5 Largest ETFs in the World

3. Vanguard 500 Index Fund (NYSE:VOO)

AUM: $265.16 Billion

Vanguard 500 Index Fund (NYSE:VOO) is an ETF that ‘invests in stocks in the S&P 500 Index’. With assets under management of over $265 billion as of August 30, 2022, Vanguard 500 Index Fund (NYSE:VOO) also ranks #3 on our list of 15 Largest ETFs in the World.

One reason for Vanguard 500 Index Fund (NYSE:VOO)’s popularity is that it has a low expense ratio of 0.03%, which makes the fund one of the cheapest ways to track the S&P 500. Another reason is that the S&P 500 is a popular index that is considered by many as a pretty decent reflection of overall U.S. stock returns.