ILCB vs. ITOT

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Morningstar U.S. Equity ETF (ILCB) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).

ILCB and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILCB is a passively managed fund by iShares that tracks the performance of the Morningstar US Large-Mid Cap Index. It was launched on Jun 28, 2004. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both ILCB and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ILCB vs. ITOT - Performance Comparison

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

ILCB vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ILCB iShares Morningstar U.S. Equity ETF	-4.57%	17.70%	24.96%	26.91%	-19.48%	24.07%	19.40%	32.68%	-8.51%	22.09%
ITOT iShares Core S&P Total U.S. Stock Market ETF	-4.00%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	21.37%

Returns By Period

In the year-to-date period, ILCB achieves a -4.57% return, which is significantly lower than ITOT's -4.00% return. Both investments have delivered pretty close results over the past 10 years, with ILCB having a 13.49% annualized return and ITOT not far ahead at 13.57%.

ILCB

• 1D: 2.92%
• 1M: -4.96%
• YTD: -4.57%
• 6M: -2.23%
• 1Y: 17.62%
• 3Y*: 18.30%
• 5Y*: 11.15%
• 10Y*: 13.49%

ITOT

• 1D: 2.98%
• 1M: -4.92%
• YTD: -4.00%
• 6M: -1.67%
• 1Y: 18.07%
• 3Y*: 17.83%
• 5Y*: 10.46%
• 10Y*: 13.57%

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

ILCB vs. ITOT - Expense Ratio Comparison

Both ILCB and ITOT have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

ILCB

iShares Morningstar U.S. Equity ETF

ITOT

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

Return for Risk

ILCB vs. ITOT — Risk / Return Rank

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

ILCB

ILCB Risk / Return Rank: 62
ILCB Sharpe Ratio Rank: 56
ILCB Sortino Ratio Rank: 58
ILCB Omega Ratio Rank: 63
ILCB Calmar Ratio Rank: 62
ILCB Martin Ratio Rank: 71

ITOT

ITOT Risk / Return Rank: 65
ITOT Sharpe Ratio Rank: 59
ITOT Sortino Ratio Rank: 62
ITOT Omega Ratio Rank: 65
ITOT Calmar Ratio Rank: 64
ITOT Martin Ratio Rank: 74

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.

ILCB vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar U.S. Equity ETF (ILCB) 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.

	ILCB	ITOT	Difference
Sharpe ratio Return per unit of total volatility	0.96	0.97	-0.01
Sortino ratio Return per unit of downside risk	1.47	1.49	-0.02
Omega ratio Gain probability vs. loss probability	1.22	1.22	0.00
Calmar ratio Return relative to maximum drawdown	1.51	1.51	0.00
Martin ratio Return relative to average drawdown	7.11	7.22	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ILCB vs. ITOT - Sharpe Ratio Comparison

The current ILCB Sharpe Ratio is 0.96, which is comparable to the ITOT Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of ILCB and ITOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ILCB	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	0.97	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.61	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.75	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.54	+0.06

Correlation

The correlation between ILCB and ITOT is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ILCB vs. ITOT - Dividend Comparison

ILCB's dividend yield for the trailing twelve months is around 1.13%, which matches ITOT's 1.13% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILCB iShares Morningstar U.S. Equity ETF	1.13%	1.11%	1.19%	1.43%	1.65%	1.16%	1.26%	2.25%	2.17%	1.81%	1.97%	2.44%
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.13%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%

Drawdowns

ILCB vs. ITOT - Drawdown Comparison

The maximum ILCB drawdown since its inception was -51.53%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for ILCB and ITOT.

Drawdown Indicators

	ILCB	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-51.53%	-55.20%	+3.67%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	-12.34%	+0.27%
Max Drawdown (5Y) Largest decline over 5 years	-25.47%	-25.36%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	-35.30%	-35.00%	-0.30%
Current Drawdown Current decline from peak	-6.44%	-6.18%	-0.26%
Average Drawdown Average peak-to-trough decline	-6.28%	-7.02%	+0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	2.59%	-0.02%

Volatility

ILCB vs. ITOT - Volatility Comparison

iShares Morningstar U.S. Equity ETF (ILCB) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 5.34% and 5.47%, 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.

Volatility by Period

	ILCB	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	5.47%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	9.62%	9.76%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.41%	18.67%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.13%	17.37%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	18.25%	-0.11%