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DZK Direxion Daily Dev Mkts Bull 3X ETF

3 lower fee alternatives found

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Fund DZK Direxion Daily Dev Mkts Bull 3X ETF MFLA iPath® Long Enhanced MSCI EAFE® ETN EFO ProShares Ultra MSCI EAFE  
Similarity
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100% 87% 87%
Annual Fees
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$109.95
(1.00% Exp. Ratio)
$87.96
(0.80% Exp. Ratio)
$104.46
(0.95% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 9.95% annual return
$127,435.97 $135,389.93 $129,381.03
Est. savings over 30 yrs +$7,953.96 +$1,945.05
Return
As of 11/30/16
1 YR RETURN -22.28%
3 YR -15.78%
5 YR 5.04%
10 YR --
1 YR RETURN -8.08%
3 YR -5.32%
5 YR 9.18%
10 YR --
1 YR RETURN -11.78%
3 YR -8.40%
5 YR 6.05%
10 YR --
Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI EAFE® Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the MSCI EAFE® Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance by including securities of large- and mid-capitalization companies across developed markets countries around the world, excluding the U.S. and Canada. The fund is non-diversified.
The iPath® Long Enhanced MSCI EAFE® Index ETN is designed to provide investors with leveraged return on the performance of the MSCI EAFE® Net Total Return Index. The MSCI EAFE® Net Total Return Index is a free float-adjusted market capitalization Index that is designed to offer a representation of equity market performance of developed markets in Europe, Australasia and the Far East.
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI EAFE 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 includes 85% of free float-adjusted, market capitalization in each industry group in developed market countries, excluding the U.S. and Canada. 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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