Published on 4 Nov 2024 on Benzinga
... ETF Manager: Here's How Their Funds With...S&P 500 Fared This Year - iShares...
Vanguard has surpassed BlackRock as the manager of the world’s second-largest ETF.
What Happened: Vanguard’s S&P 500 ETF VOO has edged past BlackRock’s iShares Core S&P 500 ETF IVV in terms of assets. As of last Friday, VOO held $540.76 billion, slightly exceeding IVV’s $540.66 billion, based on Morningstar data. This marks a notable change, as VOO was $58 billion behind IVV at the start of 2022, Financial Times reported on Tuesday.