Investment Test Drive

SANAX Sandalwood Opportunity A

3 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund SANAX Sandalwood Opportunity A HDG ProShares Hedge Replication JDATX Janus Diversified Alternatives T  
100% 85% 91%
Annual Fees
(2.97% Exp. Ratio)
(0.95% Exp. Ratio)
(1.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.76% annual return
$9,168.20 $17,011.30 $14,394.29
Est. savings over 30 yrs +$7,843.10 +$5,226.08
As of 11/30/16
1 YR RETURN -16.82%
3 YR -6.86%
5 YR --
10 YR --
1 YR RETURN 0.38%
3 YR 0.86%
5 YR 1.87%
10 YR --
1 YR RETURN 6.46%
3 YR 1.83%
5 YR --
10 YR --
The investment seeks income and capital appreciation. The fund seeks to achieve its investment objective by investing primarily in fixed income securities rated below investment grade using multiple event-driven, credit analysis-based, long/short credit, distressed debt, relative value and global strategies. Each type of strategy may employ risk-reducing hedging techniques using short selling, futures contracts, options or credit-default swaps and total return swaps. The fund invests without restriction as to issuer capitalization, country, and credit quality and without restriction as to the maturity of fixed income securities.
The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.
The investment seeks absolute return with low correlation to stocks and bonds. Under normal market conditions, the fund pursues its investment objective by investing in a diverse group of return drivers, each a type of risk premium (collectively, "risk premia"), across equity, fixed income, commodity, and currency asset classes. Risk premia refers to the return that is expected for assuming a particular market risk. It employs a proprietary multi-factor process to allocate the fund's assets across the various risk premia.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.


Your Feedback has been sent successfully!