The Inflation Adjusted Capital now would be 8.53$, with a net total return of 752.65% (7.41% annualized).
An investment of 1$, since January 1927, now would be worth 38112.67$, with a total return of 3811166.93% (11.46% annualized).

The Inflation Adjusted Capital now would be 2161.49$, with a net total return of 216049.16% (8.22% annualized).
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Investment Metrics as of Mar 31, 2024

Metrics of iShares Core S&P Small-Cap (IJR) ETF, updated as of 31 March 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES CORE S&P SMALL-CAP (IJR) ETF
Advanced Metrics
Data Source: 1 January 1927 - 31 March 2024 (~97 years)
Swipe left to see all data
Metrics as of Mar 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~97Y)
Investment Return (%) 3.26 2.40 17.83 15.91 2.13 9.07 8.75 9.37 10.13 11.46
Infl. Adjusted Return (%) details 2.87 1.26 15.96 12.02 -3.32 4.68 5.75 6.61 7.41 8.22
US Inflation (%) 0.38 1.13 1.61 3.48 5.63 4.19 2.84 2.59 2.54 2.99
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) -15.05 -23.11 -32.77 -36.12 -51.79 -51.79 -87.45
Start to Recovery (# months) details 5 27* 11 28 45 45 90
Start (yyyy mm) 2023 08 2022 01 2020 01 2018 09 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 9 3 19 21 21 33
Bottom (yyyy mm) 2023 10 2022 09 2020 03 2020 03 2009 02 2009 02 1932 05
Bottom to End (# months) 2 18 8 9 24 24 57
End (yyyy mm) 2023 12 - 2020 11 2020 12 2011 02 2011 02 1937 02
Longest Drawdown Depth (%)
same as
deepest
same as
deepest		 -23.11
same as
deepest
same as
deepest
same as
deepest		 -54.15
Start to Recovery (# months) details 27* 97
Start (yyyy mm) 2023 08 2022 01 2022 01 2018 09 2007 06 2007 06 1968 12
Start to Bottom (# months) 3 9 9 19 21 21 70
Bottom (yyyy mm) 2023 10 2022 09 2022 09 2020 03 2009 02 2009 02 1974 09
Bottom to End (# months) 2 18 18 9 24 24 27
End (yyyy mm) 2023 12 - - 2020 12 2011 02 2011 02 1976 12
Longest negative period (# months) details 7 34 34 44 68 110 173
Period Start (yyyy mm) 2023 04 2021 04 2021 04 2016 08 2006 02 2000 01 1927 12
Period End (yyyy mm) 2023 10 2024 01 2024 01 2020 03 2011 09 2009 02 1942 04
Annualized Return (%) -12.18 -0.02 -0.02 -0.82 -0.10 -0.13 -0.03
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -15.86 -28.48 -32.64 -37.72 -53.14 -53.14 -84.15
Start to Recovery (# months) details 5 34* 11 28 47 47 83
Start (yyyy mm) 2023 08 2021 06 2020 01 2018 09 2007 06 2007 06 1929 09
Start to Bottom (# months) 3 29 3 19 21 21 33
Bottom (yyyy mm) 2023 10 2023 10 2020 03 2020 03 2009 02 2009 02 1932 05
Bottom to End (# months) 2 5 8 9 26 26 50
End (yyyy mm) 2023 12 - 2020 11 2020 12 2011 04 2011 04 1936 07
Longest Drawdown Depth (%)
same as
deepest
same as
deepest		 -28.48 -28.48
same as
deepest
same as
deepest		 -68.20
Start to Recovery (# months) details 34* 34* 140
Start (yyyy mm) 2023 08 2021 06 2021 06 2021 06 2007 06 2007 06 1968 12
Start to Bottom (# months) 3 29 29 29 21 21 73
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02 1974 12
Bottom to End (# months) 2 5 5 5 26 26 67
End (yyyy mm) 2023 12 - - - 2011 04 2011 04 1980 07
Longest negative period (# months) details 8 36* 54 69 82 140 170
Period Start (yyyy mm) 2023 04 2021 04 2019 05 2014 07 2004 12 1997 07 1928 05
Period End (yyyy mm) 2023 11 2024 03 2023 10 2020 03 2011 09 2009 02 1942 06
Annualized Return (%) -2.51 -3.32 -0.30 -0.03 -0.04 -0.02 -0.01
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 20.93 20.46 23.63 20.06 19.47 19.30 20.91
Sharpe Ratio 0.51 -0.02 0.30 0.38 0.41 0.41 0.36
Sortino Ratio 0.77 -0.03 0.41 0.51 0.55 0.54 0.49
Ulcer Index 5.88 10.82 11.29 10.11 12.86 12.35 20.99
Ratio: Return / Standard Deviation 0.76 0.10 0.38 0.44 0.48 0.53 0.55
Ratio: Return / Deepest Drawdown 1.06 0.09 0.28 0.24 0.18 0.20 0.13
% Positive Months details 50% 52% 61% 62% 62% 62% 62%
Positive Months 6 19 37 75 150 225 725
Negative Months 6 17 23 45 90 135 442
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 8.75 18.19 18.19 26.24
Worst 10 Years Return (%) - Annualized 6.41 2.72 -4.27
Best 10 Years Return (%) - Annualized 5.75 16.14 16.14 18.50
