Investment Test Drive

SCID Global X Scientific Beta Europe ETF

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund SCID Global X Scientific Beta Europe ETF FXEU PowerShares Europe Currency Hdgd Lw Vltl HEUV iShares Edge MSCI Min Vol Europe Ccy Hg  
Similarity
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100% 91% 85%
Annual Fees
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$40.18
(0.38% Exp. Ratio)
$26.43
(0.25% Exp. Ratio)
$28.55
(0.27% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.72% annual return
$47,382.29 $49,272.78 $48,977.26
Est. savings over 30 yrs +$1,890.49 +$1,594.97
Return
As of 10/31/16
1 YR RETURN -5.96%
3 YR --
5 YR --
10 YR --
1 YR RETURN -2.00%
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.22%
3 YR --
5 YR --
10 YR --
Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy Equal Risk Contribution 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 based on the securities in the underlying index. The underlying index generally comprises approximately 600 or less European-listed common stocks selected based on a proprietary methodology developed by EDHEC Risk Institute Asia Ltd. The fund is non-diversified.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P Eurozone Low Volatility USD Hedged Index. The fund invests at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to measure the performance of the 80 least volatile stocks in the S&P Eurozone BMI Index, while also employing a currency-hedged strategy to mitigate exposure to fluctuations between the value of the U.S. dollar and the currencies of the countries in which the component securities of the underlying index are domiciled. The fund is non-diversified.
The investment seeks to track the MSCI Europe Minimum Volatility (USD) 100% Hedged to USD Index. The fund will invest at least 90% of its assets in the component securities and other instruments of the index and in investments that have economic characteristics that are substantially identical to the component securities. The index is an equity benchmark which represents the performance of European developed market equity securities that have lower volatility characteristics relative to the broader European developed equity markets and with the currency risk inherent in the securities included in the index hedged to USD. It 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.

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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

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