IUSV vs. ITOT

Last updated Aug 2, 2026

IUSV (iShares Core S&P U.S. Value ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - IUSV is a Large Cap Value Equities fund tracking the S&P 900 Value 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, IUSV returned 11.91%/yr vs 14.60%/yr for ITOT. Their correlation of 0.91 means they have usually moved in the same direction. IUSV charges 0.04%/yr vs 0.03%/yr for ITOT.

Performance

IUSV vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P U.S. Value ETF (IUSV) 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 investments are quite close, with IUSV having a 10.38% return and ITOT slightly higher at 10.57%. Over the past 10 years, IUSV has underperformed ITOT with an annualized return of 11.91%, while ITOT has yielded a comparatively higher 14.60% annualized return.

IUSV

• 1D: -0.22%
• 1M: 0.64%
• 6M: 7.56%
• YTD: 10.38%
• 1Y: 21.41%
• 3Y*: 13.80%
• 5Y*: 11.39%
• 10Y*: 11.91%
• ALL TIME*: 11.49%

ITOT

• 1D: 0.59%
• 1M: -0.09%
• 6M: 8.89%
• YTD: 10.57%
• 1Y: 21.81%
• 3Y*: 18.94%
• 5Y*: 11.75%
• 10Y*: 14.60%
• ALL TIME*: 10.56%

*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)
ITOT iShares Core S&P Total U.S. Stock Market ETF	$209.16M	$238.83M	$306.83M
IUSV iShares Core S&P U.S. Value ETF	$60.14M	$63.62M	$70.42M

IUSV vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUSV iShares Core S&P U.S. Value ETF	10.38%	12.85%	12.18%	21.73%	-5.40%	25.22%	1.56%	31.47%	-9.21%	15.09%
ITOT iShares Core S&P Total U.S. Stock Market ETF	10.57%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	21.37%

Correlation

The correlation between IUSV and ITOT is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Jan 23, 2004	0.91

The correlation between IUSV and ITOT shifts across timeframes, from 0.73 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

IUSV vs. ITOT - Sectors Allocation Comparison

Sectors	IUSV	ITOT
Technology	20.4%	36.4%
Financial Services	16.1%	11.9%
Healthcare	11.9%	9.5%
Industrials	11.2%	9.9%
Consumer Cyclical	10.0%	9.5%
Consumer Defensive	8.5%	4.3%
Energy	7.3%	3.1%
Utilities	4.4%	2.2%
Real Estate	3.8%	2.3%
Basic Materials	3.6%	1.9%
Communication Services	2.7%	9.1%

Return for Risk

IUSV vs. ITOT — Risk / Return Rank

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

IUSV

IUSV Risk / Return Rank: 85
IUSV Sharpe Ratio Rank: 85
IUSV Sortino Ratio Rank: 85
IUSV Omega Ratio Rank: 84
IUSV Calmar Ratio Rank: 84
IUSV Martin Ratio Rank: 86

ITOT

ITOT Risk / Return Rank: 67
ITOT Sharpe Ratio Rank: 67
ITOT Sortino Ratio Rank: 64
ITOT Omega Ratio Rank: 64
ITOT Calmar Ratio Rank: 65
ITOT Martin Ratio Rank: 77

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.

IUSV vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P U.S. Value ETF (IUSV) 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.

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.

	IUSV	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.51	+0.47
Sortino ratio: Return per unit of downside risk	2.78	2.10	+0.67
Omega ratio: Gain probability vs. loss probability	1.36	1.27	+0.09
Calmar ratio: Return relative to maximum drawdown	3.13	2.23	+0.90
Martin ratio: Return relative to average drawdown	12.16	9.56	+2.60

IUSV vs. ITOT - Sharpe Ratio Comparison

The current IUSV Sharpe Ratio is 1.98, which is higher than the ITOT Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of IUSV 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.

Drawdowns

IUSV vs. ITOT - Drawdown Comparison

The maximum IUSV drawdown since its inception was -56.88%, roughly equal to the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for IUSV and ITOT.

Drawdown Indicators

	IUSV	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-56.88%	-55.20%	-1.68%
Max Drawdown (1Y) Largest decline over 1 year	-6.36%	-8.90%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-17.76%	-19.44%	+1.68%
Max Drawdown (5Y) Largest decline over 5 years	-17.95%	-25.36%	+7.41%
Max Drawdown (10Y) Largest decline over 10 years	-37.54%	-35.00%	-2.54%
Current Drawdown Current decline from peak	-1.12%	-1.34%	+0.22%
Average Drawdown Average peak-to-trough decline	-6.26%	-6.93%	+0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	2.07%	-0.43%

Volatility

IUSV vs. ITOT - Volatility Comparison

The current volatility for iShares Core S&P U.S. Value ETF (IUSV) is 2.67%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 3.52%. This indicates that IUSV experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUSV	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	3.52%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	10.27%	-3.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.10%	13.14%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.45%	17.47%	-3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	18.27%	-1.28%

IUSV vs. ITOT - Expense Ratio Comparison

IUSV 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

IUSV vs. ITOT - Dividend Comparison

IUSV's dividend yield for the trailing twelve months is around 1.66%, more than ITOT's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.01%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
IUSV iShares Core S&P U.S. Value ETF	1.66%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%

Frequently Asked Questions

Can I hold both IUSV and ITOT in my portfolio?

IUSV and ITOT have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IUSV or ITOT?

ITOT has higher volatility (3.52%) compared to IUSV (2.67%). In terms of maximum drawdown, IUSV dropped -56.88% vs ITOT's -55.20%.

Which ETF is better, IUSV or ITOT?

On 10-year performance, ITOT leads with 14.60% vs 11.91% for IUSV. On fees, ITOT is cheaper at 0.03% per year. On volatility, IUSV has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IUSV or ITOT?

Over the 10-year period, ITOT has performed better with a 14.60% return vs 11.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IUSV or ITOT?

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

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

IUSV has the higher dividend yield at 1.66%, compared with 1.01% for ITOT.

What is the main difference between IUSV and ITOT?

IUSV is categorized as Large Cap Value Equities, while ITOT is Large Cap Blend Equities. IUSV tracks S&P 900 Value Index, while ITOT tracks S&P Total Market Index. Their fees differ too: 0.04% for IUSV and 0.03% for ITOT.

Which has better risk-adjusted returns?

IUSV currently has the higher Sharpe Ratio (1.98 vs 1.51), 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.