Investment Test Drive

ICTVX ICON Utilities A

1 lower fee alternative found

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Fund ICTVX ICON Utilities A FXU First Trust Utilities AlphaDEX® ETF  
Similarity
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100% 90%
Annual Fees
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$185.03
(1.75% Exp. Ratio)
$65.55
(0.62% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$31,360.26 $44,194.95
Est. savings over 30 yrs +$12,834.69
Return
As of 11/30/16
1 YR RETURN 17.25%
3 YR 10.70%
5 YR 9.93%
10 YR 6.12%
1 YR RETURN 17.39%
3 YR 11.58%
5 YR 11.17%
10 YR --
Description
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Utilities sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. It is non-diversified.
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Utilities Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE to objectively identify and select stocks from the Russell 1000® Index in the utilities sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.

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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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