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PSQ ProShares Short QQQ

2 lower fee alternatives found

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Fund PSQ ProShares Short QQQ SH ProShares Short S&P500 MLPS UBS ETRACS 1xM Shrt Alrn MLP Infr TR ETN  
Similarity
?
100% 99% 85%
Annual Fees
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$85.93
(0.95% Exp. Ratio)
$80.50
(0.89% Exp. Ratio)
$76.88
(0.85% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -9.55% annual return
$369.56 $376.34 $380.92
Est. savings over 30 yrs +$6.78 +$11.36
Return
As of 10/31/16
1 YR RETURN -7.29%
3 YR -14.82%
5 YR -17.02%
10 YR -14.29%
1 YR RETURN -6.45%
3 YR -10.17%
5 YR -14.01%
10 YR -9.43%
1 YR RETURN -7.06%
3 YR -0.49%
5 YR -8.79%
10 YR --
Description
The investment seeks daily investment results before fees and expenses that correspond to the inverse (-1x) of the daily performance of the NASDAQ-100 Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P 500®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund 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.

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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.

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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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