ITOT vs VTI: iShares vs Vanguard Total Market

Compare iShares Core S&P Total U.S. Stock Market ETF (ITOT) with Vanguard Total Stock Market ETF (VTI). Two nearly identical total market ETFs.

Quick Answer

ITOT and VTI are nearly identical total market ETFs with the same 0.03% expense ratio. VTI is larger and more liquid. Both are excellent choices—pick based on which broker you prefer or which you already own.

Side-by-Side Comparison

MetricITOTVTI
TypeETFETF
Expense Ratio3.00%3.00%
Holdings2,5003,645
Dividend Yield1.27%1.28%
Min InvestmentNoneNone
Inception2004-01-202001-05-24
Index TrackedS&P Total Market IndexCRSP US Total Market Index
AUM$58B$427B

Fund data last updated: 2025-01-02. Expense ratios, holdings, and yields may change. Always verify with official sources.

Key Differences

  • Both have identical 0.03% expense ratios
  • VTI has more assets under management ($427B vs $58B)
  • VTI tracks CRSP Total Market; ITOT tracks S&P Total Market
  • VTI is from Vanguard; ITOT is from BlackRock (iShares)

Which Should You Choose?

Taxable Brokerage Account

Both are equally suitable. VTI has slightly better liquidity due to larger size, but for individual investors this rarely matters.

IRA (Traditional or Roth)

Either is excellent. No meaningful difference for long-term investors.

401(k)

Use whichever your plan offers with lower expense ratio.

JL Collins' Recommendation

JL Collins recommends Vanguard funds (VTI) due to Vanguard's unique structure. However, ITOT is a perfectly acceptable alternative if it's more convenient or you already own it.

Frequently Asked Questions

Is there any real difference between ITOT and VTI?

For practical purposes, no. Both are total market ETFs with 0.03% expense ratios tracking similar indexes. Performance is virtually identical. Choose based on convenience.

Why is VTI more popular than ITOT?

Vanguard invented the index fund and has strong brand loyalty among passive investors. VTI also has more assets and liquidity. However, ITOT is an equally valid choice.

Which index is better: CRSP or S&P Total Market?

Both capture essentially the same market. CRSP includes slightly more stocks and uses different methodology, but the practical difference is negligible for investors.

Should I switch from ITOT to VTI?

Only if you're consolidating at Vanguard and want simplicity. Otherwise, there's no reason to sell ITOT (potentially triggering taxes) just to buy VTI. They're equivalent.

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This comparison is for educational purposes only. This is not financial advice. Always do your own research and consider consulting a qualified financial advisor.