The Index is intended to be an investable alternative to a two-times leveraged long investment in the value of the euro relative to the U.S. dollar.
As the Index is two-times leveraged, for every 1% strengthening of the euro relative to the U.S. dollar, the level of the Index will generally increase by 2%, while for every 1% weakening of the euro relative to the U.S. dollar, the Index will generally decrease by 2%.