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GLL ProShares UltraShort Gold

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Fund GLL ProShares UltraShort Gold DGZ DB Gold Short ETN  
Similarity
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100% 97%
Annual Fees
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$95.79
(0.95% Exp. Ratio)
$75.62
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.83% annual return
$9,619.37 $10,219.45
Est. savings over 30 yrs +$600.08
Return
As of 10/31/16
1 YR RETURN -25.75%
3 YR -4.85%
5 YR 2.25%
10 YR --
1 YR RETURN -12.88%
3 YR -1.14%
5 YR 3.27%
10 YR --
Description
The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London. The “UltraShort” Funds seek daily results that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. The UltraShort Funds do not seek to achieve their stated objectives over a period greater than a single day.
The investment seeks to replicate, net of expenses, 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

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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