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HNMDX Heartland Mid Cap Value Institutional

4 lower fee alternatives found

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Fund HNMDX Heartland Mid Cap Value Institutional XMLV PowerShares S&P MidCap Low Volatil ETF REGL ProShares S&P MidCap 400 Dividend Arst  
100% 89% 90%
Annual Fees
(0.99% Exp. Ratio)
(0.25% Exp. Ratio)
(0.40% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.58% annual return
$37,799.70 $47,261.08 $45,174.85
Est. savings over 30 yrs +$9,461.38 +$7,375.15
As of 10/31/16
1 YR RETURN 12.88%
3 YR --
5 YR --
10 YR --
1 YR RETURN 12.96%
3 YR 12.64%
5 YR --
10 YR --
1 YR RETURN 13.13%
3 YR --
5 YR --
10 YR --
The investment seeks long-term capital appreciation and modest current income. Under normal circumstances, at least 80% of the fund's net assets are invested in equity securities of mid-capitalization companies. It invests primarily in a concentrated number (generally 30 to 60) of mid-capitalization equity securities selected on a value basis and whose current market prices, in Heartland Advisors' judgment, are undervalued relative to their intrinsic value.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P MidCap 400® Low Volatility Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its procedures and mandated guidelines, S&P DJI selects for inclusion in the underlying index the 80 securities that it has determined have the lowest volatility over the past 12 months out of the 400 medium capitalization range securities that are contained in the S&P MidCap 400® Index. It is non-diversified.
The investment seeks investment results before fees and expenses that track the performance of the S&P MidCap 400® Dividend Aristocrats Index. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks which are equally weighted. No single sector is allowed to comprise more than 30% of the index weight.

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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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