Market Vectors Double Long Euro ETN (URR)
| 26.36 Data as of May 20 |  0.00 / 0.00%Today’s Change | 19.08 Today|||52-Week Range 30.13 | -2.37% Year-to-Date |
Investment Objective
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%.
Latest URR News
| El Corte InglC)s pursues b,5bn net debt restructuring 12:47pm / FT.com | Now Is Not the Time to Insult Dimon 7:50am / TheStreet.com |
| Inside Business: China's banks face no-win situation 12:32pm / FT.com | European Banks Face Severe Handicap Recruiting in U.S., Asia 2:06am / TheStreet.com |
| Morgan Stanley Stock Hold Recommendation Reiterated (MS) 10:16am / TheStreet.com | Corporate Profit Margins to Increase Through 2014, Says Morgan Stanley May 20 / TheStreet.com |
Performance
| 1 month | -2.83% | 3 years | +0.36% | |
| 3 months | -6.30% | 5 years | -8.74% | |
| 1 year | +0.02% | Since inception | -8.34% |
Data through 05/21/2013
Quote Details
| Previous close | $26.36 |
| Open day’s range | -- – -- |
| Net asset value (NAV) | 25.80 (05/20/2013) |
| Daily volume | 0 |
| Average volume (3 months) | 403 |
Data as of 05/20/2013
Peer Comparisonvs. Trading-miscellaneous ETFs
| URR | Category | |
|---|---|---|
| Performance 5-yr return | -8.74% | -- |
| Expense Gross exp ratio | 0.65% | 0.82% |
| Risk 5 year sharpe ratio | -- | -- |
| Net assets | $900.0K | $42.3M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.20% |
Competitors
Holdings
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| Holdings not available. |