ITOT US
ITOT ETF: How iShares Core S&P Total U.S. Stock Market ETF Works
Price data last refreshed:
Overview
The iShares Core S&P Total U.S. Stock Market ETF (ITOT) offers Australian investors access to a broad mix of US-listed shares through a US-dollar-denominated fund. Its many holdings provide exposure across company sizes and industries, but the portfolio is not evenly spread: technology is its largest sector, and its biggest positions make up a meaningful share of assets. That combination of breadth and concentration is central to understanding the fund.
Category
ITOT represents a broad-market approach to US equities rather than a single-industry or narrow thematic strategy. It brings together large, mid-sized and smaller listed businesses, although larger companies have greater influence on the portfolio. The result is wide company coverage with substantial exposure to technology and other major US sectors.
Broad US equity funds offer exposure to businesses of different sizes and across multiple industries, while market-cap-weighted portfolios can still be driven by the largest companies. ITOT’s supplied holdings show that balance clearly: a wide company base alongside significant exposure to leading technology and communications names. For Australian investors, currency movements can add another source of return variation beyond changes in US share prices.
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Key facts
- Ticker
- ITOT
- Exchange
- US
- ISIN
- US4642871507
- Provider
- iShares
- Domicile
- United States
- Currency
- USD
- Inception date
- 2004-01-20
- Use of income
- NA
- UCITS
- No
- Holdings count
- 2444
Costs
- TER
- 0.02%
- Net expense ratio
- 0.02%
- AUM
- 96.9B
The supplied total expense ratio is 0.02%. This ongoing fund cost is only one part of the overall expense for an Australian investor; brokerage, currency conversion and tax may also be relevant.
Performance
- YTD
- 14.0%
- 1 year
- 15.8%
- 3 years
- 23.9%
- 5 years
- 13.1%
- 10 years
- 14.2%
- Dividend yield
- 1.05%
- Top 10 concentration
- 34.4%
Holdings
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NVIDIA Corporation7.59%
-
Apple Inc.6.23%
-
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Amazon.com Inc3.30%
-
Alphabet Inc Class A2.77%
-
Broadcom Inc2.28%
-
Alphabet Inc Class C2.13%
-
Meta Platforms Inc.2.07%
-
Micron Technology Inc1.59%
-
Tesla Inc1.41%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
The fund’s portfolio spans thousands of US-listed companies, with exposure across technology, financial services, healthcare, communication services and consumer businesses. Technology is the largest sector allocation at 40.249%. Among the largest disclosed holdings are NVIDIA, Apple and Microsoft. The top 10 holdings represent 34.423% of assets, so the breadth of the portfolio coexists with meaningful weight in its biggest companies.
Regions
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North America95.4%
-
Europe Developed0.3%
-
Asia Emerging0.1%
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Latin America0.1%
-
United Kingdom0.1%
-
Asia Developed0.0%
-
Africa/Middle East0.0%
-
Japan0.0%
-
Australasia0.0%
-
Europe Emerging0.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Asset allocation
-
Stock US98.1%
-
Stock non-US0.6%
-
Cash0.2%
-
Bond0.0%
-
Other0.0%
-
NotClassified0.0%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Sectors
-
Technology40.2%
-
Financial Services11.5%
-
Healthcare9.5%
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Communication Services8.7%
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Industrials8.6%
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Consumer Cyclicals8.5%
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Consumer Defensive4.1%
-
Energy3.7%
-
Real Estate2.1%
-
Utilities1.8%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Risks
Who it may suit
ITOT may interest investors researching diversified exposure to US-listed companies through a single ETF. Its broad holdings span market sizes and sectors, but the portfolio remains heavily weighted to US equities and has a notable technology allocation. Australian investors should also consider US-dollar currency exposure and the fund’s US listing.
Key risks
ITOT is an equity fund, so its value can fall when US share prices decline, and diversification does not prevent losses. Its sizable technology allocation and the combined weight of its largest holdings mean that weakness among major companies or within that sector could have a noticeable effect. The fund is US-focused, leaving investors exposed to US market and economic conditions. Australian investors also face exchange-rate movements between the US dollar and Australian dollar, which can affect returns when measured in Australian dollars. The displayed dividend yield can change and is not guaranteed.
FAQ
What does ITOT invest in?
ITOT holds a broad portfolio of US-listed companies, spanning large, mid-sized and smaller businesses across many sectors. The supplied portfolio data lists 2,444 holdings.
How concentrated is the portfolio?
The fund holds many companies, but its largest positions still matter: the top 10 holdings account for 34.423% of assets. Technology is also a substantial sector exposure, at 40.249%.
What does the reported dividend yield mean?
The supplied dividend-yield figure is 1.045%. It is a portfolio measure, not a guaranteed income rate, and distributions can vary.
What should Australian investors consider?
ITOT is a US-listed, US-dollar-denominated ETF. Australian investors therefore have exposure to movements in the US dollar against the Australian dollar, as well as fluctuations in US share prices. Brokerage, tax and currency-conversion costs may also affect an investor’s experience.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
