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HEDJX Scharf Alpha Opportunity Retail

4 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
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Fund HEDJX Scharf Alpha Opportunity Retail CSLS Credit Suisse X-Links Long/Short Eq ETN VQT Barclays ETN+ S&P VEQTOR™  
Similarity
?
100% 91% 91%
Annual Fees
?
$106.95
(1.03% Exp. Ratio)
$46.73
(0.45% Exp. Ratio)
$98.65
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.84% annual return
$22,697.85 $27,046.78 $23,254.77
Est. savings over 30 yrs +$4,348.93 +$556.92
Return
As of 11/30/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN -2.00%
3 YR 4.00%
5 YR 4.34%
10 YR --
1 YR RETURN -2.83%
3 YR -2.41%
5 YR 1.02%
10 YR --
Description
The investment seeks long-term capital appreciation and to provide returns above inflation while exposing investors to less volatility than typical equity investments. Under normal market conditions, the fund primarily invests in equity securities that the Adviser believes have significantly more appreciation potential than downside risk over the long term. It may invest up to 100% of its net assets in cash, cash equivalents, and high-quality, short-term debt securities, money market mutual funds and money market instruments due to a lack of suitable investment opportunities or for temporary defensive purposes. The fund is non-diversified.
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 to replicate, net of expenses, the S&P 500 Dynamic VEQTOR Total Return Index. The index seeks to provide broad equity market exposure with an implied volatility hedge by dynamically allocating its notional investments among three components: equity, volatility and cash. The equity component of the Index is represented by the S&P 500 Total Return Index and the volatility component of the Index is represented by the S&P 500 VIX Short-Term Futures Index.

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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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