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ALFA AlphaClone Alternative Alpha ETF

2 lower fee alternatives found

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Fund ALFA AlphaClone Alternative Alpha ETF CSLS Credit Suisse X-Links Long/Short Eq ETN VIXH First Trust CBOE® S&P 500 VIX®Tail H ETF  
100% 91% 88%
Annual Fees
(0.96% Exp. Ratio)
(0.45% Exp. Ratio)
(0.60% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.84% annual return
$23,184.44 $27,046.78 $25,850.51
Est. savings over 30 yrs +$3,862.34 +$2,666.07
As of 11/30/16
1 YR RETURN -7.16%
3 YR -1.61%
5 YR --
10 YR --
1 YR RETURN -2.00%
3 YR 4.00%
5 YR 4.34%
10 YR --
1 YR RETURN -3.40%
3 YR 3.01%
5 YR --
10 YR --
The investment seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Downside Hedged Index. The fund uses a "passive" or "indexing" investment approach to track the AlphaClone Hedge Fund Downside Hedged Index (the "index"). The index utilizes a proprietary, quantitative Clone Score methodology developed by AlphaClone, Inc. (the "index provider") to replicate the U.S. equity securities favored as investments by hedge funds and institutional investors. At least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.
The investment seeks to replicate, net of expenses, the Credit Suisse Tremont Long/Short Equity Hedge Fund Index. The index tracks the performance of non-hedge fund, transparent market measures.
The investment seeks results that correspond generally to an equity index called the CBOE(R) VIX(R) Tail Hedge Index. The fund will normally invest at least 90% of its net assets in common stocks and call options included in the index. The index is composed of each of the equity securities comprising the S&P 500 and an out-of-the-money call option position on the Chicago Board Options Exchange Market Volatility Index. It is non-diversified.

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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.


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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