Investment Test Drive

DLUSX DoubleLine Ultra Short Bond N

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Fund DLUSX DoubleLine Ultra Short Bond N FTSM First Trust Enhanced Short Maturity ETF  
Similarity
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100% 86%
Annual Fees
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$62.16
(0.61% Exp. Ratio)
$25.47
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.90% annual return
$14,636.67 $16,313.56
Est. savings over 30 yrs +$1,676.89
Return
As of 11/30/16
1 YR RETURN --
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.20%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide a level of current income consistent with limited price volatility. The fund seeks to provide a level of current income consistent with limited price volatility by investing principally in investment grade, U.S. dollar-denominated debt instruments, including bank obligations, commercial paper, asset-backed commercial paper, and repurchase agreements. The adviser intends to invest only in fixed income and other income-producing instruments rated investment grade and unrated securities considered by the Adviser to be of comparable credit quality. The adviser intends to invest at least 80% of the fund's net assets in bonds.
The investment seeks current income, consistent with preservation of capital and daily liquidity. Under normal market conditions, the Advisor intends to achieve its investment objective by investing at least 80% of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate instruments (collectively, "Fixed Income Securities") issued by U.S. and non-U.S. public and private sector entities. 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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