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Investing - Theory, News & General • Confused about ETFS vs mutual funds vs index funds

However, the S&P500, or in my case, SWPPX, is technically a mutual fund but instead of being actively managed it tracks the fortune 500 stocks so it has a low expense ratio (.02%). Because of this it's called an index fund? I'm just trying to figure out which ETF would be suitable/equivalent choice for hands off investing so that I can get similar performance to SWPPX after I convert my account.
Schwab offers:

SCHX
750 largest U.S. companies as ranked by full market capitalization
0.030% ER

SCHK
1,000 largest U.S. companies
Covers approximately 90% or more of the total U.S. stock market capitalization
0.050% ER

SCHB
2,500 largest publicly traded U.S. companies
0.030% ER

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Or you could use VOO or any of the other ETFs that cover the S&P500. ETFs from other fund companies trade for no charge.

VOO
Vanguard S&P 500 ETF
0.030% ER

Statistics: Posted by typical.investor — Thu Feb 29, 2024 2:15 am — Replies 5 — Views 527



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