Investment Test Drive

SKF ProShares UltraShort Financials

3 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund SKF ProShares UltraShort Financials EMSA iPath® Short Enh MSCI Emerg Mkts ETN MLPS UBS ETRACS 1xM Shrt Alrn MLP Infr TR ETN  
Similarity
?
100% 85% 85%
Annual Fees
?
$85.76
(0.95% Exp. Ratio)
$72.22
(0.80% Exp. Ratio)
$76.73
(0.85% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming -9.73% annual return
$348.29 $364.46 $358.99
Est. savings over 30 yrs +$16.18 +$10.70
Return
As of 11/30/16
1 YR RETURN -25.42%
3 YR -23.31%
5 YR -33.42%
10 YR --
1 YR RETURN -18.59%
3 YR 1.13%
5 YR -6.84%
10 YR --
1 YR RETURN -16.14%
3 YR -1.08%
5 YR -9.13%
10 YR --
Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. 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 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.

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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