This ETF is designed for investors looking to bet on a strong performance of the euro relative to the U.S. dollar or to hedge against existing dollar exposure. ULE 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, ULE 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 on the euro zone currency, this fund can be useful; for most investors, it shouldn’t be used at all. EUO offers a way to bet against the euro, while URR, an ETN, offers generally similar exposure.
This section compares how balanced and deep this ETF is relative to its peers.
| ULE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1 | 1 | 1 |
| % of Assets in Top 10 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 15 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 50 | 100.00% | 100.00% | 100.00% |
| ULE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| ULE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | N/A | N/A |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | N/A | N/A |
| Annual Dividend Yield | N/A | N/A | N/A |
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 4.27 K 6 Month Net Flows: -22.91 K 1 Year Net Flows: -1.5 M 3 Year Net Flows: -3.41 M 5 Year Net Flows: -5.74 M 10 Year Net Flows: -1.93 MThe adjacent table gives investors an individual Realtime Rating for ULE 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 compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 27.84% |
| Max LT Capital Gains Rate | 27.84% |
| Tax On Distributions | No distributions |
| Distributes K1 | Yes |
ULE does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers.
| ULE |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -0.32% | -0.47% | -0.32% |
| 3 Month Return | -3.68% | 1.20% | -3.68% |
| YTD Return | -9.44% | 1.53% | -9.44% |
| 1 Year Return | -0.88% | -2.86% | -0.88% |
| 3 Year Return | -10.99% | -3.84% | -10.99% |
| 5 Year Return | -11.10% | -3.30% | -11.10% |
The following charts reflect the geographic spread of ULE's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
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.
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with...
Here is a look at the 25 best and 25 worst ETFs from the past trading week. Traders can use this...
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to...
ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.
Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.
ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
With the 10-year U.S. Treasury yield hovering below 1% and Federal Reserve Chairman Jerome Powell...
Investors could be forgiven to think there was no reason to invest outside of the U.S. for the...
