The Vanguard S&P 500 ETF has surpassed US$971.5 billion in assets under management, cementing its position as the largest exchange-traded fund in the world.
The fund is followed closely by the iShares Core S&P 500 ETF, reflecting the continued dominance of passive US equity strategies in global portfolio construction.
2 trillion through the end of May, driving the asset class to unprecedented scale.
This milestone arrives as the broader ETF market is on track to shatter all previous records in 2026.
Sustained capital inflows have exceeded $1.2 trillion through the end of May, driving the asset class to unprecedented scale.
The growth underscores a structural shift in investor preference toward low-cost, transparent, and liquid passive vehicles.
The concentration of assets in mega-funds like Vanguard’s S&P 500 tracker highlights the increasing influence of passive flows on market pricing and liquidity.