Whose funds made money
for investors5Y

Find an issuer

Data as of Nov 5, 2026 · a scoreboard, not advice

5YVanguard’s funds made $1.59T for investors over the past 5 years.

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The Standings

ETF Issuer Standings

Money made · 5Y

#
1	Vanguard	116	73 of 81	90%	+45.9%	$1.59T	$1.9B	13	$4.59T	$0.04
2	iSharesBlackRock	482	295 of 331	89%	+39.2%	$1.39T	$7.5B	21	$4.63T	$0.16
3	SPDRState Street	187	113 of 130	87%	+42.2%	$860B	$2.5B	16	$2.13T	$0.12
4	Invesco	247	158 of 185	85%	+39.4%	$395B	$2.2B	15	$965B	$0.23
5	Schwab	34	23 of 26	88%	+47.4%	$214B	$437M	1	$622B	$0.07
6	Dimensional	46	9 of 9	100%	+67.4%	$102B	$1.2B	1	$500B	$0.23
7	First Trust	333	168 of 178	94%	+49.0%	$90.0B	$1.7B	32	$289B	$0.60
8	VanEck	91	39 of 52	75%	+25.5%	$79.2B	$751M	19	$156B	$0.48
9	J.P. Morgan	80	30 of 32	94%	+42.0%	$61.8B	$1.0B	5	$355B	$0.29
10	AvantisAmerican Century	33	11 of 12	92%	+64.2%	$59.3B	$386M	3	$156B	$0.25
11	Fidelity	84	40 of 43	93%	+52.0%	$39.0B	$441M	10	$189B	$0.23
12	WisdomTree	94	59 of 65	91%	+46.2%	$33.7B	$339M	8	$103B	$0.33
	All US ETFs	5,803	1,765 of 2,124	83%	+40.7%	$5.15T	$29.5B	1,120	$16.40T	$0.18

End-of-day Nov 5, 2026 · top 12 of 506 · white tick = all ETFs 83%

The League

Money Made by ETF Issuers

$5.15Tmade by all US ETFs · an estimate

#IssuerMade

1Vanguard$1.59T

2iShares$1.39T

3SPDR$860B

4Invesco$395B

5Schwab$214B

6Dimensional$102B

7First Trust$90.0B

8VanEck$79.2B

9J.P. Morgan$61.8B

10Avantis$59.3B

End-of-day Nov 5, 2026

AUM by ETF Issuer

Today

$16.40TAUM in all US ETFs · % is each issuer’s share

#IssuerAUM

1iShares28.3%$4.63T

2Vanguard28.0%$4.59T

3SPDR13.0%$2.13T

4Invesco5.9%$965B

5Schwab3.8%$622B

6Dimensional3.0%$500B

7J.P. Morgan2.2%$355B

8First Trust1.8%$289B

9Fidelity1.2%$189B

10Capital Group1.0%$164B

End-of-day Nov 5, 2026

Fees Earned by ETF Issuers

$29.5Bearned by all issuers in a year · % of it

#IssuerEarned

1iShares25.4%$7.5B

2SPDR8.6%$2.5B

3Invesco7.5%$2.2B

4Vanguard6.4%$1.9B

5First Trust5.9%$1.7B

6Dimensional3.9%$1.2B

7J.P. Morgan3.5%$1.0B

8ProShares2.9%$848M

9VanEck2.5%$751M

10Capital Group2.1%$616M

End-of-day Nov 5, 2026

ETF Issuer Win %

83%of all US ETFs made money · 1,765 of 2,124

#Issuer · 10+ fundsWin %

1VictoryShares15 of 15100%

2TrueShares14 of 14100%

3American Century11 of 11100%

4Columbia Threadneedle10 of 10100%

5Dimensional9 of 9100%

6AllianzIM9 of 9100%

7NY Life Investments8 of 8100%

8John Hancock7 of 7100%

9Alpha Architect5 of 5100%

10GraniteShares5 of 5100%

End-of-day Nov 5, 2026

Lowest-Fee ETF Issuers

Today

$0.18per $100 a year, all US ETFs · the tick

#Issuer · 10+ fundsFee

1Vanguard$4.59T$0.04

2Schwab$622B$0.07

3SPDR$2.13T$0.12

4BondBloxx$8.8B$0.14

5F/m$10.5B$0.16

6iShares$4.63T$0.16

7ADR hedged$23.8M$0.19

8Goldman Sachs$69.2B$0.21

$0$0.25

End-of-day Nov 5, 2026

All ETF Launches

2026

1,120new US ETFs in 2026

#IssuerNew

1Corgi Funds207 funds206

2LeverageShares117 funds64

3Tradr83 funds47

4Defiance93 funds43

5First Trust333 funds32

6GraniteShares92 funds28

7Direxion135 funds22

8Rexshares63 funds22

End-of-day Nov 5, 2026

Head to Head

Pick any two

Vanguard vs iShares

116 funds · $4.59TVanguardvsiSharesBlackRock · 482 funds · $4.63T

Money made

$1.59T

$1.39T

Vanguard wins1.1×

Assets

$4.59T

$4.63T

iShares1.0× more

Fees earned

$1.9B

$7.5B

iShares4.0× more

Launches 2026

iShares1.6× more

Win %

90%

89%

Vanguard wins+1.0 pt

Typical fund return

+45.9%

+39.2%

Vanguard wins+6.7 pts

Fee per $100

$0.04

$0.16

Vanguard wins4× cheaper

Vanguard4Wins0iShares

End-of-day Nov 5, 2026 · money made is an estimate · dots mark the 4 scored measures

