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VOO vs. ITOT

Vanguard S&P 500 ETF

VOO
$--
vs

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

ITOT
$--

Correlation

1.00
VOOVanguard S&P 500 ETF
ITOTiShares Core S&P Total U.S. Stock Market ETF

What is VOO?

Invests in stocks in the S&P 500 Index representing 500 of the largest U.S. companies. Goal is to closely track the index return which is considered a gauge of overall U.S. stock returns. Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your moneys growth is essential.

Snapshot
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VOO Vanguard S&P 500 ETF
ITOT iShares Core S&P Total U.S. Stock Market ETF
Inception date
Sep 07 2010
Jan 20 2004
Expense ratio
0.03%
0.03%
VOO and ITOT have the same expense ratio, meaning it’s equally as costly to invest in either one.
Type
US Equities
US Equities
VOO targets investing in US Equities, while ITOT targets investing in US Equities.
Fund owner
Vanguard
Blackrock (iShares)
VOO is managed by Vanguard, while ITOT is managed by Blackrock (iShares).
Volume (1m avg. daily)
$1,621,694,598
$92,311,586
Both VOO 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
$325,714,712,538
$43,679,376,151
VOO has more assets under management than ITOT by $282,035,336,387. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
S&P Total Market Index
VOO 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
VOO 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
VOO 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
VOO and ITOT may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither VOO nor ITOT require a K1.
VOO 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.

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Category

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Risk Rating

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Risk Rating

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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.