The Fidelity Spartan 500 Index fund's “seasoned team” and “competitive price” has made it a “top option” in the eyes of Morningstar.

Specifically, “the fund's managers have skillfully kept this offering's tracking error among the lowest of any S&P 500 funds--a minuscule 0.05% in the trailing 10 years through August,” according to Flynn Murphy, an analyst at Morningstar.

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