The fastest growing ETF shop of 2016, so far, is
Van Eck [
profile]. Yet in absolute terms, the biggest ETF shops are still an order of magnitude ahead of the rest when it comes to growth.
Cinthia Murphy of
ETF.com digs into an updated snapshot of the trade publication's
"ETF League Table" and how it has changed this year. The full table includes AUM figures, as of December 7, for 75 ETF shops, ranging from
BlackRock's iShares [
profile] at number one with more than $962 billion to
Premise Capital at number 75 with $2.55 million.
Vanguard [
profile] (number two) now has nearly $600 billion in ETF AUM, and
State Street [
profile] (number three) now has more than $489 billion in ETF AUM.
Van Eck (which
rebranded its Market Vectors ETF businesses as the Van Eck Vectors ETFs earlier this year) jumped two spots to ninth-biggest ETF shop this year, thanks to a 50-percent (about $11 billion) rise in AUM to about $30 billion. Yet the big AUM winners are still BlackRock, Vanguard, and SSgA, which in 2016 have seen their AUM jump up by $127 billion (15 percent), $112 billion (23 percent), and $68 billion each (16 percent), respectively.
Charles Schwab [
profile] has also seen a big 2016 ETF AUM jump, of $17.7 billion (a 44-percent increase).
On the flip side,
WisdomTree [
profile],
Deutsche [
profile], and
First Trust [
profile] have all taken ETF AUM hits this year.
Edited by:
Neil Anderson, Managing Editor
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