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DIA vs. ITOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DIA vs. ITOT

Last updated Jun 4, 2026

DIA (State Street SPDR Dow Jones Industrial Average ETF Trust) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds - DIA tracks the Dow Jones Industrial Average while ITOT tracks the S&P Total Market Index. Both are passively managed. Over the past 10 years, DIA returned 13.21%/yr vs 15.01%/yr for ITOT. Their correlation of 0.91 suggests significant overlap in exposure. DIA charges 0.16%/yr vs 0.03%/yr for ITOT.

Performance

DIA vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DIA achieves a 6.26% return, which is significantly lower than ITOT's 11.25% return. Over the past 10 years, DIA has underperformed ITOT with an annualized return of 13.21%, while ITOT has yielded a comparatively higher 15.01% annualized return.

DIA

1D
-1.13%
1M
3.88%
YTD
6.26%
6M
6.75%
1Y
21.13%
3Y*
16.45%
5Y*
9.76%
10Y*
13.21%

ITOT

1D
-0.73%
1M
5.01%
YTD
11.25%
6M
11.12%
1Y
28.12%
3Y*
22.09%
5Y*
12.69%
10Y*
15.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DIA vs. ITOT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DIA
State Street SPDR Dow Jones Industrial Average ETF Trust		6.26%14.71%14.82%16.02%-7.02%20.83%9.59%24.70%-3.74%28.08%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		11.25%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%21.37%

Correlation

The correlation between DIA and ITOT is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.84

Correlation (3Y)
Calculated over the trailing 3-year period

0.84

Correlation (5Y)
Calculated over the trailing 5-year period

0.88

Correlation (10Y)
Calculated over the trailing 10-year period

0.89

Correlation (All Time)
Calculated using the full available price history since Jan 26, 2004

0.91

The correlation between DIA and ITOT has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

DIA vs. ITOT - Sectors Allocation Comparison

Sectors
DIA
ITOT

Financial Services

27.2%
12.1%

Industrials

18.4%
9.5%

Technology

17.1%
33.8%

Healthcare

13.1%
9.0%

Consumer Cyclical

11.6%
10.1%

Consumer Defensive

4.4%
4.7%

Basic Materials

4.0%
2.1%

Energy

2.4%
3.7%

Communication Services

1.9%
10.3%

Real Estate

-

2.4%

Utilities

-

2.3%

Financial Services

DIA
27.2%
ITOT
12.1%

Industrials

DIA
18.4%
ITOT
9.5%

Technology

DIA
17.1%
ITOT
33.8%

Healthcare

DIA
13.1%
ITOT
9.0%

Consumer Cyclical

DIA
11.6%
ITOT
10.1%

Consumer Defensive

DIA
4.4%
ITOT
4.7%

Basic Materials

DIA
4.0%
ITOT
2.1%

Energy

DIA
2.4%
ITOT
3.7%

Communication Services

DIA
1.9%
ITOT
10.3%

Real Estate

DIA

-

ITOT
2.4%

Utilities

DIA

-

ITOT
2.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

State Street SPDR Dow Jones Industrial Average ETF Trust

iShares Core S&P Total U.S. Stock Market ETF

Often compared with DIA:
DIA vs. QQQDIA vs. SPYDIA vs. VOODIA vs. DJDDIA vs. SCHDDIA vs. IYYDIA vs. ^DJI
Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS

Return for Risk

DIA vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DIA
DIA Risk / Return Rank: 4848
Overall Rank
DIA Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
DIA Sortino Ratio Rank: 5252
Sortino Ratio Rank
DIA Omega Ratio Rank: 4949
Omega Ratio Rank
DIA Calmar Ratio Rank: 4343
Calmar Ratio Rank
DIA Martin Ratio Rank: 4949
Martin Ratio Rank
ITOT
ITOT Risk / Return Rank: 6868
Overall Rank
ITOT Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6868
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6767
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6363
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7575
Martin Ratio Rank
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.

DIA vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) 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.

DIAITOTDifference
Sharpe ratioReturn per unit of total volatility
1.76
2.32

-0.56

Sortino ratioReturn per unit of downside risk
2.57
3.17

-0.60

Omega ratioGain probability vs. loss probability

1.31

1.42

-0.10

Calmar ratioReturn relative to maximum drawdown

2.18

3.17

-1.00

Martin ratioReturn relative to average drawdown

8.42

14.57

-6.15

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIA vs. ITOT - Sharpe Ratio Comparison

The current DIA Sharpe Ratio is 1.76, which is comparable to the ITOT Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of DIA 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.

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Sharpe Ratios by Period

DIAITOTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.76

2.32

-0.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

0.74

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

0.82

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.57

-0.08

Drawdowns

DIA vs. ITOT - Drawdown Comparison

The maximum DIA drawdown since its inception was -51.87%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for DIA and ITOT.

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Drawdown Indicators

DIAITOTDifference

Max Drawdown

Largest peak-to-trough decline

-51.87%

-55.20%

+3.33%

Max Drawdown (1Y)

Largest decline over 1 year

-9.76%

-8.90%

-0.86%

Max Drawdown (3Y)

Largest decline over 3 years

-15.95%

-19.44%

+3.49%

Max Drawdown (5Y)

Largest decline over 5 years

-20.76%

-25.36%

+4.60%

Max Drawdown (10Y)

Largest decline over 10 years

-36.70%

-35.00%

-1.70%

Current Drawdown

Current decline from peak

-1.13%

-0.73%

-0.40%

Average Drawdown

Average peak-to-trough decline

-7.14%

-6.97%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.52%

1.94%

+0.58%

Volatility

DIA vs. ITOT - Volatility Comparison

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 2.97% and 2.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DIAITOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.97%

2.99%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

9.28%

9.13%

+0.15%

Volatility (1Y)

Calculated over the trailing 1-year period

12.10%

12.20%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.78%

17.36%

-2.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.53%

18.26%

-0.73%

DIA vs. ITOT - Expense Ratio Comparison

DIA has a 0.16% 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

DIA vs. ITOT - Dividend Comparison

DIA's dividend yield for the trailing twelve months is around 1.38%, more than ITOT's 0.98% yield.

PositionTTM20252024202320222021202020192018201720162015
DIA
State Street SPDR Dow Jones Industrial Average ETF Trust		1.38%1.43%1.61%1.81%1.91%1.58%1.87%1.85%2.24%1.97%2.26%2.33%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		0.98%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

DIA and ITOT have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITOT has higher volatility (2.99%) compared to DIA (2.97%). In terms of maximum drawdown, DIA dropped -51.87% vs ITOT's -55.20%.

On 10-year performance, ITOT leads with 15.01% vs 13.21% for DIA. On fees, ITOT is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ITOT has performed better with a 15.01% return vs 13.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ITOT is cheaper with a 0.03% expense ratio, compared with 0.16% for DIA.

DIA has the higher dividend yield at 1.38%, compared with 0.98% for ITOT.

DIA tracks Dow Jones Industrial Average, while ITOT tracks S&P Total Market Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.16% for DIA and 0.03% for ITOT.

ITOT currently has the higher Sharpe Ratio (2.32 vs 1.76), 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.

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