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DGAZ VelocityShares 3x Inv Natural Gas ETN

12 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund DGAZ VelocityShares 3x Inv Natural Gas ETN KOLD ProShares UltraShort Bloomberg Natrl Gas ADZ DB Agriculture Short ETN  
Similarity
?
100% 98% 99%
Annual Fees
?
$166.93
(1.65% Exp. Ratio)
$74.87
(0.74% Exp. Ratio)
$75.88
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.17% annual return
$8,609.47 $11,349.42 $11,315.17
Est. savings over 30 yrs +$2,739.95 +$2,705.70
Return
As of 11/30/16
1 YR RETURN -68.68%
3 YR -24.96%
5 YR --
10 YR --
1 YR RETURN -39.47%
3 YR 3.72%
5 YR 6.11%
10 YR --
1 YR RETURN -6.81%
3 YR 7.01%
5 YR 4.31%
10 YR --
Description
The investment seeks to replicate, net of expenses, three times the opposite (inverse) of theS&P GSCI Natural Gas Index ER. The index comprises futures contracts on a single commodity and is calculated according to the methodology of the S&P GSCI Index.
The investment seeks results for a single day that match (before fees and expenses) two times the inverse (-2x) of the daily performance of the Bloomberg Natural Gas SubindexSM. The manager intends to meet its investment objective by taking long or short positions in natural gas futures contracts. The Natural Gas Funds may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack or an act of God) or disruptions that prevent the Natural Gas Fund from obtaining the appropriate amount of investment exposure to the affected natural gas futures contracts directly or other futures contracts.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Deutsche Bank Liquid Commodity index - Optimum Yield Agriculture. The fund is a senior unsecured obligation that allows investors to take a short view on the performance of the agriculture sector. The index is composed of roughly equal percentages of corn, wheat, soybean, and sugar futures contracts.

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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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