Best M1 Finance index funds with top performance in Invesco QQQ, Vanguard Russell 2000 (VTWO), SPDR S&P 500 (SPY), iShares S&P 500 (IVV), Vanguard S&P 500 ETF (VOO)

M1 Finance Index Funds

M1 Finance has made personal finance tools more user-friendly and cheaper than ever. It prioritized making it simple for individuals to manage their finances. Just choose your goals, and M1 will automatically invest your money in a portfolio of index funds (ETFs) that align with your objectives.

Here are the top 5 index funds available on M1 Finance along with instructions on how to buy.

Invesco QQQ Trust ETF (QQQ)

The Invesco QQQ Trust ETF (formerly known as PowerShares QQQ Trust Series I) is a NASDAQ-100 Index Tracking Stock with a market value of over $10 billion that has been operational since 1999.


Best M1 Index Funds


It includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange. Some of their largest holdings include Apple, Microsoft, Amazon, and Facebook, making it a popular choice for investors.

Performance (last decade): 17.87% average annual return over 10 years.

Expense ratio: 0.20%


Vanguard Russell 2000 ETF (VTWO)

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that seeks to track the performance of the Russell 2000 Index. This index consists of 2,000 small-cap stocks. Some of their largest holdings include Biohaven Pharmaceutical, Shockwave Medical, Karuna Therapeutics Inc.


Best M1 Finance Index Funds


Historically, VTWO has been a popular amongst investors for their low expenses and high growth.

Performance (last decade): 10-years annual return is 7.98%.

Expense ratio: 0.10%

SPDR S&P 500 ETF Trust (SPY)

The SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund that seeks to track the performance of the Standard & Poor's 500 Index. It is what sparked the popularity of ETFs when it began trading in 1993 and has since then become one of the largest ETF on the market. SPY has holdings to some of the most popular companies in the world like Apple, Amazon, Tesla, Berkshire Hathaway, and Exxon Mobil.


M1 Finance Index Funds


Due to its low expense ratio, diversity with 500 U.S. companies, and its ability to remain stable during turbulent market times, like we've seen in 2020 and again in 2025, it is a popular fund amongst investors.

Performance (last decade): 12.90% average annual return over 10 years.

Expense ratio: 0.09%

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iShares Core S&P 500 ETF (IVV)

The iShares Core S&P 500 ETF is an exchange-traded fund that seeks to track the performance of the Standard & Poor's 500 Index. It holds stocks with some of the most popular companies in the world, including Apple, Microsoft, Amazon, Google, Johnson & Johnson, and Berkshire Hathaway.


M1 Index Funds


IVV is a popular investment due to its low risk, high liquidity, and low expense ratio unmatched by majority of other funds.

Peformance (last decade): The average annual return for the last decade is 12.96%.

Expense ratio: 0.03%.

Vanguard S&P 500 ETF (VOO)

The Vanguard S&P 500 ETF (VOO) is an exchange-traded fund that seeks to track the performance of the Vanguard 500 Index.


M1 Index Funds


The S&P 500 Index is a broad-based measurement of the performance of 500 large-cap U.S. stocks. It has holdings of some of the top American companies like Apple, Microsoft, Amazon, Tesla, and Google to name a few.

VOO, which is backed by Vanguard, is one of the leaders in low-cost investing, making it popular amongst investors.

Performance (last decade): The average annual return in 10 years for VOO is 12.96%.

Expense Ratio: 0.03%


Updated on 1/1/2025.

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