ITOT vs IWL: Differences, Returns & Fees

ITOT and IWL hold 77% of their weight in the same names. Net assets on Oct 9, 2026: $98.1bn for iShares Core S&P Total U.S. Stock Market ETF and $2.3bn for iShares Russell Top 200 ETF.

ITOT costs 0.12 points a year less; both returned +16.8% over a year; ITOT is far larger, $98.1bn against $2.3bn.

ITOT vs IWL: Differences, Returns & Fees
ITOTIWL
Expense ratio0.03%0.15%
Net assets$98.1bn$2.3bn
Total return, 1 year+16.8%+16.8%
What it tracksS&P Total U.S. Stock MarketRussell Top 200 Index
Holdings in common77%
Top ten holdings, share of the fund34.8%44.6%

Holdings in common uses holdings dated Oct 9, 2026.

+16.8%
ITOT total return, 1 year
+16.8%
IWL total return, 1 year
0.03%
ITOT expense ratio
0.15%
IWL expense ratio

What they hold in common

By the books each fund has filed, ITOT and IWL hold 77% 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 Oct 9, 2026.

half

77% in common

Positions both hold, largest shared weight first
Holding ITOT IWL
NVIDIA 7.35% 9.18%
APPLE 6.51% 8.35%
MICROSOFT 5.26% 6.82%
AMAZON.COM INC 3.41% 4.37%
ALPHABET CLASS A 2.73% 3.52%
BROADCOM INC 2.28% 2.89%
ALPHABET CLASS C 2.19% 2.84%
META PLATFORMS CLASS A 2.10% 2.71%
MICRON TECHNOLOGY 1.54% 1.99%
TESLA INC 1.43% 1.92%
ADVANCED MICRO DEVICES 1.31% 1.70%
BERKSHIRE HATHAWAY INC CLASS B 1.27% 1.65%
Only in ITOT
SEAGATE TECHNOLOGY HOLDINGS PLC 0.23%
MARATHON PETROLEUM 0.17%
SNOWFLAKE 0.17%
CLOUDFLARE CLASS A 0.15%
PHILLIPS 66 0.15%
DATADOG INC CLASS A 0.13%
HEWLETT PACKARD ENTERPRISE 0.13%
LUMENTUM HOLDINGS 0.13%
Only in IWL
SPOTIFY TECHNOLOGY 0.14%
NU HOLDINGS CLASS A 0.10%
BROOKFIELD ASSET MANAGEMENT VOTING 0.03%
SOUTHERN COPPER CORP 0.03%

Check overlap with more funds →

On the same fields

ITOT
iShares Core S&P Total U.S. Stock Market ETF
IWL
iShares Russell Top 200 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Total U.S. Stock Market Tracks an index
Total return, 1 year +16.8% +16.8%
Expense ratio 0.03% 0.15%
Already in the S&P 500 88.1% 99.2%
Holdings 2459 202
Net assets $98.1bn $2.3bn

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

About ITOT

ITOT tracks the S&P Total U.S. Stock Market. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 9, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,459 positions, with the top ten at 34.8%.

About IWL

IWL tracks an index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 202 positions, with the top ten at 44.6%.

Questions people ask

Which returned more over the last year, ITOT or IWL?
In the year to Oct 9, 2026, with distributions reinvested, ITOT returned +16.8% and IWL +16.8%.
Which is cheaper, ITOT or IWL?
ITOT is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do ITOT and IWL overlap with the S&P 500?
By their latest filed holdings, 88% of ITOT and 99% of IWL by weight is stocks the S&P 500 already holds.
Other comparisons
Where these figures came from

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

Open data

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