ITOT vs. AVIE

Last updated Jun 6, 2026

ITOT (iShares Core S&P Total U.S. Stock Market ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. ITOT is passively managed, while AVIE is actively managed. Over the past 3 years, ITOT returned 21.07%/yr vs 13.34%/yr for AVIE. A 0.56 correlation means they provide meaningful diversification when combined. ITOT charges 0.03%/yr vs 0.25%/yr for AVIE.

Performance

ITOT vs. AVIE - 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 Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITOT achieves a 8.76% return, which is significantly lower than AVIE's 13.51% return.

ITOT

• 1D: -2.71%
• 1M: 0.38%
• YTD: 8.76%
• 6M: 8.31%
• 1Y: 25.86%
• 3Y*: 21.07%
• 5Y*: 12.18%
• 10Y*: 14.67%

AVIE

• 1D: -0.28%
• 1M: 1.20%
• YTD: 13.51%
• 6M: 14.59%
• 1Y: 25.64%
• 3Y*: 13.34%
• 5Y*: —
• 10Y*: —

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

ITOT vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ITOT iShares Core S&P Total U.S. Stock Market ETF	8.76%	17.00%	23.80%	26.12%	5.68%
AVIE Avantis Inflation Focused Equity ETF	13.51%	11.37%	6.17%	4.19%	14.70%

Correlation

The correlation between ITOT and AVIE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.56

Over the past year, the correlation between ITOT and AVIE has dropped to 0.31 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.

ITOT vs. AVIE - Sectors Allocation Comparison

Sectors	ITOT	AVIE
Technology	33.8%	0.1%
Financial Services	12.1%	15.0%
Communication Services	10.3%	-
Consumer Cyclical	10.1%	0.1%
Industrials	9.5%	1.1%
Healthcare	9.0%	26.3%
Consumer Defensive	4.7%	17.1%
Energy	3.7%	30.1%
Real Estate	2.4%	0.1%
Utilities	2.3%	0.1%
Basic Materials	2.1%	9.8%

Return for Risk

ITOT vs. AVIE — Risk / Return Rank

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

ITOT

ITOT Risk / Return Rank: 64
ITOT Sharpe Ratio Rank: 64
ITOT Sortino Ratio Rank: 61
ITOT Omega Ratio Rank: 63
ITOT Calmar Ratio Rank: 60
ITOT Martin Ratio Rank: 72

AVIE

AVIE Risk / Return Rank: 85
AVIE Sharpe Ratio Rank: 84
AVIE Sortino Ratio Rank: 87
AVIE Omega Ratio Rank: 81
AVIE Calmar Ratio Rank: 89
AVIE Martin Ratio Rank: 83

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.

ITOT vs. AVIE - 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 Inflation Focused Equity ETF (AVIE). 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.

	ITOT	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.61	-0.53
Sortino ratio: Return per unit of downside risk	2.80	3.75	-0.94
Omega ratio: Gain probability vs. loss probability	1.37	1.46	-0.09
Calmar ratio: Return relative to maximum drawdown	2.92	5.18	-2.27
Martin ratio: Return relative to average drawdown	13.34	15.91	-2.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITOT vs. AVIE - Sharpe Ratio Comparison

The current ITOT Sharpe Ratio is 2.08, which is comparable to the AVIE Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of ITOT and AVIE, 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

	ITOT	AVIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	2.61	-0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.06	-0.50

Drawdowns

ITOT vs. AVIE - Drawdown Comparison

The maximum ITOT drawdown since its inception was -55.20%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for ITOT and AVIE.

Drawdown Indicators

	ITOT	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-55.20%	-12.39%	-42.81%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-4.97%	-3.93%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	-12.39%	-7.05%
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	-2.95%	-0.74%	-2.21%
Average Drawdown Average peak-to-trough decline	-6.97%	-3.03%	-3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	1.62%	+0.32%

Volatility

ITOT vs. AVIE - Volatility Comparison

iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a higher volatility of 3.93% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.07%. This indicates that ITOT's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITOT	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	3.07%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	9.56%	7.18%	+2.38%
Volatility (1Y) Calculated over the trailing 1-year period	12.51%	9.89%	+2.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.39%	12.94%	+4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.28%	12.94%	+5.34%

ITOT vs. AVIE - Expense Ratio Comparison

ITOT has a 0.03% expense ratio, which is lower than AVIE's 0.25% 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. AVIE - Dividend Comparison

ITOT's dividend yield for the trailing twelve months is around 1.00%, less than AVIE's 1.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.44%	1.75%	1.89%	3.72%	0.39%	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	1.00%	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 AVIE in my portfolio?

ITOT and AVIE have a correlation of 0.31, 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 AVIE?

ITOT has higher volatility (3.93%) compared to AVIE (3.07%). In terms of maximum drawdown, ITOT dropped -55.20% vs AVIE's -12.39%.

Which ETF is better, ITOT or AVIE?

On 3-year performance, ITOT leads with 21.07% vs 13.34% for AVIE. On fees, ITOT is cheaper at 0.03% per year. On volatility, AVIE has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITOT or AVIE?

Over the 3-year period, ITOT has performed better with a 21.07% return vs 13.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITOT or AVIE?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.25% for AVIE.

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

AVIE has the higher dividend yield at 1.44%, compared with 1.00% for ITOT.

What is the main difference between ITOT and AVIE?

They also come from different issuers: iShares and Avantis. Their fees differ too: 0.03% for ITOT and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.61 vs 2.08), 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.