Fund Evaluator:
Homestead Stock Index (HSTIX)
Follow This Fund
Best Performing in Large Blend Over the Last Year
| 45.2% | PRIMECAP Odyssey Growth (POGRX) |
| 43.8% | Vanguard PRIMECAP Adm (VPMAX) |
| 43.7% | Vanguard PRIMECAP Inv (VPMCX) |
| 43.5% | Vanguard PRIMECAP Core Inv (VPCCX) |
| 32.6% | Midas Special Opportunities (MISEX) |
Fund Details
Homestead Stock Index Overview
Homestead Stock Index (HSTIX) is a passively managed U.S. Equity Large Blend fund. Homestead launched the fund in 1999.
The investment seeks to match, as closely as possible, before expenses, the performance of the Standard & Poor's 500® Index. It pursues its investment objective by seeking to replicate the total return performance of the index, which is composed of 500 selected common stocks. The fund is a feeder fund, meaning that it invests all of its investable assets in a master portfolio. It invests its assets in the S&P 500 Index Master Portfolio. Under normal circumstances, at least 90% of the value of the Master Portfolio’s assets, plus the amount of any borrowing for investment purposes, is invested in securities comprising the index.
About Homestead Stock Index (HSTIX)
There are 4 members of the management team with an average tenure of 3.59 years: Jennifer Hsui (2016), Peter Sietsema (2025), Steven White (2025), Matt Waldon (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Homestead Stock Index has 4 securities in its portfolio. The top 10 holdings constitute 100.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Homestead Stock Index is part of the Equity global asset class and is within the U.S. Equity fund group. Homestead Stock Index has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Homestead Stock Index has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $331 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HSTIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Homestead Stock Index expense ratio is average compared to funds in the Large Blend category. Homestead Stock Index has an expense ratio of 0.44%, which is 46% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Homestead Stock Index has a portfolio turnover rate of 5%, indicating that holds its assets around 0.2 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of August 2026, Homestead Stock Index returned 2.7%, which earned it a grade of B, as the Large Blend category had an average return of 2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Homestead Stock Index has a trailing yield of 0.67%, which is above the 0.55% category average. The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Homestead Stock Index Grades
Year to date, the fund has returned 12.8%, 1.1 percentage points better than the category, which translates into a grade of B. The fund has returned 19.8% over the past year (grade of B), 20.5% over the past three years (grade of B) and 12.3% per year over the past five years (grade of B) and 14.8% per year over the past 10 years (grade of B).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Homestead Stock Index, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
HSTIX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HSTIX Return (NAV) | 2.7% | 1.6% | 19.8% | 20.5% | 12.3% | 14.8% |
| HSTIX Grade | B | D | B | B | B | B |
| +/- Category | 0.6% | -0.7% | 2.2% | 1.7% | 1.3% | 0.9% |
| Large Blend Avg | 2.1% | 2.3% | 17.6% | 18.8% | 11.0% | 13.9% |
| HSTIX Tax Cost Ratio | na | na | 0.6% | 0.6% | 0.6% | 0.6% |
HSTIX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HSTIX Return (NAV) | 12.8% | 17.4% | 24.4% | 25.7% | -18.5% | 28.1% | 17.8% | 30.8% | -5.0% | 21.2% | 11.3% |
| HSTIX Grade | B | B | B | B | C | B | C | C | C | C | B |
| +/- Category | 1.1% | 1.5% | 2.3% | 2.0% | -1.2% | 1.5% | 0.3% | 0.9% | 0.9% | -0.1% | 1.1% |
| Large Blend Avg | 11.6% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 12.9% |
| Total Risk Index: | 1.06 - Above Average |
| Category Risk Index: | 0.98 - Average |
| Category Risk Grade: | C (44% Rank) |
| Beta: | 1.00 |
| R-Squared: | 100% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 0.7% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $331 Mil |
| Fund Total Assets: | $ 331 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 5% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 10.3 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Hsui Jennifer (2016), Sietsema Peter (2025), White Steven (2025), Waldon Matt (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 4 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 100.0% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | Homestead |
| Phone Number: | 800-258-3030 |
| Website: | www.homesteadfunds.com |
| Status: | Open |
| Inception Date: | October 28, 1999 |
| Min. Initial Purchase: | $ 500 |
| Min. Initial IRA Purchase: | $ 200 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.44% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Homestead Stock Index |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
