Vanguard is the best-selling U.S. family of exchange traded funds so far this year and continues to gain ground on State Street Global Advisors, the second-largest ETF provider.
Total assets in State Street’s U.S.-listed ETFs totals $311.5 billion, while Vanguard weighs in at $297.8 billion, according to XTF.com.
It’s important to note the State Street figure does not include SPDR Gold Shares (NYSEArca: GLD), which holds nearly $38 billion of assets. GLD is technically sponsored by a unit of the World Gold Council, while State Street is the ETF’s marketing agent.
Through the end of July, Vanguard had pulled in net ETF flows of $33.9 billion year to date in the U.S., according to data from BlackRock, which manages the iShares ETFs.
State Street’s YTD inflows at its U.S.-listed ETFs totaled $7.5 billion — but that figure does include GLD. State Street’s inflows would be much higher if GLD is stripped out. The gold ETF saw net outflows of nearly $20 billion so far this year through the end of July. [GLD Battles to Keep Spot Among Largest ETFs]