FXB vs. MXNUSD=X

Last updated Apr 3, 2026

Compare and contrast key facts about Invesco CurrencyShares® British Pound Sterling Trust (FXB) and MXN/USD (MXNUSD=X).

FXB is a passively managed fund by Invesco that tracks the performance of the British Pound. It was launched on Jun 26, 2006.

Performance

FXB vs. MXNUSD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco CurrencyShares® British Pound Sterling Trust (FXB) and MXN/USD (MXNUSD=X). The values are adjusted to include any dividend payments, if applicable.

FXB vs. MXNUSD=X - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FXB Invesco CurrencyShares® British Pound Sterling Trust	-1.40%	10.37%	1.35%	8.58%	-10.45%	-1.54%	2.87%	3.87%	-5.75%	9.10%
MXNUSD=X MXN/USD	0.95%	15.65%	-18.53%	14.83%	5.29%	-3.10%	-4.83%	3.73%	0.35%	5.25%

Returns By Period

In the year-to-date period, FXB achieves a -1.40% return, which is significantly lower than MXNUSD=X's 0.95% return. Over the past 10 years, FXB has outperformed MXNUSD=X with an annualized return of -0.01%, while MXNUSD=X has yielded a comparatively lower -0.21% annualized return.

FXB

• 1D: -0.57%
• 1M: -0.83%
• YTD: -1.40%
• 6M: -0.58%
• 1Y: 4.22%
• 3Y*: 4.99%
• 5Y*: 0.88%
• 10Y*: -0.01%

MXNUSD=X

• 1D: -0.20%
• 1M: -0.80%
• YTD: 0.95%
• 6M: 3.26%
• 1Y: 13.30%
• 3Y*: 0.42%
• 5Y*: 2.63%
• 10Y*: -0.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FXB vs. MXNUSD=X — Risk / Return Rank

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

FXB

FXB Risk / Return Rank: 27
FXB Sharpe Ratio Rank: 29
FXB Sortino Ratio Rank: 28
FXB Omega Ratio Rank: 24
FXB Calmar Ratio Rank: 32
FXB Martin Ratio Rank: 25

MXNUSD=X

MXNUSD=X Risk / Return Rank: 83
MXNUSD=X Sharpe Ratio Rank: 87
MXNUSD=X Sortino Ratio Rank: 86
MXNUSD=X Omega Ratio Rank: 85
MXNUSD=X Calmar Ratio Rank: 76
MXNUSD=X Martin Ratio Rank: 79

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.

FXB vs. MXNUSD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares® British Pound Sterling Trust (FXB) and MXN/USD (MXNUSD=X). 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.

	FXB	MXNUSD=X	Difference
Sharpe ratio Return per unit of total volatility	0.59	1.25	-0.66
Sortino ratio Return per unit of downside risk	0.89	1.82	-0.93
Omega ratio Gain probability vs. loss probability	1.10	1.25	-0.15
Calmar ratio Return relative to maximum drawdown	1.04	1.06	-0.02
Martin ratio Return relative to average drawdown	2.33	3.96	-1.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FXB vs. MXNUSD=X - Sharpe Ratio Comparison

The current FXB Sharpe Ratio is 0.59, which is lower than the MXNUSD=X Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of FXB and MXNUSD=X, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FXB	MXNUSD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	1.25	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.23	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	-0.02	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	-0.19	+0.10

Correlation

The correlation between FXB and MXNUSD=X is 0.34, 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.

Drawdowns

FXB vs. MXNUSD=X - Drawdown Comparison

The maximum FXB drawdown since its inception was -48.99%, smaller than the maximum MXNUSD=X drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for FXB and MXNUSD=X.

Drawdown Indicators

	FXB	MXNUSD=X	Difference
Max Drawdown Largest peak-to-trough decline	-48.99%	-61.16%	+12.17%
Max Drawdown (1Y) Largest decline over 1 year	-4.53%	-5.52%	+0.99%
Max Drawdown (5Y) Largest decline over 5 years	-24.94%	-21.70%	-3.24%
Max Drawdown (10Y) Largest decline over 10 years	-29.30%	-32.39%	+3.09%
Current Drawdown Current decline from peak	-30.81%	-44.72%	+13.91%
Average Drawdown Average peak-to-trough decline	-27.52%	-36.35%	+8.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	1.48%	+0.54%

Volatility

FXB vs. MXNUSD=X - Volatility Comparison

The current volatility for Invesco CurrencyShares® British Pound Sterling Trust (FXB) is 2.56%, while MXN/USD (MXNUSD=X) has a volatility of 3.29%. This indicates that FXB experiences smaller price fluctuations and is considered to be less risky than MXNUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FXB	MXNUSD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	3.29%	-0.73%
Volatility (6M) Calculated over the trailing 6-month period	4.76%	6.39%	-1.63%
Volatility (1Y) Calculated over the trailing 1-year period	7.24%	8.48%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.50%	10.52%	-2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.33%	12.53%	-3.20%