DUSA vs. ITOT

Last updated Aug 4, 2026

DUSA (Davis Select U.S. Equity ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds. DUSA is actively managed, while ITOT is passively managed. Over the past 5 years, DUSA returned 12.60%/yr vs 12.06%/yr for ITOT. Their correlation of 0.84 means they have usually moved in the same direction. DUSA charges 0.62%/yr vs 0.03%/yr for ITOT.

Performance

DUSA vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Davis Select U.S. Equity ETF (DUSA) 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, DUSA achieves a 13.73% return, which is significantly higher than ITOT's 12.18% return.

DUSA

• 1D: 1.16%
• 1M: 2.25%
• 6M: 9.97%
• YTD: 13.73%
• 1Y: 29.99%
• 3Y*: 22.18%
• 5Y*: 12.60%
• 10Y*: —
• ALL TIME*: 13.17%

ITOT

• 1D: 1.46%
• 1M: 1.37%
• 6M: 9.88%
• YTD: 12.18%
• 1Y: 23.59%
• 3Y*: 20.38%
• 5Y*: 12.06%
• 10Y*: 14.61%
• ALL TIME*: 10.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DUSA Davis Select U.S. Equity ETF	$2.68M	$2.77M	$2.73M
ITOT iShares Core S&P Total U.S. Stock Market ETF	$218.20M	$235.22M	$304.20M

DUSA vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSA Davis Select U.S. Equity ETF	13.73%	22.57%	20.43%	34.17%	-19.57%	17.71%	14.22%	30.54%	-11.93%	16.45%
ITOT iShares Core S&P Total U.S. Stock Market ETF	12.18%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	19.26%

Correlation

The correlation between DUSA and ITOT is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (All Time) Calculated using the full available price history since Jan 12, 2017	0.84

The correlation between DUSA and ITOT shifts across timeframes, from 0.67 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.

DUSA vs. ITOT - Sectors Allocation Comparison

Sectors	DUSA	ITOT
Financial Services	27.3%	11.9%
Healthcare	19.4%	9.5%
Consumer Cyclical	13.3%	9.5%
Communication Services	12.2%	9.1%
Energy	8.9%	3.1%
Technology	6.7%	36.4%
Consumer Defensive	6.1%	4.3%
Basic Materials	3.3%	1.9%
Industrials	2.9%	9.9%
Real Estate	-	2.3%
Utilities	-	2.2%

Return for Risk

DUSA vs. ITOT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DUSA

DUSA Risk / Return Rank: 90
DUSA Sharpe Ratio Rank: 92
DUSA Sortino Ratio Rank: 91
DUSA Omega Ratio Rank: 89
DUSA Calmar Ratio Rank: 90
DUSA Martin Ratio Rank: 88

ITOT

ITOT Risk / Return Rank: 78
ITOT Sharpe Ratio Rank: 78
ITOT Sortino Ratio Rank: 76
ITOT Omega Ratio Rank: 76
ITOT Calmar Ratio Rank: 75
ITOT Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DUSA vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Davis Select U.S. Equity ETF (DUSA) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DUSA	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	2.43	1.81	+0.62
Sortino ratio: Return per unit of downside risk	3.34	2.50	+0.84
Omega ratio: Gain probability vs. loss probability	1.42	1.32	+0.10
Calmar ratio: Return relative to maximum drawdown	3.97	2.66	+1.31
Martin ratio: Return relative to average drawdown	14.09	11.42	+2.67

DUSA vs. ITOT - Sharpe Ratio Comparison

The current DUSA Sharpe Ratio is 2.43, which is higher than the ITOT Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of DUSA 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.

Drawdowns

DUSA vs. ITOT - Drawdown Comparison

The maximum DUSA drawdown since its inception was -36.71%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for DUSA and ITOT.

Drawdown Indicators

	DUSA	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-36.71%	-55.20%	+18.49%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-8.90%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-16.82%	-19.44%	+2.62%
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	-25.36%	-5.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.62%	-6.93%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.07%	+0.06%

Volatility

DUSA vs. ITOT - Volatility Comparison

The current volatility for Davis Select U.S. Equity ETF (DUSA) is 2.90%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 3.80%. This indicates that DUSA experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUSA	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	3.80%	-0.90%
Volatility (6M) Calculated over the trailing 6-month period	8.18%	10.35%	-2.17%
Volatility (1Y) Calculated over the trailing 1-year period	12.41%	13.11%	-0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.52%	17.48%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.73%	18.28%	+1.45%

DUSA vs. ITOT - Expense Ratio Comparison

DUSA has a 0.62% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

DUSA vs. ITOT - Dividend Comparison

DUSA's dividend yield for the trailing twelve months is around 0.84%, less than ITOT's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUSA Davis Select U.S. Equity ETF	0.84%	0.96%	0.85%	3.38%	1.21%	1.12%	0.51%	1.12%	2.77%	0.68%	0.00%	0.00%
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.99%	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 DUSA and ITOT in my portfolio?

DUSA and ITOT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUSA or ITOT?

ITOT has higher volatility (3.80%) compared to DUSA (2.90%). In terms of maximum drawdown, DUSA dropped -36.71% vs ITOT's -55.20%.

Which ETF is better, DUSA or ITOT?

On 5-year performance, DUSA leads with 12.60% vs 12.06% for ITOT. On fees, ITOT is cheaper at 0.03% per year. On volatility, DUSA has been the lower-risk option at 2.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUSA or ITOT?

Over the 5-year period, DUSA has performed better with a 12.60% return vs 12.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUSA or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.62% for DUSA.

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

ITOT has the higher dividend yield at 0.99%, compared with 0.84% for DUSA.

What is the main difference between DUSA and ITOT?

They also come from different issuers: Davis and iShares. Their fees differ too: 0.62% for DUSA and 0.03% for ITOT.

Which has better risk-adjusted returns?

DUSA currently has the higher Sharpe Ratio (2.43 vs 1.81), 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.