The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Vanguard ETF Emerges as Number Three Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 20, 2011

A Vanguard ETF Emerges as Number Three

News summary by MFWire's editors

Fundsters interested in the ongoing struggle for marketshare on the ETF side of the mutual fund business may want to take a look at Bloomberg. Charles Stein reports that, according to Morningstar data, as of yesterday Vanguard's [see profile] Emerging Market ETF had surpassed BlackRock's [see profile] iShares MSCI Emerging Markets ETF to become the third largest ETF ($46.2 billion vs. $46 billion in assets). The two ETFs also track the same index.

Morningstar ETF research director Paul Justice put the shift (the Vanguard ETF was half the size of the iShares one at the end of 2009) in the context of the ongoing ETF "pricing war," noting that the Vanguard offering costs 27 basis points and the iShares one costs 69 bps.

iShares U.S. distribution chief Jennifer Grancio reminded Bloomberg that iShares boasts the biggest emerging markets ETF business (as well as the biggest overall ETF business). 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use