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DXRLX Direxion Mthly Small Cap Bull 2X

2 lower fee alternatives found

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  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund DXRLX Direxion Mthly Small Cap Bull 2X URTY ProShares UltraPro Russell2000 SOXL Direxion Daily Semicondct Bull 3X ETF  
Similarity
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100% 85% 85%
Annual Fees
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$160.64
(1.51% Exp. Ratio)
$101.06
(0.95% Exp. Ratio)
$103.19
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 6.38% annual return
$40,538.71 $48,055.17 $47,764.93
Est. savings over 30 yrs +$7,516.47 +$7,226.22
Return
As of 12/31/16
1 YR RETURN 39.65%
3 YR 9.41%
5 YR 26.23%
10 YR 0.53%
1 YR RETURN 58.74%
3 YR 10.01%
5 YR 36.59%
10 YR --
1 YR RETURN 123.30%
3 YR 51.43%
5 YR 55.82%
10 YR --
Description
The investment seeks monthly investment results, before fees and expenses, of 200% of the calendar month performance of the Russell 2000® 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 Russell 2000® Index (the "index") and/or exchange-traded funds ("ETFs") that track the index. The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000® Index, based on a combination of their market cap and current index membership. The fund is non-diversified.
The investment seeks daily investment results that correspond to three times (3x) the daily performance of the Russell 2000® 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 is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 8% of the total market capitalization of the Russell 3000® Index, which in turn represents approximately 98% of the investable U.S. equity market. It is non-diversified.
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity 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

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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