28 September 2022
By : Quick Insurance Guru
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An index fund is an investment fund that is based on a stock basket.
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This index may be created by the fund manager themselves or a company such as an investment bank or a brokerage.
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The list below contains index funds from a variety of companies.
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1. Fidelity ZERO Large Cap Index
The Fidelity ZERO Large Cap Index mutual fund is part of the company's foray into mutual funds with no expense ratio, hence its ZERO moniker.
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2. Vanguard S&P 500 ETF
The Vanguard S&P 500 is one of the largest funds on the market.
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3. SPDR S&P 500 ETF Trust
The SPDR S&P 500 ETF has been founded since 1993. It started the wave of ETF investing that has become so popular today.
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4. iShares Core S&P 500 ETF
The iShares Core S&P 500 ETF is a fund sponsored by BlackRock, one of the largest fund companies. The S&P 500 is tracked by the iShares fund.
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5. Schwab S&P 500 Index Fund
With tens of billions in assets, the Schwab S&P 500 Index Fund is on the smaller side of the heavyweights on this list.
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