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ITOT vs. WM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ITOT vs. WM - 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 Waste Management, Inc. (WM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ITOT achieves a 9.09% return, which is significantly higher than WM's -0.81% return. Both investments have delivered pretty close results over the past 10 years, with ITOT having a 14.81% annualized return and WM not far ahead at 15.25%.


ITOT

1D
0.31%
1M
0.42%
YTD
9.09%
6M
8.99%
1Y
24.90%
3Y*
21.07%
5Y*
12.25%
10Y*
14.81%

WM

1D
-1.93%
1M
0.79%
YTD
-0.81%
6M
3.67%
1Y
-7.08%
3Y*
11.63%
5Y*
10.86%
10Y*
15.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITOT vs. WM - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ITOT
iShares Core S&P Total U.S. Stock Market ETF
9.09%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%21.37%
WM
Waste Management, Inc.
-0.81%10.50%14.28%16.20%-4.49%43.82%5.46%30.45%5.32%24.46%

Correlation

The correlation between ITOT and WM is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.13

Correlation (5Y)
Calculated over the trailing 5-year period

0.28

Correlation (10Y)
Calculated over the trailing 10-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Jan 26, 2004

0.51

The correlation between ITOT and WM shifts across timeframes, from -0.11 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

ITOT vs. WM — Risk / Return Rank

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

ITOT
ITOT Risk / Return Rank: 6767
Overall Rank
ITOT Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6666
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6767
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6262
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7575
Martin Ratio Rank

WM
WM Risk / Return Rank: 2424
Overall Rank
WM Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
WM Sortino Ratio Rank: 2222
Sortino Ratio Rank
WM Omega Ratio Rank: 2323
Omega Ratio Rank
WM Calmar Ratio Rank: 2828
Calmar Ratio Rank
WM Martin Ratio Rank: 2323
Martin Ratio Rank
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. WM - 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 Waste Management, Inc. (WM). 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.


ITOTWMDifference
Sharpe ratioReturn per unit of total volatility

+2.39

Sortino ratioReturn per unit of downside risk

+3.12

Omega ratioGain probability vs. loss probability

1.36

0.95

+0.41

Calmar ratioReturn relative to maximum drawdown

2.81

-0.43

+3.24

Martin ratioReturn relative to average drawdown

12.79

-0.95

+13.74

ITOT vs. WM - Sharpe Ratio Comparison

The current ITOT Sharpe Ratio is 2.01, which is higher than the WM Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of ITOT and WM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


ITOTWMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.01

-0.38

+2.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.71

0.59

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.78

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.36

+0.21

Drawdowns

ITOT vs. WM - Drawdown Comparison

The maximum ITOT drawdown since its inception was -55.20%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for ITOT and WM.


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Drawdown Indicators


ITOTWMDifference

Max Drawdown

Largest peak-to-trough decline

-55.20%

-77.85%

+22.65%

Max Drawdown (1Y)

Largest decline over 1 year

-8.90%

-16.72%

+7.82%

Max Drawdown (3Y)

Largest decline over 3 years

-19.44%

-18.14%

-1.30%

Max Drawdown (5Y)

Largest decline over 5 years

-25.36%

-18.14%

-7.22%

Max Drawdown (10Y)

Largest decline over 10 years

-35.00%

-30.07%

-4.93%

Current Drawdown

Current decline from peak

-2.65%

-11.59%

+8.94%

Average Drawdown

Average peak-to-trough decline

-6.97%

-17.69%

+10.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.95%

7.49%

-5.54%

Volatility

ITOT vs. WM - Volatility Comparison

The current volatility for iShares Core S&P Total U.S. Stock Market ETF (ITOT) is 3.91%, while Waste Management, Inc. (WM) has a volatility of 5.91%. This indicates that ITOT experiences smaller price fluctuations and is considered to be less risky than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ITOTWMDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.91%

5.91%

-2.00%

Volatility (6M)

Calculated over the trailing 6-month period

9.56%

13.69%

-4.13%

Volatility (1Y)

Calculated over the trailing 1-year period

12.49%

18.73%

-6.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.40%

18.55%

-1.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.29%

19.51%

-1.22%

Dividends

ITOT vs. WM - Dividend Comparison

ITOT's dividend yield for the trailing twelve months is around 1.00%, less than WM's 1.64% yield.


PositionTTM20252024202320222021202020192018201720162015
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%
WM
Waste Management, Inc.
1.64%1.50%1.49%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%

Frequently Asked Questions


ITOT and WM have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WM has higher volatility (5.91%) compared to ITOT (3.91%). In terms of maximum drawdown, ITOT dropped -55.20% vs WM's -77.85%.

ITOT currently has the higher Sharpe Ratio (2.01 vs -0.38), 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.

Portfolio Optimizer

Find the right allocation for ITOT and WM

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