COMPANIES

iShares

Office address: 55 E 52nd St, New York, NY 10022
Website: ishares.com/us
Year established: 1996
Company type: financial services
Employees: 19,800+ (BlackRock)
Expertise: exchange traded funds (ETFs), index mutual funds, fixed income, equity investing, thematic investing, sustainable investing, factor investing, retirement solutions, digital assets, commodities
Parent company: BlackRock
Key people: Samara Cohen (global head), Gargi Pal Chaudhuri (chief investment and portfolio strategist), Jay Jacobs, Karen Veraa-Perry, Daniel Prince, Kristy Akullian (heads), Jasmine Fan (investment strategist)
Financing status: corporate-backed or acquired

iShares is a New York-based ETF provider and the largest ETF issuer in the US and globally. BlackRock manages its lineup of more than 1,600 funds covering stocks, bonds, real estate, and commodities. The fund family oversees $5 trillion in global AUM and roughly $1.1 trillion in fixed income assets as of 2025.

History of iShares

The story of the provider started in 1973 when Wells Fargo built the first index strategy. Barclays later acquired the unit before selling it to BlackRock in 2009.

The iShares brand launched in 1996 with 17 ETFs, including the first international funds covering Mexico, Canada, and Brazil. This early move made the product line one of the first ETF innovators in the industry.

Firsts in bonds and sustainable investing

The fund family continued to lead with more firsts in the years that followed. The division launched the first bond ETFs in 2002, bringing low costs and deep liquidity to fixed income.

It introduced the first sustainable ETFs in 2005 for investors focused on ESG priorities. The provider then added the first sustainable fixed income ETFs in 2017.

Thematic and digital asset growth

The fund family expanded into thematic investing in 2019 with a new suite of ETFs. These funds gave investors access to companies driving innovation in tech, pharmaceuticals, and agriculture.

It entered digital assets in 2024 with the iShares Bitcoin Trust ETF (IBIT) and Ethereum Trust ETF (ETHA). IBIT became the fastest exchange traded product to reach $50 billion in AUM.

iShares milestones in 2024 and beyond

The provider hit major milestones in 2024 by opening its $435 billion Core S&P 500 ETF to proxy voting choice. This gave roughly 3 million retail shareholders a voice in corporate governance for the first time.

The fund family also expanded its global footprint by launching on Cboe Australia. This made it the first provider to list ETFs on all five Cboe exchanges worldwide. As of 2025, it offers over 1,600 funds with more than $5 trillion in AUM across 25 countries.

iShares products and services

iShares offers diversified, low-cost, and tax-efficient ETFs across multiple asset classes:

ETF types

  • bond ETFs: provide stability, income, and diversification for portfolios
  • factor ETFs: access stocks with historically proven return drivers
  • thematic ETFs: focus on long-term tech and consumer trends
  • buffer ETFs: target downside protection while participating in markets

Investment strategies

  • iShares LifePath Target Date ETFs: retirement solutions with a chosen target date
  • iShares Core ETFs: building blocks for long-term portfolio goals
  • sustainable ETFs: invest with ESG priorities in mind
  • income strategies: broad opportunities to seek yield

Tools and resources

  • Investment Growth Calculator: shows how contributions grow over time
  • Core Builder: demonstrates how iShares Core ETFs work together
  • ETF Comparison Tool: compare ETFs side-by-side for specific needs
  • Report Generator Tool: build customized reports with fund data

It also provides tools for financial advisors to build tax-efficient portfolios based on correlation and holdings overlap. Institutional investors can analyze ETF trade costs and liquidity through dedicated resources.

Culture and corporate values

iShares operates with what it calls a "never-finished" outlook. The ETF provider aims to stay ahead of investor needs and market changes. Its principles include:

  1. access: funds built for investors at any stage or budget
  2. value: low-cost, tax-efficient products help retain more earnings
  3. quality: high standards for tracking in all market conditions

As a BlackRock brand, employees receive various well-being benefits. Its culture centers on growth and work-life balance:

  • healthcare: medical, dental, and vision plans with telemedicine and savings accounts
  • financial support: retirement savings, tuition help, student loan and commuter benefits
  • compensation: competitive salary paired with annual discretionary bonus programs
  • physical wellness: gym discounts, preventive care, and wellness program offerings
  • emotional wellness: counseling services, volunteering opportunities, and gender transition support
  • time off: flexible PTO, parental leave, sick leave, and bereavement

Behind these offerings is a team with more than 20 years of industry experience. iShares experts track both macro and micro trends in investing.

About Global Head Samara Cohen and key people

Samara Cohen became BlackRock's global head of market development in 2025 and sits on the Global Executive Committee. Cohen previously worked at Goldman Sachs and served as BlackRock's first CIO of ETF and Index Investments. She holds a BS in finance from Wharton and an MBA from Harvard Business School.

