Investment Test Drive

ALEWX AC Alternatives® Long Short R

7 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund ALEWX AC Alternatives® Long Short R HTUS Hull Tactical US ETF SWHEX Schwab Hedged Equity  
Similarity
?
100% 90% 85%
Annual Fees
?
$304.35
(2.93% Exp. Ratio)
$94.52
(0.91% Exp. Ratio)
$138.15
(1.33% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.87% annual return
$12,809.83 $23,762.24 $20,919.26
Est. savings over 30 yrs +$10,952.41 +$8,109.43
Return
As of 10/31/16
1 YR RETURN -0.42%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.07%
3 YR --
5 YR --
10 YR --
1 YR RETURN 3.55%
3 YR 6.44%
5 YR 7.94%
10 YR 3.62%
Description
The investment seeks to provide capital appreciation. The fund pursues its investment objective by combining several long and short equity-oriented investment strategies in the pursuit of returns with lower correlation to the traditional equity markets. This alternative approach seeks to provide less volatility than traditional equity investments over the full market cycle. A full market cycle is a period of time that contains a wide variety of market environments. The financial markets are inherently cyclical and each market cycle has defined parts or stages, the most basic of which are bear market, recovery and bull market.
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by taking long and short positions in one or more exchange-traded funds ("ETFs") that seek to track the performance of the S&P 500 Index. It may also invest up to 10% of its total assets in leveraged or inverse ETFs that seek to deliver multiples (long), or the inverse (short), of the performance of the S&P 500 Index, respectively. The fund will enter into futures contracts, in conjunction with investing in shares of an S&P 500-related ETF, to seek the desired long or short exposure to the S&P 500 Index.
The investment seeks long-term capital appreciation over market cycles with lower volatility than the broad equity market. To pursue its investment objective, the fund establishes long and short positions in equity securities issued by U.S. companies. It will invest at least 80% of its net assets in equity securities issued by U.S. companies; typically, the actual percentage will be higher. The fund typically purchases or sells short stocks of companies that have market capitalizations of $1 billion or more at the time the stock is purchased or sold short.

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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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