Inverse Currency ETFs
Most of these ETFs seek to profit from a decline 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 depreciates in value in 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 #10 out of 65 ETF categories.
Avg. SMART Grade
The average cap-weighted SMART Grade for ETFs in this category is B (Buy).
|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 UltraShort Euro
ProShares Short Euro
ProShares UltraShort Yen New
ProShares UltraShort Australian Dollar
Market Vectors Double Short Euro ETN
Get Free Updates
Most Popular Articles
- Oil Prices: Why the US, Saudi Arabia, and Russia Could Reach a Production Agreement
- Why Long Term Investors Lose Money In Commodity ETFs (USO, UNG)
- Oil ETF Investing: The Best Oil ETFs For Any Move In Crude Prices (USO, DBO, UCO, SCO, ERY, ERX, XLE)