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HYDD Direxion Daily High Yield Bear 2X ETF

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Fund HYDD Direxion Daily High Yield Bear 2X ETF TAPR Barclays Inverse US Treasury Aggt ETN TYNS Direxion Daily 7-10 Yr Trs Bear 1X ETF  
Similarity
?
100% 85% 86%
Annual Fees
?
$82.37
(0.82% Exp. Ratio)
$43.19
(0.43% Exp. Ratio)
$46.21
(0.46% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.45% annual return
$8,932.54 $10,048.63 $9,958.20
Est. savings over 30 yrs +$1,116.09 +$1,025.66
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN -34.82%
3 YR --
5 YR --
10 YR --
1 YR RETURN -6.01%
3 YR -5.89%
5 YR -4.68%
10 YR --
Description
The investment seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the performance of the Barclays U.S. High Yield Very Liquid Index. The fund invests at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Barclays U.S. High Yield Very Liquid Index. The index is a more liquid version of the U.S. Corporate High Yield Index. It is non-diversified.
The ETNs are linked to the performance of the Barclays Inverse US Treasury Futures Aggregate Index™. The index employs a strategy that tracks the sum of the returns of periodically rebalanced short positions in equal face values of each of the 2-year, 5-year, 10-year, long-bond and ultra-long U.S. Treasury futures contracts (together, the “Treasury futures contracts”). At any given time, the index is composed of an equal synthetic short position in each Treasury futures contract that is either the Treasury futures contract closest to expiration or the next Treasury futures contract scheduled to expire immediately following the front contract.
The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the ICE U.S. Treasury 7-10 Year Bond Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse exposure to the index. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than seven years and less than or equal to ten years. 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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