ITOT vs SPTM: Grades, Fees and Holdings Compared

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

ITOTANYSE Arca

State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

SPTMANYSE Arca

Overlap

95.3%by weight

Expense ratio

ITOT0.03%SPTM0.03%

Avg volume · 30D

ITOT 3.2×the volume

ITOT1.5MSPTM467K

10Y return · a year

SPTM +0.3pt

ITOT+15.0%SPTM+15.3%

ITOT vs SPTM Performance

Nov 3, 2021 – Nov 3, 2026

+65.4%ITOT+70.8%SPTM

Expense ratio: ITOT 0.03%; SPTM 0.03%
Fund size: ITOT $95.1B; SPTM $14B
1Y total return: ITOT +11.6%; SPTM +12.0%, better
Yield (12M): ITOT 1.02%; SPTM 1.07%, better
Holdings: ITOT 2431; SPTM 1509
Avg volume (30D): ITOT 1.5M sh, better; SPTM 467K sh
NAV per share: ITOT $164.10; SPTM $91.14
52W range

ETF.net Grade

Pillar letters and Scores for ITOT, SPTM, with each pillar’s weight
Pillar	ITOT	SPTM
Cost30% weight	A75	A75
Mission25% weight	A100	A100
Risk15% weight	C50	B57Higher
Tradability15% weight	A83Higher	B69
Holdings10% weight	A74Higher	C49
Durability5% weight	A80Higher	B63

Rank among Total US Market funds

How we build Categories ›

Same Category. ITOT and SPTM are both graded against the same 10 Total US Market funds, so their Grades compare head to head.

Total US Market⁠

Category · 10 funds

See all 10 ›

ITOT ranks 1st and SPTM 3rd of 10 funds in the Total US Market Category.

Rank 1AITOTiShares Core S&P Total U.S. Stock Market ETFScore 78
Rank 2ASCHBSchwab U.S. Broad Market ETFScore 76
Rank 3ASPTMState Street SPDR Portfolio S&P 1500 Composite Stock Market ETFScore 74
Rank 4AVTIVanguard Morningstar Total Stock Market ETFScore 73

Our read on each fund

ETF.net Research

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

SPTMAState Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

In short

ITOT The S&P family's answer to total-market indexing: large, mid and small U.S. stocks in one 0.03% wrapper, running since 2004. Same fee as the Vanguard and Schwab giants, a different index rulebook.

SPTM One ticker for the whole US market ladder: about 1,500 large, mid and small caps from S&P's composite index at 3 basis points. Running since 2000, at half the fee of the typical total-market rival.

Stated mandate

ITOT The fund seeks to track the performance of the S&P Composite 1500, representing U.S. stocks across market capitalizations.

SPTM The fund seeks to provide investment results that generally correspond to the total return of the S&P Composite 1500 Index, offering broad U.S. equity exposure across market capitalizations.

Why people hold it

ITOT 0.03% a year, matching the category's biggest names (VTI, SCHB) and sitting below what the typical fund in this group charges.
One index, no tilts: U.S. stocks across market caps in cap-weight order. The mandate it prints is the mandate it runs.
Trading since 2004 and now a multi-billion-dollar fund with active daily volume, so spreads are rarely the story.
Plain 1940 Act fund structure, cash paid out quarterly.

SPTM 0.03% a year, half the 0.06% median for total-market rivals. In a category where cost is most of the argument, it sits in the cheap tier.
One job, done plainly: large, mid and small cap US stocks in a single wrapper, about 1,500 names, no sector bets or style tilts, and it has tracked its index closely.
Launched in 2000, so it has traded through the dot-com bust, 2008 and 2020. A multi-billion-dollar fund that changes hands actively every day.
Stands in the upper half of its total-market peer group next to VTI, SCHB and ITOT, and matches ITOT's declared index at the same 0.03% fee.

Worth knowing

ITOT Cap weighting puts the megacaps in the driver's seat; the long tail of smaller names is a thin slice of the basket.
SPTM tracks the same declared index at the same 0.03% fee, so the pick comes down to platform, spreads and existing tax lots.
All-equity and all-U.S. by design: no bonds, no foreign stocks in the wrapper.

SPTM Liquidity is solid rather than category-leading. The largest total-market funds trade heavier, so spreads here can run a little wider on big or hurried orders.
US only. International stocks sit outside the mandate, so global exposure has to come from somewhere else in the portfolio.
Owning the whole US market means owning its drawdowns: no buffer, no hedge, no cash cushion. Cash comes back as a quarterly distribution.

Full ITOT profile⁠

Full SPTM profile⁠

ITOT vs SPTM Holdings

How ITOT and SPTM differ

Overlap by weight

95.3%

Shared holdings make up 99.7% of SPTM and 96.0% of ITOT.

