iShares Core S&P 500 ETF Hits $860B as Vanguard ETF Tops $1 Trillion
IVV•iShares Core S&P 500 ETF holds $860 billion in assets with a 0.03% management fee, outpacing SPDR’s $785 billion ETF. Vanguard’s S&P 500 ETF surpassed $1 trillion in assets less than 18 months after overtaking SPDR’s fund, underscoring investor preference for ultra-low-cost broad market exposure.
1. iShares Core S&P 500 ETF Asset Position
The iShares Core S&P 500 ETF has grown to $860 billion in assets and charges a management fee of 0.03%, ranking it second among S&P 500 ETFs and ahead of SPDR’s $785 billion fund that levies 0.09%.
2. Vanguard S&P 500 ETF Tops $1 Trillion
Vanguard’s S&P 500 ETF reached and exceeded $1 trillion in assets on June 2, marking the first ETF ever to hit that milestone less than 18 months after overtaking SPDR’s product in asset size.
3. Fee Race and Investor Preferences
Investors continue to favour ultra-low-cost ETFs, fueling a three-way race between Vanguard, BlackRock and State Street funds while highlighting fee differentials as a key driver of broad market exposure strategies.
