ITOT 📈 iShares Core S&P Total - Overview

The iShares Core S&P Total U.S. Stock Market ETF, traded on the NYSE ARCA under the ticker ITOT, tracks a comprehensive index that encompasses all U.S. common equities listed on prominent exchanges such as the NYSE, the NASDAQ Global Select Market, the NASDAQ Select Market, and the NASDAQ Capital Market, among others. This broad coverage ensures that the fund provides investors with exposure to a wide range of U.S. stocks, effectively capturing the overall performance of the U.S. stock market. The fund's underlying index is designed to be a benchmark for the U.S. equity market, making it an attractive option for investors seeking diversified exposure to U.S. stocks.

In terms of its investment strategy, the fund generally allocates at least 80% of its assets to the component securities of its underlying index. This means that the majority of the fund's holdings will mirror the composition of the index, providing investors with broad-based exposure to the U.S. stock market. The fund may also invest up to 20% of its assets in certain derivatives, such as futures, options, and swap contracts, as well as cash and cash equivalents. This flexibility allows the fund manager to employ various strategies to manage risk, optimize returns, and maintain liquidity. By combining a broad equity portfolio with a modest allocation to derivatives and cash, the fund aims to deliver returns that closely track the performance of the U.S. stock market while minimizing tracking error.

As a U.S.-domiciled ETF, the iShares Core S&P Total U.S. Stock Market ETF is subject to U.S. regulatory requirements and is listed on a major U.S. exchange, providing investors with a high level of transparency and liquidity. The fund's ISIN, US4642871507, can be used to identify the fund in international trading systems. With its large blend ETF category classification, the fund is suitable for investors seeking a core U.S. equity holding that can serve as a foundation for a diversified portfolio. More information about the fund, including its investment objectives, strategies, and performance, can be found on the iShares website at http://www.ishares.com.