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Invesco CurrencyShares® Euro Currency Trust (FXE)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS46138K1034
CUSIP46138K103
IssuerInvesco
Inception DateDec 9, 2005
RegionDeveloped Europe (Broad)
CategoryCurrency
Index TrackedEuro
Home Pagewww.invesco.com
Asset ClassCurrency

Expense Ratio

FXE has a high expense ratio of 0.40%, indicating higher-than-average management fees.


Expense ratio chart for FXE: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Invesco CurrencyShares® Euro Currency Trust

Popular comparisons: FXE vs. VOO, FXE vs. SPY, FXE vs. VGK, FXE vs. IEF, FXE vs. QQQ, FXE vs. XLK, FXE vs. FXY

Performance

Performance Chart

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


0.00%100.00%200.00%300.00%December2024FebruaryMarchAprilMay
-5.70%
320.87%
FXE (Invesco CurrencyShares® Euro Currency Trust)
Benchmark (^GSPC)

S&P 500

Returns By Period

Invesco CurrencyShares® Euro Currency Trust had a return of -0.78% year-to-date (YTD) and 3.48% in the last 12 months. Over the past 10 years, Invesco CurrencyShares® Euro Currency Trust had an annualized return of -2.66%, while the S&P 500 had an annualized return of 10.76%, indicating that Invesco CurrencyShares® Euro Currency Trust did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-0.78%11.21%
1 month1.59%4.60%
6 months0.36%16.35%
1 year3.48%27.79%
5 years (annualized)-0.76%13.43%
10 years (annualized)-2.66%10.76%

Monthly Returns

The table below presents the monthly returns of FXE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.92%0.18%0.04%-0.88%-0.78%
20231.58%-2.64%2.68%1.72%-2.93%2.26%0.92%-1.18%-2.37%0.29%3.08%1.61%4.87%
2022-1.30%-0.32%-1.41%-4.72%1.64%-2.46%-2.55%-1.76%-2.52%0.88%5.24%2.91%-6.57%
2021-0.76%-0.64%-2.89%2.47%1.31%-2.84%-0.03%-0.54%-2.01%-0.31%-1.99%0.25%-7.83%
2020-1.19%-0.51%-0.19%-0.73%1.20%1.15%4.78%1.22%-1.82%-0.75%2.36%2.33%7.94%
2019-0.16%-0.69%-1.42%-0.12%-0.42%1.72%-2.77%-0.73%-0.90%2.23%-1.28%1.71%-2.90%
20183.43%-1.81%0.78%-1.94%-3.27%-0.16%0.04%-0.79%-0.04%-2.47%-0.13%1.12%-5.30%
20172.49%-1.94%0.61%2.04%3.08%1.57%3.59%0.51%-0.81%-1.51%2.09%0.77%13.06%
2016-0.40%0.38%4.52%0.59%-2.91%-0.39%0.73%-0.28%0.64%-2.38%-3.53%-0.70%-3.89%
2015-6.65%-0.99%-4.00%4.41%-2.23%1.44%-1.53%2.10%-0.43%-1.66%-3.96%2.81%-10.69%
2014-1.99%2.30%-0.23%0.67%-1.77%0.45%-2.24%-1.93%-3.91%-0.80%-0.83%-2.71%-12.39%
20132.87%-3.88%-1.85%2.71%-1.34%0.12%2.18%-0.68%2.30%0.33%0.03%1.24%3.84%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FXE is 19, indicating that it is in the bottom 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FXE is 1919
FXE (Invesco CurrencyShares® Euro Currency Trust)
The Sharpe Ratio Rank of FXE is 2222Sharpe Ratio Rank
The Sortino Ratio Rank of FXE is 2121Sortino Ratio Rank
The Omega Ratio Rank of FXE is 2020Omega Ratio Rank
The Calmar Ratio Rank of FXE is 1414Calmar Ratio Rank
The Martin Ratio Rank of FXE is 1919Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco CurrencyShares® Euro Currency Trust (FXE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FXE
Sharpe ratio
The chart of Sharpe ratio for FXE, currently valued at 0.49, compared to the broader market0.002.004.006.000.49
Sortino ratio
The chart of Sortino ratio for FXE, currently valued at 0.76, compared to the broader market0.005.0010.000.76
Omega ratio
The chart of Omega ratio for FXE, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.003.501.09
Calmar ratio
The chart of Calmar ratio for FXE, currently valued at 0.08, compared to the broader market0.005.0010.0015.000.08
Martin ratio
The chart of Martin ratio for FXE, currently valued at 1.06, compared to the broader market0.0020.0040.0060.0080.00100.001.06
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.52, compared to the broader market0.002.004.006.002.52
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.44, compared to the broader market0.501.001.502.002.503.003.501.44
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.04, compared to the broader market0.005.0010.0015.002.04
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.59, compared to the broader market0.0020.0040.0060.0080.00100.009.59

Sharpe Ratio

The current Invesco CurrencyShares® Euro Currency Trust Sharpe ratio is 0.49. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco CurrencyShares® Euro Currency Trust with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.49
2.52
FXE (Invesco CurrencyShares® Euro Currency Trust)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco CurrencyShares® Euro Currency Trust granted a 2.13% dividend yield in the last twelve months. The annual payout for that period amounted to $2.14 per share.


PeriodTTM20232022
Dividend$2.14$1.52$0.01

Dividend yield

2.13%1.49%0.01%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.20$0.20$0.19$0.20$0.19$0.97
2023$0.02$0.05$0.07$0.10$0.12$0.13$0.14$0.16$0.18$0.17$0.19$0.19$1.52
2022$0.01$0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-34.23%
-0.31%
FXE (Invesco CurrencyShares® Euro Currency Trust)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco CurrencyShares® Euro Currency 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® Euro Currency Trust was 43.33%, occurring on Sep 27, 2022. The portfolio has not yet recovered.

The current Invesco CurrencyShares® Euro Currency Trust drawdown is 34.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-43.33%Jul 14, 20083578Sep 27, 2022
-3.6%Nov 27, 200718Dec 20, 200715Jan 14, 200833
-3.54%Jan 24, 200624Feb 27, 200626Apr 4, 200650
-3.49%Apr 23, 200812May 8, 200838Jul 2, 200850
-3.04%Jun 5, 200615Jun 23, 200629Aug 4, 200644

Volatility

Volatility Chart

The current Invesco CurrencyShares® Euro Currency Trust volatility is 1.23%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%December2024FebruaryMarchAprilMay
1.23%
3.10%
FXE (Invesco CurrencyShares® Euro Currency Trust)
Benchmark (^GSPC)