FXEInvesco CurrencyShares Euro Trust

Diversifier20y track recordRanked #12 of 266 in this goal

Seeks for the Shares to reflect the price in USD of the euro.

By Invesco · Launched 2005

Annual Cost

0.40%

#2,016 of 5,854 · average

Fund Size

$374M

#1,823 of 5,854 · large

Return (1Y)Goal

+1.7%

Track Record

20 years

#256 of 5,854 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,254+2.5%

Total-return NAV, USD. Net of fund fees, before tax.

How Beacon categorizes this fund

Asset class

By weight

Cash

100.0%

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.9%Low

Year-on-year price swings

Max drawdown

-26.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.09Below average

Sortino (3Y)

-0.13Moderate downside risk

Objective: Seeks for the Shares to reflect the price in USD of the euro.
Strategy: Passively holds euro on deposit and issues Shares representing fractional undivided beneficial interest in the Trust, so the Shares track the USD price of the euro plus accumulated interest, less Trust expenses. Creates and redeems Shares in Baskets of 50,000 with Authorized Participants depositing or receiving euro; Shares list and trade on NYSE Arca. Earning income is not the objective.
Inception date: December 9, 2005
Fund family: Invesco