The iShares Core S&P Total U.S. Stock Market ETF (NYSEMKT:ITOT) and the State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEMKT:SPTM) provide nearly identical broad-market exposure at identical fees.
Investors seeking total market exposure often weigh these two funds. While SPTM tracks the S&P Composite 1500, ITOT targets a broader benchmark of American shares. Both are designed as low-cost core holdings, offering broad market representation to help investors build diversified portfolios across market capitalizations.
Snapshot (cost & size)
|
Metric |
SPTM |
ITOT |
|---|---|---|
|
Issuer |
SPDR |
iShares |
|
Expense ratio |
0.03% |
0.03% |
|
1-yr return (as of June 12, 2026) |
24.60% |
24.80% |
|
Dividend yield |
1.00% |
1.00% |
|
Beta |
1.00 |
1.01 |
|
AUM |
$13.4 billion |
$92.3 billion |
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Both funds charge a minimal 0.03% expense ratio, meaning investors pay just $0.30 annually for every $1,000 invested. Their matching 1.00% dividend yields further underscore their similarities for core portfolio placement.
Performance & risk comparison
|
Metric |
SPTM |
ITOT |
|---|---|---|
|
Max drawdown (5 yr) |
(24.10%) |
(25.40%) |
|
Growth of $1,000 over 5 years (total return) |
$1,840 |
$1,779 |
What’s inside
The iShares fund provides broad exposure to the U.S. equity market and is designed to mirror a comprehensive benchmark of U.S. shares. Its sector weights are led by technology at 37.00%, financial services at 11.00%, and consumer cyclical at 10.00%. It was launched in 2004. Its largest positions include Nvidia Corp (NASDAQ:NVDA) at 6.91%, Apple Inc (NASDAQ:AAPL) at 5.92%, and Microsoft Corp (NASDAQ:MSFT) at 4.02%. It has paid $1.61 per share over the trailing 12 months.
In contrast, the State Street fund tracks the S&P Composite 1500 Index and was launched in 2000. It holds 1,512 stocks, with a trailing-12-month dividend of $0.95 per share. Its sector exposure is identical, featuring technology at 37.00%, financial services at 11.00%, and consumer cyclical at 10.00%. Its largest positions include Nvidia Corp at 7.23%, Apple Inc at 6.30%, and Microsoft Corp at 4.21%. The fund encompasses approximately 90% of the investable U.S. equity universe.
For more guidance on ETF investing, check out the full guide at this link.
Which looks like the better buy
The iShares Core S&P Total U.S. Stock Market ETF (ITOT) and the State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) are both designed as core holdings exchange-traded funds (ETFs), meaning they can serve as foundational building blocks in a well-constructed investment portfolio. Here’s how these two ETFs match up with one another.
