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.
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.
iShares is a collection of exchange-traded funds (ETFs) managed by BlackRock, which acquired the brand and business from Barclays in 2009. The first iShares ETFs were known as World Equity Benchmark Shares (WEBS) but have since been rebranded.
The Vanguard FTSE All-World UCITS ETF is arguably the most 'global' ETF on the market today, as well as being one of the most popular ETFs in the world. It aims to track the performance of the FTSE All-World index, made up of large and mid-sized companies across both developed and emerging markets.
As of September 10, 2024, BlackRock's iShares Core S&P 500 was the highest valued exchange-traded fund (ETF) globally, with a market capitalization of over 521 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.
Vanguard Total International Stock ETF (VXUS) The Vanguard Total International Stock ETF is the largest major global ex-U.S. fund with $72.1 billion in AUM as of May 31, 2024. ...
Vanguard FTSE All-World ex-US ETF (VEU) ...
iShares Core MSCI Total International Stock ETF (IXUS)
The FTSE All-World index is an international equity index, which tracks stocks from developed and emerging markets worldwide. As such, it represents FTSE's counterpart to the MSCI ACWI.
With 54 ETFs traded on the U.S. markets, Financials ETFs have total assets under management of $77.11B. The average expense ratio is 1.12%. Financials ETFs can be found in the following asset classes: EquityThe largest Financials ETF is the Financial Select Sector SPDR Fund XLF with $39.84B in assets.
iShares Core S&P 500 ETF IVV with $519.14B in assets. In the last trailing year, the best-performing Blackrock ETF was IBLC at 71.38%. The most recent ETF launched in the Blackrock space was the iShares U.S. Manufacturing ETF MADE on 07/18/24.
What ETF is Meta Platforms in? There are 318 ETFs which contain Meta Platforms. All of these ETFs are listed in the table below. The ETF with the largest weighting of Meta Platforms is the SPDR MSCI World Telecommunications UCITS ETF.
The investment seeks to track the performance of the CRSP U.S. Mega Cap Index that measures the investment return of large-capitalization stocks in the United States.
Introduction: My name is Kimberely Baumbach CPA, I am a gorgeous, bright, charming, encouraging, zealous, lively, good person who loves writing and wants to share my knowledge and understanding with you.
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