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Market Vectors Double Short Euro ETN (DRR)

-NYSEArca
56.97 Up 1.14(2.04%) 4:00PM EDT
Profile as of Apr 29, 2016Get Profile for:
Market Vectors Double Short Euro ETN

Phone: 888-658-8287
Fund Overview 
Category: Trading--Miscellaneous
Fund Family: Market Vectors
Net Assets:29.89M
Yield:0.00%
Fund Inception Date:May 6, 2008
Legal Type:Exchange Traded Fund
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Morningstar Style Box 
Trading--Miscellaneous
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Fund Summary 
The investment seeks to replicate, net of expenses, the Double Short Euro Index. As the index is two-times leveraged, for every 1% weakening of the euro relative to the U.S. dollar, the level of the index will generally increase by 2%, while for every 1% strengthening of the euro relative to the U.S. dollar, the index will generally decrease by 2%.

Fund Operations 
 DRRCategory Avg
Annual Report Expense Ratio (net)0.65%N/A
Annual Holdings Turnover0.00%N/A
Total Net AssetsNaNN/A
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