IVV vs. ITOT
Compare and contrast key facts about iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
IVV and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both IVV and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVV or ITOT.
Performance
IVV vs. ITOT - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with IVV having a 26.56% return and ITOT slightly lower at 26.27%. Both investments have delivered pretty close results over the past 10 years, with IVV having a 13.20% annualized return and ITOT not far behind at 12.82%.
IVV
26.56%
3.04%
13.24%
32.78%
15.74%
13.20%
ITOT
26.27%
4.08%
14.07%
33.69%
15.18%
12.82%
Key characteristics
| IVV | ITOT | |
|---|---|---|
| Sharpe Ratio | 2.70 | 2.68 |
| Sortino Ratio | 3.60 | 3.57 |
| Omega Ratio | 1.50 | 1.49 |
| Calmar Ratio | 3.90 | 3.97 |
| Martin Ratio | 17.52 | 17.14 |
| Ulcer Index | 1.87% | 1.97% |
| Daily Std Dev | 12.16% | 12.56% |
| Max Drawdown | -55.25% | -55.21% |
| Current Drawdown | -0.52% | -0.37% |
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IVV vs. ITOT - Expense Ratio Comparison
Both IVV and ITOT have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between IVV and ITOT is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IVV vs. ITOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 ETF (IVV) 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.
Dividends
IVV vs. ITOT - Dividend Comparison
IVV's dividend yield for the trailing twelve months is around 1.24%, more than ITOT's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.20% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
IVV vs. ITOT - Drawdown Comparison
The maximum IVV drawdown since its inception was -55.25%, roughly equal to the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for IVV and ITOT. For additional features, visit the drawdowns tool.
Volatility
IVV vs. ITOT - Volatility Comparison
iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 3.98% and 4.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.