Vanguard Took the ETF Asset Crown. Here’s Why It Matters

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Vanguard Took the ETF Asset Crown. Here’s Why It Matters

State Street’s SPDR S&P 500 ETF Trust began its remarkable three-decades long run as the world’s largest exchange-traded fund back in 1993 when The X Files topped Nielsen ratings and MTV’s The Real World was “all that … and a bag of chips.”  Fast forward to today and there’s a new king. Vanguard’s S&P 500 ETF (VOO) finally cemented itself as the undisputed ETF heavyweight topping $632 billion in assets this week, thanks to a record-shattering $1…