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DXHLX Direxion Mthly China Bull 2X Inv

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Fund DXHLX Direxion Mthly China Bull 2X Inv BDCL UBS ETRACS 2xLvg Lng WF Busn Dev Co ETN SPXL Direxion Daily S&P500® Bull 3X ETF  
Similarity
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100% 87% 85%
Annual Fees
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$153.89
(1.40% Exp. Ratio)
$93.43
(0.85% Exp. Ratio)
$106.62
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 9.92% annual return
$111,809.49 $132,115.19 $127,401.51
Est. savings over 30 yrs +$20,305.71 +$15,592.02
Return
As of 11/30/16
1 YR RETURN 1.39%
3 YR -5.66%
5 YR 0.44%
10 YR --
1 YR RETURN 21.26%
3 YR 0.46%
5 YR 18.92%
10 YR --
1 YR RETURN 15.55%
3 YR 19.66%
5 YR 38.42%
10 YR --
Description
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the FTSE China 50 Index. The fund invests at least 80% of its assets in the securities that comprise the FTSE China 50 Index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index consists of the 50 largest and most liquid Chinese companies currently trading on the Hong Kong Stock Exchange. It will concentrate its investment in a particular industry or group of industries to approximately the same extent as the index is so concentrated. The fund is non-diversified.
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 daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments. The index is a capitalization-weighted index composed of 500 common stocks. 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.

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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".

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