Blackrock may not be as well known as Vanguard, but their assets under management include equity, fixed income, cash management, alternative investment, real estate, and advisory strategies.
Before we get into some of the differences in Vanguard vs. Blackrock funds, let’s first cover some of the terminologies.
An index fund is a type of mutual fund or ETF, though the unique aspect always matches the components of an index or specific financial market.
An exchange-traded fund (ETF) typically matches an index similar to index investing. However, an ETF can trade on an exchange.
Mutual funds can be much broader than passively managed index funds or ETFs. Passively managed funds, like the S&P 500 Index fund, invest in a way that matches the corresponding index.