CurrencyShares Euro TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$108.14
- Net Assets:$217.9 Million
- Peer Rank:176 of 318
- Investment Rating:D+
We rate Guggenheim Euro at D+. Negative factors that influence this rating include a well below average total return. The fund may be considered for investors seeking a Non-US Equity strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The Guggenheim Euro has returned an annual rate of -0.68% since inception. More recently, the fund has generated a total return of -5.21% in the last five years, -5.11% in the last three years, and -0.19% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 18% of them. It has also outpaced 16% of its competitors on a three year basis and 49% of them over the last year for the period ending 6/30/2016. On a year to date basis, FXE has returned 2.07%.
Downside risk has been below average. FXE has a draw down risk of -24.43%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 8.3%. This fund has had very little volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $108.14, which is 2.9% below its 52-week high of $111.34 and 1.0% above its 52-week low of $107.03.
Low expense ratio helps performance. As FXE is an exchange traded fund, it has no front end or back end load.
The Guggenheim Euro is managed by a team at Guggenheim Investments. This fund is one of 29 Guggenheim Investments exchange-traded funds launched since 4/24/2003 that we track.