What are the best S&P 500 index funds?

VFIAX and SWPPX are some of the best S&P 500 index funds on the market in terms of costs and minimums. S&P 500 index funds track the S&P 500 — a market index made up of about 500 U.S. companies. The biggest difference between S&P 500 ETFs and S&P 500 index funds is that exchange-traded funds (ETFs) can be traded throughout the day like stocks.

Are S&P 500 index funds equal weight?

The only exception to this is the “equal weight” S&P 500 fund, which is significantly more expensive but offers the feature of additional diversification. It is the only established equal-weight S&P 500 index fund available to mutual fund investors. What Are S&P 500 Index Funds?

What is a good expense ratio for an S&P 500 index fund?

Expense ratio. An S&P 500 index fund must have a net expense ratio of 0.2% or less to be considered for this list. This factor was weighted heavily. That’s because it has the greatest effect on an S&P 500 index fund’s tracking error and performance.