GEQZX
EQUITY INDEX FUND
GuideStone Funds
Index fund
Expense ratio1
0.39%
Net assets2
$5.83B
Holdings2
489
Category
US Equity
2025 return3
16.76%

Investment objective & strategy

As of April 29, 2025 · prospectus

Objective. The Equity Index Fund seeks to provide investment results approximating the aggregate price and dividend performance of the securities included in the S&P 500 Index.

Strategy. ? Under normal market conditions, the Fund will invest substantially all, and normally at least 80% of its total assets in the equity securities (primarily common stocks and stock index derivatives) included in the S&P 500 Index, in weightings that approximate the relative composition of the securities contained in the S&P 500 Index. The Fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index. ? The Fund may invest to a lesser extent in derivative instruments, including exchange listed options, futures and swap agreements, that are based on: ? The S&P 500 Index; ? Companies … ? Under normal market conditions, the Fund will invest substantially all, and normally at least 80% of its total assets in the equity securities (primarily common stocks and stock index derivatives) included in the S&P 500 Index, in weightings that approximate the relative composition of the securities contained in the S&P 500 Index. The Fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index. ? The Fund may invest to a lesser extent in derivative instruments, including exchange listed options, futures and swap agreements, that are based on: ? The S&P 500 Index; ? Companies included in the S&P 500 Index; or ? Stock indexes other than but similar to the S&P 500 Index. ? The companies chosen for inclusion in the S&P 500 Index tend to be industry leaders within the U.S. economy as determined by Standard & Poors (S&P ). However, companies are not selected for inclusion by S&P because they are expected to have superior stock price performance relative to the market in general or other stocks in particular. ? The Fund is passively managed, which means it tries to duplicate the investment composition and performance of the S&P 500 Index using computer programs and statistical procedures. As a result, the Sub-Adviser does not use traditional methods of fund investment management for the Fund, such as selecting securities on the basis of economic, financial and market analysis. Rather, the Sub-Adviser buys and sells securities in response to changes in the S&P 500 Index. The Fund generally uses a replication method to track the S&P 500 Index, but will exclude securities as required by the Funds faith-based investment policies and restrictions. Because the Fund has fees and transaction expenses (while the S&P 500 Index has none), returns are likely to be below those of the S&P 500 Index. ? The correlation between the Funds performance and the S&P 500 Index is expected to be greater than 98%. However, it could be lower in certain market environments and due to certain stocks that may be excluded from the Funds portfolio because of faith-based investment policies and restrictions (100% would indicate perfect correlation). ? In pursuing its investment strategy, the Fund may at times focus its investments in one or a few particular economic sectors. ? The Fund may invest its uninvested cash in high-quality, short-term debt securities, which may include repurchase agreements and high-quality money market instruments, and also may invest uninvested cash in the GuideStone Funds Money Market Fund. To the extent the Fund invests in a money market fund, it generally is not subject to the limits placed on investments in other investment companies. Generally, these securities offer less potential for gains than other types of securities. ? The Fund may invest in equity securities of real estate investment trusts (REITs) and other real estate related companies. ? The Fund uses one or more Sub-Advisers to manage its portfolio under the oversight of the Adviser. The Adviser recommends sub-adviser selections to the Board of Directors of GuideStone Funds based on a variety of qualitative and quantitative factors in an attempt to maximize return across the entire portfolio while minimizing risk to the extent possible. ? In accordance with the Advisers Christian values, the Fund does not invest in any company that is publicly recognized (as determined by GuideStone Financial Resources of the Southern Baptist Convention (GuideStone Financial Resources)) for offering products or services that are incompatible with the Christian values of GuideStone Financial Resources, including, but not limited to, those involving abortion, sexual immorality, alcohol, tobacco or gambling.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $435.82M 7.47%
APPLE INC $384.24M 6.59%
MICROSOFT CORP $284.86M 4.88%
AMAZON.COM INC $207.39M 3.55%
ALPHABET INC CL A $172.55M 2.96%
BROADCOM INC $150.25M 2.58%
ALPHABET INC CL C $137.98M 2.36%
META PLATFORMS INC CL A $128.07M 2.20%
TESLA INC $106.61M 1.83%
BERKSHIRE HATH-B $93.66M 1.61%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
7
Exited
6
Increased
99
Decreased
47
Unchanged
336

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight

Advisers

As of December 31, 2025 · N-CEN
FirmRole
LEGAL & GENERAL Investment Management America Inc. Sub-adviser
Parametric Portfolio Associates, LLC Sub-adviser
GuideStone Capital Management, LLC Adviser

Footnotes

  1. Expense ratio as of April 29, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.