Investment Test Drive

DRIP Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF

15 lower fee alternatives found

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Fund DRIP Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF MLPS UBS ETRACS 1xM Shrt Alrn MLP Infr TR ETN HAKD Direxion Daily Cyber Sec&IT Bear 2X ETF  
Similarity
?
100% 95% 89%
Annual Fees
?
$86.66
(0.96% Exp. Ratio)
$76.73
(0.85% Exp. Ratio)
$73.12
(0.81% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -9.73% annual return
$347.23 $358.99 $363.36
Est. savings over 30 yrs +$11.76 +$16.13
Return
As of 11/30/16
1 YR RETURN -80.41%
3 YR --
5 YR --
10 YR --
1 YR RETURN -16.14%
3 YR -1.08%
5 YR -9.13%
10 YR --
1 YR RETURN -21.00%
3 YR --
5 YR --
10 YR --
Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry 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 leveraged and unleveraged exposure to the index. The index is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards ("GICS"). It is non-diversified.
The investment seeks to replicate, net of expenses, the inverse monthly performance of the Alerian MLP Infrastructure index. The index provides exposure to the infrastructure component of the Master Limited Partnership asset class. Its constituents each earn at least 50% of their EBITDA from assets that are not directly exposed to changes in commodity prices. The index is a composite of 25 energy infrastructure MLPs.
The investment seeks daily investment results of 200% of the inverse of the performance of the ISE Cyber Security 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; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. The index is comprised of domestic and foreign companies that are cyber security infrastructure providers or that provide cyber security services, and for whom cyber security is a key driver of the company's business. It 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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