Vanguard vs. Blackrock Funds

Is One Better Than the Other?

These two companies are the powerhouses in the industry.

If you’re an owner of an exchange-traded fund (ETF) or index fund, chances are they are from either Vanguard  or Blackrock.

Vanguard has $7.9 trillion in assets under management, and Blackrock has $9.5 trillion.

This post will take an in-depth look at Vanguard vs. Blackrock funds to share the pros and cons of each company.

Vanguard

Vanguard was established in 1975 by Jack Bogle, who believed that a mutual fund company should not have outside owners.

Instead, shareholders of the Vanguard Group own the company’s different funds.

Thus, the shareholders are the actual owners of Vanguard.

Blackrock

Blackrock started in 1988 with eight people in a single room who shared a determination to put clients’  needs first.

By 1999, Blackrock rapidly grew to $165 billion in assets under management and then went public on the New York Stock Exchange.

Blackrock may not be as well known as Vanguard, but the company has more assets under management with more than $9.5 trillion.

Index Funds, Exchange-Traded Funds, and Mutual Funds

Before we get into some of the differences in Vanguard vs. Blackrock funds, let’s first cover some of the terminologies.

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