10 Best Low-Risk Index Funds to Buy Now

3. Vanguard 500 Index Fund Admiral Shares (MUTF:VFIAX)

Expense Ratio: 0.040%

5-Year annualized Return as of July 29: 16.40%

Vanguard 500 Index Fund Admiral Shares (MUTF:VFIAX) is one of the best low-risk index funds to buy now. The Index fund tracks and seeks to replicate the performance of large capitalization stocks as listed in the S&P 500 index. The investment vehicle employs an index-based investment approach to track the benchmark index, the S&P 500.

Likewise, the Vanguard 500 Index Fund Admiral Shares (MUTF:VFIAX) portfolio is heavily weighted towards technology stocks, accounting for 34.40% of the portfolio, with Financial Services accounting for 13.58% of the portfolio. Consumer Cyclical accounts for 10.55%, and Healthcare accounts for 9.35%. The index fund has generated a 5-year annualized return of 16.42%. It also comes with a low expense ratio of 0.04%.