Hello, you're probably going to get other responses but just wanted to point a couple things out first. You can own pretty much whatever you want in your ROTH IRA, this can include individual stocks, mutual funds (for example Vanguard's Index fund), CD's, etc. On our IRAs Vanguard charged $10/year until the IRA account was worth at least $5000. Many discount brokers charge no extra custodial fees but you need to check each one out and compare to trade costs, etc. Also, my opinion is that you shouldn't really pay too much attention to short term performance levels. Since you're in it for the long haul there will be ups and downs, look at the current downfall as an opportunity to buy low. (Anyone remember that old saying...)
Good luck!