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Invesco CurrencyShares Australian Dollar Trust (FX...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46090N1037
CUSIP
46090N103
Issuer
Invesco
Inception Date
Jun 21, 2006
Region
Developed Asia Pacific (Australia)
Category
Currency
Leveraged
1x (No leverage)
Index Tracked
USD/AUD Exchange Rate
Distribution Policy
Distributing
Asset Class
Currency

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco CurrencyShares Australian Dollar Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Invesco CurrencyShares Australian Dollar Trust (FXA) has returned 3.69% so far this year and 11.63% over the past 12 months. Over the last ten years, FXA has returned -0.46% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Invesco CurrencyShares Australian Dollar Trust

1D
0.74%
1M
-2.97%
YTD
3.69%
6M
4.85%
1Y
11.63%
3Y*
2.39%
5Y*
-1.24%
10Y*
-0.46%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 26, 2006, FXA's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, your investment would double in approximately 28.9 years.

Historically, 54% of months were positive and 46% were negative. The best month was May 2009 with a return of +10.3%, while the worst month was Oct 2008 at -15.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FXA closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +7.8%, while the worst single day was Oct 6, 2008 at -7.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.47%2.29%-2.97%3.69%
20250.55%0.00%0.78%2.62%0.76%2.20%-2.32%1.97%1.16%-1.02%0.20%1.95%9.10%
2024-3.53%-0.84%0.36%-0.44%2.80%0.41%-1.86%3.72%2.22%-4.67%-0.82%-4.94%-7.75%
20233.75%-4.69%-0.50%-0.99%-1.55%2.48%0.93%-3.39%-0.69%-1.21%4.28%3.22%1.20%
2022-2.80%2.80%3.02%-5.61%1.49%-3.89%1.23%-2.02%-6.58%0.02%6.19%0.31%-6.46%
2021-0.95%0.72%-1.36%1.39%-0.02%-2.77%-2.12%-0.41%-1.17%4.01%-5.29%1.93%-6.17%

Benchmark Metrics

Invesco CurrencyShares Australian Dollar Trust has an annualized alpha of -1.18%, beta of 0.35, and R² of 0.30 versus S&P 500 Index. Calculated based on daily prices since June 27, 2006.

  • This ETF participated in 54.48% of S&P 500 Index downside but only 34.34% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.35 may look defensive, but with R² of 0.30 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.30 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-1.18%
Beta
0.35
0.30
Upside Capture
34.34%
Downside Capture
54.48%

Expense Ratio

FXA has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FXA ranks 65 for risk / return — better than 65% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FXA Risk / Return Rank: 6565
Overall Rank
FXA Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
FXA Sortino Ratio Rank: 6262
Sortino Ratio Rank
FXA Omega Ratio Rank: 5757
Omega Ratio Rank
FXA Calmar Ratio Rank: 7373
Calmar Ratio Rank
FXA Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Invesco CurrencyShares Australian Dollar Trust (FXA) and compare them to a chosen benchmark (S&P 500 Index).


FXABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.17

0.90

+0.28

Sortino ratio

Return per unit of downside risk

1.63

1.39

+0.24

Omega ratio

Gain probability vs. loss probability

1.22

1.21

+0.01

Calmar ratio

Return relative to maximum drawdown

1.98

1.40

+0.58

Martin ratio

Return relative to average drawdown

7.27

6.61

+0.66

Explore FXA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Invesco CurrencyShares Australian Dollar Trust provided a 1.03% dividend yield over the last twelve months, with an annual payout of $0.71 per share.


0.00%0.50%1.00%1.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.71$0.77$1.02$0.66$0.03$0.00$0.02$0.37$0.74$0.65$0.73$1.11

Dividend yield

1.03%1.16%1.66%0.98%0.05%0.00%0.03%0.53%1.04%0.83%1.01%1.52%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco CurrencyShares Australian Dollar Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.05$0.05$0.06$0.17
2025$0.08$0.08$0.07$0.07$0.07$0.07$0.06$0.06$0.06$0.05$0.05$0.05$0.77
2024$0.09$0.09$0.08$0.08$0.08$0.09$0.08$0.09$0.09$0.09$0.09$0.08$1.02
2023$0.03$0.04$0.03$0.05$0.05$0.05$0.06$0.07$0.07$0.07$0.07$0.07$0.66
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02$0.03
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco CurrencyShares Australian Dollar Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco CurrencyShares Australian Dollar Trust was 40.97%, occurring on Mar 19, 2020. The portfolio has not yet recovered.

The current Invesco CurrencyShares Australian Dollar Trust drawdown is 26.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.97%Apr 12, 20131747Mar 19, 2020
-37.28%Jul 16, 200873Oct 27, 2008266Nov 16, 2009339
-12.88%Apr 15, 201037Jun 7, 201066Sep 9, 2010103
-12.72%Jul 28, 201148Oct 4, 201186Feb 7, 2012134
-10.37%Jul 26, 200716Aug 16, 200728Sep 26, 200744

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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