Investment Test Drive

BDCL UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN

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Fund BDCL UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN MORL UBS ETRACS Mthly Py 2xLvg Mortg REIT ETN  
Similarity
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100% 91%
Annual Fees
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$93.00
(0.85% Exp. Ratio)
$43.77
(0.40% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 9.41% annual return
$115,081.14 $131,826.51
Est. savings over 30 yrs +$16,745.37
Return
As of 10/31/16
1 YR RETURN 29.46%
3 YR 1.22%
5 YR 16.36%
10 YR --
1 YR RETURN 38.79%
3 YR 15.27%
5 YR --
10 YR --
Description
The investment seeks to replicate, net of expenses, twice the performance of the Wells Fargo Business Development Company index. The index is a float adjusted, capitalization-weighted index that is intended to measure the performance of all Business Development Companies (“BDC”) that are listed on the New York Stock Exchange or NASDAQ and satisfy specified market capitalization and other eligibility requirements. The BDC business model is to lend to small and midsized companies at high yield equivalent rates while also at times taking equity stakes in such companies.
The investment seeks to link to the Market Vectors® Global Mortgage REITs Index. The index tracks the overall performance of publicly-traded mortgage REITs that derive at least 50% of their revenues from mortgage-related activities. The Securities are senior unsecured debt securities issued by UBS AG (UBS). The Securities provide a monthly compounded two times leveraged long exposure to the performance of the Index, reduced by the Accrued Fees.

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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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