S&P 500 index funds allow you to invest in the Standard & Poor’s 500 Index, a collection of stocks that includes America’s largest and most successful companies. Here are the best S&P 500 index funds, including mutual funds and exchange-traded funds. Top S&P 500 index funds in 2024Fund (ticker) 5-year annual returns Expense ratio Minimum investment Fidelity ZERO Large Cap Index (FNILX) 15.3% 0% None Vanguard S&P 500 ETF (VOO) 15.2% 0.03% None SPDR S&P 500 ETF Trust (SPY) 15.2% 0.095% None iShares Core S&P 500 ETF (IVV) 15.2% 0.03% None Schwab S&P 500 Index (SWPPX) 15.2% 0.02% None Vanguard 500 Index Fund (VFIAX) 15.2% 0.04% $3,000 Fidelity 500 index fund (FXAIX) 15.2% 0.015% NoneEach of these funds tracks the S&P 500 index, so it’s little surprise that they have basically the same annual return over the same five-year period. In fact, S&P 500 index funds are some of the market’s cheapest – well below the average fund’s cost. It’s incredibly easy to buy an S&P 500 index fund, too – here’s how to invest in a fund.

Source: ABC News March 11, 2024 17:48 UTC