This ETF is one of several ETFs available that offers exposure to mid cap U.S. stocks, an asset class that can make up a significant portion of long-term, buy-and-hold portfolios. As such, this ETF may be more appealing to those in the portfolio construction process as opposed to short term traders. IJH offers exposure to a balanced portfolio of stocks, including close to 400 individual names and spreading exposure relatively evenly. The expense ratio is competitive with the other options out there; in addition to cap-weighted choices such as this fund and MDY, there is the alpha-seeking FNX, ultra-cheap FMM, and equal-weighted EWRM.
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