Index Funds S&P 500 Equal Weight (INDEX)
The fund will invest, under normal circumstances, at least 80% of its net assets and borrowings for investment purposes in securities of issuers included in the index. The index is designed to measure the performance of 500 U.S. companies chosen for market size, liquidity and industry grouping, among other factors. In some instances, one or more of the 500 companies may have more than one share class included in the index.
Fund Info
US45407J3005
31635V539
Mar 9, 2017
$1,000
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Index Funds S&P 500 Equal Weight, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Index Funds S&P 500 Equal Weight had a return of 25.93% year-to-date (YTD) and 32.02% in the last 12 months.
INDEX
25.93%
1.74%
13.53%
32.02%
13.17%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of INDEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.66% | 5.32% | 3.19% | -4.11% | 4.92% | 3.59% | 1.27% | 2.38% | 2.08% | -0.95% | 25.93% | ||
| 2023 | 7.48% | -3.25% | -0.86% | 0.30% | -3.90% | 7.79% | 3.08% | -2.97% | -5.09% | -4.08% | 8.46% | 4.53% | 10.58% |
| 2022 | -4.39% | -0.84% | 2.57% | -6.49% | 0.95% | -9.43% | 8.71% | -3.49% | -9.22% | 9.74% | 6.57% | -4.79% | -11.84% |
| 2021 | -0.89% | 5.98% | 5.92% | 4.70% | 1.84% | 0.15% | 1.28% | 2.37% | -3.82% | 5.34% | -2.53% | 6.13% | 29.10% |
| 2020 | -1.83% | -8.98% | -17.73% | 14.40% | 4.62% | 1.55% | 4.84% | 4.43% | -2.55% | -0.67% | 14.25% | 4.22% | 12.75% |
| 2019 | 9.83% | 3.65% | 0.91% | 3.59% | -6.93% | 7.48% | 0.87% | -3.16% | 3.13% | 1.26% | 3.37% | 2.76% | 28.98% |
| 2018 | 4.51% | -4.35% | -1.02% | 0.40% | 1.43% | 0.85% | 3.21% | 1.98% | 0.12% | -7.20% | 2.72% | -10.82% | -8.97% |
| 2017 | 2.13% | 3.18% | 0.04% | 0.62% | 0.58% | 1.20% | 1.58% | -0.95% | 2.92% | 1.07% | 3.83% | 1.18% | 18.70% |
| 2016 | -5.66% | 1.14% | 7.86% | 1.25% | 1.36% | -0.08% | 4.18% | 0.16% | 0.04% | -2.41% | 5.22% | -0.88% | 12.12% |
| 2015 | 0.88% | -2.10% | 0.89% | -5.14% | -3.00% | 7.24% | 0.24% | -4.19% | -5.57% |
Expense Ratio
INDEX has an expense ratio of 0.25%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of INDEX is 86, placing it in the top 14% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Index Funds S&P 500 Equal Weight (INDEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Index Funds S&P 500 Equal Weight provided a 1.24% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.71 | $0.71 | $0.50 | $0.53 | $0.58 | $0.55 | $0.49 | $0.35 | $0.30 | $0.28 |
Dividend yield | 1.24% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Index Funds S&P 500 Equal Weight. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2015 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Index Funds S&P 500 Equal Weight. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Index Funds S&P 500 Equal Weight was 38.82%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Index Funds S&P 500 Equal Weight drawdown is 0.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.82% | Feb 13, 2020 | 27 | Mar 23, 2020 | 161 | Nov 9, 2020 | 188 |
| -21.52% | Jan 5, 2022 | 186 | Sep 30, 2022 | 336 | Feb 2, 2024 | 522 |
| -20.84% | Sep 24, 2018 | 64 | Dec 24, 2018 | 129 | Jul 1, 2019 | 193 |
| -17.91% | May 22, 2015 | 183 | Feb 11, 2016 | 104 | Jul 12, 2016 | 287 |
| -9.9% | Jan 29, 2018 | 9 | Feb 8, 2018 | 138 | Aug 27, 2018 | 147 |
Volatility
Volatility Chart
The current Index Funds S&P 500 Equal Weight volatility is 3.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.