Vanguard is crushing the competition in ETFs. State Street and iShares were the early movers in ETFs, but after a late start, Vanguard has come on strong. Vanguard is now the second largest ETF provider in the U.S., with $483 billion under management and it is winning the inflows race among big providers YTD (+11.6%). You won’t find Fidelity among the list of top ETF providers yet, but a slew of new listings and an assets under management base of over $2 trillion make Fidelity an up and coming contender.
The graphic below comes courtesy of the crack Bloomberg Brief ETF team.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Looks Like a Bull Market in Gold - June 25, 2019
- Does that Local Business Google Found for You Even Exist? - June 24, 2019
- Bigger Funds Are not always Better Funds - June 21, 2019