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FXA vs. GOVZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FXA and GOVZ is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.0

Performance

FXA vs. GOVZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco CurrencyShares Australian Dollar Trust (FXA) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). The values are adjusted to include any dividend payments, if applicable.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.92%
-55.51%
FXA
GOVZ

Key characteristics

Sharpe Ratio

FXA:

0.09

GOVZ:

-0.08

Sortino Ratio

FXA:

0.19

GOVZ:

0.05

Omega Ratio

FXA:

1.02

GOVZ:

1.01

Calmar Ratio

FXA:

0.02

GOVZ:

-0.03

Martin Ratio

FXA:

0.15

GOVZ:

-0.15

Ulcer Index

FXA:

5.76%

GOVZ:

12.28%

Daily Std Dev

FXA:

10.10%

GOVZ:

23.67%

Max Drawdown

FXA:

-40.97%

GOVZ:

-59.65%

Current Drawdown

FXA:

-32.86%

GOVZ:

-55.51%

Returns By Period

In the year-to-date period, FXA achieves a 4.00% return, which is significantly higher than GOVZ's -0.60% return.


FXA

YTD

4.00%

1M

1.85%

6M

-2.84%

1Y

0.02%

5Y*

0.52%

10Y*

-1.40%

GOVZ

YTD

-0.60%

1M

-3.20%

6M

-8.65%

1Y

-0.41%

5Y*

N/A

10Y*

N/A

*Annualized

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FXA vs. GOVZ - Expense Ratio Comparison

FXA has a 0.40% expense ratio, which is higher than GOVZ's 0.15% expense ratio.


Expense ratio chart for FXA: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FXA: 0.40%
Expense ratio chart for GOVZ: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GOVZ: 0.15%

Risk-Adjusted Performance

FXA vs. GOVZ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FXA
The Risk-Adjusted Performance Rank of FXA is 2525
Overall Rank
The Sharpe Ratio Rank of FXA is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FXA is 2424
Sortino Ratio Rank
The Omega Ratio Rank of FXA is 2424
Omega Ratio Rank
The Calmar Ratio Rank of FXA is 2424
Calmar Ratio Rank
The Martin Ratio Rank of FXA is 2525
Martin Ratio Rank

GOVZ
The Risk-Adjusted Performance Rank of GOVZ is 1919
Overall Rank
The Sharpe Ratio Rank of GOVZ is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of GOVZ is 1919
Sortino Ratio Rank
The Omega Ratio Rank of GOVZ is 1919
Omega Ratio Rank
The Calmar Ratio Rank of GOVZ is 2020
Calmar Ratio Rank
The Martin Ratio Rank of GOVZ is 2020
Martin 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.

FXA vs. GOVZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares Australian Dollar Trust (FXA) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for FXA, currently valued at 0.09, compared to the broader market-1.000.001.002.003.004.00
FXA: 0.09
GOVZ: -0.08
The chart of Sortino ratio for FXA, currently valued at 0.19, compared to the broader market-2.000.002.004.006.008.00
FXA: 0.19
GOVZ: 0.05
The chart of Omega ratio for FXA, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
FXA: 1.02
GOVZ: 1.01
The chart of Calmar ratio for FXA, currently valued at 0.04, compared to the broader market0.002.004.006.008.0010.0012.00
FXA: 0.04
GOVZ: -0.03
The chart of Martin ratio for FXA, currently valued at 0.15, compared to the broader market0.0020.0040.0060.00
FXA: 0.15
GOVZ: -0.15

The current FXA Sharpe Ratio is 0.09, which is higher than the GOVZ Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of FXA and GOVZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.09
-0.08
FXA
GOVZ

Dividends

FXA vs. GOVZ - Dividend Comparison

FXA's dividend yield for the trailing twelve months is around 1.54%, less than GOVZ's 4.77% yield.


TTM20242023202220212020201920182017201620152014
FXA
Invesco CurrencyShares Australian Dollar Trust
1.54%1.66%0.98%0.05%0.00%0.03%0.53%1.04%0.83%1.01%1.52%2.01%
GOVZ
iShares 25+ Year Treasury STRIPS Bond ETF
4.77%4.68%3.84%3.69%1.76%0.39%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FXA vs. GOVZ - Drawdown Comparison

The maximum FXA drawdown since its inception was -40.97%, smaller than the maximum GOVZ drawdown of -59.65%. Use the drawdown chart below to compare losses from any high point for FXA and GOVZ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2025FebruaryMarchApril
-17.48%
-55.51%
FXA
GOVZ

Volatility

FXA vs. GOVZ - Volatility Comparison

The current volatility for Invesco CurrencyShares Australian Dollar Trust (FXA) is 6.12%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 10.30%. This indicates that FXA experiences smaller price fluctuations and is considered to be less risky than GOVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
6.12%
10.30%
FXA
GOVZ