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DXHYX Direxion Monthly High Yld Bull 1.2X Inv

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Fund DXHYX Direxion Monthly High Yld Bull 1.2X Inv DTYL iPath® US Treasury 10-year Bull ETN DTUL iPath® US Treasury 2-year Bull ETN  
Similarity
?
100% 90% 90%
Annual Fees
?
$178.18
(1.76% Exp. Ratio)
$75.93
(0.75% Exp. Ratio)
$75.93
(0.75% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.24% annual return
$8,488.96 $11,537.70 $11,537.70
Est. savings over 30 yrs +$3,048.74 +$3,048.74
Return
As of 12/31/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 0.09%
3 YR 5.18%
5 YR 2.45%
10 YR --
1 YR RETURN 0.96%
3 YR 2.85%
5 YR 1.81%
10 YR --
Description
The investment seeks monthly investment results, before fees and expenses, of 120% of the calendar month performance of the Solactive High Yield Beta Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide leveraged exposure to the index and/or ETFs that track the index. The index is a rules-based index calculated in U.S. Dollars that provides exposure to an equal weighted portfolio of 3 high yield ETFs: the SPDR Bloomberg Barclays High Yield Bond ETF, the iShares iBoxx $ High Yield Corporate Bond ETF and the PIMCO 0-5 Year High Yield Corporate Bond Index ETF. It is non-diversified.
The investment seeks to provide investors with exposure to the Capital 10Y US Treasury Futures Targeted Exposure Index™. The Barclays 10Y US Treasury Futures Targeted Exposure Index™ (the "index") is designed to decrease in response to an increase in the 10-year Treasury note yields and to increase in response to a decrease in 10-year Treasury note yields. The index targets a fixed level of sensitivity to changes in the yield of the current "cheapest-to-deliver" note underlying the relevant 10-year Treasury futures contract at a given point in time.
The investment seeks to provide investors with exposure to the Barclays 2Y US Treasury Futures Targeted Exposure Index™. The Barclays 2Y US Treasury Futures Targeted Exposure Index™ (the "index") is designed to decrease in response to an increase in the 2-year Treasury note yields and to increase in response to a decrease in 2-year Treasury note yields. The index targets a fixed level of sensitivity to changes in the yield of the current "cheapest-to-deliver" note underlying the relevant 2-year Treasury futures contract at a given point in time.

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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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