Largest ETFs in the U.S. in June 2024, by assets under management

The largest exchange traded fund (ETF) traded in the United States, as of June 18, 2024 was the State Street SPDR S&P 500. At this point, the ETF held assets under management (AUM) of approximately 534.9 billion U.S. dollars. The State Street SPDR S&P 500 ETF was created in January 1993, and tracks the S&P 500 Index.

What are ETFs?

An ETF is basket of shares or other financial assets which 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.

Are ETFs a good investment?

As ETFs holds a basket of stocks and other financial assets, they are diverse and are considered low-risk investments. This makes them popular among risk averse investors, beginners, or among those who plan to invest more long-term. The popularity of ETFs has increased dramatically in the last decade, which can be seen by the steady increase of number of ETFs worldwide.