Largest BlackRock equity ETFs worldwide in June 2026, by net AUM

BlackRock, leading global equity funds as of June 19, 2026, by net assets under management (AUM)

BlackRock is the worlds largest asset manager, and its iShares brand is the largest family of exchange-traded funds. This report ranks the largest BlackRock equity ETFs worldwide in June 2026 by net assets under management, and the list is dominated by a single giant fund that BlackRock as a whole manages around 14 trillion dollars, about two thirds of it in passive strategies, yet This concentration in one flagship product is striking for a firm that offers hundreds of equity ETFs covering almost every market, style and region imaginable.

At the very top sits the iShares Core S&P 500 ETF, with around 800 billion dollars in assets, one of the two largest ETFs in the world. Behind it stretches a long tail of international, size and style funds, each far smaller. This ranking sits alongside the performance views in our worst-performing BlackRock funds report and our leading BlackRock funds by NAV return analysis.

One giant on top: the iShares Core S&P 500 ETF, at around 800 billion dollars, dwarfs every other BlackRock equity ETF. International, mid-cap, small-cap and style funds follow far behind, none above 150 billion.

These funds are part of the iShares lineup, the worlds largest ETF family, and several rank among the biggest funds anywhere. Their place in the wider market is set out in our largest ETFs by market cap coverage.

A note on the data. The figures cover BlackRock equity ETFs only, under the iShares brand, ranked by net assets under management. They are approximate, drawn from iShares and industry data, and move with markets, so Net assets are measured by multiplying each fund shares outstanding by This means a fund can grow either because the stocks it holds rise in value or because investors pour in fresh money, and in recent years both forces have pushed the largest equity ETFs steadily higher. The firms full asset mix is set out in our BlackRock AUM by asset class breakdown.

Largest BlackRock Equity ETFs by Net AUM

The table lists the largest BlackRock equity ETFs by net assets in 2026, with each fund as a share of the top ten total. It shows how the iShares Core S&P 500 ETF alone makes up the majority of the assets, dwarfing every other equity fund. The dominance of a single fund is the first thing the numbers reveal: no other equity ETF in the BlackRock lineup comes anywhere close to the assets held by the iShares Core S&P 500 ETF, which stands in a class entirely of its own at the head of the table, larger than the next several funds put together.

Largest BlackRock Equity ETFs by Category

By category, the largest BlackRock equity ETFs split into a few clear groups: broad US large-cap funds, international developed and emerging market funds, US small and mid-cap funds, and style funds tilted to growth or value. Eight of the ten largest equity ETFs invest mainly in US stocks, with only two pure international funds making the list, underlining how heavily BlackRock biggest equity assets are concentrated at home. A broader view of the firms behind such funds appears in our leading fund managers ranking.

The iShares Core S&P 500 ETF and the Total US Stock Market ETF lead the US large-cap group, while international funds such as the Core MSCI EAFE and Core MSCI Emerging Markets ETFs provide the main overseas exposure, a mix explored in our BlackRock AUM by asset class analysis.

US large-cap rules: broad US large-cap funds hold the great majority of the assets, led by the Core S&P 500 ETF. International, small and mid-cap, and style funds make up the rest, each far smaller than the US core.

This heavy tilt toward broad US large-cap funds reflects where investors have put their money: into cheap, simple funds tracking the S&P 500 and the wider US market. International, small-cap and style funds, while large, The iShares Core S&P 500 ETF and the Total US Stock Market ETF together capture the bulk of the assets, as investors gravitate toward the simplest, cheapest ways to That convenience, owning hundreds of leading companies through one cheap, liquid fund, is the central reason these core US funds have grown so much larger than their more specialised peers.

Giant Funds, Tiny Fees

What makes these giant equity funds remarkable is how little they cost. The largest, the iShares Core S&P 500 ETF, charges an expense ratio of just 0.03 percent, yet holds around 800 billion dollars, while the By comparison, a traditional actively managed fund might charge 0.5 to 1 percent or more, so an investor in the giant core funds pays only a few dollars a year for every 10,000 dollars invested.

