Investment Test Drive

RYAQX Rydex Inverse Government Lg Bd Strat A

3 lower fee alternatives found

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Fund RYAQX Rydex Inverse Government Lg Bd Strat A SAGG Direxion Daily Tot Bd Mkt Bear 1X ETF DTUS iPath® US Treasury 2-year Bear ETN  
Similarity
?
100% 88% 85%
Annual Fees
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$166.74
(1.66% Exp. Ratio)
$46.21
(0.46% Exp. Ratio)
$75.34
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.45% annual return
$6,920.83 $9,958.20 $9,123.62
Est. savings over 30 yrs +$3,037.38 +$2,202.80
Return
As of 10/31/16
1 YR RETURN -10.89%
3 YR -11.53%
5 YR -7.31%
10 YR -9.71%
1 YR RETURN -4.61%
3 YR -4.18%
5 YR -3.57%
10 YR --
1 YR RETURN -4.26%
3 YR -8.39%
5 YR -6.57%
10 YR --
Description
The investment seeks to provide total returns that inversely correlate, before fees and expenses, to the price movements of the Long Treasury Bond for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to fixed income securities issued by the U.S. government. The fund is non-diversified.
The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the performance of the Barclays Capital US Aggregate Bond Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse exposure to the Barclays US Aggregate Bond Index. The index measures the performance of the investment grade, U.S. Dollar denominated, fixed-rate taxable bond market. The fund is non-diversified.
The iPath® US Treasury 2-year Bear ETN is designed to provide investors with inverse exposure to the Barclays 2Y US Treasury Futures Targeted Exposure Index™. The Barclays 2Y US Treasury Futures Targeted Exposure Index™ (the "Index") is designed to decrease in response to an increase in the 2-year Treasury note yields and to increase in response to a decrease in 2-year Treasury note yields. The Index targets a fixed level of sensitivity to changes in the yield of the current "cheapest-to-deliver" note underlying the relevant 2-year Treasury futures contract at a given point in time.

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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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