What is an ETF issuer?

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In short
  • As of Nov 4, 2026, 402 companies issue US ETFs, and iShares alone runs 461 of them with 29.2% of all net assets.

In plain words

An issuer creates a fund, sets its fee and runs it. Vanguard, iShares and State Street are large; many firms run only one or two funds.

iShares runs 461 ETFs and 29.2% of all net assets; the other 402 issuers share the rest. Large issuers tend to charge less on core funds. Small ones offer narrower ideas. ETFIQ reads each issuer’s daily disclosures and falls back to SEC filings.

Questions

Who is the largest ETF issuer?

As of Nov 4, 2026, iShares is the largest by net assets, with 29.2% of the total across 461 funds.

How many ETF issuers are there?

ETFIQ counts 402 issuers of US-listed ETFs as of Nov 4, 2026.

Is an ETF issuer the same as the index provider?

No. The issuer runs the fund. The index provider, such as S&P or MSCI, licenses the index the fund follows.

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ETFIQ, What is an ETF issuer?, data as of Nov 4, 2026. https://etfiq.com/learn/what-is-an-etf-issuer

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Free to use with attribution for ETFIQ’s data. Not investment advice.

Not investment advice. ETFIQ is independent and makes no recommendations.