Plotting each fund net assets against its expense ratio shows the pattern: the biggest core funds cluster at the very low-cost end, while international and style funds, which cost more to run, are both pricier and smaller. Low cost has been central to the iShares rise, as our largest ETF providers coverage shows.

Cheap at scale: each bubble is a fund, placed by its expense ratio and net assets. The giant core US funds cluster at the ultra-low-cost left, while smaller international and style funds sit higher on cost. Size and low fees go together.

This mix of vast size and low fees is the heart of the iShares model. Cheap, broad funds attract enormous sums, which lets BlackRock keep fees low, which draws in still more money, a cycle that That scale is the foundation of the iShares franchise: by gathering trillions of dollars across hundreds of funds, BlackRock can spread its costs thinly and keep cutting fees in a way smaller rivals struggle to match. That franchise is profiled in our iShares ETF overview.

Net Assets and Fees of the Top Funds

Pairing net assets with fees underlines the same point: the biggest equity ETFs are also among the cheapest. The core US funds charge as little as 0.03 percent, while the pricier Despite their lower fees, the core US funds generate substantial revenue simply because of their size, while pricier international and factor funds bring in less even at higher fee rates.

The iShares Core S&P 500 ETF charges 0.03 percent on around 800 billion dollars, generating large revenue purely through scale, while funds like the MSCI EAFE ETF charge more but hold far less. This trade-off runs across the industry, as our BlackRock assets under management overview shows.

Size meets cost: the bars show net assets while the line shows the expense ratio. The biggest core funds charge as little as 0.03 percent, earning revenue only through their vast scale, while international and style funds cost more.

This is index investing at scale. Tiny fees on vast sums still add up, while giving investors a cheap, broad product, which in turn draws in more money and pushes the funds even larger, the same flywheel that powers It is the same model Vanguard pioneered and BlackRock scaled through iShares, turning low-cost index funds from a niche product into the default way millions of people invest in the stock market.

How the Top Funds Have Grown

The largest BlackRock equity ETFs have grown enormously in just a few years. Comparing net assets in 2020 with 2026 shows that the biggest funds have roughly tripled, while others have doubled, The combination of a long bull market in US stocks and persistent new money from individual investors, advisers and retirement plans pushed assets in these funds to record levels through 2024 and 2025.

The iShares Core S&P 500 ETF led the way, growing from around 250 billion dollars in 2020 to around 800 billion by 2026, as US stocks rose and money poured into low-cost index funds. This rapid growth mirrors the wider shift to ETFs, as our leading Vanguard funds comparison shows.

Tripled in six years: comparing 2020 with 2026, the largest BlackRock equity ETFs have grown sharply, led by the Core S&P 500 ETF, which roughly tripled from around 250 billion to 800 billion dollars as markets rose and inflows poured in.

The pattern shows compounding at the level of individual funds. A fund holding several hundred billion dollars can add another hundred billion in a strong year, through a mix of market gains and At this scale, a single strong year can add a sum larger than the entire size of many mid-sized funds, The effect compounds over time, so the gap between the flagship fund and the rest of the lineup has tended to widen rather than narrow, even as the smaller funds themselves have grown.

How Concentrated the Assets Are

BlackRock equity ETF assets are extraordinarily concentrated in one fund. The iShares Core S&P 500 ETF alone holds roughly two thirds of the assets in the top ten, and far This makes the iShares Core S&P 500 ETF not just the largest equity ETF in the lineup, but a fund whose size rivals the combined assets of the next four or five funds on the list put together.

This concentration reflects how investors cluster in a few flagship funds. When millions of people choose the same low-cost S&P 500 ETF, it swells to enormous size, while more specialised funds stay far smaller, a pattern our asset manager statistics overview notes.

Top-heavy by design: the iShares Core S&P 500 ETF alone holds more than half of the assets in the top ten, and the top three around two thirds. A single broad fund carries most of the weight.

