The Cheapest S&P 500 Index Funds

While cheaper doesn't necessarily mean better

the best S&P 500 index funds tend to be the ones with the lowest expense ratios

You shouldn't base your decision to invest in an S&P 500 index solely on price

but if you plan to invest long-term

the seemingly small differences in fees can add up to a sizeable amount of money.

Here are some qualities of index funds you'll want to look at before buying

1. Fidelity 500 Index Fund Symbol: FXAIX - Net Expense Ratio: 0.015% 2. Schwab S&P 500 Index Fund Symbol: SWPPX - Net Expense Ratio: 0.02% 3. State Street S&P 500 Index Fund Symbol: SVSPX - Net Expense Ratio: 0.16%

4. Vanguard 500 Index Fund Admiral Shares Symbol: VFIAX - Net Expense Ratio: 0.04% 5. T. Rowe Price Equity Index 500 Fund Symbol: PREIX - Net Expense Ratio: 0.19%


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