Invesco CurrencyShares® Japanese Yen Trust (FXY) Alternatives
Invesco CurrencyShares® Japanese Yen Trust (FXY) 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 FXY. 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 FXY
FXY charges 0.40% annually. Among ETFs in the Currency category, these options have the lowest expense ratios among FXY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Invesco CurrencyShares® Euro Currency Trust | 0.40% | Dec 9, 2005 | FXY vs FXE | |
| Invesco CurrencyShares® Canadian Dollar Trust | 0.40% | Jun 26, 2006 | FXY vs FXC | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 0.40% | Jun 26, 2006 | FXY vs FXB | |
| Invesco CurrencyShares Australian Dollar Trust | 0.40% | Jun 21, 2006 | FXY vs FXA | |
| Invesco CurrencyShares® Swiss Franc Trust | 0.40% | Jun 26, 2006 | FXY vs FXF |
Best Risk-Adjusted Alternatives to FXY
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 | FXY vs CEW | |
| Invesco CurrencyShares Australian Dollar Trust | 68 | Jun 21, 2006 | FXY vs FXA | |
| Invesco CurrencyShares® Swiss Franc Trust | 63 | Jun 26, 2006 | FXY vs FXF | |
| Invesco CurrencyShares® Euro Currency Trust | 57 | Dec 9, 2005 | FXY vs FXE | |
| Invesco DB US Dollar Index Bearish Fund | 42 | Feb 20, 2007 | FXY vs UDN |
Top Performing FXY Alternatives (YTD)
FXY alternatives from the Currency category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Invesco CurrencyShares Australian Dollar Trust | 3.69% | Jun 21, 2006 | FXY vs FXA | |
| Invesco DB US Dollar Index Bullish Fund | 2.77% | Feb 20, 2007 | FXY vs UUP | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 2.05% | Dec 18, 2013 | FXY vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 0.41% | May 6, 2009 | FXY vs CEW | |
| Invesco CurrencyShares® Swiss Franc Trust | -1.07% | Jun 26, 2006 | FXY vs FXF |
Lowest Volatility Alternatives to FXY
FXY 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 | FXY vs FXC | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 6.86% | Dec 18, 2013 | FXY vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 6.93% | May 6, 2009 | FXY vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 7.20% | Jun 26, 2006 | FXY vs FXB | |
| Invesco DB US Dollar Index Bullish Fund | 7.41% | Feb 20, 2007 | FXY vs UUP |
Lowest Drawdown Alternatives to FXY
FXY 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 | FXY vs FXC | |
| WisdomTree Emerging Currency Strategy Fund | -3.85% | May 6, 2009 | FXY vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | -4.53% | Jun 26, 2006 | FXY vs FXB | |
| Invesco DB US Dollar Index Bearish Fund | -4.54% | Feb 20, 2007 | FXY vs UDN | |
| Invesco CurrencyShares® Swiss Franc Trust | -4.82% | Jun 26, 2006 | FXY 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 | FXY vs QQQ | |
| Invesco S&P 500 Momentum ETF | S&P 500 | 66 | -5.78% | Oct 9, 2015 | FXY vs SPMO | |
| Invesco NASDAQ 100 ETF | Large Cap Growth Equities | 70 | -5.92% | Oct 13, 2020 | FXY vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 47 | 0.62% | Apr 24, 2003 | FXY vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 63 | -7.82% | May 4, 2005 | FXY vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Value Equities | 58 | 0.57% | Dec 6, 2005 | FXY vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 20 | 4.64% | Oct 18, 2012 | FXY vs SPHD | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 7.17% | Jun 11, 2021 | FXY vs SOXQ | |
| Invesco Aerospace & Defense ETF | Industrials Equities, Aerospace & Defense | 92 | 5.82% | Oct 26, 2005 | FXY vs PPA | |
| Invesco S&P MidCap Momentum ETF | Mid Cap Growth Equities | 80 | 4.93% | Mar 3, 2005 | FXY vs XMMO |
Often Compared With FXY
What investors most often compare with FXY, based on PortfoliosLab usage data.
Compare FXY with Any Fund or Stock
Compare FXY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.