The result is that a single fund carries most of the weight of BlackRock equity ETF business. This makes the firm unusually dependent on its flagship S&P 500 fund, but it also reflects the simplicity and low For investors, that popularity is self-reinforcing: a larger, more liquid fund is cheaper and easier to trade, which attracts still more money, Liquidity and scale feed on each other in this way, which helps explain why a small number of giant funds have come to dominate the market for broad index ETFs.

US Versus International Equity ETFs

Splitting the largest funds into US and international shows how strongly weighted they are toward the United States. US equity funds make up the great majority of the assets in the top ten, US large-cap, mid-cap and small-cap funds together account for the great majority of the assets in the top ten, while the international developed and emerging market funds, though large, trail well behind.

US large-cap, mid-cap and small-cap funds together dwarf the international developed and emerging market funds, even though BlackRock offers some of the largest international ETFs in the world. This home bias is common among US investors, as our largest asset managers coverage reflects.

A strong home tilt: US equity funds make up the great majority of the assets in the top ten, with international developed and emerging market funds a much smaller share, despite BlackRock offering some of the largest international ETFs anywhere.

The tilt toward US funds reflects both the strong, long-running performance of US stocks and the tendency of American investors to favour their home market. International funds remain large in absolute terms, but they trail This home bias has been reinforced by years of strong US stock returns, which have drawn money toward American equity funds and away from international ones, Whether that home bias persists will depend partly on how US stocks perform against international markets in the years ahead, but for now the For now, no international or specialised fund looks close to challenging the broad US trackers that sit at the top of the BlackRock equity lineup.

The Rise of the iShares Core S&P 500 ETF

The rise of the iShares Core S&P 500 ETF has been remarkable. From around 250 billion dollars in 2020, its net assets climbed steadily, reaching around 800 billion by 2026, That kind of growth, turning a 250 billion dollar fund into an 800 billion dollar one, is extraordinary for a fund that was already among the largest in It is one of the clearest examples anywhere of how money has flooded into low-cost index funds over the past decade, concentrating ever more assets in a handful of giant products.

Strong US stock markets and relentless inflows into low-cost index funds both drove the climb. The fund growth reflects the broader move into ETFs, even as it remains the second-largest ETF in the world behind a single Vanguard rival, whose own scale is covered in our Vanguard assets under management report.

A steady climb: the iShares Core S&P 500 ETF grew from around 250 billion dollars in 2020 to around 800 billion by 2026, lifted by rising US stocks and steady inflows. It is now the second-largest ETF in the world.

The fund steady ascent shows how powerfully money has flowed into cheap, broad US equity funds. It is now one of the two largest ETFs in existence, and despite its size, it Only the Vanguard S&P 500 ETF, which crossed 1 trillion dollars in 2026, is larger, leaving the Between them, the Vanguard and BlackRock S&P 500 funds hold well over 1.5 trillion dollars, a remarkable concentration of money in That two of the three largest ETFs in the world track the identical S&P 500 index shows just how completely that single benchmark has come to define mainstream investing in the United States.

BlackRock Equity ETF Assets by Segment

Grouping the funds by segment shows where BlackRock equity ETF assets sit. US large-cap funds hold by far the most, followed by international funds, then The four segments together show how BlackRock equity ETF money is distributed: heavily weighted to broad US large-cap, but with meaningful holdings across That breadth lets investors mix and match exposures, pairing the broad US core with targeted bets on smaller companies, specific styles or overseas markets, all For many investors and advisers, that ability to assemble a complete, diversified portfolio from one trusted, inexpensive provider is a large part of why the iShares range has grown so dominant.

The dominance of US large-cap reflects the pull of the S&P 500 and the wider US market, while the spread across other segments shows the breadth of the iShares range. The firm offers funds for almost every corner of the equity market, as our asset management overview coverage notes.

Where the money sits: US large-cap funds hold by far the most assets, followed by international funds, then US small and mid-cap, and finally style funds. The spread shows both the concentration and the breadth of the iShares range.

