ITOT vs. AVGV

Last updated Aug 4, 2026

ITOT (iShares Core S&P Total U.S. Stock Market ETF) and AVGV (Avantis All Equity Markets Value ETF) are both exchange-traded funds - ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index, while AVGV is a Global Equities fund actively managed by Avantis. ITOT is passively managed, while AVGV is actively managed. Over the past 3 years, ITOT returned 20.38%/yr vs 20.17%/yr for AVGV. Their correlation of 0.83 means they have usually moved in the same direction. ITOT charges 0.03%/yr vs 0.26%/yr for AVGV.

Performance

ITOT vs. AVGV - Performance Comparison

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

Returns By Period

In the year-to-date period, ITOT achieves a 12.18% return, which is significantly lower than AVGV's 19.44% return.

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%

AVGV

• 1D: 1.06%
• 1M: 2.01%
• 6M: 11.09%
• YTD: 19.44%
• 1Y: 35.33%
• 3Y*: 20.17%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.39%

*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)
AVGV Avantis All Equity Markets Value ETF	$5.38M	$4.64M	$3.97M
ITOT iShares Core S&P Total U.S. Stock Market ETF	$218.20M	$235.22M	$304.20M

ITOT vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITOT iShares Core S&P Total U.S. Stock Market ETF	12.18%	17.00%	23.80%	10.25%
AVGV Avantis All Equity Markets Value ETF	19.44%	22.57%	11.26%	11.88%

Correlation

The correlation between ITOT and AVGV is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (All Time) Calculated using the full available price history since Jun 29, 2023	0.83

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

ITOT vs. AVGV - Sectors Allocation Comparison

Sectors	ITOT	AVGV
Technology	36.4%	11.8%
Financial Services	11.9%	24.0%
Industrials	9.9%	16.3%
Healthcare	9.5%	4.3%
Consumer Cyclical	9.5%	14.4%
Communication Services	9.1%	4.8%
Consumer Defensive	4.3%	5.0%
Energy	3.1%	11.5%
Real Estate	2.3%	0.7%
Utilities	2.2%	0.6%
Basic Materials	1.9%	6.6%

Return for Risk

ITOT vs. AVGV — Risk / Return Rank

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

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

AVGV

AVGV Risk / Return Rank: 93
AVGV Sharpe Ratio Rank: 94
AVGV Sortino Ratio Rank: 94
AVGV Omega Ratio Rank: 93
AVGV Calmar Ratio Rank: 92
AVGV Martin Ratio Rank: 93

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.

ITOT vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Total U.S. Stock Market ETF (ITOT) and Avantis All Equity Markets Value ETF (AVGV). 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.

	ITOT	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.69	-0.88
Sortino ratio: Return per unit of downside risk	2.50	3.73	-1.23
Omega ratio: Gain probability vs. loss probability	1.32	1.49	-0.16
Calmar ratio: Return relative to maximum drawdown	2.66	4.37	-1.71
Martin ratio: Return relative to average drawdown	11.42	17.10	-5.69

ITOT vs. AVGV - Sharpe Ratio Comparison

The current ITOT Sharpe Ratio is 1.81, which is lower than the AVGV Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of ITOT and AVGV, 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

ITOT vs. AVGV - Drawdown Comparison

The maximum ITOT drawdown since its inception was -55.20%, which is greater than AVGV's maximum drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for ITOT and AVGV.

Drawdown Indicators

	ITOT	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-55.20%	-17.03%	-38.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-8.12%	-0.78%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	-17.03%	-2.41%
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	—	—
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	-6.93%	-2.23%	-4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.07%	0.00%

Volatility

ITOT vs. AVGV - Volatility Comparison

iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a higher volatility of 3.80% compared to Avantis All Equity Markets Value ETF (AVGV) at 3.10%. This indicates that ITOT's price experiences larger fluctuations and is considered to be riskier than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITOT	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	3.10%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	10.27%	+0.08%
Volatility (1Y) Calculated over the trailing 1-year period	13.11%	13.24%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.48%	14.87%	+2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.28%	14.87%	+3.41%

ITOT vs. AVGV - Expense Ratio Comparison

ITOT has a 0.03% expense ratio, which is lower than AVGV's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ITOT vs. AVGV - Dividend Comparison

ITOT's dividend yield for the trailing twelve months is around 0.99%, less than AVGV's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGV Avantis All Equity Markets Value ETF	1.60%	1.98%	2.32%	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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 ITOT and AVGV in my portfolio?

ITOT and AVGV 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, ITOT or AVGV?

ITOT has higher volatility (3.80%) compared to AVGV (3.10%). In terms of maximum drawdown, ITOT dropped -55.20% vs AVGV's -17.03%.

Which ETF is better, ITOT or AVGV?

On 3-year performance, ITOT leads with 20.38% vs 20.17% for AVGV. On fees, ITOT is cheaper at 0.03% per year. On volatility, AVGV has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITOT or AVGV?

Over the 3-year period, ITOT has performed better with a 20.38% return vs 20.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITOT or AVGV?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.26% for AVGV.

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

AVGV has the higher dividend yield at 1.60%, compared with 0.99% for ITOT.

What is the main difference between ITOT and AVGV?

ITOT is categorized as Large Cap Blend Equities, while AVGV is Global Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.03% for ITOT and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.69 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.