iShares S&P 500 Index Fund Class K (WFSPX) 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 WFSPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WFSPX
WFSPX charges 0.03% annually. There are 5 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 | WFSPX vs BSPGX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | WFSPX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | WFSPX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | WFSPX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | WFSPX vs SWPPX |
Best Risk-Adjusted Alternatives to WFSPX
WFSPX has a PortfoliosLab risk / return rank of 65. There are 5 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 | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | WFSPX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | WFSPX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | WFSPX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | WFSPX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | WFSPX vs SSSYX |
Top Performing WFSPX Alternatives (YTD)
WFSPX is at 9.77% YTD. There are 8 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | WFSPX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | WFSPX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | WFSPX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | WFSPX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | WFSPX vs SSSYX |
Lowest Volatility Alternatives to WFSPX
WFSPX has 12.49% 1-year volatility. There are 9 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 | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | WFSPX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | WFSPX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | WFSPX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | WFSPX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | WFSPX vs SPXX |
Lowest Drawdown Alternatives to WFSPX
WFSPX has a 1-year max drawdown of -8.90%. There are 5 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 | WFSPX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | WFSPX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | WFSPX vs SSSYX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | WFSPX vs FXAIX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | WFSPX vs SWPPX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, BDMIX, LIVIX and span 9 categories. AUM among these funds goes as high as $11B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.26% | — | Sep 2021 | WFSPX vs ECAT | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | WFSPX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | WFSPX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | WFSPX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | WFSPX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | WFSPX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | WFSPX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | WFSPX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | WFSPX vs FAMRX | |
| Vanguard Tax-Managed Small-Cap Fund Admiral Shares | Small Cap Blend Equities | 69 | 20.11% | 10.70B | Mar 1999 | WFSPX vs VTMSX |
Often Compared With WFSPX
Investors most often compare WFSPX with JLGMX, VOO, FSPGX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare WFSPX with Any Fund or Stock
Compare WFSPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WFSPX with funds that move differently
iShares S&P 500 Index Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WFSPX.
Explore WFSPX Diversifiers