ALTEX vs DVYA Fund Comparison

A comparison between ALTEX and DVYA based on their expense ratio, growth, holdings and how well they match their benchmark performance.

Group Created with Sketch.

Minafi's Take on ALTEX vs DVYA

Here's an in depth look at the differences between Firsthand Alternative Energy Fund ($ALTEX) and iShares Asia/Pacific Dividend ETF ($DVYA).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

  • altex
  • Mutual Fund
  • Sector Equity
  • Technology

Firsthand Alternative Energy Fund

Expenses: 1.98% (Better than 0% of similar funds)

This is a bad choice for a Technology Sector Equity fund. See why »

39% FI Score
  • dvya
  • ETF
  • International Stocks
  • Asia/Pacific Stock

iShares Asia/Pacific Dividend ETF

Expenses: 0.49% (Better than 1% of similar funds)

This is a bad choice for a Asia/Pacific Stock International Stocks fund. See why »

$ALTEX is classified as a Mutual Fund while $DVYA is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

ALTEX DVYA
Market Score 0.3 /10 1.7 /10
Category Score 0.0 /10 5.0 /10
Total 0.3 6.7

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $DVYA

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, ALTEX has an expense ratio of 1.98% while DVYA has an expense ratio of 0.49%.

Winner: $DVYA

Fund Size Comparison

Both ALTEX and DVYA have a similar number of assets under management. ALTEX has 5.59 Million in assets under management, while DVYA has 24.5 Million.

Minafi categorizes both of these funds as small funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? ALTEX or DVYA?

Comparing these two funds isn't an apples to apples comparison. ALTEX is a Sector Equity Technology fund, while DVYA is a International Stocks Asia/Pacific Stock fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives ALTEX a score of 3 and DVYA a score of 39.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$ALTEX

Firsthand Alternative Energy Fund

3

Read More
Ratings
Rating Type Rating
Expense Ratio Score 1 /10
Expense Rating 0 /10
Market Score 0 /10
Category Score 0 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Oct-29-2007
Exchange NMFQS
Expense Ratio 1.980%
Net Assets 5.59 Million
Yield 0.00%
Holdings
Description Info
Market Sector Equity
Category Technology
Sectors
  • Basic Materials 3.58%
  • Communication Services 0.00%
  • Consumer Cyclical 0.01%
  • Consumer Defensive 0.00%
  • Energy 0.00%
  • Financial Services 0.00%
  • Healthcare 8.25%
  • Industrials 26.06%
  • Real Estate 0.00%
  • Technology 56.87%
  • Utilities 5.23%
Regions
  • Asia Developed 0.21%
  • Europe Developed 21.04%
  • Japan 1.73%
  • North America 71.55%
  • United Kingdom 5.48%

$DVYA

iShares Asia/Pacific Dividend ETF

39

Read More
Ratings
Rating Type Rating
Diversification Score 0 /10
Expense Ratio Score 6 /10
Expense Rating 5 /10
Market Score 2 /10
Category Score 5 /10
Overview
Overview Details
Fund Type ETF
Inception Date Feb-23-2012
Exchange NYSE ARCA
Expense Ratio 0.490%
Net Assets 24.5 Million
Yield 6.72%
Holdings
Description Info
Market International Stocks
Category Asia/Pacific Stock
Sectors
  • Basic Materials 12.27%
  • Communication Services 15.59%
  • Consumer Cyclicals 26.39%
  • Consumer Defensive 0.00%
  • Energy 2.28%
  • Financial Services 25.11%
  • Healthcare 0.00%
  • Industrials 6.00%
  • Real Estate 0.00%
  • Technology 2.78%
  • Utilities 9.59%
Regions
  • Asia Developed 26.46%
  • Australasia 64.38%
  • Japan 9.16%

Adam says: Learn how to confidently invest for retirement!

Join the Minafi Investor Bootcamp to see how.

This 10-course bootcamp starts at only $10 for everything!

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo