The 10 Largest ETFs by Asset Size

The three largest ETF providers in the U.S. are Blackrock Inc’s iShares, State Street Corp’s State Street Global Advisors and Vanguard Group. These three companies account for 85% of the total ETF assets.

Hundreds of ETFs are now listed on the market. For example, iShares alone offers 215 ETFs which hold over $368B in assets. Not all of the ETFs attract sizable assets. Some of the ETFs that failed to attract investors’ interest have been closed by providers. In 2008, sponsors closed 50 ETFs and last year they closed another 51 funds. Despite the availability of many ETFs, new ETFs continue to hit the market. Among the new ETFs launched this year,the ETFS Physical Platinum Shares(PPLT)  has already collected $491 million in assets as of September 27th.

The 10 Largest ETFs ranked by Asset Size are listed below:

S.No. Name Ticker Assets as of September 30, 2010 (in $ billions)
1 SPDR S&P 500 ETF SPY 78.01
2 streetTRACKS Gold Trust ETF GLD 54.81
3 iShares MSCI Emerging Markets Index Fund EEM 45.09
4 Vanguard Emerging Markets ETF VWO 36.2
5 iShares MSCI EAFE EFA 34.94
6 iShares S&P 500 IVV 22.69
7 Power Shares QQQ Nasdaq 100 QQQQ 22.14
8 iShares Barclays TIPS Bond TIP 20.28
9 iShares Barclays Investment Grade Corp Bond LQD 14.84
10 Vanguard Total Stock Market ETF VTI 14.63

Source: The Wall Street Journal

Two emerging market ETFs in the top five confirm the attraction of emerging markets to investors. The streetTRACKS Gold ETF (GLD) takes the number two spot as the flight to safety into gold continues.

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