10 Fastest Growing Mutual Funds in 2025

6. Schwab S&P 500 Index (NASDAQ:SWPPX)

Ten year Gain: 13.27%

Year to Date Gain: 4.11%

Schwab S&P 500 Index (NASDAQ:SWPPX) stands out as one of the best mutual funds for investors looking to track the performance of the S&P 500. The mutual fund invests in each of the companies in the S&P 500 index and does not seek to outperform it but replicate its performance. Additionally, the fund stands out owing to its low expense ratio of 0.02%, which ensures investors have an optimum return on their investment.

In addition, the Schwab S&P 500 Index (NASDAQ:SWPPX) does not have a minimum investment requirement, making it accessible to all investors. While the fund is up by about 4.11% year to date, it has generated a 13.27% return over the past ten years, outperforming the underlying index that is up by 11.99% over the same period.