List of US ETF providers is alphabetical, but can be sorted according to year of entry into the marketplace. The table contains, where available, links to each provider's website, as well as links to a provider's ETF database page. These links provide information regarding each provider's range of offerings, expense ratios, and access to factsheets, prospectuses, annual reports and additional information.
Since the first issuance of an exchange-traded fund (the SPYDER S&P 500 ETF) on the American Stock Exchange in 1993, there has been steady growth in the number of firms providing ETFs in the U.S. market. At year end 2015, ETF's in the U.S. totaled 1594 funds holding 2.1 trillion dollars in net assets. [note 1]
The ETF marketplace is quite active, with new firms frequently entering and leaving (through acquisition, merger or liquidation) the marketplace. In terms of net assets under management, the U.S. marketplace is dominated by the large ETF providers (Blackrock, State Street, and Vanguard).[note 2]Some providers specialize in offering exchange-traded notes (ETNs) or funds-- primarily those specializing in commodities or currencies-- that are held in master limited partnerships (LP). These forms of organization possess additional risks to the potential shareholder (credit risk with ETNs and tax complications with LPs). Firms specializing in these instruments are footnoted.
- ↑ ICI: December 2015 ETF statistics
Number of ETFs and Total Net Assets (Billions of Dollars)
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- ↑ The bulk of ETF assets are held by dominant providers. The table below provides the top 20 US providers, measured by assets under management. Assets under management, as of the end of the fourth quarter 2015, derived from index.universe.com. Daily updates to ETF providers' AUMs are available at ETF League Tables, indexuniverse.com.
|US Commodity Funds
- ↑ ETF providers derived from etf database
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 Provider of exchange-traded notes (ETNs).
- ↑ Blackrock manages Ishares ETFs.
- ↑ DBX Strategic Advisory was aqcuired by Deutsche Bank on June 30, 2010
- ↑ Direxion is distributed by Rafferty Asset Management, LLC.
- ↑ In 2009 Guggenheim acquired Clayborn Securities and changed the name of the ETFs to the Guggenheim name. In September 2011, Guggenheim absorbed Rydex, and rebranded the Rydex ETFs to the Guggenheim name. Rydex deal puts Guggenheim squarely in the ETF frame, Investment News, September 11, 2011. Retrieved 29 July 2012.
- ↑ FlexShares are managed by Northern Trust.
- ↑ Oppenheimer purchased Revenue Shares ETF's in 2015, press report, Nasdaq. Retrieved February 2, 2016
- ↑ Provider of Limited Partnership exchange-traded funds.
- ↑ Virtus acquired a majority interest in ETF Issuer Solutions (ETFis) in January 2015, press release