Market Vectors Double Long Euro ETN (URR) Research
This investment is designed to closely mirror the performance of the Double Long Euro Index, after all operating expenses are factored in. A key characteristic is its two-times leverage, which means the index's value typically responds with double the magnitude to changes in the Euro's exchange rate against the U.S. dollar. Consequently, a 1% appreciation of the Euro generally translates to a 2% increase in the index, while a 1% depreciation typically leads to a corresponding 2% decrease.
Market snapshot
- Symbol
- URR
- Price
- $14.01
- Day change
- -8.87%
- Market cap
- $438.1K
- 52-week range
- 11.6-20.1911
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
Open Market Vectors Double Long Euro ETN (URR) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.