7 Low-Cost Index Funds and 7 Low-Cost Index ETFs
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Looking to invest in a diversified fund without a steep price tag? Look no further than low-cost index funds. These funds offer a basket of securities for a very minimal fee.
Top-rated low-cost index funds
The lowest-cost index fund may not be the best performing index fund. Be sure to weigh other factors such as market capitalization and sector focus when evaluating index funds. It’s also important to remember that past performance does not indicate future performance.
Ticker | Fund name | Expense ratio |
|---|---|---|
FXAIX | Fidelity 500 Index | 0.015% |
FSKAX | Fidelity Total Market Index | 0.015% |
SWPPX | Schwab S&P 500 Index | 0.02% |
WFSPX | iShares S&P 500 Index | 0.03% |
SWTSX | Schwab Total Stock Market Index | 0.03% |
VFIAX | Vanguard 500 Index | 0.04% |
VIGAX | Vanguard Growth Index Fund Admiral Shares | 0.05% |
Source: VettaFi. Data current as of April 2, 2024. This data is for informational purposes only.
Top-rated low-cost index ETFs
Some of the cheapest index funds out there are actually exchange-traded funds, or ETFs. ETFs often track indexes just like index funds do, but they tend to have lower investment minimums (the amount of money you have to have in order to start investing in a fund). They also tend to have slightly lower expense ratios.
Learn more about index funds vs. ETFs
Ticker | Fund name | Expense ratio |
|---|---|---|
BKLC | BNY Mellon US Large Cap Core Equity ETF | 0.00% |
SFY | SoFi Select 500 ETF | 0.00% |
SPLG | SPDR Portfolio S&P 500 ETF | 0.02% |
BBUS | JPMorgan BetaBuilders U.S. Equity ETF | 0.02% |
IVV | iShares Core S&P 500 ETF | 0.03% |
VTI | Vanguard Total Stock Market ETF | 0.03% |
VOO | Vanguard S&P 500 ETF | 0.03% |
Source: VettaFi. Data current as of April 2, 2024. This data is for informational purposes only.
» Ready to get started? See our roundup of the best online brokers for ETF investing.