This segment view captures both the concentration and the breadth of the iShares equity lineup. One segment, US large-cap, holds most of the money, but the firm still Few other providers can match that combination of a dominant flagship fund and a deep, well-funded bench of supporting products spanning regions, This depth means that even as one fund dominates the headlines, BlackRock equity range as a whole offers a genuinely complete toolkit for building diversified portfolios at low cost, and the full count of those funds appears in our number of BlackRock funds overview.

The Lowest-Cost Funds

The defining feature of the largest BlackRock equity ETFs is their low cost. The biggest core US funds charge expense ratios of just 0.03 to 0.06 percent, among the cheapest available anywhere, meaning investors pay only Such low fees would have seemed impossible a generation ago, when costs of 1 percent or more were normal, and they are a direct result of fierce competition between BlackRock and Vanguard to offer the cheapest funds.

International and style funds charge a little more, typically 0.07 to 0.32 percent, reflecting their higher running costs, but they remain inexpensive by industry standards. BlackRock has steadily cut fees over the years That fee war between the two largest providers has saved investors enormous sums over the years, even as it has squeezed the profit margins of the funds themselves.

A few hundredths of a percent: the biggest core US funds charge expense ratios of just 0.03 to 0.06 percent, while international and style funds cost a little more, up to around 0.32 percent, still cheap by industry standards.

These low fees are central to why investors have entrusted iShares with so much money. Over decades, the difference between a 0.03 percent fee and a 1 percent fee compounds into large sums, which is For long-term, buy-and-hold investors, minimising fees is one of the few factors entirely within their control, which is why It is a virtuous circle that has reshaped the whole fund industry, pushing costs down across the board as providers compete to offer BlackRock and Vanguard between them now dominate the market for cheap index ETFs, and their largest funds set the standard that Smaller providers can compete on niche themes, but on broad, core market exposure the scale of the two leaders is very hard to challenge.

Largest BlackRock Equity ETFs: The Big Picture

Taken together, the largest BlackRock equity ETFs show a clear pattern: a single giant S&P 500 fund dominates, followed by a long tail of This shape, one dominant fund plus a broad supporting cast, is typical of the largest ETF families, where a few flagship products carry most of the assets and The result is a lineup that is at once highly concentrated, with one giant fund, and remarkably broad, with funds for That combination of concentration and breadth is precisely what has made iShares the largest ETF brand in the world, trusted by individual investors and giant institutions alike, and unmatched in scale by any rival ETF family in the world today.

These funds are large because they are simple, cheap and trusted, drawing steady money from tens of millions of investors. The dominance of the iShares Core S&P 500 ETF captures how completely low-cost US index investing has won, a shift seen across our biggest companies by value rankings.

For BlackRock, the lesson is that scale and low cost reinforce each other. The biggest equity ETFs attract the most money because they are the cheapest and broadest, and that money makes them bigger and cheaper still, As long as investors keep favouring cheap, broad, simple funds, BlackRock largest equity ETFs are likely to keep growing, cementing their place among The trajectory of the past decade suggests that, barring a prolonged market downturn, Each new wave of savers entering the market through retirement accounts and automated investing tends to flow first into exactly these broad, cheap, well-known funds, reinforcing the dominance of the giants at the very top of the list, while the funds drawing the most new money feature in our fastest-growing BlackRock funds report.

Taken together, the data shows that BlackRock equity ETF assets are concentrated in a small number of giant, low-cost funds, led overwhelmingly by the iShares Core S&P 500 ETF at around 800 billion dollars. International, size and style funds Together these ten funds hold well over a trillion dollars, a concentration that reflects how completely investors have embraced cheap, broad index ETFs as their core holdings.

Whether ranked by size or by cost, the largest BlackRock equity ETFs tell the same story: broad, cheap index funds have drawn in vast sums and reshaped how the world invests in stocks. From one near-trillion-dollar S&P 500 fund to a wide range of global equity funds, the iShares scale For ordinary investors, the lesson is that the biggest funds are big precisely because they are cheap and broad, a reminder that in investing, low cost and wide diversification have That simple principle, broad and cheap beats narrow and expensive for most long-term investors, is the thread running through every fund at the top of this list.

Frequently Asked Questions: Largest BlackRock Equity ETFs