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ITOT vs. VUG

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

ITOT
$--
vs

Vanguard Growth ETF

VUG
$--

Correlation

0.96
ITOTiShares Core S&P Total U.S. Stock Market ETF
VUGVanguard Growth 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
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ITOT iShares Core S&P Total U.S. Stock Market ETF
VUG Vanguard Growth ETF
Inception date
Jan 20 2004
Jan 26 2004
Expense ratio
0.03%
0.04%
ITOT has a lower expense ratio than VUG by 0.01%. This can indicate that it’s cheaper to invest in ITOT than VUG.
Type
US Equities
US Equities
ITOT targets investing in US Equities, while VUG targets investing in US Equities.
Fund owner
Blackrock (iShares)
Vanguard
ITOT is managed by Blackrock (iShares), while VUG is managed by Vanguard.
Volume (1m avg. daily)
$92,311,586
$205,784,508
Both ITOT and VUG 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
$89,278,316,853
ITOT has more assets under management than VUG by $45,598,940,702. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P Total Market Index
CRSP U.S. Large Cap Growth Index
ITOT is based off of the S&P Total Market Index, while VUG is based off of the CRSP U.S. Large Cap Growth Index
Inverse/Leveraged
No
No
ITOT and VUG 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 VUG 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 VUG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither ITOT nor VUG require a K1.
ITOT and VUG’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 toVUG

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

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.

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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.