ETF Chart of the Day: Euro Bears

One would think that at least one contrarian or two looking to bottom fish the currency may give the fund a look at some point as a potential trade. Market Vectors is also an entrant to this space, with the somewhat recognizable DRR (Market Vectors Double Short Euro ETN, Expense Ratio 0.65%) which has about $36 million in AUM, and the much smaller URR (Market Vectors Double Short Euro ETN, Expense Ratio 0.65%) which by comparison actually has less than $1 million in AUM. ERO (iPath EUR/USD Exchange Rate ETN, Expense Ratio 0.40%) is also an offering in the space, with this fund having about $3 million invested currently.

CurrencyShares Euro Currency Trust

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