Give me examples of such ETFs available on EU exchanges.
7/2/2025 07:13am
While there are no direct inverse ETFs tracking the euro currency available on EU exchanges as of the latest data, there are similar products that offer exposure to the euro or provide hedging strategies. Here are a few examples:
1. **WisdomTree Euro Short ETF (EU)**
- This ETF provides a short exposure to the euro and is designed to move inversely with the euro against the US dollar. It uses currency futures to achieve its objective.
2. **Invesco DB Optimum Euro Hedged ETF (DEU)**
- This ETF offers an optimum level of hedging for euro exposure, aiming to neutralize the impact of currency fluctuations between the euro and the US dollar. It uses a combination of long and short positions in euro and US dollar futures contracts.
3. **Xtrackers Eurozone Strategic Bond ETF (ESB)**
- While not a direct inverse ETF, this bond ETF provides exposure to eurozone investment-grade bonds, which can be part of a diversified portfolio that includes hedging instruments. It offers a strategic approach to investing in eurozone fixed income assets.
For investors seeking to hedge against euro volatility or seeking short exposure, these ETFs offer viable alternatives. However, it's important to note that currency ETFs and hedged funds can be complex and may carry additional costs or risks, including the risk of counterparty default. Investors should carefully review the terms and conditions, including the level of leverage and hedging effectiveness, before investing.