T. Rowe Price Equity Index 500 is one of the best large-cap U.S. stock funds available. The S&P 500, which it tracks, effectively diversifies risk and has proven tough to beat. Under our new ratings framework, which places a greater focus on fees and benchmark-relative performance, the Morningstar Analyst Rating for the fund’s clean share class is upgraded to Gold from Bronze. Cheaper share classes are rated Gold, while the more expensive are rated Silver.
Will PREIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PREIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PREIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PREIX’s parent organization’s priorities and whether they’re in line with investors’ interests.