MA vs. ITOT

Last updated Jun 9, 2026

MA (Mastercard Incorporated) is a stock, while ITOT (iShares Core S&P Total U.S. Stock Market ETF) is Large Cap Blend Equities fund tracking the S&P Total Market Index. Over the past 10 years, MA returned 18.40%/yr vs 14.81%/yr for ITOT. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

MA vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mastercard Incorporated (MA) 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

In the year-to-date period, MA achieves a -14.65% return, which is significantly lower than ITOT's 9.09% return. Over the past 10 years, MA has outperformed ITOT with an annualized return of 18.40%, while ITOT has yielded a comparatively lower 14.81% annualized return.

MA

• 1D: -1.10%
• 1M: -1.98%
• YTD: -14.65%
• 6M: -9.84%
• 1Y: -17.21%
• 3Y*: 10.21%
• 5Y*: 6.59%
• 10Y*: 18.40%

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%

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

MA vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MA Mastercard Incorporated	-14.65%	9.04%	24.17%	23.40%	-2.66%	1.16%	20.19%	59.16%	25.31%	47.69%
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%

Correlation

The correlation between MA and ITOT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 26, 2006	0.62

Over the past year, the correlation between MA and ITOT has dropped to 0.30 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

MA vs. ITOT — Risk / Return Rank

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

MA

MA Risk / Return Rank: 9
MA Sharpe Ratio Rank: 10
MA Sortino Ratio Rank: 12
MA Omega Ratio Rank: 13
MA Calmar Ratio Rank: 10
MA Martin Ratio Rank: 3

ITOT

ITOT Risk / Return Rank: 67
ITOT Sharpe Ratio Rank: 68
ITOT Sortino Ratio Rank: 66
ITOT Omega Ratio Rank: 67
ITOT Calmar Ratio Rank: 62
ITOT Martin Ratio Rank: 75

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.

MA vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) 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.

	MA	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	2.01	-2.78
Sortino ratio: Return per unit of downside risk	-0.97	2.71	-3.68
Omega ratio: Gain probability vs. loss probability	0.88	1.36	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.83	2.81	-3.64
Martin ratio: Return relative to average drawdown	-1.68	12.79	-14.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MA vs. ITOT - Sharpe Ratio Comparison

The current MA Sharpe Ratio is -0.78, which is lower than the ITOT Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of MA 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.

Sharpe Ratios by Period

	MA	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.78	2.01	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.71	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.81	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.57	+0.26

Drawdowns

MA vs. ITOT - Drawdown Comparison

The maximum MA drawdown since its inception was -62.67%, which is greater than ITOT's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for MA and ITOT.

Drawdown Indicators

	MA	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-62.67%	-55.20%	-7.47%
Max Drawdown (1Y) Largest decline over 1 year	-20.91%	-8.90%	-12.01%
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	-19.44%	-1.47%
Max Drawdown (5Y) Largest decline over 5 years	-28.25%	-25.36%	-2.89%
Max Drawdown (10Y) Largest decline over 10 years	-41.00%	-35.00%	-6.00%
Current Drawdown Current decline from peak	-18.55%	-2.65%	-15.90%
Average Drawdown Average peak-to-trough decline	-9.82%	-6.97%	-2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	1.95%	+8.31%

Volatility

MA vs. ITOT - Volatility Comparison

Mastercard Incorporated (MA) has a higher volatility of 6.33% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 3.91%. This indicates that MA's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MA	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	3.91%	+2.42%
Volatility (6M) Calculated over the trailing 6-month period	17.37%	9.56%	+7.81%
Volatility (1Y) Calculated over the trailing 1-year period	22.28%	12.49%	+9.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.99%	17.40%	+6.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.93%	18.29%	+8.64%

Dividends

MA vs. ITOT - Dividend Comparison

MA's dividend yield for the trailing twelve months is around 0.67%, less than ITOT's 1.00% 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	1.00%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
MA Mastercard Incorporated	0.67%	0.53%	0.50%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%

Frequently Asked Questions

Can I hold both MA and ITOT in my portfolio?

MA and ITOT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MA or ITOT?

MA has higher volatility (6.33%) compared to ITOT (3.91%). In terms of maximum drawdown, MA dropped -62.67% vs ITOT's -55.20%.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (2.01 vs -0.78), 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.