Double Long Euro Index ETF Tax Rates
Index Description
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%.
ETFs Tracking The Double Long Euro Index
The following table presents sortable tax data for ETFs currently tracking the Double Long Euro Index.
As Of 05/24/2012
| Symbol | Name | ST Cap Gains Rate | LT Cap Gains Rate | Tax Form |
|---|---|---|---|---|
| URR | Market Vectors-Double Long Euro ETN | 35% | 35% | 1099 |
Other Leveraged Currency ETFs
ETFdb staff has allocated each ETF in the ETF database, as well as each index, to a single "best-fit" ETFdb Category. Other ETFs in the Leveraged Currency ETFdb Category are presented in the following table.
As Of 05/24/2012| Symbol | Name | ST Cap Gains Rate | LT Cap Gains Rate | Tax Form |
|---|---|---|---|---|
| EUO | UltraShort Euro | 23% | 23% | K-1 |
| YCS | UltraShort Yen | 23% | 23% | K-1 |
| DRR | Market Vectors-Double Short Euro ETN | 35% | 35% | 1099 |
| UUPT | 3x Long U.S. Dollar Index Futures ETN | 35% | 35% | 1099 |
| ULE | Ultra Euro | 23% | 23% | K-1 |
| YCL | Ultra Yen | 23% | 23% | K-1 |
| UDNT | 3x Short U.S. Dollar Index Futures ETN | 35% | 35% | 1099 |
| URR | Market Vectors-Double Long Euro ETN | 35% | 35% | 1099 |
Other Leveraged Currency Indexes
Other indexes tracked by ETFs in the Leveraged Currency ETFdb Category include:
- Double Long Euro Index
- Double Short Euro Index
- Euro (200%)
- Euro (-200%)
- Japanese Yen (200%)
- Japanese Yen (-200%)
- Deutsche Bank Long U.S. Dollar Index Futures Index - Excess Return (300%)
- Deutsche Bank Long U.S. Dollar Index Futures Index - Excess Return (-300%)
Mutual Funds Tracking Double Long Euro Index
ETF Database categorizes mutual funds for the Mutual Fund to ETF Converter tool. There are no mutual funds benchmarked against Double Long Euro Index.
