BNY Mellon Institutional S&P 500 Stock Index Fund (DSPIX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DSPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DSPIX
DSPIX charges 0.20% annually. There are 12 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | DSPIX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | DSPIX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | DSPIX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | DSPIX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | DSPIX vs SSSYX |
Best Risk-Adjusted Alternatives to DSPIX
DSPIX has a PortfoliosLab risk / return rank of 66. There are 11 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 67.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 67 | — | Dec 2013 | DSPIX vs SPINX | |
| Fidelity 500 Index Fund | 66 | — | Feb 1988 | DSPIX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 66 | 355.20B | Jul 1997 | DSPIX vs VIIIX | |
| State Street Equity 500 Index Fund Class K | 66 | — | Sep 2014 | DSPIX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Sh... | 66 | 355.20B | Jul 1990 | DSPIX vs VINIX |
Top Performing DSPIX Alternatives (YTD)
DSPIX is at 10.09% YTD. There are 14 mutual funds in the S&P 500 category with higher YTD returns, going as high as 14.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 14.48% | — | May 2006 | DSPIX vs DXSLX | |
| Victory 500 Index Fund | 10.43% | — | May 2002 | DSPIX vs USPRX | |
| Vanguard Institutional Index Fund Institutional Pl... | 10.19% | 355.20B | Jul 1997 | DSPIX vs VIIIX | |
| Fidelity 500 Index Fund | 10.19% | — | Feb 1988 | DSPIX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 10.18% | 355.20B | Jul 1990 | DSPIX vs VINIX |
Lowest Volatility Alternatives to DSPIX
DSPIX has 12.48% 1-year volatility. There are 22 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.27% | 236.88M | Feb 2016 | DSPIX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.84% | — | Sep 2017 | DSPIX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.90% | — | Jul 1997 | DSPIX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.42% | — | Apr 1992 | DSPIX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.42% | — | Nov 2005 | DSPIX vs SPXX |
Lowest Drawdown Alternatives to DSPIX
DSPIX has a 1-year max drawdown of -8.92%. There are 14 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | DSPIX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | DSPIX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | DSPIX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | DSPIX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | DSPIX vs FXAIX |
Other Mutual Funds from BNY Mellon
The 10 most viewed BNY Mellon mutual funds shown here include DREVX, PEOPX, DAGVX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BNY Mellon Large Cap Securities Fund | Large Cap Growth Equities | 36 | 7.56% | — | May 1951 | DSPIX vs DREVX | |
| BNY Mellon S&P 500 Index Fund | S&P 500 | 63 | 9.95% | — | Jan 1990 | DSPIX vs PEOPX | |
| BNY Mellon Dynamic Value Fund | Large Cap Value Equities | 82 | 15.01% | — | Sep 1995 | DSPIX vs DAGVX | |
| BNY Mellon Dynamic Value Fund Class I | Large Cap Value Equities | 83 | 15.16% | — | May 2001 | DSPIX vs DRGVX | |
| BNY Mellon Natural Resources Fund Class A | Energy Equities | 59 | 17.88% | — | Oct 2003 | DSPIX vs DNLAX | |
| BNY Mellon Smallcap Stock Index Fund | Small Cap Blend Equities | 66 | 19.49% | — | Jun 1997 | DSPIX vs DISSX | |
| BNY Mellon Global Real Return Fund - Class I | Tactical Allocation | 74 | 6.09% | — | May 2010 | DSPIX vs DRRIX | |
| BNY Mellon Small/Mid Cap Growth Fund Class Y | Mid Cap Growth Equities | 15 | 12.06% | — | Jun 2013 | DSPIX vs DBMYX | |
| BNY Mellon Active MidCap Fund | Mid Cap Blend Equities | 52 | 12.91% | — | Jan 1985 | DSPIX vs DNLDX | |
| BNY Mellon Technology Growth Fund | Technology Equities | 72 | 34.98% | — | Oct 1997 | DSPIX vs DTGRX |
Often Compared With DSPIX
Investors most often compare DSPIX with VOO, SPY, PRNHX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare DSPIX with Any Fund or Stock
Compare DSPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DSPIX with funds that move differently
BNY Mellon Institutional S&P 500 Stock Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DSPIX.
Explore DSPIX Diversifiers