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VMIN REX VolMAXX™ Short VIX Wkly FutsStratETF

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Fund VMIN REX VolMAXX™ Short VIX Wkly FutsStratETF VMAX Rex VolMaxx™ Lng VIX Wkly Futs Strat ETF XIVH VelocityShares VIX Shrt Volatil Hdg ETN  
Similarity
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100% 95% 85%
Annual Fees
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$154.27
(1.45% Exp. Ratio)
$133.00
(1.25% Exp. Ratio)
$138.31
(1.30% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 6.40% annual return
$41,443.64 $44,042.52 $43,378.41
Est. savings over 30 yrs +$2,598.88 +$1,934.77
Return
As of 11/30/16
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Description
The investment seeks to provide investors with short exposure to the implied volatility of the broad-based, large-cap U.S. equity market. The fund seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio of short positions in futures contracts based on the Chicago Board Options Exchange, Incorporated ("CBOE") Volatility Index (the "VIX Index") with weekly and monthly expirations. The VIX Index seeks to measure the market's current expectation of 30-day volatility of the S&P 500® Index, as reflected by the prices of near-term S&P 500® options. It is non-diversified.
The investment seeks to provide investors with exposure to the implied volatility of the broad-based, large-cap U.S. equity market. The fund seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio of futures contracts based on the Chicago Board Options Exchange, Incorporated ("CBOE") Volatility Index (the "VIX Index") ("VIX Futures Contracts") with weekly and monthly expirations. The VIX Index seeks to measure the market's current expectation of 30-day volatility of the S&P 500® Index, as reflected by the prices of near-term S&P 500® options. The fund is non-diversified.
The Short Volatility Hedged Securities seeks to track the performance of S&P 500 VIX Futures Short Volatility Hedged Index TR – Short Term (the “Short Volatility Hedged Index”). Each of the 13 sub-portfolios of the Short Volatility Hedged Index has a target exposure of a 10% two times leveraged long position and a 90% unleveraged short position in the Short-Term Futures Index, which is intended to result in a net short position in VIX futures.

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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.

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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".

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