Largest ETF Providers by Assets Under Management - Stock Analysis (2024)

FAQs

Largest ETF Providers by Assets Under Management - Stock Analysis? ›

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.

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.

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.

Investors can trade in and out of a fund regardless of the fund's AUM. ETF liquidity providers (market makers) can easily transfer the liquidity of the underlying basket in to ETF shares.

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.

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 ETF holds procter and gamble? ›

The largest BlackRock ETF is the iShares Core S&P 500 ETF (IVV).

The AUM provides a clear glimpse of the size and scale of a mutual fund. Higher AUM signifies that the mutual fund has a firm position and is likely to get more investors.

Generally, a mutual fund with a higher AUM indicates a large client base, meaning higher trust factor and that is a good thing. Secondly, the AUM can be used as a measure of liquidity. A higher AUM can provide a cushion in case there is a substantial redemption and the NAV does not get volatile.

Net asset value (NAV) is the total value of assets minus all its liabilities of a fund, such as a mutual fund or ETF, often shown on a per-share basis. NAV shows what price shares in a fund can be bought and sold at. AUM by contrast refers to the value of assets managed by an individual or firm, not a fund.

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.

The largest Financials ETF is the Financial Select Sector SPDR Fund XLF with $38.18B in assets. In the last trailing year, the best-performing Financials ETF was CONL at 605.42%. The most recent ETF launched in the Financials space was the Tuttle Capital Daily 2X Inverse Regional Banks ETF SKRE on 01/03/24.