DEURVelocityShares Daily 4x Long USD vs EUR ETN
DEUR Fund Description
The VelocityShares Daily 4x Long USD vs EUR ETN provides daily 4x leveraged inverse exposure to the US dollar price of the Euro.
DEUR Factset Analytics Insight
For traders looking to make a serious bet against the Euro, DEUR ratchets up the leverage with -4x exposure to the USD/EUR spot rate. The expense ratio may appear steep, but leveraged ETPs such as this are designed as short-term trading tools, so liquidity and trading costs are of greater importance. Because the note resets its leverage daily, traders holding for longer than one day face the problems of path dependency and compounding—the note’s long-term performance is extremely difficult to predict.
DEUR CHARTS AND PERFORMANCE
DEUR Portfolio Data
DEUR Index Data
DEUR Fund Structure
DEUR Tax Exposures
DEUR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DEUR. DEUR is rated a N/A out of 5.