Milan - Delayed Quote EUR

ETFS 3x Short CAD Long EUR (CAE3.MI)

25.95 +0.50 (+1.94%)
At close: September 16 at 12:18:54 PM GMT+2

ETF Summary

ETFS 3x Short CAD Long EUR (CAE3) is designed to provide investors with a 'leveraged short' exposure to Canadian Dollar ("CAD") relative to Euro ("EUR") by tracking the MSFX Triple Short Canadian Dollar/Euro Index (TR) (the "Index"), which aims to reflect three times the performance of a position in forward contracts which are rolled on a daily basis. CAE3 is an exchange traded currency ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC obtains exposure to the Index by entering into unfunded swaps with a counterparty. There is no upfront cash payment by the Issuer to the counterparty when an unfunded swap is created. However, daily cash payments are made between the Issuer and the counterparty to reflect the movements in the value of the Index.

Risk Overview

Performance & Risk

YTD Return -25.84%
5y Average Return -9.34%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.00
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
CAE3.MICategory AverageCAE3.MICategory AverageCAE3.MICategory Average
Alpha 0 -- 0 -- -- --
BETA 0 -- 0 -- -- --
Mean Annual Return -0.8 -- -0.63 -- -- --
R-squared 0 -- 0 -- -- --
Standard Deviation 18.55 -- 21.59 -- -- --
Sharpe Ratio -0.5 -- -0.34 -- -- --
Treynor Ratio 0 -- 0 -- -- --

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