Level by level

Holdings1,499 in both95.3%
Sector11 Sectors99.3%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in ITOT and SPTM, widest gap first
Sector	Gap	ITOT	SPTM
Health Care	ITOT +0.5 points	10.3%	9.8%
Consumer Discretionary	SPTM +0.3 points	8.9%	9.2%
Technology	SPTM +0.3 points	36.5%	36.8%
Communication	ITOT +0.2 points	8.6%	8.4%
Consumer Staples	SPTM +0.2 points	4.5%	4.7%
Energy	Same weight	3.9%	3.9%
Utilities	Same weight	2.0%	2.0%
Financials	Same weight	12.2%	12.2%
Real Estate	Same weight	2.1%	2.1%
Industrials	Same weight	9.0%	9.0%
Materials	Same weight	2.0%	2.0%

Country, concentration and asset class

Country by domicile

Country weights in ITOT and SPTM, widest gap first
Country	Gap	ITOT	SPTM
United States	SPTM +0.1 points	99.4%	99.5%
Switzerland	ITOT +0.1 points	0.3%	0.2%
United Kingdom	Same weight	0.1%	0.1%
China	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Brazil	Same weight	0.0%	0.0%
Sweden	Same weight	0.0%	0.0%
India	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

ITOT33.2%
SPTM34.2%

Securities held

ITOT2,427
SPTM1,506

Asset class

ITOT: Equity
SPTM: Equity

Holdings

Only in ITOT928
In both1,499
Only in SPTM7

Only in ITOT

928 securities, 3.8% of ITOT by weight

Space Exploration Technologies Cor0.25%
Snowflake0.14%
Cloudflare Class A0.12%
Cheniere Energy0.09%
Natera0.08%
Strategy Inc Class A0.06%
Astera Labs0.06%
Revolution Medicines0.05%
Kenvue0.05%
Sunbelt Rentals Holdings Inc0.05%
Atlassian Corp Class A0.04%
Royalty Pharma PLC Class A0.04%
Rocket Lab Corp0.04%
Roblox Class A0.04%
Mongodb Class A0.04%
Credo Technology Group Holding Ltd0.03%
Zoom Communications Class A0.03%
Zscaler0.03%
Insmed0.03%
Guardant Health0.03%
Markel Group0.03%
Lpl Financial Holdings0.03%
Alnylam Pharmaceuticals0.03%
Affirm Holdings Class A0.03%
Sofi Technologies0.03%
Amrize AG0.03%
Coreweave Class A0.03%
First Citizens Bancshares Class A0.03%
Liberty Media Series C0.03%
Rubrik Class A0.03%
Heico Class A0.03%
Coupang Class A0.03%
Ftai Aviation0.03%
Ss and C Technologies Holdings0.02%
Medline Class A0.02%
Samsara Class A0.02%
James Hardie Industries PLC0.02%
Circle Internet Group Inc Class A0.02%
Tradeweb Markets Inc Class A0.02%
Unity Software0.02%
Wayfair Class A0.02%
Bridgebio Pharma0.02%
Rocket Companies Inc Class A0.02%
Ast Spacemobile Class A0.02%
Bitmine Immersion Technologies0.02%
Ionq0.02%
Rivian Automotive Class A0.02%
Flutter Entertainment PLC0.02%
Qxo0.02%
Heico0.02%

Only in SPTM

7 securities, 0.0% of SPTM by weight

Pitney Bowes Inc<0.01%
Preferred Bank/Los Angeles<0.01%
Central Pacific Financial Co<0.01%
Hanmi Financial Corporation<0.01%
Central Garden & Pet Co<0.01%
Contra Apellis Pharmac0.00%
Contra Hologic Incorpo0.00%

Weight gaps

The 100 widest of 1,499 Holdings in both funds.

Holding weights in ITOT and SPTM, widest gap first
Holding	Gap	ITOT	SPTM
Amazon.com IncAMZN	SPTM +0.22 points	3.21%	3.43%
NVIDIANVDA	SPTM +0.19 points	6.75%	6.94%
AppleAAPL	SPTM +0.16 points	6.85%	7.01%
Berkshire Hathaway Inc Class BBRK.B	SPTM +0.09 points	1.38%	1.47%
Alphabet Class AGOOGL	SPTM +0.08 points	2.24%	2.32%
Tesla IncTSLA	SPTM +0.09 points	1.53%	1.62%
Alphabet Class CGOOG	SPTM +0.08 points	1.80%	1.88%
Visa Class AV	SPTM +0.07 points	0.96%	1.03%
MicrosoftMSFT	SPTM +0.07 points	5.28%	5.35%
JPMorgan Chase & CoJPM	SPTM +0.07 points	1.22%	1.29%
Eli LillyLLY	SPTM +0.07 points	1.54%	1.61%
Broadcom IncAVGO	SPTM +0.06 points	2.11%	2.17%
Mastercard Class AMA	SPTM +0.06 points	0.70%	0.76%
Kimberly ClarkKMB	SPTM +0.05 points	0.05%	0.10%
Meta Platforms Class AMETA	SPTM +0.05 points	1.85%	1.90%
WalmartWMT	SPTM +0.05 points	0.75%	0.80%
Costco Wholesale CorpCOST	SPTM +0.05 points	0.61%	0.66%
Ge AerospaceGE	SPTM +0.04 points	0.43%	0.47%
Advanced Micro DevicesAMD	ITOT +0.04 points	1.12%	1.08%
Home DepotHD	SPTM +0.03 points	0.45%	0.48%
Johnson & JohnsonJNJ	SPTM +0.03 points	0.90%	0.93%
Coca-ColaKO	SPTM +0.02 points	0.50%	0.52%
Procter & GamblePG	SPTM +0.03 points	0.51%	0.54%
Wells FargoWFC	SPTM +0.03 points	0.34%	0.37%
RtxRTX	SPTM +0.02 points	0.37%	0.39%
Mcdonalds CorpMCD	SPTM +0.02 points	0.25%	0.27%
Intel CorporationINTC	ITOT +0.03 points	0.45%	0.42%
Micron TechnologyMU	ITOT +0.02 points	1.36%	1.34%
Medtronic PLCMDT	SPTM +0.02 points	0.16%	0.18%
Marvell TechnologyMRVL	ITOT +0.02 points	0.23%	0.21%
Merck & Co IncMRK	SPTM +0.02 points	0.50%	0.52%
PepsicoPEP	SPTM +0.02 points	0.25%	0.27%
Philip Morris InternationalPM	SPTM +0.02 points	0.44%	0.46%
AbbVieABBV	SPTM +0.02 points	0.71%	0.73%
Texas InstrumentTXN	SPTM +0.02 points	0.37%	0.39%
Abbott LaboratoriesABT	SPTM +0.02 points	0.25%	0.27%
OracleORCL	ITOT +0.02 points	0.31%	0.29%
Linde PLCLIN	SPTM +0.02 points	0.32%	0.34%
Morgan StanleyMS	SPTM +0.02 points	0.30%	0.32%
Walt DisneyDIS	SPTM +0.02 points	0.26%	0.28%
Idexx LaboratoriesIDXX	SPTM +0.02 points	0.06%	0.08%
BlackRockBLK	SPTM +0.01 points	0.23%	0.24%
Howmet AerospaceHWM	SPTM +0.01 points	0.11%	0.12%
WelltowerWELL	SPTM +0.02 points	0.23%	0.24%
NetflixNFLX	SPTM +0.02 points	0.35%	0.37%
Lowes Companies IncLOW	SPTM +0.01 points	0.16%	0.17%
S&P GlobalSPGI	SPTM +0.02 points	0.19%	0.21%
Goldman Sachs GroupGS	SPTM +0.02 points	0.35%	0.37%
Lumentum HoldingsLITE	ITOT +0.01 points	0.10%	0.09%
Amgen IncAMGN	SPTM +0.02 points	0.34%	0.36%
Amphenol Corp Class AAPH	SPTM +0.01 points	0.27%	0.28%
American ExpressAXP	SPTM +0.01 points	0.23%	0.24%
StrykerSYK	SPTM +0.01 points	0.14%	0.15%
Uber TechnologiesUBER	SPTM +0.02 points	0.18%	0.20%
Union PacificUNP	SPTM +0.01 points	0.25%	0.26%
UnitedHealth GroupUNH	SPTM +0.01 points	0.50%	0.51%
Sherwin WilliamsSHW	SPTM +0.02 points	0.10%	0.12%
Intuitive SurgicalISRG	SPTM +0.01 points	0.21%	0.22%
Caterpillar IncCAT	SPTM +0.01 points	0.39%	0.40%
Capital One Financial CorpCOF	SPTM +0.01 points	0.17%	0.18%
Royal Caribbean GroupRCL	SPTM +0.02 points	0.10%	0.12%
Bank of AmericaBAC	SPTM +0.02 points	0.44%	0.46%
ProgressivePGR	SPTM +0.02 points	0.18%	0.20%
Ge VernovaGEV	SPTM +0.01 points	0.31%	0.32%
Accenture PLC Class AACN	SPTM +0.01 points	0.22%	0.23%
Marriott International Class AMAR	SPTM +0.01 points	0.12%	0.13%
TjxTJX	SPTM +0.01 points	0.21%	0.22%
Verizon Communications IncVZ	SPTM +0.02 points	0.25%	0.27%
Regeneron PharmaceuticalsREGN	SPTM +0.02 points	0.12%	0.14%
NewmontNEM	SPTM +0.02 points	0.15%	0.17%
Nextera EnergyNEE	SPTM +0.01 points	0.24%	0.25%
BoeingBA	SPTM +0.02 points	0.18%	0.20%
Lockheed MartinLMT	SPTM +0.01 points	0.18%	0.19%
Duke Energy CorpDUK	SPTM +0.02 points	0.13%	0.15%
Colgate-PalmoliveCL	SPTM +0.01 points	0.10%	0.11%
PfizerPFE	SPTM +0.01 points	0.24%	0.25%
Charles SchwabSCHW	SPTM +0.02 points	0.19%	0.21%
Waste Management IncWM	SPTM +0.01 points	0.12%	0.13%
CitigroupC	SPTM +0.01 points	0.28%	0.29%
Booking HoldingsBKNG	SPTM +0.01 points	0.15%	0.16%
Hilton Worldwide HoldingsHLT	SPTM +0.01 points	0.11%	0.12%
Analog DevicesADI	SPTM +0.01 points	0.28%	0.29%
Mondelez International Class AMDLZ	SPTM +0.01 points	0.11%	0.12%
3MMMM	SPTM +0.01 points	0.12%	0.13%
Bristol Myers SquibbBMY	SPTM +0.01 points	0.17%	0.18%
Automatic Data Processing IncADP	SPTM +0.01 points	0.16%	0.17%
Thermo Fisher ScientificTMO	SPTM +0.01 points	0.35%	0.36%
Prologis ReitPLD	SPTM +0.01 points	0.17%	0.18%
Starbucks CorpSBUX	SPTM +0.01 points	0.16%	0.17%
Trane Technologies PLCTT	SPTM +0.01 points	0.12%	0.13%
Doordash Class ADASH	SPTM +0.01 points	0.09%	0.10%
EcolabECL	SPTM +0.01 points	0.10%	0.11%
Transdigm GroupTDG	SPTM +0.01 points	0.09%	0.10%
Parker-HannifinPH	SPTM +0.01 points	0.15%	0.16%
Gilead SciencesGILD	SPTM +0.01 points	0.29%	0.30%
Crh Public Limited PLCCRH	SPTM +0.01 points	0.08%	0.09%
Intercontinental Exchange IncICE	SPTM +0.01 points	0.13%	0.14%
AutodeskADSK	SPTM +0.01 points	0.07%	0.08%
Oreilly Automotive IncORLY	SPTM +0.01 points	0.10%	0.11%
Honeywell International IncHON	SPTM +0.01 points	0.09%	0.10%

All 2,441 ITOT holdings⁠All 1,510 SPTM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ITOT vs SPTM Cost

Same expense ratio

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ITOT 0.03%
$638
SPTM 0.03%
$638

Amount$10,000

Years30 years

Cost over time

ITOT 0.03%
SPTM 0.03%

Year by year

Year	ITOT	SPTM
10	$55	$55
20	$216	$216
30	$638	$638

Expense ratio

0.03%ITOT
0.03%SPTM

ITOT0.03%SPTM0.03%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

ITOT 2nd cheapest of 10 funds

SPTM 2nd cheapest of 10 funds

ITOT vs SPTM Dividends

Last 12 months to Nov 3, 2026

Yield (12M): ITOT 1.02%; SPTM 1.07%, better
Payout (12M): ITOT $1.69; SPTM $0.98
Last payment: ITOT $0.45; SPTM $0.25
Ex-dividend: ITOT Sep 15, 2026; SPTM Sep 21, 2026
Paid on: ITOT Sep 18, 2026; SPTM Sep 23, 2026
Frequency: ITOT Quarterly; SPTM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ITOTQuarterly · 40 paymentsAll ITOT payments⁠

SPTMQuarterly · 39 paymentsAll SPTM payments⁠

ITOT vs SPTM Risk

Fall from peak · 5 years

ITOT
SPTM

Risk facts

VolatilityStd dev, 3 years: ITOT 12.7%SPTM 12.3%, better
Return per unit of riskSharpe ratio, 3 years: ITOT 1.36SPTM 1.39, better
Worst fallMax drawdown, 5 years: ITOT −25.4%SPTM −24.2%, better
Market sensitivityBeta, 5 years: ITOT 1.02SPTM 1.01; Market = 1

ITOT and SPTM in the news

All news⁠

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Updated Nov 2, 2026ITOTSPTM
Head-to-Head
ITOT is the better U.S. stock fund than DFAC
Oct 26, 2026ITOT
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Updated Oct 2, 2026ITOT

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ITOT vs SPTM

In short

Stated mandate

Why people hold it