USPRX vs USSPX--- S&P 500 Index Funds

[abumhira]

I am looking into investing in the S&P 500 Index Fund. What is the difference between the Reward(USPRX) and Member(USSPX) Fund. I researched on the Morningstar and other financial web...but did not crack down the pros and cons of each of these guys....they seam to be performing the same equivalency in various assessments...

Any advise would be well appreciated...

[disneysteve]

I'm not really seeing the difference either except for one significant thing.

Expense ratio:
USPRX: 0.9%
USSPX: 1.9%

Take the cheaper one.

[Reldon]

The Expense Ratio seems to be lower. You might want to see if there's a minimum you need to deposit. Something like Vanguard's Admiral share where you need to have a minimum dollar invested.