iShares

AAA

DEFINITION of 'iShares'

A large provider of exchange-traded funds, managed by the investment management company BlackRock. iShares, Inc. funds began trading in the United States and the United Kingdom in 2000, and are listed on major exchanges such as the NYSE Euronext, Chicago Board Options Exchange, Nasdaq and NYSE Arca. In 2010, iShares, Inc. represented 46% of the U.S. ETF market, with over 440 funds and excess of $480 billion in assets under management.

INVESTOPEDIA EXPLAINS 'iShares'

One example of ETFs are shares of a portfolio intended to track a market index. Owning shares of an ETF differs from owning shares of an index mutual fund in that ETFs are traded like stocks and can be more tax efficient and cost efficient. For example, iShares' S&P 500 fund, IVV, is designed to track the performance of the S&P 500.

RELATED TERMS
  1. Textile Industry ETF

    An exchange-traded fund that invests in textile manufacturers. ...
  2. Exchange-Traded Fund - ETF

    A security that tracks an index, a commodity or a basket of assets ...
  3. Index

    A statistical measure of change in an economy or a securities ...
  4. Index Fund

    A type of mutual fund with a portfolio constructed to match or ...
  5. QQQQ

    The previous ticker symbol for the Nasdaq 100 Trust, an ETF that ...
  6. Diversification

    A risk management technique that mixes a wide variety of investments ...
Related Articles
  1. Mutual Funds & ETFs

    Go International With Foreign Index ...

  2. Mutual Funds & ETFs

    Modernize Your Portfolio With ETF Futures

  3. Mutual Funds & ETFs

    Finding Fortune In Foreign-Stock ETFs

  4. Investing

    How can I buy an S&P 500 fund?

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center