Investment Test Drive

MTK SPDR® Morgan Stanley Technology ETF

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Fund MTK SPDR® Morgan Stanley Technology ETF XLK Technology Select Sector SPDR® ETF  
Similarity
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100% 91%
Annual Fees
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$36.99
(0.35% Exp. Ratio)
$14.80
(0.14% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.69% annual return
$47,382.67 $50,471.63
Est. savings over 30 yrs +$3,088.96
Return
As of 10/31/16
1 YR RETURN 10.44%
3 YR 13.59%
5 YR 14.67%
10 YR 8.86%
1 YR RETURN 10.80%
3 YR 14.25%
5 YR 14.84%
10 YR 9.27%
Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Morgan Stanley Technology Index that tracks the performance of publicly traded electronics-based technology companies. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is composed of 35 leading U.S. Technology related companies. The index was the first listed broad-market technology barometer dedicated exclusively to the electronics-based technology industry. The fund is non-diversified.
The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. 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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