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RYIDX Rydex Inverse Dow 2x Strategy A

6 lower fee alternatives found

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Fund RYIDX Rydex Inverse Dow 2x Strategy A EMSA iPath® Short Enh MSCI Emerg Mkts ETN SH ProShares Short S&P500  
Similarity
?
100% 85% 88%
Annual Fees
?
$164.29
(1.82% Exp. Ratio)
$72.21
(0.80% Exp. Ratio)
$80.34
(0.89% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -9.73% annual return
$267.15 $364.27 $354.48
Est. savings over 30 yrs +$97.11 +$87.33
Return
As of 11/30/16
1 YR RETURN -24.17%
3 YR -20.92%
5 YR -25.89%
10 YR -21.66%
1 YR RETURN -18.59%
3 YR 1.13%
5 YR -6.84%
10 YR --
1 YR RETURN -9.44%
3 YR -10.36%
5 YR -14.55%
10 YR -9.67%
Description
The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the Dow Jones Industrial Average® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing 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 the securities of companies included in the underlying index. The fund is non-diversified.
The iPath® Short Enhanced MSCI Emerging Markets Index ETN is designed to provide investors with leveraged return on the inverse performance of the MSCI Emerging Markets Net Total Return Index. The MSCI Emerging Markets Net Total Return Index is a free float-adjusted market capitalization Index that is designed to offer a representation of equity market performance of emerging markets.
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.

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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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