The statistic presents the largest providers of Exchange Traded Funds (ETFs) in the United States in 2017, by assets. In that year, BlackRock proved to be the largest ETFs provider, with managed assets amounting to approximately 293.27 billion U.S. dollars.
Exchange traded funds – additional information
An Exchange Traded Funds (ETF) is type of fund which owns assets whose ownership is divided into shares. An ETF trades like common stock on a stock exchange. Its forerunners were mutual and index funds. ETFs typically have lower fees than mutual funds and can be bought and sold throughout the day. The number of ETFs worldwide grew tremendously since 2005, rising from 441 in 2005 to close to 4,779 in 2016.
Most of the growth regarding ETFs has occurred in the United States, with Europe and the rest of the world taking longer to catch on. In 2016, ETF assets in the United States totaled almost 2.5 trillion U.S. dollars and in the United States, there were three main providers of ETFs: BlackRock, Vanguard and State Street.
BlackRock is by far the largest provider of ETFs in the United States with close to 970 billion U.S. dollars in assets in 2016. This provider also has a 39 percent worldwide market share. BlackRock’s closest competitor in the United States is Vanguard, which had around 611 billion U.S. dollars in assets, followed by State Street with around 471 billion U.S. dollars in assets. The remaining providers were much smaller in comparison.
Exchange traded funds – additional information
An Exchange Traded Funds (ETF) is type of fund which owns assets whose ownership is divided into shares. An ETF trades like common stock on a stock exchange. Its forerunners were mutual and index funds. ETFs typically have lower fees than mutual funds and can be bought and sold throughout the day. The number of ETFs worldwide grew tremendously since 2005, rising from 441 in 2005 to close to 4,779 in 2016.
Most of the growth regarding ETFs has occurred in the United States, with Europe and the rest of the world taking longer to catch on. In 2016, ETF assets in the United States totaled almost 2.5 trillion U.S. dollars and in the United States, there were three main providers of ETFs: BlackRock, Vanguard and State Street.
BlackRock is by far the largest provider of ETFs in the United States with close to 970 billion U.S. dollars in assets in 2016. This provider also has a 39 percent worldwide market share. BlackRock’s closest competitor in the United States is Vanguard, which had around 611 billion U.S. dollars in assets, followed by State Street with around 471 billion U.S. dollars in assets. The remaining providers were much smaller in comparison.
