Both the Vanguard Value ETF (VTV +0.90%) and iShares Core S&P Total US Stock Market ETF (ITOT +0.77%) aim to give investors diversified access to U.S. equities, but their approaches differ: VTV focuses on large-cap value stocks, while ITOT tracks nearly the entire U.S. stock market, spanning growth and value, large and small companies. Here’s how these two popular low-cost options stack up on the metrics that matter.
Snapshot (cost & size)
| Metric | VTV | ITOT |
|---|---|---|
| Issuer | Vanguard | iShares |
| Expense ratio | 0.04% | 0.03% |
| 1-yr return (as of Dec. 17, 2025) | 12.66% | 11.67% |
| Dividend yield | 2% | 1.09% |
| AUM | $215.5 billion | $80.39 billion |
The 1-yr return represents total return over the trailing 12 months.
ITOT comes with a slightly lower expense ratio, making it marginally more affordable to hold, while VTV offers a higher dividend yield for those prioritizing income.
Performance & risk comparison
| Metric | VTV | ITOT |
|---|---|---|
| Max drawdown (5 y) | (53.7%) | (27.57%) |
| Growth of $1,000 over 5 years | $1,606 | $1,707 |
What's inside
ITOT holds 2,498 stocks and aims to mirror the full U.S. equity market, with technology companies accounting for 34% of assets, followed by financial services and consumer cyclicals. Its largest positions as of the latest data are Nvidia (NVDA +0.47%), Apple (AAPL 0.20%), and Microsoft (MSFT 0.39%), and the fund has been operating for over 21 years. This broad approach means exposure to both high-growth and cyclical sectors, as well as small- and mid-cap stocks.
NYSEMKT: ITOT
Key Data Points
In contrast, VTV concentrates on established value stocks, with heavier weightings in financial services (22%), industrials (16%), and healthcare (15%). Its top holdings include JPMorgan Chase (JPM +0.89%), Berkshire Hathaway (BRK.B 0.05%), and Johnson & Johnson (JNJ +1.03%). This tilt may appeal to investors seeking steadier, income-oriented blue chips with less sensitivity to growth-driven market swings.
NYSEMKT: VTV
Key Data Points
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What this means for investors
With ultra-low expense ratios, both the iShares Core S&P Total U.S. Stock Market ETF and the Vanguard Value ETF are affordable options for investors looking to hold a large basket of stocks. ITOT's broader exposure means you're buying into the entire U.S. equities market, which has historically been a winning bet over a long enough time period. Its breadth also means you have instant portfolio diversification and its market-cap-weighting structure means buying now grants you increased concentration in the red-hot tech sector.
On the other hand, VTV's focus on established value stocks may provide a stronger hedge against economic and stock market volatility and also generates a slightly higher dividend yield, which may appeal to income investors or those who want to reinvest those gains for further upside.
Both ITOT and VTV are considered excellent foundational ETFs for most investors, and their low expense ratios and broad coverage mean you can buy into the market without committing yourself to closely following the fluctuations in specific sectors or companies.
Glossary
ETF: Exchange-traded fund; a basket of securities traded on an exchange like a stock.
Expense ratio: The annual fee, as a percentage of assets, that a fund charges its investors.
Dividend yield: Annual dividends paid by a fund or stock divided by its current price, shown as a percentage.
Beta: A measure of an investment's volatility compared to the overall market, typically the S&P 500.
AUM: Assets under management; the total market value of assets a fund manages.
Max drawdown: The largest percentage drop from a fund's peak value to its lowest point over a specific period.
Large-cap: Refers to companies with a large market capitalization, generally over $10 billion.
Value stocks: Shares of companies considered undervalued compared to their fundamentals, often with lower growth expectations.
Growth stocks: Shares of companies expected to grow earnings or revenue faster than the market average.
Blue chips: Well-established, financially sound companies with a history of reliable performance.
Cyclical sectors: Industries whose performance tends to follow the overall economy's ups and downs.
