iShares are the brand of ETFs issued by investment management firm, BlackRock. There are hundreds of iShare products to choose from, whether you are after exposure to US mid-cap stocks, companies that are doing the right thing by the environment or exposure to emerging markets. You can invest in an ETF that tracks the performance of the ASX200 or the Bloomberg AusBond Composite 0+ Yr Index for exposure to the lower-risk world of bonds.
The other major issuer of ETFs that Australian investors would recognise is Vanguard, and the companies combined make up the largest number of funds under management in Australia. Vanguard is the market leader with $39 billion worth of funds under management, while iShares is second with $24 billion funds under management as of 2022.
BlackRock is cutting fees on some of its most popular iShares in order to compete with Vanguard in Australia. For example, the previous management fee on the iShares Core S&P/ASX 200 ETF was .o9%, but it has recently been cut to .05%. Management fee, of course, is just one metric you should use in evaluating an ETF, but it’s an important one.