Euro ETF

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Dictionary Says

Definition of 'Euro ETF'

An exchange-traded fund that invests in the euro currency, either directly or through the holding of euro-denominated short-term debt instruments. Euro ETFs are often set up as currency trusts or grantor trusts, meaning that stakeholders have a specific claim to a set amount of euros per share.

Investopedia Says

Investopedia explains 'Euro ETF'

The euro is one of the most liquid currencies in the world, making ETFs an attractive option for investors who wish to gain from the currency’s appreciation without entering the futures or forex markets. Euro ETFs can also be shorted, as a bet that the euro will fall compared to the dollar.

Euro ETFs do not have an underlying index to manage against; instead, they attempt to track as closely as possible the exchange rate between the euro and the U.S. dollar, minus expenses. Some of these funds are not eligible for the long-term capital gains tax rate of 15%, because a raw currency is essentially being held by the ETF shareholder. Most ETFs in this class will pay regular dividends equaling the local (euro-denominated) interest rate that is received on the short-term commercial-paper instruments or government bonds that are held in the fund.

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'Euro ETF'

  • Emerging Market Currency ETPs

    http://stocks.investopedia.com/stock-analysis/2012/Emerging-Market-Currency-ETPs-UUP-FXE-BZF-CEW0223.aspx
    ... the region are not resolved quickly. The CurrencyShares euro ETF
    (ARCA:FXE) is down 12% from its multi-year high set in May 2011. ...

  • Diversify With Currency ETFs

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    ... The Rydex CurrencyShares Euro ETF (NYSE:FXE) tracks the euro versus the US dollar
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  • Currency ETFs Beyond The Usual Suspects

    http://stocks.investopedia.com/stock-analysis/2010/Currency-ETFs-Beyond-The-Usual-Suspects-BZF-CEW-FXY-JYF-EEM0302.aspx
    ... In fact, in the past month BZF has sharply outperformed the comparable long Euro
    ETF (no surprise there) and has nearly been on pace with most popular long US ...

  • Currency ETFs Simplify Forex Trades

    http://www.investopedia.com/articles/forex/07/currency-ETFs.asp
    ... Have an IRA? Sprinkle some euros in there by holding the CurrencyShares Euro ETF
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  • American Options Investors: Should You Go Euro?

    http://www.investopedia.com/articles/optioninvestor/08/american-european-options.asp
    American Options Investors: Should You Go Euro? ... American: The settlement price for
    the underlying asset (stock, ETF or index) with American-style options is ...

  • Overall The Euro Zone Looks Interesting

    http://stocks.investopedia.com/stock-analysis/2009/Overall-The-Euro-Zone-Looks-Interesting-FEZ-EZU-EWP-VGK-EWO-EWI-EWD1221.aspx
    ... Investors wanting to own just the 16-member nations of the Euro zone can turn to
    the iShares MSCI EMU Index (NYSE: EZU). The ETF follows 273 companies located ...

  • Your Ticket To Ride The Falling US Dollar

    http://stocks.investopedia.com/stock-analysis/2008/Your_Ticket_To_Ride_The_Falling_U.S._Dollar.aspx
    ... has been the euro. My favorite way to play a strong euro is through the
    Rydex CurrencyShares Euro Trust ETF (PSE:FXE). In 2007 FXE ...

  • The Evolution Of ETFs

    http://www.investopedia.com/articles/exchangetradedfunds/10/evolution-of-etfs.asp
    ... On the other hand, you can purchase a gold or euro ETF and know that is going to
    trade like a stock; this position can be bought and sold at any time without ...

  • ETF Of The Day: Playing Europe’s Rebound

    http://stocks.investopedia.com/stock-analysis/2012/ETF-Of-The-Day-Playing-Europes-Rebound-VGK-BP-TOT-NSRGY0214.aspx
    ... Nearly every Euro Zone member has a US-listed ETF devoted to it, but investors looking
    for a broader, more liquid approach might do well to take a look at the ...

  • Safe Havens In Foreign Currency ETFs

    http://stocks.investopedia.com/stock-analysis/2011/Considering-Foreign-Currency-ETFs-FXY-FXE-FXF-CEW-BZF0713.aspx
    ... of the Eurozone. By this week, the Rydex CurrencyShares Euro Trust ETF
    (NYSE:FXE) was trading at a fresh 4-month low. As the fear ...

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