Mutual Fund Replacement

Save by using similar low-cost ETFs instead



Estimates of cost savings are based on certain assumptions, which you can change here. See important disclosures below.


ICON Information Technology Fund (ICTEX)

Holdings Data
Holdings dateSep 30, 2018
Number of holdings35
Coverage197%
Fee Structure
Expenses142 bp
Max load-- %
Redemption fee-- %
Top 10 Holdings
APPLE INC 12.7 %
FACEBOOK 6.0 %
VISA INC-CLASS A SHARES 5.8 %
INTEL CORP 5.3 %
CDW CORP/DE 4.8 %
EURONET WORLDWIDE INC 4.1 %
ELECTRO SCIENTIFIC INDS INC 3.8 %
OTHER ASSETS LESS LIABILITIES 3.1 %
COGNIZANT TECH SOLUTIONS-A 3.1 %
CDK GLOBAL INC 3.1 %
Sector Breakdown
1. Coverage indicates the percentage by weight of the mutual fund's holdings which we were able to match to a security in our database.
Ticker Fund Overlap2
vs. ICTEX
Estimated
Savings3
XLK Technology Select Sector SPDR 30.3% $370
FTEC Fidelity MSCI Info Technology 29.8% $382
VGT Vanguard Info Tech ETF 29.4% $377
IYW iShares US Technology 28.0% $278
IGM iShares S&P N. American Technology 27.9% $265
IXN iShares S&P Global Technology 27.1% $259
JHMT John Hancock Multifactor Technology 26.0% $281
IETC iShares Evolved U.S. Technology 24.4% $332
QYLD Global X NASDAQ 100 Covered Call ETF 23.1% $217
QQQ Invesco QQQ 21.1% $350
TMFC Motley Fool 100 Index 19.1% $242
QTEC First Trust NASDAQ 100 Tech 18.9% $235
TDIV First Trust NASDAQ Technology Dividend 18.8% $256
IWY iShares Russell Top 200 Growth 18.8% $347
MGK Vanguard Mega Cap 300 Growth 18.8% $386
XLG Invesco S&P Top 50 18.0% $347
RYT Invesco S&P Equal Weight Technology 17.2% $286
GVIP Goldman Sachs Hedge Industry VIP 17.1% $262
OQAL Invesco Russell 1000 Quality Factor ETF 17.1% $321
FXL First Trust Technology Alphadex 16.9% $217
Disclosures: 1. Overlap is based on disclosed holdings as of Sep 30, 2018, with weightings for each holding adjusted for recent changes in price. Portfolio holdings may have changed substantially since then and as a result the overlap with an ETF may be significantly overstated or understated. In most cases we consider holding an American Depository Receipt ("ADR") as equivalent to holding the company's common shares. 2. Estimates of cost savings are hypothetical and based on certain assumptions, which you can change here. When calculating estimated savings, we consider the difference in stated management fees between the mutual fund and an ETF, the investment amount, holding period, and costs associated with trading an ETF including trading commissions and the average bid/ask spread. Mutual fund redemption fees, if any, are not included in our calculations, though investors should consider their impact when deciding on a potential replacement. Investors should also consider factors other than costs when evaluating a mutual fund or ETF, such as the portfolio manager's historical track record and skill in adapting the portfolio to changing market conditions.