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This ETF is designed for investors looking to bet against the performance of the euro relative to the U.S. dollar or to hedge against existing euro exposure. EUO utilizes daily leverage, meaning that its objective involves achieving amplified returns over a single trading session, and that performance over multiple sessions may not correspond to the target multiple. Given the targeted focus and use of leverage, EUO is probably not appropriate for most investors; it should never be used in a long-term portfolio, and makes sense only for those with the willingness and ability to monitor and rebalance their portfolio regularly. For those looking to make a bet against the euro zone currency, this fund can be useful, but, for most investors, it shouldn't be used at all. ULE offers a way to bet on the euro, while DRR, an ETN, offers generally similar exposure.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.5 Day Net Flows: 0 1 Month Net Flows: -5.64 M 3 Month Net Flows: -15.55 M 6 Month Net Flows: -11.84 M 1 Year Net Flows: -57.95 M 3 Year Net Flows: -180.25 M 5 Year Net Flows: -426.47 M 10 Year Net Flows: -613.92 M
The adjacent table gives investors an individual Realtime Rating for EUO 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 Leveraged 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.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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