[{"data":1,"prerenderedAt":58},["ShallowReactive",2],{"term:index-fund":3},{"term":4,"related":45},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":38,"stem":39,"takeaways":40,"__hash__":44},"terms\u002Fterms\u002Findex-fund.md","Index Fund",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-index-fund","Understanding Index Fund",[16,17,18],"p",{},"An index fund holds the same securities as an index, such as the S&P 500, in the same proportions.",[16,20,21],{},"Because it is passively managed, it has low costs and avoids the risk of a manager underperforming the market.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"investing","A fund built to match the performance of a market index.","md",[],{},true,"\u002Fterms\u002Findex-fund",[35,36,37],"etf","diversification","expense-ratio",{"title":6,"description":28},"terms\u002Findex-fund",[41,42,43],"An index fund tracks a market index.","Passive management keeps fees low.","It offers broad diversification in one holding.","rze0X6COus1EAGb0mDaW9y_PJrC6L4Ym1bjIiZIirQA",[46,50,54],{"title":47,"description":48,"path":49},"Diversification","Spreading money across many investments to reduce the impact of any one loss.","\u002Fterms\u002Fdiversification",{"title":51,"description":52,"path":53},"Exchange-Traded Fund (ETF)","A fund that holds a basket of assets and trades on an exchange like a stock.","\u002Fterms\u002Fetf",{"title":55,"description":56,"path":57},"Expense Ratio","The yearly fee a fund charges, as a percentage of assets.","\u002Fterms\u002Fexpense-ratio",1793226379196]