ETF Quote Details
|NAV (month end)||134.64|
|Premium (+)/Discount (-) (month end)||+0.52|
Zacks Premium Research for FXE
|Zacks ETF Rank [?]||Strong Sell 5|
|ETF Risk [?]||NA|
|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:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
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.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.
The Trust issues Euro Shares that represent units of fractional undivided beneficial interest in, and ownership of, the Trust. The investment objective of the Trust is for the Shares to reflect the price in USD of the Euro. The Shares are intended to provide investors with a simple, cost-effective means of gaining investment benefits similar to those of holding Euros.