Skip to Content

ITOT vs. ARKG

iShares Core S&P Total U.S. Stock Market ETF

ITOT
$--
vs

ARK Genomic Revolution ETF

ARKG
$--

Correlation

0.75
ITOTiShares Core S&P Total U.S. Stock Market ETF
ARKGARK Genomic Revolution ETF

What is ITOT?

The iShares Core S&P Total U.S. Stock Market ETF seeks to track the investment results of S&P Total Market Index.The S&P Total Market Index (TMI) is designed to track the broad equity market, including large-, mid-, small-, and micro-cap stocks. The index includes all common equities listed on the NYSE (including NYSE Arca and NYSE MKT), the NASDAQ Global Select Market, the NASDAQ Global Market, and the NASDAQ Capital Market. The S&P 500 and the S&P Completion Index are subsets of the S&P TMI.

Snapshot
**

ITOT iShares Core S&P Total U.S. Stock Market ETF
ARKG ARK Genomic Revolution ETF
Inception date
Jan 20 2004
Oct 31 2014
Expense ratio
0.03%
0.75%
ITOT has a lower expense ratio than ARKG by 0.72%. This can indicate that it’s cheaper to invest in ITOT than ARKG.
Type
US Equities
Global Equities
ITOT targets investing in US Equities, while ARKG targets investing in Global Equities.
Fund owner
Blackrock (iShares)
ARK Funds
ITOT is managed by Blackrock (iShares), while ARKG is managed by ARK Funds.
Volume (1m avg. daily)
$92,311,586
$36,384,198
Both ITOT and ARKG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$43,679,376,151
$1,743,388,571
ITOT has more assets under management than ARKG by $41,935,987,580. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Total Market Index
None
ITOT is based off of the S&P Total Market Index, while ARKG is based off of the undefined
Inverse/Leveraged
No
No
ITOT and ARKG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Active
ITOT uses a Passive investing strategy, while ARKG uses a Active investing strategy.
Dividend
No
No
ITOT and ARKG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ITOT nor ARKG require a K1.
ITOT and ARKG’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toITOT

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Automated Strategies
Related toARKG

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.