💨 Abstract
The article discusses the shift from active to passive index funds in the mutual fund and ETF industries, highlighting the cost efficiency of the latter. Passive funds mirror index benchmarks, reducing costs tied to research, trading, and management. The text lists ten low-cost index funds, including Fidelity 500 Index Fund (FXAIX), Vanguard Total Stock Market Index Fund (VTSAX), and Fidelity Zero Total Market Index Fund (FZROX).
Courtesy: wtop.com