ITOT Profile
The iShares Core S&P Total U.S. Stock Market ETF is designed to provide comprehensive exposure to the entire U.S. stock market, encompassing all major segments of the equity market. The ETF tracks an index that includes all U.S. common stocks listed on prominent exchanges such as the New York Stock Exchange (NYSE), NASDAQ Global Select Market, NASDAQ Select Market, NASDAQ Capital Market, as well as Cboe BZX, Cboe BYX, Cboe EDGA, and Cboe EDGX. This broad coverage ensures that the ETF represents a wide array of U.S. equities, from large-cap to small-cap stocks.
Under normal market conditions, the fund aims to invest at least 80% of its assets in the securities that are included in its underlying index. This strategy ensures that the ETF closely mirrors the performance of the total U.S. stock market by holding a diverse range of stocks that reflect the economic characteristics of the index. The remaining 20% of the fund’s assets may be allocated to various financial instruments such as futures, options, and swap contracts, as well as cash and cash equivalents, to manage liquidity and enhance portfolio flexibility.
The ETF is designed for investors seeking broad-based exposure to the U.S. equity market, including both growth and value stocks across different sectors. By investing in a wide array of companies, the fund aims to capture the overall performance of the U.S. stock market and provide investors with a low-cost, diversified investment option. The extensive market coverage helps mitigate the impact of individual stock volatility and sector-specific risks.
The iShares Core S&P Total U.S. Stock Market ETF is a key component of BlackRock's suite of investment products, known for its focus on broad market exposure and cost efficiency. Its comprehensive index tracking strategy and diversified holdings make it a popular choice for investors looking to gain wide-ranging exposure to U.S. equities through a single investment vehicle. The fund's structure allows it to effectively track the performance of the total U.S. stock market while maintaining a focus on cost-effectiveness and liquidity.
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