Largest Vanguard investment funds worldwide in March 2024, by net assets
The largest investment fund owned by the asset management company Vanguard, as of March 2024, was the Vanguard Total Stock Market Index Fund. At this time, the fund held net assets under management (AUM) of approximately 1.3 trillion U.S. dollars. This fund is divided into seven different products, some of which are sold as a traditional mutual fund, while others are sold as an exchange-traded fund (ETF).
An ETF is a basket of shares (or other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.