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
Election supercycle is making ESG investors nervous
RIA NEWS JUN 26, 2024
Election supercycle is making ESG investors nervous

With multiple elections globally, anti-green backlash is in focus.

Is growth stock domination coming to an end?
RIA NEWS JUN 13, 2024
Is growth stock domination coming to an end?

Value stocks have had a rough time over the past few years. Some advisors see a change at hand.

BlackRock gives anti-ESG investors a proxy voting option
RIA NEWS JUN 11, 2024
BlackRock gives anti-ESG investors a proxy voting option

A policy from a proxy advisor new to BlackRock's voting choice program opposes "stakeholder capitalism" proposals.

BlackRock kills 15 funds, including remote-work ETF
ETFS JUN 10, 2024
BlackRock kills 15 funds, including remote-work ETF

The biggest sustainable investment manager in the US is also cutting six such products.

Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier
ETFS JUN 10, 2024
Biggest CLO ETF cements its dominance as it smashes $10B AUM barrier

The fund, which is neither the first mover nor the price leader, now has a roughly 90 percent share of the bourgeoning market.

Land of the rising returns. More advisors discovering Japanese stocks
RIA NEWS JUN 07, 2024
Land of the rising returns. More advisors discovering Japanese stocks

Japanese stocks are on a tear thanks to the country's depreciating currency, causing American advisors to look across the Pacific for profits.

BlackRock's $20 Billion ETF becomes world’s biggest bitcoin fund
RIA NEWS MAY 29, 2024
BlackRock's $20 Billion ETF becomes world’s biggest bitcoin fund

The firm's offering has nudged ahead of Grayscale.

What an outsider CEO could mean for Vanguard
ETFS MAY 16, 2024
What an outsider CEO could mean for Vanguard

Former iShares leader Salim Ramji will take over in July with question marks over Vanguard's ETFs, crypto strategy, customer service, and international business.

Bond yield volatility requires new trading strategies
RIA NEWS MAY 16, 2024
Bond yield volatility requires new trading strategies

The market is riskier, but that can mean opportunity.

Vanguard names former BlackRock exec as new CEO
RIA NEWS MAY 15, 2024
Vanguard names former BlackRock exec as new CEO

The firm has announced the successor to Tim Buckley.

Global ETF demand shrivels amid doused Fed rate-cut hopes
ETFS MAY 10, 2024
Global ETF demand shrivels amid doused Fed rate-cut hopes

April data show 'muted' sentiment among investors, with equity ETF flows declining and fixed income maintaining strength.

Big asset managers silent over ESG backlash
RIA NEWS MAY 02, 2024
Big asset managers silent over ESG backlash

Regulatory uncertainty, performance, and politicization has discouraged some advisors and fund shops.

Bad day for Bitcoin, net $218M withdrawn from ETFs
RIA NEWS APR 26, 2024
Bad day for Bitcoin, net $218M withdrawn from ETFs

Hong Kong will become latest market to launch crypto ETFs.

Should advisors be looking for gold alternatives?
RIA NEWS APR 22, 2024
Should advisors be looking for gold alternatives?

Gold has been shining this year, but there are other precious metals that advisors may want to consider adding to portfolios.

The complications of investing in China
EQUITIES APR 08, 2024
The complications of investing in China

As performance has dragged for Chinese equities, money has flowed out of funds.