For my 457, there are no Vanguard funds. However I have come down to the following 3 options. Can you tell me which one is preferred?
1) Using John Collins Stock Series, I came up with the following for my 457.
- Equity Index Fund (Bank of NY Melon) tracks the S&P 500 = 81% with expense ratio of 0.05%
- Mid-Cap (State Street Global Advisors) tracks the S&P 400 MidCap = 6% with expense ratio of 0.07%
-Small-Cap tracks the Russell 2000 = 13% with expense ratio of 0.45
2) Also found in John Collins Stock Series, he just said that putting it all in the S&P 500 would be a good choice.
- Equity Index Fund (Bank of NY Melon) tracks the S&P 500 = 100% with expense ratio of 0.05%
3) Target Retirement Fund 2040 with 90% stocks and 10% bonds. Expense ratio is 0.23%
- 90% stocks are comprised of 46% large cap, 7% mid-cap, 30% international, and 7% small-cap.
- 10% are comprised of bonds.
So with the options above, which would you consider to replicating VTSAX as close as possible while keeping a low expense ratio?
Thanks in advance!