What are some s&p 500 funds to buy
6/20/2024 01:16am
When considering S&P 500 funds to buy, it's crucial to evaluate cost, long-term performance, and accessibility for regular investors. Here are some options to consider:
1. **Low-Cost Leaders**:
- Fidelity 500 Index Fund (FXAIX) has an expense ratio of 0.015% and is accessible with no minimum investment.
- Schwab S&P 500 Index Fund (SWPPX) also has a low expense ratio of 0.02% and no minimum investment requirement.
- Vanguard 500 Index Fund - Admiral Shares (VFIAX) has a modest expense ratio of 0.04% and a minimum investment of $3,000.
2. **Zero Expense Ratio**:
- Fidelity ZERO Large Cap Index (FNILX) stands out with a zero expense ratio, making it an attractive option for cost-conscious investors.
3. **Popular and Diversified Options**:
- iShares Core S&P 500 ETF is a widely followed exchange-traded fund (ETF) with a low expense ratio.
- SPDR S&P 500 ETF Trust and Vanguard Total Stock Market ETF are also popular choices with low expense ratios and broad exposure to the S&P 500 index.
These funds are designed to track the S&P 500 index closely, which provides exposure to some of the largest and most established companies in the U.S. market. Investors should consider their investment goals, risk tolerance, and the specific fund's historical performance before making a decision.