Schwab vs Vanguard

34 fundsSchwabvsVanguard116 funds

Money made

$214B

$1.59T

Vanguard 7.4×

AUM

$622B

$4.59T

Vanguard 7.4×

Fees earned

$437M

$1.9B

Vanguard 4.3×

Funds

116

Vanguard +82

AlsoSchw.Vang.

Win %88%90%

Typical fund+47.4%+45.9%

Fee per $100$0.07$0.04

Launches113

Wins13

End-of-day Nov 5, 2026 · money made is an estimate

SPDR vs Invesco

SPDRState Street · 187 funds

Invesco247 funds

$860BMoney made$395B

$2.13TAssets$965B

87%Win %85%

+42.2%Typical return+39.4%

$0.12Fee per $100$0.23

$2.5BFees earned$2.2B

16Launches 202615

4Wins0

4–0SPDR wins

End-of-day Nov 5, 2026

Avantis vs Dimensional

Avantis

American Century · 33 funds

+64.2%

typical return

Dimensional

46 funds

+67.4%

typical return

92%Win %100%

11 of 12Made money9 of 9

$59.3BMoney made$102B

$156BAssets$500B

$0.25Fee per $100$0.23

$386MFees earned$1.2B

0Wins4

End-of-day Nov 5, 2026 · money made is an estimate

Direxion vs ProShares

Win % · 5Y

Direxion

135 funds

38%

win %

22 of 58 made money

Typical return

−28.3%

Money made

$2.9B

Fee per $100

$0.96

Assets

$62.1B

Launches 2026

Wins

ProShares

172 funds

51%

win %

66 of 129 made money

Typical return

+1.6%

Money made

$32.3B

Fee per $100

$0.73

Assets

$116B

Launches 2026

Wins

End-of-day Nov 5, 2026 · money made is an estimate

Vanguard vs All ETFs

Vanguard

116 funds

90%

win % · 73 of 81

All ETFs

5,803 funds

83%

win % · 1,765 of 2,124

Typical return+45.9%+40.7%

Fee per $100$0.04$0.18

Vanguard’s slice

Assets28.0% · $4.59T of $16.40T

Money made30.8% · $1.59T of $5.15T

Funds2.0% · 116 of 5,803

End-of-day Nov 5, 2026 · money made is an estimate

Closer In

ETF Issuer Launches vs Record

2026

464 of 1,1202026 launches came from these eight issuers · 41%

#IssuerFundsLaunches 2026Win %Money made

1Corgi Funds207206new—

2LeverageShares1176423%−$505M

3Tradr834715%−$657M

4Defiance934333%−$478M

5First Trust3333289%$33.6B

6GraniteShares922825%−$1.7B

7Direxion1352241%−$2.6B

8Rexshares632210%−$1.6B

End-of-day Nov 5, 2026 · win % and money made over the past year · “new” = no fund a year old

Corgi Funds

2026

206launches · 18.4% of all 2026 launches

New in 2026 · 206Older · 1

AUM: $632M
Fees earned: $1.9M
Fee per $100: $0.31
Win %: —

End-of-day Nov 5, 2026

ETF Issuer Fee Ladder

Today

$18a year on $10,000, all US ETFs · the tick

12 largest$0$0.35$0.70$100$10K

Vanguard$0.04$4

Schwab$0.07$7

SPDR$0.12$12

iShares$0.16$16

Invesco$0.23$23

Dimensional$0.23$23

Fidelity$0.23$23

Avantis$0.25$25

J.P. Morgan$0.29$29

Capital Group$0.38$38

VanEck$0.48$48

First Trust$0.60$60

End-of-day Nov 5, 2026

Money Lost by ETF Issuers

−$9.0Blost by issuers whose funds lost money

#IssuerLost

1ARK−$4.4B

2KraneShares−$3.2B

3AdvisorShares−$760M

4Teucrium−$173M

5EMQQ Global−$147M

6REX Microsectors−$89.9M

7Renaissance−$57.0M

8Bitwise−$52.3M

9AGF−$41.3M

10Capital Force−$25.0M

End-of-day Nov 5, 2026 · an estimate · the 10 largest losses

Where ETF Issuer Fees Go

$29.5Ball ETF issuer fees in a year, split by issuer

End-of-day Nov 5, 2026

Whose funds made moneyfor investors5Y

The Standings

The League

Head to Head

Closer In

Whose funds made money
for investors5Y