Vanguard has cemented itself as one of the biggest names in exchange-traded funds (ETFs). The investment advisory firm and global asset manager briefly surpassed BlackRock (NYSE: BLK) as the largest U.S. ETF provider by assets.
In fact, the firm now manages around $4.7 trillion in assets just in its ETFs, with the Vanguard S&P 500 ETF (NYSEARCA: VOO) becoming the first fund ever to surpass $1 trillion in assets under management (AUM) in June 2026.