ITOT is also among the cheapest ETFs on the market, with a 0.03% expense ratio.
The Schwab U.S. Broad Market ETF (NYSEArca: SCHB) is another broad U.S. market ETF with a 0.03% expense ratio. SCHB tracks the Dow Jones U.S. Broad Stock Market Index, which tracks over 95% of the U.S. equity market, but the underlying benchmark holds less exposure to the smallest stocks. Nevertheless, the fund should exhibit a high correlation with other core stock benchmarks.
iShares Core S&P Total US Stock Market ETF
Max Chen contributed to this article.