Which is cheaper, DFAL or ITOT?

ITOT is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFAL and ITOT overlap with the S&P 500?

By their latest filed holdings, 54% of DFAL and 88% of ITOT by weight is stocks the S&P 500 already holds.

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DFAL vs ITOT: Differences, Returns & Fees

DFAL and ITOT hold 50% of their weight in the same names. Net assets: $1.5bn on Jul 31, 2026 for Dimensional US Large Cap Core Equity Market ETF, and $98.1bn on Oct 9, 2026 for iShares Core S&P Total U.S. Stock Market ETF.

ITOT costs 0.09 points a year less; ITOT is far larger, $94.3bn against $1.5bn.

	DFAL	ITOT
Expense ratio	0.12%	0.03%
Net assets, as of Jul 31, 2026	$1.5bn	$94.3bn
Total return, 1 year	not published	+16.8%
What it tracks	not published	S&P Total U.S. Stock Market
Holdings in common	50%
Top ten holdings, share of the fund	56.6%	34.8%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 8, 2026.

+6.3%

DFAL total return, since launch, Jun 23, 2026

+16.8%

ITOT total return, 1 year

0.12%

DFAL expense ratio

0.03%

ITOT expense ratio

What they hold in common

By the books each fund has filed, DFAL and ITOT hold 50% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 8, 2026.

50%

half

50% in common

Positions both hold, largest shared weight first

Holding DFAL ITOT

NVIDIA CORPORATION 3.93% 7.43%

APPLE INC. 3.83% 6.62%

MICROSOFT CORPORATION 2.82% 5.17%

AMAZON.COM, INC. 2.38% 3.32%

ALPHABET INC. 2.09% 2.72%

BROADCOM INC. 1.57% 2.28%

ALPHABET INC. 1.27% 2.19%

META PLATFORMS, INC. 1.07% 2.12%

JPMORGAN CHASE & CO. 0.87% 1.17%

BERKSHIRE HATHAWAY INC. 0.76% 1.27%

TESLA, INC. 0.70% 1.41%

ADVANCED MICRO DEVICES, INC. 0.58% 1.35%

Only in DFAL

iShares Russell Top 200 Growth Index ETF 13.12%

Ishares Russell Top 200 Value Index Fund 8.84%

DFA Dimensional US Marketwide Value ETF 7.98%

Dimensional U S Core Equity 2 ETF 6.89%

iShares Russell Mid-Cap Value ETF 4.68%

ELI LILLY AND COMPANY 0.85%

APPLIED MATERIALS, INC. 0.32%

GENERAL ELECTRIC COMPANY 0.31%

Only in ITOT

ELI LILLY 1.25%

APPLIED MATERIAL INC 0.54%

GE AEROSPACE 0.42%

TEXAS INSTRUMENT INC 0.35%

LINDE PLC 0.29%

SPACE EXPLORATION TECHNOLOGIES COR 0.29%

SEAGATE TECHNOLOGY HOLDINGS PLC 0.23%

EATON PLC 0.22%

Check overlap with more funds →

On the same fields

DFAL

Dimensional US Large Cap Core Equity Market ETF

ITOT

iShares Core S&P Total U.S. Stock Market ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional iShares

What it is Equity fund Tracks the S&P Total U.S. Stock Market

Total return, 1 year +6.3% (since launch, Jun 23, 2026) +16.8%

S&P 500 over the same days +6.4% (since launch, Jun 23, 2026) +17.3%

Gap to the S&P 500 −0.1 pts (since launch, Jun 23, 2026) −0.4 pts

Expense ratio 0.12% 0.03%

Already in the S&P 500 53.9% 88.1%

Holdings 545 2458

Net assets, DFAL as of Jul 31, 2026 and ITOT as of Oct 9, 2026 $1.5bn $98.1bn

DFAL and ITOT on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFAL in plain words

The prospectus expense ratio is 0.12% a year. By its holdings filed for Jul 31, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 56.6%.

ITOT in plain words

ITOT tracks the S&P Total U.S. Stock Market. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 8, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,458 positions, with the top ten at 34.8%.

Questions people ask

Which is cheaper, DFAL or ITOT?: ITOT is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFAL and ITOT overlap with the S&P 500?: By their latest filed holdings, 54% of DFAL and 88% of ITOT by weight is stocks the S&P 500 already holds.

Other comparisons

DFAL vs VTI DFAL vs SPY DFAL vs IVV DFAL vs VOO ITOT vs SEIM ITOT vs PDP ITOT vs USXF ITOT vs QQQE

DFAL on its own →ITOT on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFAL filings on SEC EDGAR ↗DFAL prospectus with the expense ratio (SEC) ↗Dimensional website ↗ITOT filings on SEC EDGAR ↗ITOT prospectus with the expense ratio (SEC) ↗iShares page for ITOT ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFAL against ITOT, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfal-vs-itot

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.