Invesco CurrencyShares Australian Dollar Trust (FXA) Alternatives
Invesco CurrencyShares Australian Dollar Trust (FXA) belongs to the Currency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FXA. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FXA
FXA charges 0.40% annually. Among ETFs in the Currency category, these options have the lowest expense ratios among FXA alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Invesco CurrencyShares® Euro Currency Trust | 0.40% | Dec 9, 2005 | FXA vs FXE | |
| Invesco CurrencyShares® Japanese Yen Trust | 0.40% | Feb 12, 2007 | FXA vs FXY | |
| Invesco CurrencyShares® Canadian Dollar Trust | 0.40% | Jun 26, 2006 | FXA vs FXC | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 0.40% | Jun 26, 2006 | FXA vs FXB | |
| Invesco CurrencyShares® Swiss Franc Trust | 0.40% | Jun 26, 2006 | FXA vs FXF |
Best Risk-Adjusted Alternatives to FXA
Among ETFs in the Currency category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| WisdomTree Emerging Currency Strategy Fund | 84 | May 6, 2009 | FXA vs CEW | |
| Invesco CurrencyShares® Swiss Franc Trust | 63 | Jun 26, 2006 | FXA vs FXF | |
| Invesco CurrencyShares® Euro Currency Trust | 57 | Dec 9, 2005 | FXA vs FXE | |
| Invesco DB US Dollar Index Bearish Fund | 42 | Feb 20, 2007 | FXA vs UDN | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 34 | Jun 26, 2006 | FXA vs FXB |
Top Performing FXA Alternatives (YTD)
FXA alternatives from the Currency category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | 2.77% | Feb 20, 2007 | FXA vs UUP | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 2.05% | Dec 18, 2013 | FXA vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 0.41% | May 6, 2009 | FXA vs CEW | |
| Invesco CurrencyShares® Swiss Franc Trust | -1.07% | Jun 26, 2006 | FXA vs FXF | |
| Invesco CurrencyShares® Canadian Dollar Trust | -1.29% | Jun 26, 2006 | FXA vs FXC |
Lowest Volatility Alternatives to FXA
FXA alternatives from the Currency category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco CurrencyShares® Canadian Dollar Trust | 5.47% | Jun 26, 2006 | FXA vs FXC | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 6.86% | Dec 18, 2013 | FXA vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 6.93% | May 6, 2009 | FXA vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 7.20% | Jun 26, 2006 | FXA vs FXB | |
| Invesco DB US Dollar Index Bullish Fund | 7.41% | Feb 20, 2007 | FXA vs UUP |
Lowest Drawdown Alternatives to FXA
FXA alternatives from the Currency category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco CurrencyShares® Canadian Dollar Trust | -3.78% | Jun 26, 2006 | FXA vs FXC | |
| WisdomTree Emerging Currency Strategy Fund | -3.85% | May 6, 2009 | FXA vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | -4.53% | Jun 26, 2006 | FXA vs FXB | |
| Invesco DB US Dollar Index Bearish Fund | -4.54% | Feb 20, 2007 | FXA vs UDN | |
| Invesco CurrencyShares® Swiss Franc Trust | -4.82% | Jun 26, 2006 | FXA vs FXF |
Other ETFs from Invesco
Most popular Invesco ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Large Cap Growth Equities | 69 | -5.93% | Mar 10, 1999 | FXA vs QQQ | |
| Invesco S&P 500 Momentum ETF | S&P 500 | 66 | -5.78% | Oct 9, 2015 | FXA vs SPMO | |
| Invesco NASDAQ 100 ETF | Large Cap Growth Equities | 70 | -5.92% | Oct 13, 2020 | FXA vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 47 | 0.62% | Apr 24, 2003 | FXA vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 63 | -7.82% | May 4, 2005 | FXA vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Value Equities | 58 | 0.57% | Dec 6, 2005 | FXA vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 20 | 4.64% | Oct 18, 2012 | FXA vs SPHD | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 7.17% | Jun 11, 2021 | FXA vs SOXQ | |
| Invesco Aerospace & Defense ETF | Industrials Equities, Aerospace & Defense | 92 | 5.82% | Oct 26, 2005 | FXA vs PPA | |
| Invesco S&P MidCap Momentum ETF | Mid Cap Growth Equities | 80 | 4.93% | Mar 3, 2005 | FXA vs XMMO |
Often Compared With FXA
What investors most often compare with FXA, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | FXA vs FXAIX | |
| Gold | 93 | 8.65% | — | FXA vs GC=F | ||
| iShares 25+ Year Treasury STRIPS Bond ETF | Government Bonds | 7 | -0.07% | Sep 22, 2020 | FXA vs GOVZ | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 28 | -13.03% | — | FXA vs FSPGX | |
| Fidelity NASDAQ Composite Index Fund | Large Cap Growth Equities | 53 | -10.43% | — | FXA vs FNCMX | |
| SPDR Portfolio S&P 500 High Dividend ETF | S&P 500, Dividend | 30 | 6.32% | Oct 21, 2015 | FXA vs SPYD | |
| State Street Health Care Select Sector SPDR ETF | Health & Biotech Equities | 16 | -4.90% | Dec 16, 1998 | FXA vs XLV | |
| Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 87 | 2.75% | Jul 20, 2007 | FXA vs VEA | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 69 | -7.57% | Dec 16, 1998 | FXA vs XLK | |
| BHP Group | 86 | 22.86% | — | FXA vs BHP | ||
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | FXA vs SPY |
Compare FXA with Any Fund or Stock
Compare FXA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.