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Invesco CurrencyShares® British Pound Sterling Tru...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46138M1099
CUSIP
46138M109
Issuer
Invesco
Inception Date
Jun 26, 2006
Region
Developed Europe (United Kingdom)
Category
Currency
Leveraged
1x (No leverage)
Index Tracked
British Pound
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® British Pound Sterling 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® British Pound Sterling Trust (FXB) has returned -1.34% so far this year and 4.79% over the past 12 months. Over the last ten years, FXB has returned 0.03% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Invesco CurrencyShares® British Pound Sterling Trust

1D
0.37%
1M
-1.66%
YTD
-1.34%
6M
-0.54%
1Y
4.79%
3Y*
5.27%
5Y*
0.89%
10Y*
0.03%

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, FXB's average daily return is 0.00%, while the average monthly return is -0.04%.

Historically, 51% of months were positive and 49% were negative. The best month was May 2009 with a return of +9.3%, while the worst month was Oct 2008 at -9.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.

On a daily basis, FXB closed higher 50% of trading days. The best single day was Nov 10, 2022 with a return of +3.2%, while the worst single day was Jun 24, 2016 at -8.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.64%-1.30%-1.66%-1.34%
2025-0.74%1.71%2.93%3.41%1.28%2.11%-3.63%2.53%-0.28%-2.13%0.92%2.06%10.37%
2024-0.30%-0.15%0.26%-0.70%2.23%-0.55%2.04%2.40%2.08%-3.36%-1.10%-1.33%1.35%
20232.19%-2.17%2.74%2.07%-0.85%2.36%1.38%-1.02%-3.45%-0.13%4.04%1.37%8.58%
2022-0.61%-0.15%-2.17%-4.26%0.11%-3.47%0.09%-4.58%-3.85%2.86%5.25%0.26%-10.45%
20210.14%1.68%-1.11%0.20%2.70%-2.53%0.42%-1.13%-2.02%1.52%-2.87%1.64%-1.54%

Benchmark Metrics

Invesco CurrencyShares® British Pound Sterling Trust has an annualized alpha of -1.79%, beta of 0.14, and R² of 0.09 versus S&P 500 Index. Calculated based on daily prices since June 27, 2006.

  • This ETF participated in 37.29% of S&P 500 Index downside but only 15.37% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.14 may look defensive, but with R² of 0.09 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 0.09 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
-1.79%
Beta
0.14
0.09
Upside Capture
15.37%
Downside Capture
37.29%

Expense Ratio

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


Return for Risk

Risk / Return Rank

FXB ranks 32 for risk / return — below 32% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FXB Risk / Return Rank: 3232
Overall Rank
FXB Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
FXB Sortino Ratio Rank: 3333
Sortino Ratio Rank
FXB Omega Ratio Rank: 2727
Omega Ratio Rank
FXB Calmar Ratio Rank: 3838
Calmar Ratio Rank
FXB Martin Ratio Rank: 2727
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® British Pound Sterling Trust (FXB) and compare them to a chosen benchmark (S&P 500 Index).


FXBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.67

0.90

-0.23

Sortino ratio

Return per unit of downside risk

1.01

1.39

-0.38

Omega ratio

Gain probability vs. loss probability

1.12

1.21

-0.09

Calmar ratio

Return relative to maximum drawdown

1.02

1.40

-0.38

Martin ratio

Return relative to average drawdown

2.31

6.61

-4.30

Explore FXB 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® British Pound Sterling Trust provided a 2.36% dividend yield over the last twelve months, with an annual payout of $3.01 per share.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%$0.00$1.00$2.00$3.00$4.002022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$3.01$3.17$3.91$3.19$0.34

Dividend yield

2.36%2.44%3.25%2.59%0.29%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.24$0.23$0.20$0.67
2025$0.29$0.29$0.25$0.28$0.28$0.28$0.27$0.26$0.25$0.24$0.24$0.24$3.17
2024$0.34$0.34$0.31$0.34$0.32$0.34$0.33$0.34$0.33$0.32$0.32$0.29$3.91
2023$0.16$0.19$0.20$0.24$0.25$0.26$0.28$0.31$0.33$0.31$0.32$0.32$3.19
2022$0.04$0.06$0.09$0.15$0.34

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® British Pound Sterling 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® British Pound Sterling Trust was 48.99%, occurring on Sep 26, 2022. The portfolio has not yet recovered.

The current Invesco CurrencyShares® British Pound Sterling Trust drawdown is 30.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.99%Nov 9, 20073745Sep 26, 2022
-3.54%Jul 25, 200717Aug 16, 200730Sep 28, 200747
-2.49%Jan 24, 200728Mar 5, 200712Mar 21, 200740
-2.36%Sep 22, 200613Oct 10, 200613Oct 27, 200626
-2.11%Dec 4, 200622Jan 5, 20077Jan 17, 200729

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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