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FFIOX FormulaFolios US Equity Investor

7 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund FFIOX FormulaFolios US Equity Investor BWV iPath® CBOE S&P 500 BuyWrite ETN EEH ELEMENTS SPECTRUM Lg Cp US Sect Mom ETN  
Similarity
?
100% 93% 93%
Annual Fees
?
$230.48
(2.18% 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
$27,438.33 $42,407.58 $42,407.58
Est. savings over 30 yrs +$14,969.24 +$14,969.24
Return
As of 11/30/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 5.60%
3 YR 6.16%
5 YR 7.39%
10 YR --
1 YR RETURN 5.32%
3 YR 6.82%
5 YR 13.21%
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 CBOE S&P 500 BuyWrite Index. The index is designed to measure the total rate of return of a hypothetical “buy-write”, or “covered call”, strategy on the S&P 500 Index. This strategy consists of a hypothetical portfolio consisting of a “long” position indexed to the S&P 500 Index and the sale of a succession of one-month, at- or slightly out-of-the-money S&P 500 Index call options that are listed on the Chicago Board Options Exchange.
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.

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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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