Stock-Encyclopedia.com

U.S.-Listed ETF

Categories:

All ETFs  >  Commodity ETFs  >  Currency ETFs  >  European Currency ETFs  >  Euro ETFs

All ETFs  >  Stock ETFs  >  By Investment Strategy  >  Leveraged ETFs

All ETFs  >  Stock ETFs  >  By Investment Strategy  >  Short ETFs

The Market Vectors-Double Short Euro Exchange-Traded Note is designed to reproduce the performance of the Double Short Euro Index. As the Index is leveraged, for every 1% weakening of the euro relative to the U.S. dollar, the Index will increase by approximately 2%, while for every 1% strengthening of the euro relative to the U.S. dollar, the Index will decrease by approximately 2%.

Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: DRR

Fund manager: Van Eck Funds

Fund information from Van Eck Funds: Market Vectors Double Short Euro ETN

Fund launched:


This is the opposite/inverse investment product to the Market Vectors Double Long Euro ETN (URR).


ETF charts and further information:

Flash Player 9 or higher is required to view the chart
Click here to download Flash Player now

View the full NYSE:DRR chart at Wikinvest

This fund is based on the Double Short Euro Index (DSHRTEUR). You cannot buy shares in the index directly.

Index charts and further information:

Bloomberg Delayed index quote

Yahoo Finance Delayed index quote

Google Finance Real-time index quote

Disclaimers:
• Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
• Information on this website should not be assumed to be complete or correct. Funds can also change their investment goals. That's why, wherever possible, we provide links to the actual fund sponsor and the exchange on which the fund trades.

Created by Specifica, Inc.: Original content and unique compilation of information are copyright 2007-2011.