INR

Market Vectors-Indian Rupee/USD ETN
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*Unless otherwise stated, data provided by FactSet.

INR Fund Description

INR tracks an index of rolling 3-month nondeliverable forward contracts on the Indian rupee.

INR Factset Analytics Insight

INR is the perfect example of an ETN whose investment strategy has worked remarkably well in recent years, but still failed to attract investor interest. With a low asset base, INR is at a high risk of closure. It’s expensive, barely trades, and has milewide spreads. INR tracks an index that rolls over 3-month forward-currency contracts—meaning its returns are affected by currency expectations of the forward markets. Structured as an ETN, INR comes with credit risk—even though its issuer, Morgan Stanley, currently carries low default risk. On the tax front, all capital gains—long- and short term—are taxed as ordinary income.

INR CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 02/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
INR -1.44% 0.55% -1.37% -2.64% 3.95% 4.09% 1.59%
INR (NAV) 0.35% 2.08% -1.91% -4.21% 4.13% 2.79% 1.63%
S&P Indian Rupee Total Return Index -- -- -- -- -- -- 1.63%
IU Indian Rupee Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

INR Summary Data

03/14/08
Exchange-Traded Note
0.55%
$977.72K
$5.63K
14.96%

INR Portfolio Data

0%
N/A
Derivative

INR Index Data

INR Portfolio Management

0.55%

INR Tax Exposures

39.60% / 39.60%
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No

INR Fund Structure

Exchange-Traded Note
Derivative
No
Morgan Stanley
Low
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

INR Factset Analytics Block Liquidity

As of 02/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of INR. INR is rated a 0 out of 5.

INR Tradability

107
$5.63K
0
0
14.96%
$6.29
-0.56%
10.24% / -6.20%
Potential
100.00%
50,000
0
0.00%
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$40.68
0

INR PORTFOLIO TILTS COMPARISON


INR
Segment Benchmark
0.00
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INR Performance Statistics

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