ITOT - ITOT: Not As Diversified As I Expected
2024-03-23 04:52:16 ET
Summary
- iShares Core S&P Total U.S. Stock Market ETF provides exposure to 2522 stocks.
- However, ITOT is not as diversified as expected, and differs from the S&P 500 only slightly.
- ITOT may outperform, but its similarity to SPY means it won't outperform by much.
The 2024 bull market has been fueled by a number of healthy sector rotations. Over the past month, it may surprise you to find Materials ( XLB ) are the best performing sector and have outperformed Technology ( XLK ) by 2.27%. This week Financials ( XLF ) and Industrials ( XLI ) are outperforming. It's not all about the "Mag 7."...
ITOT: Not As Diversified As I Expected