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RMQCX Rydex Monthly Rbl NASDAQ-100® 2x Strt C

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Fund RMQCX Rydex Monthly Rbl NASDAQ-100® 2x Strt C RMQHX Rydex Monthly Rbl NASDAQ-100® 2x Strt H  
Similarity
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100% 100%
Annual Fees
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$238.60
(2.17% Exp. Ratio)
$148.44
(1.35% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 9.95% annual return
$89,206.77 $114,590.57
Est. savings over 30 yrs +$25,383.80
Return
As of 11/30/16
1 YR RETURN 5.01%
3 YR --
5 YR --
10 YR --
1 YR RETURN 6.23%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide investment results that match, before fees and expenses, the performance of a specific benchmark on a calendar month basis. The fund's current benchmark is 200% of the performance of the NASDAQ-100 Index® (the "underlying index"). Under normal circumstances, it will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and securities and financial instruments with economic characteristics that should perform similarly to the securities of companies in the fund's benchmark. It is non-diversified.
The investment seeks to provide investment results that match, before fees and expenses, the performance of a specific benchmark on a calendar month basis. The fund's current benchmark is 200% of the performance of the NASDAQ-100 Index® (the "underlying index"). Under normal circumstances, it will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and securities and financial instruments with economic characteristics that should perform similarly to the securities of companies in the fund's benchmark. It 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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