Vanguard Overtakes BlackRock as U.S. ETF Giant
Vanguard now manages $4.39 trillion across 116 U.S. ETFs, edging out BlackRock’s $4.36 trillion and ending its 20‑year reign. The shift underscores the power of Vanguard’s low‑fee, buy‑and‑hold model, while BlackRock still leads globally with about $6 trillion in ETF assets.