ISCB vs. ITOT

Last updated Jun 4, 2026

ISCB (iShares Morningstar Small-Cap ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - ISCB is a Small Cap Blend Equities fund tracking the Morningstar US Small Cap Extended 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, ISCB returned 9.30%/yr vs 15.01%/yr for ITOT. Their correlation of 0.88 suggests significant overlap in exposure. ISCB charges 0.04%/yr vs 0.03%/yr for ITOT.

Performance

ISCB vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar Small-Cap ETF (ISCB) 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

The year-to-date returns for both stocks are quite close, with ISCB having a 11.43% return and ITOT slightly lower at 11.25%. Over the past 10 years, ISCB has underperformed ITOT with an annualized return of 9.30%, while ITOT has yielded a comparatively higher 15.01% annualized return.

ISCB

• 1D: -0.67%
• 1M: 2.77%
• YTD: 11.43%
• 6M: 11.42%
• 1Y: 29.48%
• 3Y*: 16.41%
• 5Y*: 5.72%
• 10Y*: 9.30%

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)

ISCB vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISCB iShares Morningstar Small-Cap ETF	11.43%	12.46%	10.90%	19.51%	-19.04%	17.46%	6.29%	29.42%	-13.92%	12.95%
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 ISCB and ITOT is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jul 6, 2004	0.88

The correlation between ISCB and ITOT has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

ISCB vs. ITOT - Sectors Allocation Comparison

Sectors	ISCB	ITOT
Industrials	18.5%	9.5%
Financial Services	15.9%	12.1%
Technology	14.6%	33.8%
Healthcare	13.3%	9.0%
Consumer Cyclical	11.8%	10.1%
Real Estate	8.2%	2.4%
Energy	4.9%	3.7%
Basic Materials	4.6%	2.1%
Consumer Defensive	3.4%	4.7%
Communication Services	2.6%	10.3%
Utilities	2.3%	2.3%

Return for Risk

ISCB vs. ITOT — Risk / Return Rank

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

ISCB

ISCB Risk / Return Rank: 56
ISCB Sharpe Ratio Rank: 52
ISCB Sortino Ratio Rank: 53
ISCB Omega Ratio Rank: 49
ISCB Calmar Ratio Rank: 63
ISCB Martin Ratio Rank: 62

ITOT

ITOT Risk / Return Rank: 68
ITOT Sharpe Ratio Rank: 69
ITOT Sortino Ratio Rank: 68
ITOT Omega Ratio Rank: 67
ITOT Calmar Ratio Rank: 63
ITOT Martin Ratio Rank: 75

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.

ISCB vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small-Cap ETF (ISCB) 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.

	ISCB	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.32	-0.52
Sortino ratio: Return per unit of downside risk	2.60	3.17	-0.58
Omega ratio: Gain probability vs. loss probability	1.31	1.42	-0.11
Calmar ratio: Return relative to maximum drawdown	3.15	3.17	-0.02
Martin ratio: Return relative to average drawdown	11.26	14.57	-3.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISCB vs. ITOT - Sharpe Ratio Comparison

The current ISCB Sharpe Ratio is 1.80, which is comparable to the ITOT Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of ISCB 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

	ISCB	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.80	2.32	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.74	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.82	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.57	-0.19

Drawdowns

ISCB vs. ITOT - Drawdown Comparison

The maximum ISCB drawdown since its inception was -61.25%, which is greater than ITOT's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for ISCB and ITOT.

Drawdown Indicators

	ISCB	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-61.25%	-55.20%	-6.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.39%	-8.90%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	-26.22%	-19.44%	-6.78%
Max Drawdown (5Y) Largest decline over 5 years	-29.94%	-25.36%	-4.58%
Max Drawdown (10Y) Largest decline over 10 years	-44.18%	-35.00%	-9.18%
Current Drawdown Current decline from peak	-0.67%	-0.73%	+0.06%
Average Drawdown Average peak-to-trough decline	-9.80%	-6.97%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	1.94%	+0.69%

Volatility

ISCB vs. ITOT - Volatility Comparison

iShares Morningstar Small-Cap ETF (ISCB) has a higher volatility of 4.28% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 2.99%. This indicates that ISCB'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

	ISCB	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	2.99%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	11.43%	9.13%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	16.51%	12.20%	+4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.39%	17.36%	+4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.68%	18.26%	+4.42%

ISCB vs. ITOT - Expense Ratio Comparison

ISCB has a 0.04% 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

ISCB vs. ITOT - Dividend Comparison

ISCB's dividend yield for the trailing twelve months is around 1.27%, more than ITOT's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISCB iShares Morningstar Small-Cap ETF	1.27%	1.38%	1.31%	1.49%	1.63%	1.26%	1.26%	1.25%	1.60%	1.24%	1.58%	1.40%
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

Can I hold both ISCB and ITOT in my portfolio?

ISCB and ITOT have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISCB or ITOT?

ISCB has higher volatility (4.28%) compared to ITOT (2.99%). In terms of maximum drawdown, ISCB dropped -61.25% vs ITOT's -55.20%.

Which ETF is better, ISCB or ITOT?

On 10-year performance, ITOT leads with 15.01% vs 9.30% for ISCB. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 2.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ISCB or ITOT?

Over the 10-year period, ITOT has performed better with a 15.01% return vs 9.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ISCB or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.04% for ISCB.

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

ISCB has the higher dividend yield at 1.27%, compared with 0.98% for ITOT.

What is the main difference between ISCB and ITOT?

ISCB is categorized as Small Cap Blend Equities, while ITOT is Large Cap Blend Equities. ISCB tracks Morningstar US Small Cap Extended Index, while ITOT tracks S&P Total Market Index. Their fees differ too: 0.04% for ISCB and 0.03% for ITOT.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (2.32 vs 1.80), 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.