Sunday, June 3, 2018

Currency ETFs



*click on the symbol to view the fund's chart & profile on Yahoo Finance
Symbol (*)
Name
Fund Family
Currency
Total Net Assets
Euro
FXE CurrencyShares Euro Trust Rydex Euro $554,990,000
EU WisdomTree Dreyfus Euro WisdomTree Euro $10,040,214
ERO iPath EUR/USD Exchange Rate ETN iPath Euro/U.S. dollar exchange rate $8,367,600
ULE Ultra Euro ProShares ProShares 2x EUR/USD daily price change $7,896,711
EUO UltraShort Euro ProShares ProShares 2x inverse EUR/USD daily price change $167,896,711
URR Market Vectors Double Long Euro Market Vectors 2x long euro $4,723,500
DRR Market Vectors Double Short Euro Market Vectors 2x short euro N/A
US Dollar
UUP PowerShares DB US Dollar Index Bullish PowerShares US Dollar
$501,003,265
Japanese Yen
FXY CurrencyShares Japanese Yen Trust Rydex Japanese Yen $516,010,500
JYN iPath JPY/USD Exchange Rate ETN iPath Japanese Yen/U.S. dollar exchange rate $9,739,895
YCL Ultra Yen ProShares ProShares 2x JPY/USD daily price change $4,243,416
JYF WisdomTree Dreyfus Japanese Yen -- closed 12/12 WisdomTree Japanese Yen $11,707,136
Canadian Dollar
FXC CurrencyShares Canadian Dollar Trust Rydex Canadian Dollar $483,392,000
Other European Currencies
FXF CurrencyShares Swiss Franc Trust Rydex Swiss Franc $355,311,000
FXB CurrencyShares British Pound Sterling Tr Rydex British Pound $151,639,000
GBB iPath GBP/USD Exchange Rate ETN iPath British Pound $2,097,996
FXS CurrencyShares Swedish Krona Trust Rydex Swedish Krona $42,837,000
XRU CurrencyShares Russian Ruble Trust Rydex Russian Ruble $5,008,500
Currency Baskets - Carry trade
DBV PowerShares DB G10 Currency Harvest PowerShares Carry trade (curriencies vary)  (see A below) $386,191,210
ICI iPath Optimized Currency Carry ETN iPath Carry trade, G10 currencies. Replicates the Barclays Intelligent Carry Index.  (see A below) $26,965,997
Asian Currencies
CYB WisdomTree Dreyfus Chinese Yuan WisdomTree Chinese Yuan $151,893,818
CNY Market Vectors Renminbi/USD ETN Morgan Stanley Funds (UK) Chinese Renminbi $25,041,800
ICN WisdomTree Dreyfus Indian Rupee WisdomTree Indian Rupee $12,114,072
INR Market Vectors Rupee/USD ETN Morgan Stanley Funds (UK) Indian rupee /U.S. dollar exchange rate $2,781,000
AYT Barclays GEMS Asia-8 ETN Barclays Global Investors Limited Eight Asian currencies (see C below) $1,111,181
Latin American Currencies
BZF WisdomTree Dreyfus Brazilian Real WisdomTree Brazilian Real $123,984,858
FXM CurrencyShares Mexican Peso Trust Rydex Mexican Peso $40,848,500
Emerging Market Currencies
CEW WisdomTree Dreyfus Emerging Currency WisdomTree Emerging market currencies (see B below) $47,494,925
BZF WisdomTree Dreyfus Brazilian Real WisdomTree Brazilian Real $123,984,858
FXM CurrencyShares Mexican Peso Trust Rydex Mexican Peso $40,848,500
JEM Barclays GEMS Index ETN Barclays Global Investors Limited Replicates the Barclays Global Emerging Markets Strategy Index $3,257,641
Other Currencies
BNZ WisdomTree Dreyfus New Zealand Dollar WisdomTree New Zealand Dollar $15,005,522
FXA CurrencyShares Australian Dollar Trust Rydex Australian Dollar $610,029,000
PGD Barclays Asian & Gulf Currency Reval ETN Barclays Global Investors Limited Replicates the Barclays Global Emerging Markets Strategy Pegged Currency Index. (see D below) $6,489,360
SZR WisdomTree Dreyfus South African Rand -- closed 12/12 WisdomTree South African Rand $5,523,655

All symbols listed above (cut & paste to your watch list):
FXA FXE FXY UUP FXC DBV FXF CYB FXB BZF CEW FXS FXM ICI CNY BNZ ICN  EU JYN ERO ULE PGD XRU URR YCL JEM INR GBB AYT
Notes:
  • A : The G10 currency universe includes U.S. Dollar, Euro, Japanese Yen, Canadian Dollar, Swiss Franc, British Pound, Australian Dollar, New Zealand Dollar, Norwegian Krone and Swedish Krona.
  • B : The following counries' currencies are represented in this fund: Brazil, Chile, China, the Czech Republic, Hungary, India, Israel, Malaysia, Mexico, Poland, Russia, Singapore, South Africa, South Korea, Taiwan, Turkey, and Thailand.
  • C: The eight Asian currencies include the Indonesian rupiah, the Indian rupee, the Philippine peso, the South Korean won, the Thai baht, the Malaysian ringgit, the Taiwanese dollar and the Chinese yuan.
  • D : The fund provides exposure to 5 currencies: Hong Kong dollar, Singapore dollar, Saudi Arabia riyal, United Arab Emirates dirham, and Chinese yuan.
Advantages of Currency ETFs:
  1. Currency ETFs are unrelated to any stock or bond market: Currency ETFs invest exclusively in the currency itself — CASH MONEY. You NEVER own a single share of stock or any kind of bond.
  2. They shield you from failing institutions: Since you never invest in a financial institution or corporation that could default, currency ETFs insulate you from the debt crisis. The debt crisis CAN help drive some currencies HIGHER — another great OPPORTUNITY to PROFIT from the crisis.
  3. Your investment pays you interest: Since your money is in cash, it pays interest ON TOP of any profit you earn as the currency rises. In fact, with many currency ETFs, the interest yield is higher than what you can make in any money market.
  4. You can profit from moves in EVERY major currency: You can buy an ETF devoted to the U.S. dollar, the euro, the Japanese yen, the Australian and Canadian dollars and many more. Plus, because there are also INVERSE currency ETFs, you can make money when a currency is rising OR when it’s falling!
  5. Low minimum investment: Because currency ETFs are simply shares traded on the exchange, you can start with just a single share for $25 or less. So, with a couple of thousand dollars you can buy a whole range of different ETFs across several different currencies. Or you can give our strategy a try with a tiny stake.
  6. They’re cheap to own, too: With currency ETFs, you also avoid the big loads (sales charges) that some mutual funds require. When you buy and sell, you do have to pay a broker commission, of course. But if you use a discount or online broker, your commission costs can be slashed to the bone.
  7. No trading limits to slow us down: Most mutual fund families discourage frequent switching. If you jump too soon too often, they may send you a nasty-gram to restrict your trading. With ETFs, aside from the tiny commissions you pay, switching is not an issue. Plus, unlike mutual funds, ETFs are priced continually throughout the trading day: You can buy or sell whenever you want to!
  8. They’re the soul of simplicity to buy and sell: Since currency ETFs are traded on the exchange much like stocks, you can use stops-loss orders to help protect your profits or cut a loss. Plus you can buy and sell at better prices by using limits — orders to your broker that specify the minimum or maximum price you’ll accept.
  9. Currency ETFs are available with DOUBLE leverage! With these ETFs, your investment moves 20% for every 10% move in the currency.
©Artremis / last update 12-Aug-18 EAS 

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