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INKM SPDR® SSgA Income Allocation ETF

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Fund INKM SPDR® SSgA Income Allocation ETF AOR iShares Core Growth Allocation SWBGX Schwab MarketTrack Balanced  
Similarity
?
100% 85% 85%
Annual Fees
?
$72.98
(0.70% Exp. Ratio)
$26.06
(0.25% Exp. Ratio)
$66.72
(0.64% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 4.25% annual return
$28,233.15 $32,334.72 $28,749.44
Est. savings over 30 yrs +$4,101.56 +$516.29
Return
As of 12/31/16
1 YR RETURN 6.64%
3 YR 3.30%
5 YR --
10 YR --
1 YR RETURN 6.67%
3 YR 3.87%
5 YR 7.67%
10 YR --
1 YR RETURN 8.96%
3 YR 4.28%
5 YR 7.93%
10 YR 4.49%
Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSGA Income Allocation Portfolio, a separate series of the SSGA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.
The investment seeks to track the investment results of the S&P Target Risk Growth Index composed of a portfolio of underlying equity and fixed income funds intended to represent a growth allocation target risk strategy. The fund is a fund of funds and seeks its investment objective by investing primarily in the securities of other iShares Underlying Funds that themselves seek investment results corresponding to their own underlying index. The S&P Target Risk Growth Index measures the performance of the S&P Dow Jones Indices LLC proprietary allocation model.
The investment seeks both capital growth and income. To pursue its goal, the portfolio maintains a defined asset allocation. The portfolio's target allocation includes bond, stock and cash investments. The portfolio's allocation is weighted toward stock investments, while including substantial bond investments in seeking to add income and reduce the portfolio's volatility. The portfolio seeks to remain close to the target allocations of 60% equity, 35% fixed income and 5% cash and cash equivalents (including money market funds) and typically does not change its target allocation.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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