FXC vs. BPH

Last updated Jun 4, 2026

FXC (Invesco CurrencyShares® Canadian Dollar Trust) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - FXC is a Currency fund tracking the Canadian Dollar, while BPH is a Oil & Gas fund actively managed by Precidian. FXC is passively managed, while BPH is actively managed. At a correlation of -0.54, they often move in opposite directions. FXC charges 0.40%/yr vs 0.19%/yr for BPH.

Performance

FXC vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco CurrencyShares® Canadian Dollar Trust (FXC) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FXC

• 1D: -0.41%
• 1M: -2.04%
• YTD: -1.15%
• 6M: 0.45%
• 1Y: -1.04%
• 3Y*: 0.12%
• 5Y*: -1.87%
• 10Y*: -0.20%

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FXC vs. BPH - Yearly Performance Comparison

	2026 (YTD)
FXC Invesco CurrencyShares® Canadian Dollar Trust	-0.60%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between FXC and BPH is -0.54, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.54

Return for Risk

FXC vs. BPH — Risk / Return Rank

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

FXC

FXC Risk / Return Rank: 6
FXC Sharpe Ratio Rank: 6
FXC Sortino Ratio Rank: 6
FXC Omega Ratio Rank: 5
FXC Calmar Ratio Rank: 6
FXC Martin Ratio Rank: 6

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.

FXC vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares® Canadian Dollar Trust (FXC) and BP p.l.c. ADRhedged ETF (BPH). 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.

	FXC	BPH	Difference
Sharpe ratio: Return per unit of total volatility	-0.23	—	—
Sortino ratio: Return per unit of downside risk	-0.31	—	—
Omega ratio: Gain probability vs. loss probability	0.97	—	—
Calmar ratio: Return relative to maximum drawdown	-0.28	—	—
Martin ratio: Return relative to average drawdown	-0.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FXC	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.23	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	9.48	-9.53

Drawdowns

FXC vs. BPH - Drawdown Comparison

The maximum FXC drawdown since its inception was -35.39%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for FXC and BPH.

Drawdown Indicators

	FXC	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-35.39%	-2.35%	-33.04%
Max Drawdown (1Y) Largest decline over 1 year	-3.78%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.46%	—	—
Current Drawdown Current decline from peak	-28.86%	0.00%	-28.86%
Average Drawdown Average peak-to-trough decline	-19.92%	-1.08%	-18.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	FXC	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.50%	25.75%	-21.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.37%	25.75%	-19.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.66%	25.75%	-19.09%

FXC vs. BPH - Expense Ratio Comparison

FXC has a 0.40% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

FXC vs. BPH - Dividend Comparison

FXC's dividend yield for the trailing twelve months is around 0.26%, while BPH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FXC Invesco CurrencyShares® Canadian Dollar Trust	0.26%	0.55%	2.23%	2.01%	0.31%	0.00%	0.19%	0.75%	0.42%	0.02%	0.00%	0.02%

Frequently Asked Questions

Can I hold both FXC and BPH in my portfolio?

FXC and BPH have a correlation of -0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FXC or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FXC or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.40% for FXC.

Which ETF pays a higher dividend yield, FXC or BPH?

FXC has the higher dividend yield at 0.26%, compared with 0.00% for BPH.

What is the main difference between FXC and BPH?

FXC is categorized as Currency, while BPH is Oil & Gas. They also come from different issuers: Invesco and Precidian. Their fees differ too: 0.40% for FXC and 0.19% for BPH.