MXNUSD=X vs. FXB

Last updated Apr 3, 2026

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

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

Performance

MXNUSD=X vs. FXB - Performance Comparison

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

MXNUSD=X vs. FXB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXNUSD=X MXN/USD	0.95%	15.65%	-18.53%	14.83%	5.29%	-3.10%	-4.83%	3.73%	0.35%	5.25%
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%

Returns By Period

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

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%

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%

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

Return for Risk

MXNUSD=X vs. FXB — Risk / Return Rank

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

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

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

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.

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

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

	MXNUSD=X	FXB	Difference
Sharpe ratio Return per unit of total volatility	1.25	0.59	+0.66
Sortino ratio Return per unit of downside risk	1.82	0.89	+0.93
Omega ratio Gain probability vs. loss probability	1.25	1.10	+0.15
Calmar ratio Return relative to maximum drawdown	1.06	1.04	+0.02
Martin ratio Return relative to average drawdown	3.96	2.33	+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.

MXNUSD=X vs. FXB - Sharpe Ratio Comparison

The current MXNUSD=X Sharpe Ratio is 1.25, which is higher than the FXB Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of MXNUSD=X and FXB, 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

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

Correlation

The correlation between MXNUSD=X and FXB 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

MXNUSD=X vs. FXB - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

MXNUSD=X vs. FXB - Volatility Comparison

MXN/USD (MXNUSD=X) has a higher volatility of 3.29% compared to Invesco CurrencyShares® British Pound Sterling Trust (FXB) at 2.56%. This indicates that MXNUSD=X's price experiences larger fluctuations and is considered to be riskier than FXB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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