Investment Test Drive

EUFL Direxion Daily Eurp Fincls Bull 2X ETF

6 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund EUFL Direxion Daily Eurp Fincls Bull 2X ETF FAZZ Direxion Daily Financial Bear 1X ETF EUFS Direxion Daily Eurp Fincls Bear 1X ETF  
Similarity
?
100% 89% 87%
Annual Fees
?
$74.17
(0.82% Exp. Ratio)
$40.70
(0.45% Exp. Ratio)
$42.51
(0.47% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -9.55% annual return
$384.40 $429.83 $427.24
Est. savings over 30 yrs +$45.43 +$42.85
Return
As of 10/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN --
3 YR --
5 YR --
10 YR --
Description
The investment seeks daily investment results, of 200% of the inverse of the MSCI Europe Financials 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 free float-adjusted, market capitalization-weighted index and represents securities of large-capitalization and mid-capitalization companies across developed market countries in Europe. All component securities in the index are classified in financial sector. It 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 Financials Select Sector Index. The fund, under normal circumstances, 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 provided by S&P Dow Jones Indices and includes domestic companies from the financial sector. 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 MSCI Europe Financials Index. The fund normally 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 free float-adjusted, market capitalization-weighted index and represents securities of large-capitalization and mid-capitalization companies across developed market countries in Europe. It is non-diversified.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!