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  • ETF
  • ERO
    Pricing Data
    $41.70
    Change: $0.04 (0.0%)
    Time: 05/26/17
    Previous Close: $41.66
  • Category
  • Currency
Last Updated:

Profile

Vitals

  • Issuer: iPath
  • Structure: ETN
  • Expense Ratio: 0.40%
  • ETF Home Page: Home page
  • Inception: May 08, 2007
  • Tax Form: 1099
  • Tracks This Index: Euro

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $38.67
  • 52 Week Hi: $43.08
  • AUM: $2.9 M
  • Shares: 0.1 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 182
  • 3 Month Avg. Volume: 468

Alternative ETFs in the Currency Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This product offers a way for investors to bet on an appreciation of the euro relative to the U.S. dollar, giving it a wide variety of potential applications. While the relatively low volatility may not make ERO appealing to speculators, this ETN can be useful in hedging currency exposure existing in a portfolio or for betting on a longer-term movement in the two currencies. Investors looking to establish euro exposure should take note of the structure of various products, and understand the impact that may have on credit risk, diversification, and tax efficiency. ERO is an ETN, meaning it is a debt instrument linked to the EUR/USD exchange rate. That should be appealing to investors, as the nuances associated with forward contracts or other derivatives is eliminated. The credit risk, however, should be considered, as should the tax treatment of currency ETNs. Other euro ETP options include FXE (a grantor trust) and EU (a true ETF).

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for ERO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Currency with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

ERO Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C UUP
Expenses A FXSG
Performance
Volatility
Dividend
Concentration

Knowledge Centers

ERO In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.

ERO Holdings

Filings Data as of: May 25, 2017

All 1 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

Number of Holdings
Rank:
1
Category Low
Category High
% Assets in Top 10
Rank:
100.00%
Category Low
Category High

ERO Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

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Expenses Ratio Analysis

ETF Average
0.564%
ETF Wtd. Average
0.24%
Category Average
0.54%
Expense Ratio
Rank:
0.40%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 12 other ETFs in the Currency ETFdb.com Category that are also eligible for commission free trading:

ERO Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

1 Week Return
Rank:
0.14%
Category Low
Category High
4 Week Return
Rank:
3.35%
Category Low
Category High
13 Week Return
Rank:
5.81%
Category Low
Category High
26 Week Return
Rank:
5.89%
Category Low
Category High
Year to Date Return
Rank:
6.92%
Category Low
Category High
1 Year Return
Rank:
-0.74%
Category Low
Category High
3 Year Return
Rank:
-20.28%
Category Low
Category High
5 Year Return
Rank:
-14.98%
Category Low
Category High

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Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of ERO relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

ERO Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

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P/E Ratio
Rank:
No Ranking Available
Category Low
Category High

ERO Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

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Dividend
n/a
Dividend Date
n/a
Annual Dividend Rate
n/a
Annual Dividend Yield
Rank:
No Ranking Available
Category Low
Category High

ERO Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

5 Day Volatility
Rank:
26.13%
Category Low
Category High
20 Day Volatility
Rank:
10.98%
Category Low
Category High
50 Day Volatility
Rank:
10.41%
Category Low
Category High
200 Day Volatility
Rank:
12.52%
Category Low
Category High
Beta
Rank:
0.24
Category Low
Category High
Standard Deviation
Rank:
1.11%
Category Low
Category High

Technicals

  • 20 Day MA: $40.92
  • 60 Day MA: $40.16
  • MACD 15 Period: 0.61
  • MACD 100 Period: 1.59
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: n/a
  • RSI 10 Day: 76
  • RSI 20 Day: 68
  • RSI 30 Day: 63
  • Ultimate Oscillator: 86

Bollinger Brands

  • Lower Bollinger (10 Day): $40.22
  • Upper Bollinger (10 Day): $42.42
  • Lower Bollinger (20 Day): $39.75
  • Upper Bollinger (20 Day): $42.08
  • Lower Bollinger (30 Day): $39.14
  • Upper Bollinger (30 Day): $41.98

Support & Resistance

  • Support Level 1: $41.70
  • Support Level 2: $41.70
  • Resistance Level 1: $41.70
  • Resistance Level 2: $41.70

Stochastic

  • Stochastic Oscillator %D (1 Day): 52.45
  • Stochastic Oscillator %D (5 Day): 82.55
  • Stochastic Oscillator %K (1 Day): 56.10
  • Stochastic Oscillator %K (5 Day): 80.53

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.