EUSA vs. ITOT

Last updated Jun 26, 2026

EUSA (iShares MSCI USA Equal Weighted ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - EUSA is a Mid Cap Blend Equities fund tracking the MSCI USA Equal Weighted Index, while ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index. Both are passively managed. Over the past 10 years, EUSA returned 12.28%/yr vs 15.35%/yr for ITOT. Their correlation of 0.83 suggests significant overlap in exposure. EUSA charges 0.09%/yr vs 0.03%/yr for ITOT.

Performance

EUSA vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Equal Weighted ETF (EUSA) 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, EUSA achieves a 10.06% return, which is significantly higher than ITOT's 8.95% return. Over the past 10 years, EUSA has underperformed ITOT with an annualized return of 12.28%, while ITOT has yielded a comparatively higher 15.35% annualized return.

EUSA

• 1D: 0.43%
• 1M: 1.53%
• YTD: 10.06%
• 6M: 8.62%
• 1Y: 17.88%
• 3Y*: 15.73%
• 5Y*: 7.65%
• 10Y*: 12.28%

ITOT

• 1D: 0.08%
• 1M: -1.51%
• YTD: 8.95%
• 6M: 7.49%
• 1Y: 22.95%
• 3Y*: 20.80%
• 5Y*: 11.85%
• 10Y*: 15.35%

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

EUSA vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUSA iShares MSCI USA Equal Weighted ETF	10.06%	10.24%	14.64%	17.72%	-17.13%	25.60%	15.03%	30.56%	-8.58%	19.02%
ITOT iShares Core S&P Total U.S. Stock Market ETF	8.95%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	21.37%

Correlation

The correlation between EUSA and ITOT is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since May 7, 2010	0.83

The correlation between EUSA and ITOT shifts across timeframes, from 0.81 (1 year) to 0.92 (10 years), reflecting how their relationship changes across market environments.

EUSA vs. ITOT - Sectors Allocation Comparison

Sectors	EUSA	ITOT
Technology	20.3%	37.2%
Industrials	15.3%	9.1%
Financial Services	14.7%	11.4%
Consumer Cyclical	11.1%	9.8%
Healthcare	10.8%	8.8%
Utilities	5.4%	2.1%
Consumer Defensive	5.3%	4.3%
Real Estate	5.2%	2.3%
Basic Materials	4.3%	2.0%
Communication Services	4.0%	9.8%
Energy	3.8%	3.3%

Return for Risk

EUSA vs. ITOT — Risk / Return Rank

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

EUSA

EUSA Risk / Return Rank: 51
EUSA Sharpe Ratio Rank: 50
EUSA Sortino Ratio Rank: 50
EUSA Omega Ratio Rank: 46
EUSA Calmar Ratio Rank: 54
EUSA Martin Ratio Rank: 59

ITOT

ITOT Risk / Return Rank: 64
ITOT Sharpe Ratio Rank: 63
ITOT Sortino Ratio Rank: 61
ITOT Omega Ratio Rank: 62
ITOT Calmar Ratio Rank: 61
ITOT Martin Ratio Rank: 71

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.

EUSA vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) 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.

	EUSA	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.49	1.81	-0.31
Sortino ratio: Return per unit of downside risk	2.16	2.47	-0.31
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.07
Calmar ratio: Return relative to maximum drawdown	2.30	2.59	-0.29
Martin ratio: Return relative to average drawdown	9.03	11.40	-2.37

EUSA vs. ITOT - Sharpe Ratio Comparison

The current EUSA Sharpe Ratio is 1.49, which is comparable to the ITOT Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of EUSA 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

EUSA vs. ITOT - Drawdown Comparison

The maximum EUSA drawdown since its inception was -39.16%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for EUSA and ITOT.

Drawdown Indicators

	EUSA	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-39.16%	-55.20%	+16.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.82%	-8.90%	+1.08%
Max Drawdown (3Y) Largest decline over 3 years	-18.20%	-19.44%	+1.24%
Max Drawdown (5Y) Largest decline over 5 years	-25.24%	-25.36%	+0.12%
Max Drawdown (10Y) Largest decline over 10 years	-39.16%	-35.00%	-4.16%
Current Drawdown Current decline from peak	-0.62%	-2.78%	+2.16%
Average Drawdown Average peak-to-trough decline	-4.58%	-6.96%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	2.02%	-0.03%

Volatility

EUSA vs. ITOT - Volatility Comparison

The current volatility for iShares MSCI USA Equal Weighted ETF (EUSA) is 3.67%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 4.87%. This indicates that EUSA 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

	EUSA	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	4.87%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	10.00%	-0.91%
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	12.77%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	17.46%	-0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	18.27%	+0.05%

EUSA vs. ITOT - Expense Ratio Comparison

EUSA has a 0.09% 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

EUSA vs. ITOT - Dividend Comparison

EUSA's dividend yield for the trailing twelve months is around 1.47%, more than ITOT's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSA iShares MSCI USA Equal Weighted ETF	1.47%	1.63%	1.47%	1.53%	1.73%	1.23%	1.45%	1.49%	2.01%	1.50%	1.59%	2.21%
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.02%	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 EUSA and ITOT in my portfolio?

EUSA and ITOT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUSA or ITOT?

ITOT has higher volatility (4.87%) compared to EUSA (3.67%). In terms of maximum drawdown, EUSA dropped -39.16% vs ITOT's -55.20%.

Which ETF is better, EUSA or ITOT?

On 10-year performance, ITOT leads with 15.35% vs 12.28% for EUSA. On fees, ITOT is cheaper at 0.03% per year. On volatility, EUSA has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUSA or ITOT?

Over the 10-year period, ITOT has performed better with a 15.35% return vs 12.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUSA or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.09% for EUSA.

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

EUSA has the higher dividend yield at 1.47%, compared with 1.02% for ITOT.

What is the main difference between EUSA and ITOT?

EUSA is categorized as Mid Cap Blend Equities, while ITOT is Large Cap Blend Equities. EUSA tracks MSCI USA Equal Weighted Index, while ITOT tracks S&P Total Market Index. Their fees differ too: 0.09% for EUSA and 0.03% for ITOT.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (1.80 vs 1.49), 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.