The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The $1T ETF AUM Club Doubles Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 28, 2019

The $1T ETF AUM Club Doubles

News summary by MFWire's editors

Tim Buckley and his team at the low-cost leviathan have passed another milestone, though they were second this time.

Mortimer J. Buckley
President, CEO
Vanguard's [profile] ETF business recently crossed the $1-trillion-AUM milestone, ETF.com and Seeking Alpha report. The only other firm in that exclusive club is the world's largest asset manager and ETF shop, BlackRock, whose iShares ETF business had more than $1.5 trillion in AUM as of June 26. (Vanguard, though second-biggest when it comes to ETFs and total asset management business, remains the biggest mutual fund firm in the world by AUM.)

To put those numbers in perspective, as of the end of May, the entire ETF and exchange traded product (ETP) industry worldwide had $5.32 trillion in AUM, ETFGI estimates. In other words, the two biggest U.S. ETF shops together now account for 48 percent of all ETF AUM worldwide.

It may be a little while before a third member joins the exclusive $1-trillion-plus-ETF-AUM club. As of June 26, the third, fourth and fifth biggest ETF shops had less than $1 trillion in combined ETF AUM between; the biggest of those, SSgA, had about $643 billion. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use