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HISFX Hennessy Small Cap Financial Instl

2 lower fee alternatives found

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Fund HISFX Hennessy Small Cap Financial Instl KBWR PowerShares KBW Regional Banking ETF QABA First Trust NASDAQ® ABA Community Bk ETF  
Similarity
?
100% 91% 94%
Annual Fees
?
$123.76
(1.17% Exp. Ratio)
$37.02
(0.35% Exp. Ratio)
$63.47
(0.60% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.78% annual return
$37,877.09 $48,532.41 $45,009.51
Est. savings over 30 yrs +$10,655.32 +$7,132.42
Return
As of 11/30/16
1 YR RETURN 16.87%
3 YR 11.08%
5 YR 18.03%
10 YR 6.94%
1 YR RETURN 19.70%
3 YR 12.47%
5 YR 19.26%
10 YR --
1 YR RETURN 19.37%
3 YR 12.84%
5 YR 18.79%
10 YR --
Description
The investment seeks capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small-cap companies "principally engaged" in the business of providing financial services to consumers and industry. The fund's manager considers a small-cap company to be one that has a market capitalization of less than $3 billion, measured at the time of purchase. It will not invest more than 5% of its total assets in the equity-related securities of any one company that derives more than 15% of its revenues from brokerage or investment management activities. The fund is non-diversified.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Nasdaq Regional Banking Index. The fund generally invests at least 90% of its total assets in securities of publicly traded mid-capitalization companies that do business as regional banks and thrifts listed on U.S. stock markets and that comprise the underlying index. The index provider compiles, maintains and calculates the underlying index, which is a modified-market capitalization-weighted index comprised of securities of 50 mid-cap banking companies that are publicly listed in the United States. The fund is non-diversified.
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets (including investment borrowings in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S. banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size.

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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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