Investment Test Drive

SUPIX Superfund Managed Futures Strategy I

5 lower fee alternatives found

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Fund SUPIX Superfund Managed Futures Strategy I WDTI WisdomTree Managed Futures Strategy ETF FMF First Trust Morningstar Mgd FutsStrt ETF  
Similarity
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100% 87% 92%
Annual Fees
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$309.51
(3.04% Exp. Ratio)
$66.18
(0.65% Exp. Ratio)
$96.72
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.81% annual return
$6,787.88 $14,092.64 $12,870.36
Est. savings over 30 yrs +$7,304.76 +$6,082.47
Return
As of 11/30/16
1 YR RETURN -10.60%
3 YR --
5 YR --
10 YR --
1 YR RETURN -2.48%
3 YR 0.09%
5 YR -1.93%
10 YR --
1 YR RETURN -5.21%
3 YR -2.23%
5 YR --
10 YR --
Description
The investment seeks positive absolute returns. The fund uses a managed futures strategy and principally invests in U.S. and international, including emerging market, commodity and financial futures and foreign currency markets. It will typically have exposure to long and short positions across all four major asset classes (commodities, currencies, fixed income and equities), but at any one time the fund may emphasize certain asset classes or certain exposures within an asset class. The fund may enter into hedging transactions to seek to manage portfolio risk. It is non-diversified.
The investment seeks to provide investors with positive total returns in rising or falling markets. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in "managed futures". It is an actively managed exchange traded fund ("ETF") that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad market equity or fixed income returns. The fund is managed using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the WisdomTree Managed Futures Index. It is non-diversified.
The investment seeks to achieve positive returns that uses as a benchmark, the Morningstar Diversified Futures Index. The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. It seeks to exceed the performance of the Benchmark by actively selecting investments for the fund with varying maturities from the underlying components of the Benchmark. The fund 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.

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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