Little difference in returns among largest S&P500 funds, small funds can have lower returns
Vanguard 500 Admiral fund is had the best return with 13.85%/ iShares 500 ETF had a return of 13.85%
Of the worse performing funds invesco S&P 500 C was the only big name I've seen. Its return was 12.42% with both high expense ratio and tracking error
This story is easy to summarize. Aside from TIAA-CREF S&P 500 Index (TISPX), which contains $8 billion, all the top funds are huge. Whereas actively run stock funds often struggle with success, size benefits S&P 500 funds. Having a giant asset base permits them to hire the necessary staff while also keeping their costs low. In addition, because their portfolios are largely static, their bulk rarely hampers their trading.
The 10th-percentile fund beat the 90th-percentile fund by 1.3 percentage points per year. Over the decade, it outdid its rival by 40 percentage points: $4,000 on an initial $10,000 investment.
This story is easy to summarize. Aside from TIAA-CREF S&P 500 Index (TISPX), which contains $8 billion, all the top funds are huge. Whereas actively run stock funds often struggle with success, size benefits S&P 500 funds. Having a giant asset base permits them to hire the necessary staff while also keeping their costs low. In addition, because their portfolios are largely static, their bulk rarely hampers their trading.