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IPATH EUR/USD EXCHANGE RATE ETN: (ERO)

(Delayed quote from AMEX) As of Sep 30, 2014 09:29 AM ET

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$48.38 USD

-0.39 (-0.80%)

Volume: 410

Zacks ETF Rank: 5 - Strong Sell [?]         5

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 48.77
Open 48.38
Bid 48.04
Ask 48.50
Day Low-High 48.38-48.38
52wk Low-High 48.38-53.61
Volume 410
NAV (month end) 50.41
Premium (+)/Discount (-) (month end)-1.64

Zacks Premium Research for ERO

Zacks ETF Rank [?] Strong Sell 5
ETF Risk [?] High
ETF Research Report

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.40%
Dividend (Yield) $0.00 (0.00%)
Issuer BARCLAYS BANK

Benchmark for ERO

EURO/US DOLLAR EXCHANGE RATE

This index is a foreign exchange spot rate that measures the relative values of two currencies, the euro and the U.S. dollar.The euro is the currency of 17 European Union countries. Euro banknotes and coins are a part of daily life for more than 327 million people living in the euro area. This benchmark also includes the return from a collateralized investment in U.S. T-bills.

Fund Summary for ERO

IPATH EUR/USD EXCHANGE RATE ETN

The EUR/USD exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the euro and the U.S. dollar. When the euro appreciates relative to the U.S. dollar, the EUR/USD exchange rate increases & vice versa.