Largest Vanguard investment funds worldwide in June 2024, by net assets

The largest investment fund owned by the asset management company Vanguard, as of June 2024, was the Vanguard Total Stock Market ETF. At this time, the fund held net assets under management (AUM) of approximately 1.5 trillion U.S. dollars. As of June 2024, the one-year return rate of Vanguard's best-performing funds was over 28 percent.

What is an Exchange-Traded Fund (ETF)?

An Exchange-Traded Fund (ETF) is a basket of shares (or other financial assets) that generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock. This ensures liquidity and the ability to buy and sell shares at any time during market hours.

Where does Vanguard stand in the ETFs market? 

Vanguard owns nearly half of the 15 largest ETFs by market capitalization worldwide. It is a leading provider of ETFs due to its low costs, strong reputation, and long-term investment approach. The firm has consistently focused on reducing expenses, which can affect investors' returns over time. Additionally, as of January 16, 2023, the Vanguard Total Bond Market ETF was the largest fixed-income ETF traded in the United States.