IJH Vs. VO: Battle Of The Mid-Cap ETFs
Summary
- IJH and VO track different versions of the U.S. mid-cap market. Expense ratios are just 0.04% and 0.05%, and the two have a combined $212 billion in assets under management.
- The two have significantly different profiles despite similar long-term performance. VO is the higher-quality and more stable option but trades at a much higher valuation.
- It's a lot to pay for a group of companies that aren't performing as well. Growth-at-a-reasonable-price investors and style purists are more likely to favor IJH.
- This article compares the two ETFs' strategy and fundamentals, describing why, in my view, IJH is the clear winner today.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SPY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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