Investment Test Drive

PSAU PowerShares Global Gold & Prec Mtls ETF

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund PSAU PowerShares Global Gold & Prec Mtls ETF SLVP iShares MSCI Global Silver Miners SIL Global X Silver Miners ETF  
Similarity
?
100% 86% 90%
Annual Fees
?
$79.22
(0.75% Exp. Ratio)
$41.20
(0.39% Exp. Ratio)
$68.66
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.63% annual return
$41,262.78 $45,997.19 $42,528.42
Est. savings over 30 yrs +$4,734.40 +$1,265.63
Return
As of 11/30/16
1 YR RETURN 49.58%
3 YR -1.83%
5 YR -16.75%
10 YR --
1 YR RETURN 87.33%
3 YR 1.44%
5 YR --
10 YR --
1 YR RETURN 80.39%
3 YR 0.32%
5 YR -12.47%
10 YR --
Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ OMX Global Gold and Precious Metals IndexSM. The fund invests at least 90% of its total assets in the securities of companies involved in the gold, silver and other precious metals mining industries that comprise the underlying index, as well as American depositary receipts and global depositary receipts that are based on the securities in the underlying index. The adviser anticipates that the majority of its investments will be in the securities that comprise the underlying index rather than in ADRs and GDRs. It is non-diversified.
The investment seeks to track the investment results of the MSCI ACWI Select Silver Miners Investable Market Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index measures the combined performance of equity securities of companies primarily engaged in the business of silver mining in both developed and emerging markets. The fund is non-diversified.
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Total Return Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the silver mining industry. The fund is non-diversified.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!