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FFILX FormulaFolios US Equity Institutional

2 lower fee alternatives found

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Fund FFILX FormulaFolios US Equity Institutional EEH ELEMENTS SPECTRUM Lg Cp US Sect Mom ETN WMW ELEMENTS Morningstar WideMoat Foc TR ETN  
Similarity
?
100% 93% 93%
Annual Fees
?
$124.76
(1.18% Exp. Ratio)
$79.29
(0.75% Exp. Ratio)
$79.29
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$37,225.15 $42,403.97 $42,403.97
Est. savings over 30 yrs +$5,178.81 +$5,178.81
Return
As of 12/31/16
1 YR RETURN 7.82%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.98%
3 YR 7.11%
5 YR 12.58%
10 YR --
1 YR RETURN 21.22%
3 YR 8.00%
5 YR 15.21%
10 YR --
Description
The investment seeks to achieve long-term capital appreciation. Under normal market conditions, the fund pursues its objective by investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies based in the United States. It invests primarily in equity securities (generally common and preferred stocks) of large U.S. companies. The Adviser uses a proprietary quantitative three factor model designed to select up to 50 stocks from the Russell 3000 Index.
The investment seeks to replicate, net of expenses, the SPECTRUM Large Cap U.S. Sector Momentum Index. The index tracks the value of a notional portfolio composed of the ten sub-indices of the S&P 500. It is based on the relative weights of the sub-indices within the index. The weights of the sub-indices that outperform the S&P 500 Total Return Index are increased in the index, which weights of the sub-indices that underperform are reduced.
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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