INDEX Alternatives & Similar Mutual Funds

CYBER HORNET S&P 500 (INDEX) 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 INDEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to INDEX

INDEX charges 0.25% annually. There are 13 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
BSPGX	iShares S&P 500 Index Fund Class G	0.01%	—	Jul 2019	INDEX vs BSPGX
SSSYX	State Street Equity 500 Index Fund Class K	0.02%	—	Sep 2014	INDEX vs SSSYX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	0.02%	355.20B	Jul 1997	INDEX vs VIIIX
SWPPX	Schwab S&P 500 Index Fund	0.02%	143.85B	May 1997	INDEX vs SWPPX
FXAIX	Fidelity 500 Index Fund	0.02%	—	Feb 1988	INDEX vs FXAIX

Best Risk-Adjusted Alternatives to INDEX

INDEX has a PortfoliosLab risk / return rank of 65. There are 7 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.

Symbol	Name	Risk / Return Rank	AUM	Inception
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	65	—	Dec 2013	INDEX vs SPINX
FXAIX	Fidelity 500 Index Fund	65	—	Feb 1988	INDEX vs FXAIX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	65	355.20B	Jul 1997	INDEX vs VIIIX
VINIX	Vanguard Institutional Index Fund Institutional Sh...	65	355.20B	Jul 1990	INDEX vs VINIX
SSSYX	State Street Equity 500 Index Fund Class K	65	—	Sep 2014	INDEX vs SSSYX

Top Performing INDEX Alternatives (YTD)

INDEX is at 9.65% YTD. There are 17 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.

Symbol	Name	YTD Return	AUM	Inception
DXSLX	Direxion Monthly S&P 500 Bull 1.75X Fund	13.76%	—	May 2006	INDEX vs DXSLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	10.27%	—	Jul 1997	INDEX vs VADDX
USPRX	Victory 500 Index Fund	10.00%	—	May 2002	INDEX vs USPRX
FXAIX	Fidelity 500 Index Fund	9.79%	—	Feb 1988	INDEX vs FXAIX
SSSYX	State Street Equity 500 Index Fund Class K	9.78%	—	Sep 2014	INDEX vs SSSYX

Lowest Volatility Alternatives to INDEX

INDEX has 12.47% 1-year volatility. There are 5 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.

Symbol	Name	Volatility 1Y	AUM	Inception
PUTW	WisdomTree Equity Premium Income Fund	9.33%	236.88M	Feb 2016	INDEX vs PUTW
KNGLX	CBOE Vest S&P 500 Dividend Aristocrats Target Inco...	10.86%	—	Sep 2017	INDEX vs KNGLX
VADDX	Invesco Equally-Weighted S&P 500 Fund	11.93%	—	Jul 1997	INDEX vs VADDX
SPFIX	Shelton Capital Management S&P 500 Index Fund	12.45%	—	Apr 1992	INDEX vs SPFIX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	12.45%	—	Nov 2005	INDEX vs SPXX

Lowest Drawdown Alternatives to INDEX

INDEX has a 1-year max drawdown of -8.93%. There are 18 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
PUTW	WisdomTree Equity Premium Income Fund	-7.15%	236.88M	Feb 2016	INDEX vs PUTW
VADDX	Invesco Equally-Weighted S&P 500 Fund	-7.88%	—	Jul 1997	INDEX vs VADDX
SSSYX	State Street Equity 500 Index Fund Class K	-8.88%	—	Sep 2014	INDEX vs SSSYX
SWPPX	Schwab S&P 500 Index Fund	-8.89%	143.85B	May 1997	INDEX vs SWPPX
FXAIX	Fidelity 500 Index Fund	-8.89%	—	Feb 1988	INDEX vs FXAIX

Often Compared With INDEX

Investors most often compare INDEX with VOO, VIGAX, NYT. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	INDEX vs VOO
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	24	5.74%	393.80B	Nov 2000	INDEX vs VIGAX
NYT	The New York Times Company		77	5.47%	—	—	INDEX vs NYT
BCS	Barclays PLC		83	7.44%	—	—	INDEX vs BCS
VMIAX	Vanguard Materials Index Fund Admiral Shares	Materials	26	13.21%	4.50B	Feb 2004	INDEX vs VMIAX
OAKIX	Oakmark International Fund	Foreign Large Cap Equities	12	1.23%	—	Sep 1992	INDEX vs OAKIX
OAKLX	Oakmark Select Fund	Large Cap Value Equities	8	-2.65%	—	Nov 1996	INDEX vs OAKLX
VICE	AdvisorShares Vice ETF	Consumer Discretionary Equities	8	4.29%	7.33M	Dec 2017	INDEX vs VICE
HRB	H&R Block, Inc.		13	-15.66%	—	—	INDEX vs HRB
APGZX	AB Large Cap Growth Fund Class Z	Large Cap Growth Equities	12	2.21%	—	Jul 2015	INDEX vs APGZX
NFLX	Netflix, Inc.		4	-22.33%	—	—	INDEX vs NFLX
IARCX	Invesco Real Estate Fund	REIT	13	13.81%	—	May 1995	INDEX vs IARCX
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	28	15.90%	—	Jun 2002	INDEX vs PCRIX
MPEGX	Morgan Stanley Institutional Fund Trust Discovery ...	Mid Cap Growth Equities	2	-1.63%	—	Mar 1990	INDEX vs MPEGX
JNEMX	JPMorgan International Equity Fund Class R6	Foreign Large Cap Equities	23	10.05%	—	Dec 2010	INDEX vs JNEMX
JIVE	Jpmorgan International Value ETF	Foreign Large Cap Equities	83	14.48%	3.07B	Sep 2023	INDEX vs JIVE
WAAEX	Wasatch Small Cap Growth Fund	Small Cap Growth Equities	2	-0.08%	—	Dec 1986	INDEX vs WAAEX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	68	16.84%	—	Dec 1987	INDEX vs FBGRX
USTEX	USAA Tax Exempt Long Term Fund	Municipal Bonds	75	2.97%	—	Mar 1982	INDEX vs USTEX
FMED	Fidelity Disruptive Medicine ETF	Health & Biotech Equities	19	-2.44%	40.98M	Apr 2020	INDEX vs FMED

Compare INDEX with Any Fund or Stock

Compare INDEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair INDEX with funds that move differently

CYBER HORNET S&P 500 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to INDEX.

Explore INDEX Diversifiers

CYBER HORNET S&P 500 (INDEX) Alternatives