Citigroup ETNs linked to the VelocityShares Daily 4X Long USD vs. CHF Index (DCHF)
Citigroup ETNs linked to the VelocityShares Daily 4X Long USD vs. CHF Index operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in US. The stock last traded at $20.85, down 0.76% on the session, giving a market capitalisation of $715,170. Its beta of 0.00 implies it has historically moved less than the broad market.
This investment aims to mirror the daily returns of the VelocityShares Daily 4X Long USD vs. CHF Index. The benchmark index is structured to provide four times the daily leveraged exposure, rebalancing positions each day, to movements in the spot exchange rate between the U.S. dollar and the Swiss franc. It establishes a bullish stance on the U.S. dollar when compared to the Swiss franc. Furthermore, this instrument is categorized as non-diversified.
Citigroup ETNs linked to the VelocityShares Daily 4X Long USD vs. CHF Index is most often compared with the following Financial Services names: