ITOT vs SPYM: Grades, Fees and Holdings Compared

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

ITOTANYSE Arca

State Street SPDR Portfolio S&P 500 ETF

SPYMANYSE Arca

Overlap

88.8%by weight

Expense ratio

SPYM −0.01pt a year

ITOT0.03%SPYM0.02%

Avg volume · 30D

SPYM 8.0×the volume

ITOT1.5MSPYM12M

10Y return · a year

SPYM +0.7pt

ITOT+15.0%SPYM+15.7%

ITOT vs SPYM Performance

Nov 3, 2021 – Nov 3, 2026

+65.4%ITOT+74.1%SPYM

Expense ratio: ITOT 0.03%; SPYM 0.02%, better
Fund size: ITOT $95.1B; SPYM $185B
1Y total return: ITOT +11.6%; SPYM +11.6%
Yield (12M): ITOT 1.02%; SPYM 1.03%, better
Holdings: ITOT 2431; SPYM 506
Avg volume (30D): ITOT 1.5M sh; SPYM 12M sh, better
NAV per share: ITOT $164.10; SPYM $90.57
52W range

ETF.net Grade

Pillar letters and Scores for ITOT, SPYM, with each pillar’s weight
Pillar	ITOT	SPYM
Cost30% weight	A75	A99
Mission25% weight	A100	A100
Risk15% weight	C50	C51
Tradability15% weight	A83	A72
Holdings10% weight	A74	C54
Durability5% weight	A80	A79

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

Total US Market⁠

Category · 10 funds

See all 10 ›

ITOT ranks 1st 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

S&P 500⁠

Category · 14 funds

See all 14 ›

SPYM ranks 1st of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79

Our read on each fund

ETF.net Research

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

SPYMAState Street SPDR Portfolio S&P 500 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.

SPYM State Street's budget-priced S&P 500 tracker: the same 500 large caps as its famous sibling, for 0.02% a year, the lowest fee in its S&P 500 peer group. Running since 2005 and now one of the category's giants.

Stated mandate

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

SPYM The fund seeks to track the total return of the S&P 500 Index before fees and expenses, providing broad exposure to U.S. large-cap equities.

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.

SPYM 0.02% a year, the cheapest fee in its S&P 500 cohort, against a 0.15% median for the group. Two dollars a year per $10,000 invested.
Same S&P 500 index as State Street's flagship SPY (0.09%), for a fraction of the fee, and a basis point under VOO and IVV.
Tracks the index tightly: gaps between fund and benchmark are among the smallest in its peer group, which is the whole job of an index wrapper.
Live since 2005, now one of the largest and most heavily traded funds in the category. Distributions land quarterly.

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.

SPYM The S&P 500 is cap-weighted, so the biggest US companies drive most of the move. Equal-weight takes on the same index (RSP) spread that bet differently.
About 500 US large caps and nothing else: no mid caps, no small caps, no international.
The fee edge over VOO and IVV is one basis point. Same index, so trading costs and platform access matter as much as the sticker fee.

Full ITOT profile⁠

Full SPYM profile⁠

ITOT vs SPYM Holdings

How ITOT and SPYM differ

Overlap by weight

88.8%

Shared holdings make up 99.9% of SPYM and 88.8% of ITOT.

Level by level

Holdings502 in both88.8%
Sector11 Sectors97.3%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in ITOT and SPYM, widest gap first
Sector	Gap	ITOT	SPYM
Technology	SPYM +2.1 points	36.5%	38.6%
Industrials	ITOT +1.0 points	9.0%	8.0%
Health Care	ITOT +0.5 points	10.3%	9.8%
Communication	SPYM +0.3 points	8.6%	8.9%
Financials	ITOT +0.4 points	12.2%	11.8%
Real Estate	ITOT +0.4 points	2.1%	1.7%
Materials	ITOT +0.3 points	2.0%	1.7%
Consumer Staples	SPYM +0.2 points	4.5%	4.7%
Energy	ITOT +0.2 points	3.9%	3.7%
Consumer Discretionary	SPYM +0.1 points	8.9%	9.0%
Utilities	Same weight	2.0%	2.0%

Country, concentration and asset class

Country by domicile

Country weights in ITOT and SPYM, widest gap first
Country	Gap	ITOT	SPYM
United States	SPYM +0.1 points	99.4%	99.5%
Switzerland	Same weight	0.3%	0.3%
China	Same weight	0.1%	0.1%
United Kingdom	ITOT +0.1 points	0.1%	0.0%
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%
SPYM37.1%

Securities held

ITOT2,427
SPYM504

Asset class

ITOT: Equity
SPYM: Equity

Holdings

Only in ITOT1,925
In both502
Only in SPYM2

Only in ITOT

1,925 securities, 11.0% 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%
Okta Class A0.05%
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%
Technipfmc PLC0.04%
Credo Technology Group Holding Ltd0.03%
United Therapeutics0.03%
Zoom Communications Class A0.03%
Zscaler0.03%
Insmed0.03%
Guardant Health0.03%
Entegris Inc0.03%
Markel Group0.03%
Ati0.03%
Lpl Financial Holdings0.03%
Us Foods Holding0.03%
Xpo0.03%
Reliance Steel & Aluminum0.03%
Tenet Healthcare Corp0.03%
Alnylam Pharmaceuticals0.03%
Permian Resources Class A0.03%
Affirm Holdings Class A0.03%
Sofi Technologies0.03%
Amrize AG0.03%
Coreweave Class A0.03%
Roku Class A0.03%
First Citizens Bancshares Class A0.03%
Liberty Media Series C0.03%
Nvent Electric PLC0.03%
Roivant Sciences Ltd0.03%
Rubrik Class A0.03%
Ovintiv0.03%
Heico Class A0.03%
Coupang Class A0.03%
Royal Gold0.03%
Ftai Aviation0.03%
Td Synnex0.03%
East West Bancorp0.03%

Only in SPYM

2 securities, 0.0% of SPYM by weight

Contra Hologic Incorpo0.00%
Contra Walgreens Boots0.00%

Weight gaps

The 100 widest of 502 Holdings in both funds.

Holding weights in ITOT and SPYM, widest gap first
Holding	Gap	ITOT	SPYM
NVIDIANVDA	SPYM +0.77 points	6.75%	7.52%
AppleAAPL	SPYM +0.75 points	6.85%	7.59%
MicrosoftMSFT	SPYM +0.51 points	5.28%	5.79%
Amazon.com IncAMZN	SPYM +0.50 points	3.21%	3.71%
Alphabet Class AGOOGL	SPYM +0.28 points	2.24%	2.52%
Broadcom IncAVGO	SPYM +0.25 points	2.11%	2.36%
Alphabet Class CGOOG	SPYM +0.23 points	1.80%	2.03%
Tesla IncTSLA	SPYM +0.22 points	1.53%	1.75%
Berkshire Hathaway Inc Class BBRK.B	SPYM +0.21 points	1.38%	1.59%
Meta Platforms Class AMETA	SPYM +0.21 points	1.85%	2.06%
Eli LillyLLY	SPYM +0.20 points	1.54%	1.74%
JPMorgan Chase & CoJPM	SPYM +0.17 points	1.22%	1.39%
Visa Class AV	SPYM +0.16 points	0.96%	1.12%
WalmartWMT	SPYM +0.13 points	0.75%	0.88%
Mastercard Class AMA	SPYM +0.12 points	0.70%	0.82%
Johnson & JohnsonJNJ	SPYM +0.10 points	0.90%	1.00%
Costco Wholesale CorpCOST	SPYM +0.10 points	0.61%	0.71%
Exxonmobil Holdings CorpXOM	SPYM +0.09 points	1.05%	1.14%
Micron TechnologyMU	SPYM +0.09 points	1.36%	1.45%
Ge AerospaceGE	SPYM +0.07 points	0.43%	0.50%
AbbVieABBV	SPYM +0.08 points	0.71%	0.79%
Home DepotHD	SPYM +0.07 points	0.45%	0.52%
Coca-ColaKO	SPYM +0.07 points	0.50%	0.57%
Procter & GamblePG	SPYM +0.07 points	0.51%	0.58%
Merck & Co IncMRK	SPYM +0.06 points	0.50%	0.56%
ChevronCVX	SPYM +0.06 points	0.63%	0.69%
Wells FargoWFC	SPYM +0.06 points	0.34%	0.40%
Philip Morris InternationalPM	SPYM +0.06 points	0.44%	0.50%
UnitedHealth GroupUNH	SPYM +0.05 points	0.50%	0.55%
Cisco Systems IncCSCO	SPYM +0.06 points	0.56%	0.62%
Palantir Technologies Class APLTR	SPYM +0.05 points	0.58%	0.63%
RtxRTX	SPYM +0.05 points	0.37%	0.42%
Kimberly ClarkKMB	SPYM +0.05 points	0.05%	0.10%
Bank of AmericaBAC	SPYM +0.06 points	0.44%	0.50%
Texas InstrumentTXN	SPYM +0.05 points	0.37%	0.42%
Advanced Micro DevicesAMD	SPYM +0.05 points	1.12%	1.17%
Goldman Sachs GroupGS	SPYM +0.05 points	0.35%	0.40%
NetflixNFLX	SPYM +0.05 points	0.35%	0.40%
Linde PLCLIN	SPYM +0.05 points	0.32%	0.37%
Caterpillar IncCAT	SPYM +0.04 points	0.39%	0.43%
Amgen IncAMGN	SPYM +0.05 points	0.34%	0.39%
Abbott LaboratoriesABT	SPYM +0.04 points	0.25%	0.29%
Ge VernovaGEV	SPYM +0.04 points	0.31%	0.35%
Mcdonalds CorpMCD	SPYM +0.04 points	0.25%	0.29%
Morgan StanleyMS	SPYM +0.04 points	0.30%	0.34%
PepsicoPEP	SPYM +0.04 points	0.25%	0.29%
Walt DisneyDIS	SPYM +0.04 points	0.26%	0.30%
CitigroupC	SPYM +0.04 points	0.28%	0.32%
Thermo Fisher ScientificTMO	SPYM +0.04 points	0.35%	0.39%
American ExpressAXP	SPYM +0.04 points	0.23%	0.27%
Gilead SciencesGILD	SPYM +0.03 points	0.29%	0.32%
Amphenol Corp Class AAPH	SPYM +0.03 points	0.27%	0.30%
Applied Material IncAMAT	SPYM +0.04 points	0.42%	0.46%
WelltowerWELL	SPYM +0.04 points	0.23%	0.27%
International Business Machines CoIBM	SPYM +0.04 points	0.33%	0.37%
Palo Alto NetworksPANW	SPYM +0.03 points	0.41%	0.44%
Verizon Communications IncVZ	SPYM +0.04 points	0.25%	0.29%
Union PacificUNP	SPYM +0.03 points	0.25%	0.28%
Nextera EnergyNEE	SPYM +0.03 points	0.24%	0.27%
BlackRockBLK	SPYM +0.03 points	0.23%	0.26%
Analog DevicesADI	SPYM +0.03 points	0.28%	0.31%
PfizerPFE	SPYM +0.03 points	0.24%	0.27%
Crowdstrike Holdings Class ACRWD	SPYM +0.03 points	0.35%	0.38%
Lam ResearchLRCX	SPYM +0.03 points	0.41%	0.44%
Accenture PLC Class AACN	SPYM +0.03 points	0.22%	0.25%
Intuitive SurgicalISRG	SPYM +0.03 points	0.21%	0.24%
SalesforceCRM	SPYM +0.02 points	0.26%	0.28%
S&P GlobalSPGI	SPYM +0.03 points	0.19%	0.22%
BoeingBA	SPYM +0.03 points	0.18%	0.21%
Lowes Companies IncLOW	SPYM +0.03 points	0.16%	0.19%
Uber TechnologiesUBER	SPYM +0.03 points	0.18%	0.21%
TjxTJX	SPYM +0.03 points	0.21%	0.24%
Capital One Financial CorpCOF	SPYM +0.03 points	0.17%	0.20%
Charles SchwabSCHW	SPYM +0.03 points	0.19%	0.22%
DeereDE	SPYM +0.03 points	0.23%	0.26%
KlaKLAC	SPYM +0.03 points	0.28%	0.31%
QualcommQCOM	SPYM +0.03 points	0.24%	0.27%
ProgressivePGR	SPYM +0.03 points	0.18%	0.21%
StrykerSYK	SPYM +0.02 points	0.14%	0.16%
Booking HoldingsBKNG	SPYM +0.03 points	0.15%	0.18%
Parker-HannifinPH	SPYM +0.03 points	0.15%	0.18%
AT&TT	SPYM +0.03 points	0.20%	0.23%
ChubbCB	SPYM +0.03 points	0.17%	0.20%
Lockheed MartinLMT	SPYM +0.02 points	0.18%	0.20%
Prologis ReitPLD	SPYM +0.02 points	0.17%	0.19%
Bristol Myers SquibbBMY	SPYM +0.03 points	0.17%	0.20%
NewmontNEM	SPYM +0.03 points	0.15%	0.18%
Automatic Data Processing IncADP	SPYM +0.02 points	0.16%	0.18%
Arista NetworksANET	SPYM +0.02 points	0.24%	0.26%
Medtronic PLCMDT	SPYM +0.03 points	0.16%	0.19%
Eaton PLCETN	SPYM +0.02 points	0.20%	0.22%
Vertex PharmaceuticalsVRTX	SPYM +0.03 points	0.19%	0.22%
Howmet AerospaceHWM	SPYM +0.02 points	0.11%	0.13%
Starbucks CorpSBUX	SPYM +0.02 points	0.16%	0.18%
Idexx LaboratoriesIDXX	SPYM +0.02 points	0.06%	0.08%
Mckesson CorpMCK	SPYM +0.02 points	0.16%	0.18%
DanaherDHR	SPYM +0.02 points	0.20%	0.22%
Regeneron PharmaceuticalsREGN	SPYM +0.03 points	0.12%	0.15%
Cme Group Class ACME	SPYM +0.02 points	0.15%	0.17%
IntuitINTU	SPYM +0.02 points	0.13%	0.15%

