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ETF Comparisons

SPY vs. ITOT

SPDR S&P 500 ETF Trust

SPY
$--
vs

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

ITOT
$--

Correlation

1.00

Compare with

Top 10 comparisons with SPY:
Compare:
SPY
Correlation
With:
ITOT
iShares Core S&P Total U.S. Stock Market ETF
1.00
SwitchSSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00IVVBlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00VOOVanguard Group, Inc. - Vanguard S&P 500 ETF1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00IWBBlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF1.00

Top 10 shared holdings

Invest with SPY
Learn more about ITOT
SPYSPDR S&P 500 ETF Trust
ITOTiShares Core S&P Total U.S. Stock Market ETF

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

Snapshot
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SPY SPDR S&P 500 ETF Trust
ITOT iShares Core S&P Total U.S. Stock Market ETF
Inception date
Jan 22 1993
Jan 20 2004
Expense ratio
0.09%
0.03%
SPY has a higher expense ratio than ITOT by 0.06%. This can indicate that it’s more expensive to invest in SPY than ITOT.
Type
US Equities
US Equities
SPY targets investing in US Equities, while ITOT targets investing in US Equities.
Fund owner
State Street (SPDR)
Blackrock (iShares)
SPY is managed by State Street (SPDR), while ITOT is managed by Blackrock (iShares).
Volume (1m avg. daily)
$33,257,618,740
$92,311,586
Both SPY and ITOT 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
$400,404,126,565
$43,679,376,151
SPY has more assets under management than ITOT by $356,724,750,414. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
S&P Total Market Index
SPY is based off of the S&P 500 Index, while ITOT is based off of the S&P Total Market Index
Inverse/Leveraged
No
No
SPY and ITOT 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
SPY and ITOT 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
SPY and ITOT may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while ITOT does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.
SPY and ITOT’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 toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toITOT

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

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.