ITOT vs. CNAV

Last updated Jun 5, 2026

ITOT (iShares Core S&P Total U.S. Stock Market ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. ITOT is passively managed, while CNAV is actively managed. Over the past year, ITOT returned 28.81% vs 69.75% for CNAV. A 0.80 correlation means they provide meaningful diversification when combined. ITOT charges 0.03%/yr vs 1.31%/yr for CNAV.

Performance

ITOT vs. CNAV - 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 Mohr Company Nav ETF (CNAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITOT achieves a 11.78% return, which is significantly lower than CNAV's 45.35% return.

ITOT

• 1D: 0.48%
• 1M: 4.64%
• YTD: 11.78%
• 6M: 11.52%
• 1Y: 28.81%
• 3Y*: 22.39%
• 5Y*: 12.80%
• 10Y*: 15.01%

CNAV

• 1D: -1.30%
• 1M: 15.60%
• YTD: 45.35%
• 6M: 44.98%
• 1Y: 69.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITOT vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ITOT iShares Core S&P Total U.S. Stock Market ETF	11.78%	17.00%	3.69%
CNAV Mohr Company Nav ETF	45.35%	16.80%	6.34%

Correlation

The correlation between ITOT and CNAV is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.80

The correlation between ITOT and CNAV has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.

Return for Risk

ITOT vs. CNAV — Risk / Return Rank

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

ITOT

ITOT Risk / Return Rank: 73
ITOT Sharpe Ratio Rank: 74
ITOT Sortino Ratio Rank: 73
ITOT Omega Ratio Rank: 72
ITOT Calmar Ratio Rank: 66
ITOT Martin Ratio Rank: 78

CNAV

CNAV Risk / Return Rank: 85
CNAV Sharpe Ratio Rank: 86
CNAV Sortino Ratio Rank: 80
CNAV Omega Ratio Rank: 79
CNAV Calmar Ratio Rank: 90
CNAV Martin Ratio Rank: 92

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. CNAV - 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 Mohr Company Nav ETF (CNAV). 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	CNAV	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.79	-0.42
Sortino ratio: Return per unit of downside risk	3.24	3.50	-0.26
Omega ratio: Gain probability vs. loss probability	1.43	1.46	-0.04
Calmar ratio: Return relative to maximum drawdown	3.25	5.40	-2.15
Martin ratio: Return relative to average drawdown	14.92	23.12	-8.20
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. CNAV - Sharpe Ratio Comparison

The current ITOT Sharpe Ratio is 2.37, which is comparable to the CNAV Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of ITOT and CNAV, 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	CNAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.79	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.57	-1.00

Drawdowns

ITOT vs. CNAV - Drawdown Comparison

The maximum ITOT drawdown since its inception was -55.20%, which is greater than CNAV's maximum drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for ITOT and CNAV.

Drawdown Indicators

	ITOT	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-55.20%	-30.06%	-25.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-12.97%	+4.07%
Max Drawdown (3Y) Largest decline over 3 years	-19.44%	—	—
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	-0.25%	-1.30%	+1.05%
Average Drawdown Average peak-to-trough decline	-6.97%	-5.41%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	3.03%	-1.09%

Volatility

ITOT vs. CNAV - Volatility Comparison

The current volatility for iShares Core S&P Total U.S. Stock Market ETF (ITOT) is 2.94%, while Mohr Company Nav ETF (CNAV) has a volatility of 12.10%. This indicates that ITOT experiences smaller price fluctuations and is considered to be less risky than CNAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITOT	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.94%	12.10%	-9.16%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	21.09%	-11.95%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	25.12%	-12.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	27.15%	-9.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	27.15%	-8.89%

ITOT vs. CNAV - Expense Ratio Comparison

ITOT has a 0.03% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

ITOT vs. CNAV - Dividend Comparison

ITOT's dividend yield for the trailing twelve months is around 0.97%, while CNAV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNAV Mohr Company Nav ETF	0.00%	0.00%	0.00%	0.00%	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	0.97%	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 CNAV in my portfolio?

ITOT and CNAV have a correlation of 0.77, 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 CNAV?

CNAV has higher volatility (12.10%) compared to ITOT (2.94%). In terms of maximum drawdown, ITOT dropped -55.20% vs CNAV's -30.06%.

Which ETF is better, ITOT or CNAV?

On 1-year performance, CNAV leads with 69.75% vs 28.81% for ITOT. On fees, ITOT is cheaper at 0.03% per year. On volatility, ITOT has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITOT or CNAV?

Over the 1-year period, CNAV has performed better with a 69.75% return vs 28.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITOT or CNAV?

ITOT is cheaper with a 0.03% expense ratio, compared with 1.31% for CNAV.

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

ITOT has the higher dividend yield at 0.97%, compared with 0.00% for CNAV.

What is the main difference between ITOT and CNAV?

They also come from different issuers: iShares and Mohr. Their fees differ too: 0.03% for ITOT and 1.31% for CNAV.

Which has better risk-adjusted returns?

CNAV currently has the higher Sharpe Ratio (2.79 vs 2.37), 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.