AVIE vs. ITOT

Last updated Jun 5, 2026

AVIE (Avantis Inflation Focused Equity ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds. AVIE is actively managed, while ITOT is passively managed. Over the past 3 years, AVIE returned 13.52%/yr vs 22.39%/yr for ITOT. A 0.56 correlation means they provide meaningful diversification when combined. AVIE charges 0.25%/yr vs 0.03%/yr for ITOT.

Performance

AVIE vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIE achieves a 13.83% return, which is significantly higher than ITOT's 11.78% return.

AVIE

• 1D: 0.92%
• 1M: 0.72%
• YTD: 13.83%
• 6M: 14.41%
• 1Y: 25.46%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

ITOT

• 1D: 0.48%
• 1M: 4.64%
• YTD: 11.78%
• 6M: 11.52%
• 1Y: 28.81%
• 3Y*: 22.39%
• 5Y*: 12.80%
• 10Y*: 15.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVIE vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	13.83%	11.37%	6.17%	4.19%	14.70%
ITOT iShares Core S&P Total U.S. Stock Market ETF	11.78%	17.00%	23.80%	26.12%	5.68%

Correlation

The correlation between AVIE and ITOT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.56

Over the past year, the correlation between AVIE and ITOT has dropped to 0.31 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

AVIE vs. ITOT - Sectors Allocation Comparison

Sectors	AVIE	ITOT
Energy	30.1%	3.7%
Healthcare	26.3%	9.0%
Consumer Defensive	17.1%	4.7%
Financial Services	15.0%	12.1%
Basic Materials	9.8%	2.1%
Industrials	1.1%	9.5%
Real Estate	0.1%	2.4%
Utilities	0.1%	2.3%
Consumer Cyclical	0.1%	10.1%
Technology	0.1%	33.8%
Communication Services	-	10.3%

Return for Risk

AVIE vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVIE

AVIE Risk / Return Rank: 83
AVIE Sharpe Ratio Rank: 81
AVIE Sortino Ratio Rank: 84
AVIE Omega Ratio Rank: 78
AVIE Calmar Ratio Rank: 88
AVIE Martin Ratio Rank: 81

ITOT

ITOT Risk / Return Rank: 73
ITOT Sharpe Ratio Rank: 74
ITOT Sortino Ratio Rank: 73
ITOT Omega Ratio Rank: 72
ITOT Calmar Ratio Rank: 66
ITOT Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVIE vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AVIE	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	2.59	2.37	+0.21
Sortino ratio: Return per unit of downside risk	3.72	3.24	+0.48
Omega ratio: Gain probability vs. loss probability	1.46	1.43	+0.03
Calmar ratio: Return relative to maximum drawdown	5.15	3.25	+1.90
Martin ratio: Return relative to average drawdown	15.80	14.92	+0.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVIE vs. ITOT - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 2.59, which is comparable to the ITOT Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of AVIE and ITOT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVIE	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.59	2.37	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	0.57	+0.50

Drawdowns

AVIE vs. ITOT - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for AVIE and ITOT.

Drawdown Indicators

	AVIE	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-55.20%	+42.81%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-8.90%	+3.93%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-19.44%	+7.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-0.46%	-0.25%	-0.21%
Average Drawdown Average peak-to-trough decline	-3.03%	-6.97%	+3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.94%	-0.32%

Volatility

AVIE vs. ITOT - Volatility Comparison

Avantis Inflation Focused Equity ETF (AVIE) has a higher volatility of 3.16% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 2.94%. This indicates that AVIE's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	2.94%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.20%	9.14%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	9.91%	12.19%	-2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.94%	17.35%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.94%	18.26%	-5.32%

AVIE vs. ITOT - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVIE vs. ITOT - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.44%, more than ITOT's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.44%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.97%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%

Frequently Asked Questions

Can I hold both AVIE and ITOT in my portfolio?

AVIE and ITOT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or ITOT?

AVIE has higher volatility (3.16%) compared to ITOT (2.94%). In terms of maximum drawdown, AVIE dropped -12.39% vs ITOT's -55.20%.

Which ETF is better, AVIE or ITOT?

On 3-year performance, ITOT leads with 22.39% vs 13.52% for AVIE. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or ITOT?

Over the 3-year period, ITOT has performed better with a 22.39% return vs 13.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.25% for AVIE.

Which ETF pays a higher dividend yield, AVIE or ITOT?

AVIE has the higher dividend yield at 1.44%, compared with 0.97% for ITOT.

What is the main difference between AVIE and ITOT?

They also come from different issuers: Avantis and iShares. Their fees differ too: 0.25% for AVIE and 0.03% for ITOT.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.59 vs 2.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.