NYSEArca - Nasdaq Real Time Price USD

Market Vectors Double Long Euro ETN (URR)

14.01 0.00 (0.00%)
As of April 28 at 10:05 AM EDT. Market Open.

ETF Summary

The investment seeks to replicate, net of expenses, the Double Long Euro Index. As the index is two-times leveraged, for every 1% strengthening of the euro relative to the U.S. dollar, the level of the index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the index will generally decrease by 2%.

ETF Overview

Category Trading--Miscellaneous
Fund Family Market Vectors
Net Assets 440k
YTD Daily Total Return -8.28%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes URR Category Average
Annual Report Expense Ratio (net) 0.65% 0.00%
Holdings Turnover 0.00% --
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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