What is the largest ETF company in the world?
The largest provider of ETFs globally is Blackrock, the world's largest asset management company.
| Symbol | Name | AUM |
|---|---|---|
| SPY | SPDR S&P 500 ETF Trust | $533,453,000.00 |
| IVV | iShares Core S&P 500 ETF | $439,738,000.00 |
| VOO | Vanguard S&P 500 ETF | $432,244,000.00 |
| VTI | Vanguard Total Stock Market ETF | $388,015,000.00 |
| Symbol | Name | Avg Daily Share Volume (3mo) |
|---|---|---|
| SOXS | Direxion Daily Semiconductor Bear 3x Shares | 136,044,938 |
| SQQQ | ProShares UltraPro Short QQQ | 131,663,469 |
| SPY | SPDR S&P 500 ETF Trust | 75,227,273 |
| TQQQ | ProShares UltraPro QQQ | 73,430,531 |
The reigning king
The SPDR S&P 500 ETF Trust (SPY) remains at the forefront of S&P 500 ETFs, boasting an impressive $478 billion in assets under management (AUM). Remarkably, this ETF celebrated its 31st anniversary on January 22, 2024, coinciding with the day the S&P 500 index reached its recent all-time high.
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.
Vanguard, BlackRock, and State Street dominate the ETF market with the most offerings.
| Fund (ticker) | YTD performance | 5-year performance |
|---|---|---|
| Vanguard S&P 500 ETF (VOO) | 6.5 percent | 14.6 percent |
| SPDR S&P 500 ETF Trust (SPY) | 6.5 percent | 14.6 percent |
| iShares Core S&P 500 ETF (IVV) | 6.5 percent | 14.6 percent |
| Invesco QQQ Trust (QQQ) | 6.3 percent | 21.1 percent |
In contrast, the riskiest ETF in the Morningstar database, ProShares Ultra VIX Short-term Futures Fund (UVXY), has a three-year standard deviation of 132.9. The fund, of course, doesn't invest in stocks. It invests in volatility itself, as measured by the so-called Fear Index: The short-term CBOE VIX index.
Largest ETFs by market cap globally 2024
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 biggest ETF in USA?
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.
| FUND(TICKER) | EXPENSE RATIO | 10-YEAR RETURN AS OF MARCH 1 |
|---|---|---|
| Invesco QQQ Trust (QQQ) | 0.20% | 17.66% |
| Vanguard Growth ETF (VUG) | 0.04% | 13.97% |
| iShares Russell 1000 Growth ETF (IWF) | 0.19% | 14.66% |
| iShares S&P 500 Growth ETF (IVW) | 0.18% | 13.16% |
- What to Look For in an ETF.
- VanEck Semiconductor ETF (SMH)
- iShares S&P 100 ETF (OEF)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Russell 1000 Growth Index Fund ETF (VONG)
- Invesco S&P 500 Top 50 ETF (XLG)
- iShares U.S. Technology ETF (IYW)
- Vanguard S&P 500 ETF (VOO)
Most of Warren Buffett's portfolio through his holding company Berkshire Hathaway is comprised of individual stocks. He does own two ETFs, though, both of which are S&P 500 ETFs: the Vanguard S&P 500 ETF (VOO -0.11%) and the SPDR S&P 500 ETF Trust (SPY -0.09%). An S&P 500 ETF tracks the S&P 500 index itself.
iShares. iShares is the largest ETF brand in the United States, with more than 1,250 ETFs on the market and $2.5 trillion in assets under management, or AUM.
| ETF | Assets Under Management | Expense Ratio |
|---|---|---|
| Vanguard Information Technology ETF (VGT) | $71.7 billion | 0.1% |
| Invesco AI and Next Gen Software ETF (IGPT) | $254 million | 0.6% |
| MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) | $3.3 billion | 0.95% |
| Vanguard U.S. Quality Factor ETF (VFQY) | $292 million | 0.13% |
BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders. The specifics of these shareholders can change over time.
Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.
BlackRock remained the largest firm overall, with $8.59 trillion in total assets globally vs. Vanguard's $7.25 trillion, and has a much larger presence with clients such as government-sponsored retirement plans and sovereign wealth funds.
Warren Buffett's Berkshire Owns 2 ETFs: SPY and VOO
Regardless of what Berkshire buys or sells, one of the cheapest ways for an investor to diversify is with an exchange-traded fund. If you want to buy what Buffett has at Berkshire, he has two ETFs listed on the 13F: SPDR S&P 500 ETF Trust SPY. Vanguard S&P 500 ETF VOO.
Does Warren Buffett use ETFs?
Buffett's favorite ETF
portfolio: the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) and the Vanguard 500 Index Fund ETF (NYSEMKT: VOO). Both are index ETFs that track the S&P 500.
Since its inception in September 2010, the ETF has provided an average annual return of 13.91%. If you invested $3,600 per year over 40 years with that return less expenses, you'd wind up with over $5.3 million. It would only take an annual investment of $680 for your money to grow to $1 million.
- Vanguard S&P 500 ETF (VOO)
- Schwab U.S. Small-Cap ETF (SCHA)
- Invesco QQQ Trust (QQQ)
- Vanguard High Dividend Yield Index ETF (VYM)
- Vanguard Total International Stock ETF (VXUS)
- Vanguard Total World Stock ETF (VT)
- iShares Core U.S. Aggregate Bond ETF (AGG)
| Symbol | Name | Expense Ratio |
|---|---|---|
| PBDC | Putnam BDC Income ETF | 6.79% |
| YYY | Amplify High Income ETF | 4.60% |
| RTAI | Rareview Tax Advantaged Income ETF | 3.78% |
| RDFI | Collaborative Investment Series Trust Rareview Dynamic Fixed Income Fund | 3.69% |
The single biggest risk in ETFs is market risk. Like a mutual fund or a closed-end fund, ETFs are only an investment vehicle—a wrapper for their underlying investment. So if you buy an S&P 500 ETF and the S&P 500 goes down 50%, nothing about how cheap, tax efficient, or transparent an ETF is will help you.
