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CNY Market Vectors® Chinese Renminbi/USD ETN

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Fund CNY Market Vectors® Chinese Renminbi/USD ETN ICN WisdomTree Indian Rupee Strategy ETF  
Similarity
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100% 98%
Annual Fees
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$55.16
(0.55% Exp. Ratio)
$45.13
(0.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.30% annual return
$9,271.96 $9,555.78
Est. savings over 30 yrs +$283.81
Return
As of 11/30/16
1 YR RETURN -3.71%
3 YR -1.74%
5 YR -0.16%
10 YR --
1 YR RETURN 3.19%
3 YR 2.86%
5 YR 0.87%
10 YR --
Description
The investment seeks to replicate, net of expenses, the S&P Chinese Renminbi Total Return Index. The index tracks the value of the Chinese RMB relative to the U.S. dollar. It follows the value of non-deliverable, three-month currency forward contracts that are rolled at three-month intervals and includes daily accrued interest.
The investment seeks to achieve total returns reflective of both money market rates in India available to foreign investors and changes in value of the Indian rupee relative to the U.S. dollar. The fund normally invests 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 India. It is an actively managed exchange traded fund ("ETF"). The fund generally will maintain a weighted average portfolio maturity of 90 days or less with respect to the money market securities in its portfolio. It 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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