Vanguard 500 Index Fund Admiral Shares (VFIAX) 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 VFIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VFIAX
VFIAX charges 0.04% annually. There are 7 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 | VFIAX vs BSPGX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | VFIAX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 145.69B | May 1997 | VFIAX vs SWPPX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | VFIAX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | VFIAX vs SSSYX |
Best Risk-Adjusted Alternatives to VFIAX
VFIAX has a PortfoliosLab risk / return rank of 62. There are 10 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 64.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 64 | — | Dec 2013 | VFIAX vs SPINX | |
| iShares S&P 500 Index Fund Class G | 63 | — | Jul 2019 | VFIAX vs BSPGX | |
| Principal Large Cap S&P 500 Index Fund Institution... | 63 | — | Mar 2001 | VFIAX vs PLFIX | |
| BNY Mellon Institutional S&P 500 Stock Index Fund | 62 | — | Sep 1993 | VFIAX vs DSPIX | |
| State Street Equity 500 Index Fund Class K | 62 | — | Sep 2014 | VFIAX vs SSSYX |
Top Performing VFIAX Alternatives (YTD)
VFIAX is at 10.45% YTD. There are 5 mutual funds in the S&P 500 category with higher YTD returns, going as high as 14.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 14.65% | — | May 2006 | VFIAX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 12.68% | — | Jul 1997 | VFIAX vs VADDX | |
| Victory 500 Index Fund | 10.60% | — | May 2002 | VFIAX vs USPRX | |
| Vanguard Institutional Index Fund Institutional Pl... | 10.46% | 355.20B | Jul 1997 | VFIAX vs VIIIX | |
| iShares S&P 500 Index Fund Class G | 10.46% | — | Jul 2019 | VFIAX vs BSPGX |
Lowest Volatility Alternatives to VFIAX
VFIAX has 12.57% 1-year volatility. There are 15 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 11.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 11.03% | — | Sep 2017 | VFIAX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.82% | — | Jul 1997 | VFIAX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.51% | — | Apr 1992 | VFIAX vs SPFIX | |
| CYBER HORNET S&P 500 | 12.54% | — | Mar 2017 | VFIAX vs INDEX | |
| Principal LargeCap S&P 500 Index Fund Class A | 12.54% | — | Feb 2001 | VFIAX vs PLSAX |
Lowest Drawdown Alternatives to VFIAX
VFIAX has a 1-year max drawdown of -8.90%. There are 4 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.88%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | VFIAX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | VFIAX vs SSSYX | |
| Schwab S&P 500 Index Fund | -8.89% | 145.69B | May 1997 | VFIAX vs SWPPX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | VFIAX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | -8.90% | 355.20B | Jul 1997 | VFIAX vs VIIIX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VTIAX, VIGAX and span 7 categories. AUM among these funds goes as high as $2T.
Often Compared With VFIAX
Investors most often compare VFIAX with VOO, VTI, SPY. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare VFIAX with Any Fund or Stock
Compare VFIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VFIAX with funds that move differently
Vanguard 500 Index Fund Admiral Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VFIAX.
Explore VFIAX Diversifiers