iShares Core S&P Total US Stock Market ETF (Ondo Tokenized ETF) vs iShares Core S&P 500 ETF (Ondo Tokenized ETF)

iShares Core S&P 500 ETF (Ondo Tokenized ETF) (IVVON) is 4.8× the size of iShares Core S&P Total US Stock Market ETF (Ondo Tokenized ETF) (ITOTON) by market capitalisation. Over the past 30 days, IVVON is ahead by 10.5 percentage points (ITOTON -0.7% against IVVON +9.8%). Their daily returns move loosely together (correlation 0.52 across 22 shared trading days). IVVON has been the more volatile of the two, at 71% annualised against ITOTON's 42%.

Correlation: 0.52
Size ratio: 1 : 4.8
Ahead over 30 days: IVVON

iShares Core S&P Total US Stock Market ETF (Ondo Tokenized ETF)ITOTON

$166.3400

24h: —
Market cap: $12.49M
Volume 24h: —
Volatility (ann.): 42%

iShares Core S&P 500 ETF (Ondo Tokenized ETF)IVVON

$777.5200

24h: +1.22%
Market cap: $60.56M
Volume 24h: $1,326
Volatility (ann.): 71%

ITOTON 17.1%Share of the two combined market caps82.9% IVVON

Performance

ITOTONIVVON

7 days+1.11%-1.45%ITOTON
30 days-0.71%+9.76%IVVON

Correlation

0.52over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	ITOTON	IVVON
Max drawdown (400d)	-9.3%	-15.7%
Risk-adjusted return (90d)	-0.02	-0.02

Relative strength over 90 days: IVVON outperformed ITOTON by 1.3% — measured on the ITOTON/IVVON ratio, so it holds regardless of market direction.

iShares Core S&P Total US Stock Market ETF (Ondo Tokenized ETF) →iShares Core S&P 500 ETF (Ondo Tokenized ETF) →