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UDN PowerShares DB US Dollar Bearish ETF

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Fund UDN PowerShares DB US Dollar Bearish ETF CEW WisdomTree Emerging Currency Strat ETF ICI iPath® Optimized Currency Carry ETN  
Similarity
?
100% 94% 96%
Annual Fees
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$75.65
(0.75% Exp. Ratio)
$55.48
(0.55% Exp. Ratio)
$65.57
(0.65% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.87% annual return
$10,354.09 $10,998.67 $10,671.68
Est. savings over 30 yrs +$644.58 +$317.59
Return
As of 11/30/16
1 YR RETURN -1.91%
3 YR -8.43%
5 YR -5.50%
10 YR --
1 YR RETURN 2.65%
3 YR -4.67%
5 YR -2.78%
10 YR --
1 YR RETURN 1.67%
3 YR -0.92%
5 YR -2.14%
10 YR --
Description
The fund seeks to track the changes, whether positive or negative, in the level of the Deutsche Bank Short US Dollar Index (USDX®) Futures Index. The index reflects the changes in market value over time, whether positive or negative, of a short position in the DX Contract which expires during the months of March, June, September and December. The fund seeks to track the index by establishing short positions in DX Contracts. DX Contracts are linked to the six underlying currencies of the U.S. Dollar Index (USDX®). The underlying currencies are Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
The investment seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investments whose combined performance is tied economically to selected emerging market countries. It generally will maintain a weighted average portfolio maturity of 90 days or less with respect to the money market securities in its portfolio. The fund is non-diversified.
The iPath® Optimized Currency Carry ETN is designed to provide investors with exposure to the Barclays Optimized Currency Carry Index™. The Barclays Optimized Currency Carry Index™ (the "Index") is designed to reflect the total return of an "Intelligent Carry Strategy," which, through an objective and systematic methodology, seeks to capture the returns that are potentially available from a strategy of investing in high-yielding currencies with the exposure financed by borrowings in low-yielding currencies sometimes referred to as the "carry trade."

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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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