Expensive Euro Could be Ready for a Fall

EUO, which had almost $424 million in assets under management at the end of last year, is the double-leveraged brethren of EUFX. DRR tracks the Double Short Euro Index. The ETN charges 0.65% per year and had $34.6 million in assets as of April 23, according to Market Vectors data.

Euro Chart

Chart Courtesy: Kimble Chart Solutions