Key Highlights

  • The fund tracks U.S. small-cap stocks selected using book value, Earnings and sales metrics.
  • The portfolio holds 496 companies, with no single position above about 1 percent of market value.
  • The expense ratio is 0.18 percent, with quarterly distributions.
  • Net Assets were about $7.8 billion on November 11, 2026.

The iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) closed at $134.38 on November 11, 2026, with net assets of about $7.8 billion. The fund seeks to track an index composed of U.S. small-cap stocks selected using metrics such as book value, earnings and sales. Its portfolio is designed to give targeted exposure to small American companies classified as value stocks.

Ticker and exchange

IJS, NYSE Arca

Benchmark index

S&P SmallCap 600 Value Index

Net asset value

$134.39 (Nov 11, 2026)

Daily NAV change

Up $0.88 (0.66%)

Net assets

$7,787,769,036

Number of holdings

496

Expense ratio

0.18%

30-day SEC yield

1.88%

Distribution frequency

Quarterly

Fund inception

July 24, 2000

How the Value Screen Works

The index behind IJS begins with the S&P SmallCap 600 and then selects companies whose screening metrics, including book value, earnings and sales, place them in the value segment. The result is a portfolio of smaller companies that the index methodology classifies as value stocks.

Small-cap companies may be less stable and more sensitive to adverse developments than larger firms, and their shares can be less liquid. The prospectus notes these characteristics, which apply to the fund as a whole.

Holdings and Sector Spread

The 496 holdings are spread across many industries. Match Group and Paycom Software each account for about 0.99 percent of market value, followed by Victoria's Secret at 0.95 percent and Jackson Financial at 0.93 percent. EPAM Systems, Pool Corporation, Lamb Weston, Mohawk Industries and CarMax also appear among the largest positions.

Because no single company is much larger than the others in the top ten, the fund's movements tend to reflect a broad set of small companies rather than a few large names.

Trading and Distribution Details

About 103,483 shares traded on November 11, 2026, compared with a 30-day Average Daily Volume of roughly 212,023 shares. The 30-day median bid-ask spread was 0.05 percent, and the fund had 57.95 million shares outstanding.

The fund distributes income quarterly, and the September 2026 payment totaled $0.563186 per share. The 30-day SEC Yield was 1.88 percent and the 12-month trailing yield was 1.39 percent, both calculated at the end of October 2026.

Final Word

IJS offers a broad set of 496 U.S. small-cap value stocks, selected through a screen based on book value, earnings and sales. Its 0.18 percent expense ratio and quarterly distributions set the fund's cost and income structure. Future results will depend on the economic conditions facing smaller domestic companies and on how value-oriented shares perform in different market periods.