[World's First Trillion-Dollar ETF Emerges] Jin10 Data, June 4 – According to reports from multiple U.S. media outlets on June 3, the ETF tracking the S&P 500 index under Vanguard Group has surpassed $1 trillion in assets, becoming the world's first trillion-dollar ETF and setting a new record in the passive investment industry. The ETF, with the ticker symbol VOO, has a management fee of 0.03%, significantly lower than its major competitors. The surge in fund size is primarily driven by the AI investment boom in U.S. equities and the global shift of capital toward low-cost passive products. Analysts have pointed out that with the waiting period for new S&P 500 inclusions being shortened from 12 months to 6 months and Nasdaq implementing new rules for rapid IPO index inclusion, massive passive funds are expected to be directed toward high-profile companies like SpaceX and Anthropic, which are preparing to go public. Once these two companies are quickly included in mainstream indices, trillion-dollar passive funds like VOO will increase their holdings in accordance with regulations. Founded in 1975, Vanguard Group operates under a mutual ownership structure. As of the end of Q1 2026, its global assets under management totaled approximately $12.32 trillion. By leveraging low-cost index investing, Vanguard has reshaped the global fund industry landscape and is considered one of the "Big Three" U.S. asset management giants alongside BlackRock and State Street.