Investment Test Drive

ULPIX ProFunds UltraBull Inv

2 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ? ALTERNATIVE
Fund ULPIX ProFunds UltraBull Inv FAS Direxion Daily Financial Bull 3X ETF SPXL Direxion Daily S&P500® Bull 3X ETF  
Similarity
?
100% 88% 86%
Annual Fees
?
$155.32
(1.46% Exp. Ratio)
$103.19
(0.97% Exp. Ratio)
$103.19
(0.97% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 6.38% annual return
$41,160.68 $47,764.93 $47,764.93
Est. savings over 30 yrs +$6,604.25 +$6,604.25
Return
As of 12/31/16
1 YR RETURN 20.27%
3 YR 13.51%
5 YR 25.85%
10 YR 5.81%
1 YR RETURN 40.63%
3 YR 21.85%
5 YR 49.90%
10 YR --
1 YR RETURN 29.37%
3 YR 19.00%
5 YR 39.53%
10 YR --
Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500® (the "index"). The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. It is a float-adjusted, market capitalization weighted index of approximately 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund is non-diversified.
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Financial Services Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Financial Services Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large-cap 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 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.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

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.

+

Your Feedback has been sent successfully!