Worst 10 Years Return (%) - Annualized 4.19 0.13 -3.44
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
 1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 95.95 30.97 27.80 18.19 11.66 10.13
Worst Rolling Return (%) - Annualized -42.26 -17.22 -5.17 2.72 6.49
% Positive Periods 74% 89% 95% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 71.43 24.40 15.75 9.89 6.56 8.64
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.18 4.03 7.63
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 90.95 27.91 25.21 16.14 9.28 7.41
Worst Rolling Return (%) - Annualized -42.26 -18.98 -7.61 0.13 4.32
% Positive Periods 69% 82% 87% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 71.43 24.40 15.75 9.89 6.56 8.64
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.18 4.03 7.63
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1927 - Mar 2024)
Best Rolling Return (%) - Annualized 205.32 59.23 48.14 26.24 19.44 17.54
Worst Rolling Return (%) - Annualized -68.02 -47.61 -23.60 -4.27 4.32 9.12
% Positive Periods 73% 85% 90% 98% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 57.04 13.05 7.93 5.28 3.61 3.27
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.49 2.89
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 226.95 58.84 46.67 18.50 15.81 14.48
Worst Rolling Return (%) - Annualized -64.49 -43.46 -19.85 -3.44 2.70 5.79
% Positive Periods 68% 79% 85% 94% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 57.04 13.05 7.93 5.28 3.61 3.27
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - 1.49 2.89
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Mar 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares Core S&P Small-Cap (IJR) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES CORE S&P SMALL-CAP (IJR) ETF
Monthly correlations as of 31 March 2024
Swipe left to see all data
Correlation vs IJR
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
 US Total Stock Market
0.88
0.90
0.89
0.88
0.88
SPY
 US Large Cap
0.85
0.87
0.85
0.81
0.81
VNQ
 US REITs
0.92
0.81
0.71
0.65
0.65
QQQ
 US Technology
0.73
0.74
0.70
0.72
0.72
PFF
 Preferred Stocks
0.68
0.75
0.65
0.43
0.42
EFA
 EAFE Stocks
0.85
0.86
0.77
0.75
0.72
VT
 World All Countries
0.89
0.91
0.86
0.82
0.81
EEM
 Emerging Markets
0.86
0.75
0.63
0.71
0.68
VGK
 Europe
0.80
0.85
0.75
0.74
0.73
VPL
 Pacific
0.93
0.84
0.76
0.65
0.61
FLLA
 Latin America
0.84
0.75
0.54
0.63
0.62
BND
 US Total Bond Market
0.73
0.40
0.26
0.08
0.08
TLT
 Long Term Treasuries
0.80
0.06
-0.04
-0.18
-0.17
BIL
 US Cash
0.20
-0.12
-0.09
-0.05
-0.05
TIP
 TIPS
0.70
0.49
0.36
0.11
0.12
LQD
 Invest. Grade Bonds
0.76
0.57
0.46
0.25
0.25
HYG
 High Yield Bonds
0.85
0.82
0.75
0.66
0.65
CWB
 US Convertible Bonds
0.96
0.86
0.83
0.84
0.85
BNDX
 International Bonds
0.72
0.46
0.32
0.13
0.13
EMB
 Emerg. Market Bonds
0.91
0.71
0.56
0.51
0.51
GLD
 Gold
0.15
0.10
-0.02
0.06
0.06
DBC
 Commodities
0.10
0.54
0.46
0.37
0.36

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES CORE S&P SMALL-CAP (IJR) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1927 - 31 March 2024 (~97 years)
Inflation Adjusted:
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Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES CORE S&P SMALL-CAP (IJR) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1927 - 31 March 2024 (~97 years)
Inflation Adjusted:

If you need a deeper detail about rolling returns, please refer to the iShares Core S&P Small-Cap (IJR) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares Core S&P Small-Cap (IJR) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares Core S&P Small-Cap (IJR) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES CORE S&P SMALL-CAP (IJR) ETF
Monthly Returns Distribution
Data Source: 1 April 1994 - 31 March 2024 (30 Years)
Data Source: 1 January 1927 - 31 March 2024 (~97 years)
225 Positive Months (63%) - 135 Negative Months (38%)
725 Positive Months (62%) - 442 Negative Months (38%)
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(Scroll down to see all data)
Investment Returns, up to December 2000, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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