10 Best Low-Risk Index Funds to Buy Now

1. T. Rowe Price Equity Index 500 Fund Z Class (MUTF:TRHZX)

Expense Ratio: 0.0%

5-Year annualized Return as of July 29: 16.45%

T. Rowe Price Equity Index 500 Fund Z Class (MUTF:TRHZX) is one of the best low-risk index funds to buy now. The index fund seeks to track the performance of the S&P 500, which acts as a representative of the US economy. Consequently, it invests at least 80% of its assets in large-cap stocks, including the index.

 While the index fund is highly diversified across various sectors,  it inclines technology stocks, which account for 34.36% of its total portfolio. Financial services sector stocks account for 13.67%  followed by consumer cyclical stocks at 10.54%

The T. Rowe Price Equity Index 500 Fund Z Class (MUTF:TRHZX) has generated a 5-year annualized return of 16.46%, slightly above the 16.09% for the benchmark index. Additionally, the index fund boasts a 0.0% expense ratio.

While we acknowledge the potential of T. Rowe Price Equity Index 500 Fund Z Class (MUTF:TRHZX) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TRHZX and that has 100x upside potential, check out our report about this cheapest AI stock.

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