Investment Test Drive

DRIPX The MP 63

2 lower fee alternatives found

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Fund DRIPX The MP 63 MOAT VanEck Vectors Morningstar Wide Moat ETF WMW ELEMENTS Morningstar WideMoat Foc TR ETN  
Similarity
?
100% 90% 96%
Annual Fees
?
$84.58
(0.80% Exp. Ratio)
$51.81
(0.49% Exp. Ratio)
$79.29
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$41,768.94 $45,867.51 $42,405.17
Est. savings over 30 yrs +$4,098.56 +$636.22
Return
As of 11/30/16
1 YR RETURN 11.20%
3 YR 8.20%
5 YR 13.42%
10 YR 6.88%
1 YR RETURN 16.75%
3 YR 9.62%
5 YR --
10 YR --
1 YR RETURN 16.57%
3 YR 9.32%
5 YR 15.57%
10 YR --
Description
The investment seeks long-term capital appreciation. The fund invests at least 80% of its total assets in common stock of companies that make up the Moneypaper 63 Stock Index, typically large-capitalization stocks, with an emphasis on quality and diversity. The MP 63 Stock Index is diversified across industries and is composed of companies that offer direct investment plans ("DRIPs"), regardless of the relative size of the companies.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MorningstarĀ® Wide Moat Focus IndexSM. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Wide Moat Focus Index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar") determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.
The investment seeks to replicate, net of expense, the Morningstar Wide Moat Focus Total Return Index. The index contains companies that have sustainable competitive advantages and that trade at discounts or Morningstar's determination of their fair value. It contains approximately 20 companies.

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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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