iPath EUR/USD Exchange Rate ETN (ERO)
- Currency | European Region Funds
The iPath® EUR/USD Exchange Rate ETN is designed to provide investors with exposure to the euro/U.S. dollar exchange rate (the "EUR/USD exchange rate" or the "Index"). 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 (and the value of the ETNs) increases; when the euro depreciates relative to the U.S. dollar, the EUR/USD exchange rate (and the value of the ETNs) decreases.
Fund Snapshot Updated 12.17.2013
|Previous Close||$53.11||Expense Ratio||0.40%|
|YTD Return||5.1%||Avg. 30-Day Volume||967|
|1-Year Return||3.8%||Market Cap||Loading...|