iShares Core S&P Total US
ALTAR
Score™
5.7% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
19.6x P/Sales
ratio
2.0x
P/BV
ratio
3.0x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Core S&P Total US Stock Market ETF is an exchange-traded fund incorporated in the USA. The Fund is designed to track the S&P 1500 Index, which combines the S&P 500, S&P MidCap 400 and the S&P SmallCap 600 Indices, and represents approximately 90% of the total US equity market capitalization.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Jan 23, 2004
Assets (mns) $24,364
Currency USD
Expense ratio 3 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 3555
Wgt avg mkt cap (mns) $228,746
Large cap (>$10bn) 84.8%
Mid cap ($2-10bn) 11.7%
Small cap (<$2bn) 3.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 3.6 %
APPLE INC 3.6 %
AMAZON.COM INC 2.4 %
FACEBOOK 1.5 %
BERKSHIRE HATHAWAY INC-CL B 1.4 %
JPMORGAN CHASE & CO 1.4 %
ALPHABET INC. CLASS C 1.3 %
ALPHABET INC. CLASS A 1.3 %
JOHNSON & JOHNSON 1.1 %
VISA INC-CLASS A SHARES 1.0 %
Total 18.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.1 %
IRELAND 1.6 %
BRITAIN 1.0 %
SWITZERLAND 0.4 %
BERMUDA 0.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
22.4% 13.4% 10.4% -- 13.7%

Market Correlations
versus... Beta R-squared
S&P500 1.01 99%
MSCI EAFE 0.87 62%
MSCI Emg. Mkts. 0.58 46%

Technical Indicators
Recent close $69.97
30d moving avg. $67.99
Annualized volatility 12.2%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.9%
Relative strength (RSI) 74

Liquidity measures
Avg. volume (thou.) 1,307
Turnover 0.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $188,057

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the iShares Core S&P Total US ETF based on the alternatives' overlap in portfolio holdings with ITOT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ITOT Expense: 3 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ITOT
Ticker Fund
Name
Overlap1
vs ITOT
(%)
Expense
ratio
(bp)
Savings
vs ITOT
(bp)
ALTAR
Score™
(%)
ALTAR
vs ITOT
(%)
SCHB Schwab U.S. Broad Market 98.6 3 0 5.8 +0.1
IWV iShares Russell 3000 97.8 20 -17 5.6 -0.1
VTHR Vanguard Russell 3000 97.5 15 -12 5.6 -0.1
VTI Vanguard Total Market 97.1 3 0 5.7 +0.0
IYY iShares DJ US Total Market 94.7 20 -17 5.7 +0.0
SCHK Schwab 1000 Index 93.0 5 -2 5.9 +0.2
IWB iShares Russell 1000 92.4 15 -12 5.8 +0.1
VONE Vanguard Russell 1000 92.3 12 -9 5.8 +0.1
SPTM SPDR Portfolio Total Stock Market 90.7 3 0 5.8 +0.1
SCHX Schwab U.S. Large-Cap 90.3 3 0 5.9 +0.2
PBUS Invesco PureBeta MSCI USA 86.8 4 -1 6.0 +0.3
BBUS JP Morgan Betabuilders U.S. Equity 86.6 2 1 5.9 +0.2
VV Vanguard Large-Cap ETF 86.1 4 -1 5.9 +0.2
IVV iShares Core S&P 500 83.3 4 -1 6.0 +0.3
SPY S&P 500 SPDR 83.3 9 -6 5.9 +0.2
PBP Invesco S&P 500 Buy/Write 83.3 49 -46 5.6 -0.1
VOO Vanguard S&P 500 ETF 83.3 3 0 6.0 +0.3
HSPX Global X S&P 500 Covered Call 83.1 65 -62 5.4 -0.3
SPLG SPDR Portfolio Large Cap 82.9 3 0 5.8 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free 80.4 20 -17 6.0 +0.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Core S&P Total US
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.6 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 3 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 CATEGORY
AVERAGE
1.55
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.