Several leaders work alongside Cohen to guide iShares' investment strategies:

  • Gargi Pal Chaudhuri serves as chief investment and portfolio strategist for the Americas, delivering macro insights to retail and institutional clients
  • Jay Jacobs is US head of thematics and active equity ETFs, leading research on EVs, blockchain, and clean energy
  • Karen Veraa-Perry is head of iShares US fixed income strategy, producing thought leadership and helping launch new ETFs
  • Daniel Prince is the provider's head of product consulting, co-leading efforts to improve outcomes in underserved communities
  • Kristy Akullian is head of investment strategy, guiding investment decisions and insights for its clients
  • Jasmine Fan is the investment strategist, supporting market analysis and investment strategy for clients

These experts monitor micro and macro trends across global markets. Their insights help shape iShares' investment approach and product development.

The future at iShares

iShares launched the Total USD Fixed Income Market ETF (BTOT) in 2025, marking a first for BlackRock. The fund covers more of the bond market than traditional benchmarks, including bank loans and inflation-linked securities. This release shows that the provider is working to give investors more complete bond market access.

The provider's reach also extends into global equity markets. The iShares Europe ETF (IEV) returned about 35 percent in 2025, more than doubling the S&P 500's 16 percent gain. Wealth managers now cite IEV as a key benchmark when comparing European and US stock performance. This result shows how the fund family's international ETFs can help investors find growth beyond domestic markets.

The latest iShares news

Displaying 186 results
How to customize market cap exposure with BlackRock ETFs
IN THE NASDAQ FEB 05, 2025
How to customize market cap exposure with BlackRock ETFs

Jay Jacobs, U.S. Head of iShares Thematic and Active ETFs for BlackRock, sits down with InvestmentNews anchor Gregg Greenberg to offer his outlook for technology and Bitcoin ETFs, as well as explain how investors can diversify and customize market cap exposure.

Vanguard fund close to toppling world's largest ETF
ETFS JAN 24, 2025
Vanguard fund close to toppling world's largest ETF

With sticky investors and strong initial inflows for 2025, the S&P 500 tracking ETF is threatening the decades-long reign of State Street's SPY.

Top 10 best REITs to invest in
GUIDES JAN 20, 2025
Top 10 best REITs to invest in

Discover the best REITs to invest in. Explore top-performing companies, key metrics trends, and strategies to maximize returns

Vanguard 401k: A new investors guide to the basics
GUIDES JAN 13, 2025
Vanguard 401k: A new investors guide to the basics

Is the 401(k) by Vanguard good enough for retirement planning, or should you recommend another provider? Know more here

BlackRock ETF takes first bite of blockchain-based muni debt
ETFS DEC 18, 2024
BlackRock ETF takes first bite of blockchain-based muni debt

The world's largest asset manager claims leadership as the first investor to buy a piece of the first-of-its-kind municipal bond issuance.

Financial advisors sound off on their top investments for 2025
EQUITIES DEC 12, 2024
Financial advisors sound off on their top investments for 2025

Wealth managers may be sad to see 2024 go, but they still see some bright ideas for the coming year.

Some advisors are bullish on commercial real estate. Here's why
ALTERNATIVES DEC 11, 2024
Some advisors are bullish on commercial real estate. Here's why

Properties seem to have recovered better than expected after the COVID-19 office exodus.

Don't count out European equities in 2025, Schwab strategist says
EQUITIES DEC 05, 2024
Don't count out European equities in 2025, Schwab strategist says

Overweighting US stocks has been the smart move for the past 2 years, but the environment is changing, Schwab's Jeffrey Kleintop said.

BlackRock wades further into active ETFs with first mutual-fund flip
ETFS NOV 18, 2024
BlackRock wades further into active ETFs with first mutual-fund flip

The asset management titan's latest maneuver to convert an international dividend strategy puts it in league with rivals including Dimensional Fund Advisors and Fidelity.

Not all advisors on bitcoin bandwagon, despite record returns
ALTERNATIVES NOV 14, 2024
Not all advisors on bitcoin bandwagon, despite record returns

Bitcoin may be hitting all-time highs, but that's not fazing some advisors who still view the cryptocurrency with skepticism.

Trump win sparks multibillion dollar ETF spree
EQUITIES NOV 07, 2024
Trump win sparks multibillion dollar ETF spree

The exuberance following his second presidential victory created a risk-on mood among traders, with $18 billion of new money plowed into US equity strategies.

Investors exit EM bond ETFs ahead of US election volatility
EMERGING MARKETS NOV 04, 2024
Investors exit EM bond ETFs ahead of US election volatility

Mounting concerns around emerging market debt, including a coin-toss presidential race, sparked significant outflows in October.

BlackRock gets in line for the elusive ETF share class
ETFS NOV 01, 2024
BlackRock gets in line for the elusive ETF share class

The giant asset manager's "timing is interesting", says analyst as State Street goes the other way, seeking approval for mutual fund share classes of existing ETFs.

BlackRock broadening iShares lineup with bond ladder ETFs
ETFS OCT 29, 2024
BlackRock broadening iShares lineup with bond ladder ETFs

Building on its pioneering defined maturity ETF suite, the new ETF funds-of-funds aim to give advisors a simple way to deploy the classic risk management strategy.

Can Big Tech dominance continue? New ETFs enable dueling views
EQUITIES OCT 24, 2024
Can Big Tech dominance continue? New ETFs enable dueling views

Investors are getting additional options to dial up – or strip out – their exposure to disproportionately influential Magnificent Seven stocks.