Leading providers of ETFs in the U.S. 2021, by assets
The statistic presents the largest providers of Exchange Traded Funds (ETFs) in the United States as of February 2021, by assets under management (AUM). In that year, Blackrock proved to be the largest ETFs provider, with managed assets amounting to approximately 2.1 trillion 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 over 7,600 in 2020.
Most of the growth regarding ETFs has occurred in North America, with Europe and the rest of the world taking longer to catch on. In 2020, ETF assets in North America totaled around 5.6 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, accounting for around 36 percent of all assets under management. BlackRock’s closest competitor in the United States is Vanguard, with nearly 28 percent of the market, followed by State Street with around 15 percent. 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 over 7,600 in 2020.
Most of the growth regarding ETFs has occurred in North America, with Europe and the rest of the world taking longer to catch on. In 2020, ETF assets in North America totaled around 5.6 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, accounting for around 36 percent of all assets under management. BlackRock’s closest competitor in the United States is Vanguard, with nearly 28 percent of the market, followed by State Street with around 15 percent. The remaining providers were much smaller in comparison.
