Invesco CurrencyShares® Canadian Dollar Trust (FXC) 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 FXC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FXC
FXC charges 0.40% annually. No ETFs in the Currency category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco CurrencyShares® Japanese Yen Trust | 0.40% | 426.38M | Feb 2007 | FXC vs FXY | |
| Invesco CurrencyShares Australian Dollar Trust | 0.40% | 97.45M | Jun 2006 | FXC vs FXA | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 0.40% | 64.75M | Jun 2006 | FXC vs FXB | |
| Invesco CurrencyShares® Euro Currency Trust | 0.40% | 345.27M | Dec 2005 | FXC vs FXE | |
| Invesco CurrencyShares® Swiss Franc Trust | 0.40% | 397.69M | Jun 2006 | FXC vs FXF |
Best Risk-Adjusted Alternatives to FXC
FXC has a PortfoliosLab risk / return rank of 7. There are 8 ETFs in the Currency category with higher risk-adjusted ranks, going as high as 70.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Emerging Currency Strategy Fund | 70 | 15.59M | May 2009 | FXC vs CEW | |
| Invesco CurrencyShares Australian Dollar Trust | 55 | 97.45M | Jun 2006 | FXC vs FXA | |
| Invesco DB US Dollar Index Bullish Fund | 32 | 432.14M | Feb 2007 | FXC vs UUP | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 27 | 463.82M | Dec 2013 | FXC vs USDU | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 27 | 64.75M | Jun 2006 | FXC vs FXB |
Top Performing FXC Alternatives (YTD)
FXC is at -1.96% YTD. There are 8 ETFs in the Currency category with higher YTD returns, going as high as 6.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco CurrencyShares Australian Dollar Trust | 6.14% | 97.45M | Jun 2006 | FXC vs FXA | |
| Invesco DB US Dollar Index Bullish Fund | 4.22% | 432.14M | Feb 2007 | FXC vs UUP | |
| WisdomTree Emerging Currency Strategy Fund | 4.20% | 15.59M | May 2009 | FXC vs CEW | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 2.67% | 463.82M | Dec 2013 | FXC vs USDU | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 1.15% | 64.75M | Jun 2006 | FXC vs FXB |
Lowest Volatility Alternatives to FXC
FXC has 4.31% 1-year volatility. No ETFs in the Currency category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 5.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 5.53% | 463.82M | Dec 2013 | FXC vs USDU | |
| Invesco DB US Dollar Index Bullish Fund | 5.88% | 432.14M | Feb 2007 | FXC vs UUP | |
| Invesco DB US Dollar Index Bearish Fund | 5.89% | 108.72M | Feb 2007 | FXC vs UDN | |
| Invesco CurrencyShares® Euro Currency Trust | 5.93% | 345.27M | Dec 2005 | FXC vs FXE | |
| WisdomTree Emerging Currency Strategy Fund | 6.40% | 15.59M | May 2009 | FXC vs CEW |
Lowest Drawdown Alternatives to FXC
FXC has a 1-year max drawdown of -5.14%. There are 6 ETFs in the Currency category with shallower 1-year drawdowns, going as shallow as -3.64%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | -3.64% | 463.82M | Dec 2013 | FXC vs USDU | |
| Invesco DB US Dollar Index Bullish Fund | -3.65% | 432.14M | Feb 2007 | FXC vs UUP | |
| WisdomTree Emerging Currency Strategy Fund | -3.85% | 15.59M | May 2009 | FXC vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | -4.35% | 64.75M | Jun 2006 | FXC vs FXB | |
| Invesco CurrencyShares Australian Dollar Trust | -4.82% | 97.45M | Jun 2006 | FXC vs FXA |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | FXC vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | FXC vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | FXC vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | FXC vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | FXC vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | FXC vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | FXC vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | FXC vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | FXC vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | FXC vs IDMO |
Often Compared With FXC
Investors most often compare FXC with USO, TLT, XLK. These 20 comparison targets span 26 categories, based on PortfoliosLab usage data.
Compare FXC with Any Fund or Stock
Compare FXC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FXC with funds that move differently
Invesco CurrencyShares® Canadian Dollar Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FXC.
Explore FXC Diversifiers