Skjellifetti

Rising Interest in Currency Funds

What are the correlations between DBV and the S&P, MSCI, bond indexes, etc?


On May 28 04:09 PM RiskReturnOptimizer wrote:

> I'm long DBV as a core holding in my long term portfolio. Studying
> the long term performance (going back to before the DBV ETF was available)
> of the underlying index, you can see that the G10 Carry Trade has
> averaged 10% annual return, with much less volatility than US market
> (seekingalpha.com/symbo...). For a long term diversification
> perspective, DBV is a great, low cost vehicle.
>
> From fundamental perspective, DBV plays on the growing China and
> emerging markets, as the key long position is Aussie $ and New Zealand
> Kiwi, both commodity producers; and the key short position is Japan
> Yen. If there is any global growth, DBV will have good upside.
> If there is NO global growth, DBV will suffer, but much less than
> US equities.