All 2,441 ITOT holdings⁠All 505 SPYM 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 SPYM Cost

Overpaying ITOT vs SPYM

$212

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

ITOT 0.03%
$638
SPYM 0.02%
$426

Amount$10,000

Years30 years

Cost over time

ITOT 0.03%
SPYM 0.02%
Overpaying

Year by year

Year	ITOT	SPYM	Overpaying
10	$55	$37	$18
20	$216	$144	$72
30	$638	$426	$212

Expense ratio

0.03%ITOT
0.02%SPYM, cheaper

Different Categories, so each fee sits in its own Category’s range.

ITOT among 10 Total US Market funds

ITOT0.03%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

ITOT 2nd cheapest of 10 funds

SPYM among 14 S&P 500 funds

SPYM0.02%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

SPYM cheapest of 14 funds

ITOT vs SPYM Dividends

Last 12 months to Nov 3, 2026

Yield (12M): ITOT 1.02%; SPYM 1.03%, better
Payout (12M): ITOT $1.69; SPYM $0.91
Last payment: ITOT $0.45; SPYM $0.24
Ex-dividend: ITOT Sep 15, 2026; SPYM Sep 11, 2026
Paid on: ITOT Sep 18, 2026; SPYM Sep 15, 2026
Frequency: ITOT Quarterly; SPYM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ITOTQuarterly · 40 paymentsAll ITOT payments⁠

SPYMQuarterly · 39 paymentsAll SPYM payments⁠

ITOT vs SPYM Risk

Fall from peak · 5 years

ITOT
SPYM

Risk facts

VolatilityStd dev, 3 years: ITOT 12.7%SPYM 12.3%, better
Return per unit of riskSharpe ratio, 3 years: ITOT 1.36SPYM 1.42, better
Worst fallMax drawdown, 5 years: ITOT −25.4%SPYM −24.5%, better
Market sensitivityBeta, 5 years: ITOT 1.02SPYM 1.01; Market = 1

ITOT and SPYM in the news

All news⁠

Best ETFs
The best S&P 500 ETF costs 0.02%. Equal weight is a different bet
Updated Nov 2, 2026ITOTSPYM
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026ITOTSPYM
Deep Dive
SPY vs. SPYM, VOO, and IVV: Why SPY trails cheaper S&P 500 ETFs
Oct 29, 2026SPYM
Head-to-Head
ITOT is the better U.S. stock fund than DFAC
Oct 26, 2026ITOT
Head-to-Head
SPYM leads IWF by 9.4 percentage points in 2026. They are not the same bet
Oct 21, 2026SPYM
Deep Dive
SPY trailed the S&P 500 by 0.14 percentage points over the past year, more than triple the gap at cheaper rivals
Oct 13, 2026SPYM

Popular comparisons

ITOTAvsSCHBA
iShares Core S&P Total U.S. Stock Market ETF · Schwab U.S. Broad Market ETF
Expense ratio
0.03% · 0.03%
Category
SPYMAvsIVVA
State Street SPDR Portfolio S&P 500 ETF · iShares Core S&P 500 ETF
Expense ratio
0.02% · 0.03%
Category
ITOTAvsSPTMA
iShares Core S&P Total U.S. Stock Market ETF · State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
Expense ratio
0.03% · 0.03%
Category
SPYMAvsVOOA
State Street SPDR Portfolio S&P 500 ETF · Vanguard S&P 500 ETF
Expense ratio
0.02% · 0.03%
Category
ITOTAvsIVVA
iShares Core S&P Total U.S. Stock Market ETF · iShares Core S&P 500 ETF
Expense ratio
0.03% · 0.03%
Category
SPYMAvsSCHBA
State Street SPDR Portfolio S&P 500 ETF · Schwab U.S. Broad Market ETF
Expense ratio
0.02% · 0.03%
Category