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Market Vectors Double Short Euro ETN (DRR)

-NYSEArca
38.04 Up 0.21(0.56%) 12:16PM EDT
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Prev Close:37.83
Open:37.95
Bid:34.77 x 100
Ask:38.31 x 500
NAV¹:38.82
Net Assets²:34.81M
YTD Return (Mkt)²:-0.52%
Day's Range:37.88 - 38.04
52wk Range:37.35 - 45.99
Volume:2,301
Avg Vol (3m):4,398
P/E (ttm)²:N/A
Yield (ttm)²:0.00

¹As of Apr 4, 2014

²As of Mar 31, 2014

Quotes delayed, except where indicated otherwise. Currency in USD.

Headlines

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Fund Basics

Category:Trading-Miscellaneous
Fund Family:Market Vectors
Total Assets:34.81M
Legal Type:Exchange Traded Fund

Performance & Risk

YTD Return:-0.52%
3y Avg Return:-1.26%
5y Avg Return:-5.14%
Beta (3y):-54.49

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%. View More
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