SPTM vs. ITOT
Compare and contrast key facts about SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
SPTM and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTM is a passively managed fund by State Street that tracks the performance of the S&P Composite 1500 Index. It was launched on Oct 4, 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 SPTM 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: SPTM or ITOT.
Key characteristics
| SPTM | ITOT | |
|---|---|---|
| YTD Return | 6.82% | 6.47% |
| 1Y Return | 24.55% | 25.05% |
| 3Y Return (Ann) | 7.93% | 6.53% |
| 5Y Return (Ann) | 13.14% | 12.67% |
| 10Y Return (Ann) | 12.24% | 12.06% |
| Sharpe Ratio | 2.29 | 2.25 |
| Daily Std Dev | 11.76% | 12.15% |
| Max Drawdown | -54.80% | -55.21% |
| Current Drawdown | -2.99% | -3.09% |
Correlation
The correlation between SPTM and ITOT is 0.94, 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.
Performance
SPTM vs. ITOT - Performance Comparison
In the year-to-date period, SPTM achieves a 6.82% return, which is significantly higher than ITOT's 6.47% return. Both investments have delivered pretty close results over the past 10 years, with SPTM having a 12.24% annualized return and ITOT not far behind at 12.06%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPTM vs. ITOT - Expense Ratio Comparison
Both SPTM 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%.
Risk-Adjusted Performance
SPTM vs. ITOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) 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
SPTM vs. ITOT - Dividend Comparison
SPTM's dividend yield for the trailing twelve months is around 1.38%, more than ITOT's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF | 1.38% | 1.44% | 1.69% | 1.25% | 1.56% | 1.72% | 1.90% | 1.66% | 1.91% | 1.92% | 2.08% | 1.63% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.35% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
SPTM vs. ITOT - Drawdown Comparison
The maximum SPTM drawdown since its inception was -54.80%, roughly equal to the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for SPTM and ITOT. For additional features, visit the drawdowns tool.
Volatility
SPTM vs. ITOT - Volatility Comparison
The current volatility for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is 3.52%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 3.71%. This indicates that SPTM 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.