The best passive funds are those that closely track a broad market index, such as the S&P 500, and have low expense ratios. Here are some examples of top passive funds:
- Vanguard S&P 500 ETF (VOO): This fund tracks the S&P 500 and has a low expense ratio of 0.03%. It has been recognized for its strong performance and is one of the largest and most widely held ETFs.
- iShares Core S&P 500 ETF (IVV): With a low expense ratio of 0.03%, IVV is another popular choice for investors looking to passively invest in the S&P 500.
- Fidelity ZERO Large Cap Index (FNILX): This fund has a unique feature of having no expense ratio, making it one of the most cost-effective options for investors looking to passively invest in large-cap stocks.
- SPDR S&P 500 ETF Trust (SPY): As the first ETF ever created, SPY has a long history of strong performance and is highly regarded for its low expense ratio of 0.07%.
These funds are well-diversified, low-cost options for investors looking to passively invest in the stock market. It's important to consider your investment goals and risk tolerance when choosing the right passive fund for your portfolio.
9/5/2024 02:20am
