Which DC to choose from

Hey guys,
I was wondering which fund I should chose for my company DC.

大和投信ＤＣ外株インデックス

大和住銀ＤＣ外国株式

The other choices were terrible and these were the best ones out of the bunch (closest to the S&P500).

The first Index seems to have a management fee of 0.275 which is pretty bad, but still better than what I assume is the 2.02% of the second one.

Is my understanding correct or am I missing something?

Thanks in advance!