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ITOT vs. TIP

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

ITOT
$--
vs

iShares TIPS Bond ETF

TIP
$--

Correlation

0.29
ITOTiShares Core S&P Total U.S. Stock Market ETF
TIPiShares TIPS Bond 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
TIP iShares TIPS Bond ETF
Inception date
Jan 20 2004
Dec 04 2003
Expense ratio
0.03%
0.19%
ITOT has a lower expense ratio than TIP by 0.16%. This can indicate that it’s cheaper to invest in ITOT than TIP.
Type
US Equities
US Bonds
ITOT targets investing in US Equities, while TIP targets investing in US Bonds.
Fund owner
Blackrock (iShares)
Blackrock (iShares)
ITOT is managed by Blackrock (iShares), while TIP is managed by Blackrock (iShares).
Volume (1m avg. daily)
$92,311,586
$275,002,281
Both ITOT and TIP 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
$21,035,302,259
ITOT has more assets under management than TIP by $22,644,073,892. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Total Market Index
ICE US Treasury Inflation Linked Bond Index
ITOT is based off of the S&P Total Market Index, while TIP is based off of the ICE US Treasury Inflation Linked Bond Index
Inverse/Leveraged
No
No
ITOT and TIP 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
Passive
ITOT and TIP both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
ITOT and TIP may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ITOT nor TIP require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toITOT

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Automated Strategies
Related toTIP

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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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.