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DXQLX Direxion Mthly NASDAQ-100 Bull 2X Inv

3 lower fee alternatives found

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Fund DXQLX Direxion Mthly NASDAQ-100 Bull 2X Inv QLD ProShares Ultra QQQ TQQQ ProShares UltraPro QQQ  
Similarity
?
100% 86% 86%
Annual Fees
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$159.57
(1.50% Exp. Ratio)
$101.06
(0.95% Exp. Ratio)
$101.06
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 6.38% annual return
$40,662.37 $48,055.17 $48,055.17
Est. savings over 30 yrs +$7,392.81 +$7,392.81
Return
As of 12/31/16
1 YR RETURN 9.87%
3 YR 20.14%
5 YR 33.20%
10 YR 12.31%
1 YR RETURN 10.01%
3 YR 20.18%
5 YR 33.63%
10 YR 16.25%
1 YR RETURN 11.04%
3 YR 26.92%
5 YR 49.45%
10 YR --
Description
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the NASDAQ-100® Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide leveraged exposure to the NASDAQ-100® Index (the "index") and/or exchange-traded funds ("ETFs") that track the index. The index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market® based on market capitalization. The fund is non-diversified.
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.
The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. 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

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