As of March 7, 2024, State Street’s SPDR S&P 500 ETF Trust was the highest valued exchange-traded fund (ETF) globally, with a market capitalization of over 467 billion U.S. dollars. The market capitalization of an ETF is calculated by multiplying the number of shares issued in the fund by the share price. This ETF is also the largest ETF by assets under management - although, at over 1.2 trillion U.S. dollars, the Vanguard Total Stock Market Index Fund is overall the largest investment fund by AUM. However, the Vanguard fund is different because shares in the fund are sold as various different products, some of which are structured as ETFs (like the third-largest fund listed in this statistic), while others are structured as traditional mutual funds.
What are ETFs?
ETFs are similar to mutual funds, in that they consist of a pool of investors’ funds which are managed by an independent third party for the purpose of a common financial investment. However, ETFs differ through how shares in the fund are bought and sold through a stock exchange, rather than directly from the fund manager. This provides the advantages of generally lower prices (as the transaction costs are paid by the exchange operator rather than the fund manager), and the possibility of intraday trading (as shares in a traditional mutual fund can only be bought and sold after the close of daily trading. The total assets managed by ETFs globally is almost six times lower than that of mutual funds, although the gap in AUM between ETFs and mutual funds in the United States is much lower, at just over three times less.
Who are the largest ETF providers?
The largest provider of ETFs globally is Blackrock, the world’s largest asset management company. As of July 2022, the company had more than 2.1 trillion U.S. dollars of assets under management in exchange traded funds in the U.S. alone, while Blackrock’s total assets under management across all products reached almost ten trillion U.S. dollars. Rounding out the top three providers of ETFs are fellow U.S asset managers Vanguard and State Street.
FAQs
As of March 7, 2024, State Street's SPDR S&P 500 ETF Trust was the highest valued exchange-traded fund (ETF) globally, with a market capitalization of over 467 billion U.S. dollars.
What is the largest ETF provider globally? ›
ETF Providers
| No. | Provider Name | Total Assets |
|---|
| 1 | BlackRock | 2,850.58B |
| 2 | Vanguard | 2,659.98B |
| 3 | State Street | 1,317.12B |
| 4 | Invesco | 548.08B |
93 more rowsSPY SPDR S&P 500 ETF Trust
The largest Large Cap ETF is the SPDR S&P 500 ETF Trust SPY with $535.92B in assets. In the last trailing year, the best-performing Large Cap ETF was TQQQ at 88.61%. The most recent ETF launched in the Large Cap space was the PGIM Laddered Fund of Buffer 12 ETF BUFP on 06/12/24.
What is the largest international ETF? ›
The largest global ex. -U.S. stock ETF is the Vanguard Total International Stock ETF (VXUS), which mostly invests in the Asia-Pacific and European regions. Two other notable ETFs for investors seeking international exposure are the iShares MSCI ACWI ex-U.S. ETF (ACWX) and the Vanguard FTSE All-World ex-US ETF (VEU).
Who is the king of ETFs? ›
BlackRock's iShares is the largest provider of ETFs as calculated by assets under management. Other major ETF providers include Vanguard, State Street, Invesco, and Charles Schwab.
Who's bigger, Vanguard or BlackRock? ›
Vanguard is the world's second-largest investment company or brokerage firm, offering a range of active and passive options, as well as a competitive fee structure and other attractive selling points. BlackRock, Inc. is the world's largest investment firm and asset manager.
What is the best large cap global ETF? ›
Movers in Global Large Cap
| Top performers, 1 week | 5d perf. |
|---|
| IXN | iShares Global Tech ETF | +5.13% |
| PJFG | PGIM Jennison Focused Growth ETF | +2.44% |
| PCGG | Polen Capital Global Growth ETF | +1.87% |
| IOO | iShares Global 100 ETF | +1.87% |
1 more rowMost Popular ETFs: Top 100 ETFs By Trading Volume
| Symbol | Name | Avg Daily Share Volume (3mo) |
|---|
| SQQQ | ProShares UltraPro Short QQQ | 131,558,828 |
| SPY | SPDR S&P 500 ETF Trust | 62,813,246 |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | 61,395,852 |
| TQQQ | ProShares UltraPro QQQ | 60,486,395 |
96 more rowsThe largest Financials ETF is the Financial Select Sector SPDR Fund XLF with $38.10B in assets. In the last trailing year, the best-performing Financials ETF was CONL at 783.07%. The most recent ETF launched in the Financials space was the Tuttle Capital Daily 2X Inverse Regional Banks ETF SKRE on 01/03/24.
VT-Vanguard Total World Stock ETF.
What is the top 3 ETF? ›
Top U.S. market-cap index ETFs
| Fund (ticker) | YTD performance | Expense ratio |
|---|
| Vanguard S&P 500 ETF (VOO) | 11.1 percent | 0.03 percent |
| SPDR S&P 500 ETF Trust (SPY) | 11.0 percent | 0.095 percent |
| iShares Core S&P 500 ETF (IVV) | 10.3 percent | 0.03 percent |
| Invesco QQQ Trust (QQQ) | 11.6 percent | 0.20 percent |
Best ETFs by 1-year return as of June 2024
| Ticker | Fund name | Performance (Year) |
|---|
| SOXX | iShares Semiconductor ETF | 49.01% |
| IYW | iShares U.S. Technology ETF | 40.62% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 38.38% |
| IWY | iShares Russell Top 200 Growth ETF | 37.17% |
2 more rows7 days ago
iShares is the ETF brand of Blackrock and the world's largest ETF provider.
What is the most expensive ETF in the world? ›
As of March 7, 2024, State Street's SPDR S&P 500 ETF Trust was the highest valued exchange-traded fund (ETF) globally, with a market capitalization of over 467 billion U.S. dollars. The market capitalization of an ETF is calculated by multiplying the number of shares issued in the fund by the share price.
What is the largest ETF in history? ›
The SPDR S&P 500 ETF Trust (SPY) seeks to track the performance of the S&P 500 index, which is a cap-weighted basket of the largest publicly traded companies in the U.S. SPY is the oldest ETF listed on a U.S. exchange and is the largest ETF as measured by AUM.
Who is the largest active ETF issuer? ›
Dimensional Fund Advisors and JPMorgan Asset Management are the two largest issuers with a combined $228 billion under management, accounting for about 36% of total active ETF assets alone, data compiled by Bloomberg show.
What is the largest ETF platform? ›
iShares is the ETF brand of Blackrock and the world's largest ETF provider.
What is the most popular ETF in the world? ›
Most Popular ETFs: Top 100 ETFs By Trading Volume
| Symbol | Name | Avg Daily Share Volume (3mo) |
|---|
| SQQQ | ProShares UltraPro Short QQQ | 130,941,188 |
| SPY | SPDR S&P 500 ETF Trust | 62,377,039 |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | 60,721,309 |
| TQQQ | ProShares UltraPro QQQ | 59,845,816 |
96 more rowsETFs Tracking Other Large Cap Growth Equities
| Symbol | ETF Name | % In Top 10 |
|---|
| VOO | Vanguard S&P 500 ETF | 32.5% |
| IVV | iShares Core S&P 500 ETF | 35.0% |
| VTI | Vanguard Total Stock Market ETF | 28.2% |
| QQQ | Invesco QQQ Trust Series I | 49.4% |
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