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WEGBX Waddell & Reed Energy B

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Fund WEGBX Waddell & Reed Energy B FSENX Fidelity® Select Energy  
Similarity
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100% 95%
Annual Fees
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$331.96
(3.14% Exp. Ratio)
$84.57
(0.80% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.72% annual return
$20,362.87 $41,673.05
Est. savings over 30 yrs +$21,310.18
Return
As of 10/31/16
1 YR RETURN 1.98%
3 YR -8.15%
5 YR -0.62%
10 YR 1.78%
1 YR RETURN 5.18%
3 YR -6.27%
5 YR 0.74%
10 YR 2.35%
Description
The investment seeks to provide capital growth and appreciation. The fund invests at least 80% of its net assets in securities of companies within the energy sector, which includes all aspects of the energy industry, such as exploration, discovery, production, distribution or infrastructure of energy and/or alternative energy sources. It invests in a blend of value and growth companies domiciled throughout the world, which may include companies that are offered in initial public offerings. The fund may invest up to 100% of its total assets in foreign securities.
The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. It invests in domestic and foreign issuers. The fund invests primarily in common stocks. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

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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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