Some investors take the “if you can't beat them, join them” approach and use index funds to simply track market indices. Funds that track a market index, such as the S&P 500 are known as index funds.
What are Index Funds?
Some investors take the “if you can't beat them, join them” approach and use index funds to simply track market indices. Funds that track a market index, such as the S&P 500 are known as index funds.