The fourth largest asset management fund, State Street Global Advisors, controlling $3.5 trillion

• SPDR Funds and Performance

• Created the first S&P500 ETF (SPY)

• They run the SPDR funds/ETFs or Standard & Poor's Depository Receipt 

Above:

• SPY, not listed in the picture above, is managed by State Street Global Advisors

• SPY can be used as the baseline from which all ETFs should be judged since it represents the overall market

• SPY is not evenly weighted across industries and you can use a total market ETF