Data as of Oct 28, 2026.

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IAU vs ITOT: Differences, Returns & Fees

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IAU is a commodity fund and ITOT an equity index fund, and over the year to Oct 28, 2026, ITOT returned +13.4% against +2.7%.

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Net assets: $60.1bn on Oct 28, 2026 for iShares Gold Trust, and $97.1bn on Oct 27, 2026 for iShares Core S&P Total U.S. Stock Market ETF.

At a glance
+2.7%
IAU total return, 1 year
+13.4%
ITOT total return, 1 year
0.25%
IAU expense ratio
0.03%
ITOT expense ratio

Pair scorecard

ITOT costs 0.22 points a year less; their one-year returns differ by 10.7 points; ITOT is 1.6 times larger.

IAU vs ITOT: Differences, Returns & Fees
MeasureIAUITOT
Return
Total return, 1 year+2.7%+13.4%
Drawdown
Below its high24.6%, high on Jan 29, 2026
Benchmark
What it tracksGoldS&P Total Market Index (TMI)
Cost and size
Expense ratio0.25%0.03%
Net assets, as of Oct 27, 2026$60.3bn$97.1bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight88%
Top ten holdings, share of the fund33.9%

Method

Side by side

IAU iShares Gold Trust ITOT iShares Core S&P Total U.S. Stock Market ETF
Where it sits Commodity ETF Stock ETF
What it is Holds gold Tracks the S&P Total U.S. Stock Market
Total return, 1 year +2.7% +13.4%
Its benchmark over the same days +2.5% (GLD) not measured
Gap to its benchmark +0.2 pts vs GLD not measured
Expense ratio 0.25% 0.03%
Holdings not counted 2443
Net assets, IAU as of Oct 28, 2026 and ITOT as of Oct 27, 2026 $60.1bn $97.1bn

IAU and ITOT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.

ITOT

ITOT tracks the S&P Total U.S. Stock Market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,443 positions, with the top ten at 33.9%.

Questions people ask

Which returned more over the last year, IAU or ITOT?
In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and ITOT +13.4%.
Which is cheaper, IAU or ITOT?
ITOT is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, IAU against ITOT, data as of Oct 28, 2026. https://etfiq.com/compare/any/iau-vs-itot

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