Leveraged Currency ETFs
Most of these ETFs seek to profit from an appreciation in the value of the underlying country's currency benchmark as they are designed to appreciate in value when the price of the specified currency appreciates in value by two, three, or four times. We view inverse or leveraged ETF categories as simply suited for aggressive investors only who are willing to accept the exaggerated returns offered by these particular ETFs and are prone to more active portfolio management. We see limited appeal for long-term investors.
This category ranks #60 out of 65 ETF categories.
Avg. SMART Grade
The average cap-weighted SMART Grade for ETFs in this category is C (Neutral).
|Fund Symbol/Name||Last||Open||High||Low||52-Wk Hi||52-Wk Lo||Day Chg||YTD Chg||12-Mo Chg||AUM||Exp. Ratio||SMART Grade|
ProShares Ultra Yen
ProShares Ultra Euro
Market Vectors Double Long Euro ETN
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