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IPATH JPY-USD EXCHANGE RATE ETN: (AMEX : JYN)

(U.S : AMEX) As of Apr 17, 2014 01:43 PM ET

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$56.43 USD

-0.43 (-0.76%)

Volume: 100

Zacks ETF Rank: 4 - Sell [?]       4  

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 56.86
Open 56.43
Bid 55.90
Ask 56.46
Day Low-High 56.43-56.43
52wk Low-High 54.58-62.99
Volume 100
NAV (month end) 55.88
Premium (+)/Discount (-) (month end)+0.98

Zacks Premium Research for JYN

Zacks ETF Rank [?] Sell 4
ETF Risk [?] High

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 JYN

JAPANESE YEN-US DOLLAR EXCHANGE RATE

This index tracks the foreign exchange spot rate that measures the relative values of two currencies, the Japanese yen and the U.S. dollar. The yen is the national currency of Japan & the currency of the accounts of the Bank of Japan, and is the third-most-traded currency in the world. This index also includes the collateralized investment from U.S. T-Bill securities.

Fund Summary for JYN

IPATH JPY-USD EXCHANGE RATE ETN

The U.S. dollar/Japanese yen exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the Japanese yen and the U.S. dollar. When the Japanese yen appreciates relative to the U.S. dollar, the U.S. dollar/Japanese yen exchange rate decreases, the JPY/USD exchange rate increases and the value of the Securities increases & vice versa.