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EQLT Workplace Equality ETF

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Fund EQLT Workplace Equality ETF REDWX Aspiration Redwood  
Similarity
?
100% 91%
Annual Fees
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$79.29
(0.75% Exp. Ratio)
$52.86
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$42,402.76 $45,726.83
Est. savings over 30 yrs +$3,324.07
Return
As of 12/31/16
1 YR RETURN 14.87%
3 YR --
5 YR --
10 YR --
1 YR RETURN 17.10%
3 YR --
5 YR --
10 YR --
Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the Workplace Equality Index™ (the "index"). The fund will normally invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index consists of approximately 200 publicly traded stocks of U.S. and foreign companies which support equality for LGBT employees through their workplace practices, including non-discrimination policies regarding sexual orientation and gender identity and providing full benefits to for same-sex spouses, domestic partners and transgender individuals.
The investment seeks to maximize total return, consisting of capital appreciation and current income. To achieve its investment objective, the fund invests in, or seeks exposure to, companies based on various financial factors and fundamental sustainability factors such as environmental, social and governance performance of such companies. The fund invests in equity securities, which include, but are not limited to, dividend-paying securities, common stock, and preferred stock, shares of investment companies, convertible securities, warrants and rights.

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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

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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