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DGLD VelocityShares 3x Inverse Gold ETN

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Fund DGLD VelocityShares 3x Inverse Gold ETN DZZ DB Gold Double Short ETN  
Similarity
?
100% 99%
Annual Fees
?
$136.58
(1.35% Exp. Ratio)
$75.88
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.17% annual return
$9,433.19 $11,315.17
Est. savings over 30 yrs +$1,881.99
Return
As of 11/30/16
1 YR RETURN -35.01%
3 YR -6.87%
5 YR 7.52%
10 YR --
1 YR RETURN -25.84%
3 YR -2.68%
5 YR 7.99%
10 YR --
Description
The investment seeks to replicate, net of expenses, three times the opposite (inverse) of the S&P GSCI Gold index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets.
The investment seeks to replicate, net of expenses, twice of the inverse of the daily performance of the Deutsche Bank Liquid Commodity index - Optimum Yield Gold Excess Return. The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract.

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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

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