The eurozone is a monetary union of 19 countries that have adopted the euro as their common currency. Also known as the euro land, it includes most of the largest nations in Europe. Euro ETFs provide long and short exposure to the euro and can also be levered.
With 7 ETFs traded in the U.S. markets, Eurozone ETFs gather total assets under management of $550.68M. The average expense ratio is of 0.73%. Eurozone ETFs can be found in the following asset classes:
- Fixed Income
The largest Eurozone ETF is the CurrencyShares Euro Trust FXE with $294.52M in assets. In the last trailing year, the best performing Eurozone ETF was the ULE at 19.55%. The most-recent ETF launched in the Eurozone space was the ProShares Short Euro EUFX in 06/26/12.