The Big Picture
The 10-year yield rose to 5.28% in a week of 29,000 new jobs
Invesco CurrencyShares Australian Dollar Trust
$69.14+0.24 (+0.35%)
- 0.40%
- $93M
- +8.7%
- 1.26%
- 0M sh
- $69.07
- low $63.66high $72.02
The ETF.net FXA Grade
C
Score 49 out of 100
- 7 of 9
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B67 out of 100Rank 1 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 6 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F20 out of 100Rank 8 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 6 of 9
Our read on FXA
CThe Aussie corner of Invesco's CurrencyShares family: a grantor trust running since 2006 that tracks the price of the Australian dollar itself, not a basket of stocks that happen to be exposed to it.
The Trust is designed to reflect the U.S.-dollar price of the Australian Dollar, plus accrued interest when applicable, after Trust expenses and liabilities. It is a passive vehicle that holds Australian Dollar deposits and does not use derivatives.
Why people hold it
- Costs 0.40% a year, the same as the euro, yen, pound and franc CurrencyShares trusts and the going rate across single-currency funds.
- Live since June 2006, so it has traded through commodity booms, busts and rate cycles instead of arriving with the latest theme.
- One job, plainly stated: a grantor trust designed to track the price of the Australian dollar. No stock proxies, no index committee, no basket to reweight.
Worth knowing
- Thinly traded. Spreads can run wider than in the big currency funds, and larger orders can move the price.
- Payouts are irregular, not a monthly or quarterly rhythm you can pencil in.
- Sits in the lower half of the single-currency group on our review; the euro, pound, yen and franc trusts rate higher, mostly on how easily they trade.
FXA Holdings
- Other
- 2
- 100%
- Cash & Equivalents
FXA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FXA$10,872
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FXA |
|---|---|
| Year to date | +5.4% |
| 1 month | −2.9% |
| 3 months | +0.5% |
| 1 year | +8.7% |
| 3 years | +4.7% |
| 5 years | −0.2% |
| 10 years | −0.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FXA |
|---|---|---|
| 2026 YTD | +5.4% | |
| 2025 | +9.1% | |
| 2024 | −7.7% | |
| 2023 | +1.1% | |
| 2022 | −6.5% | |
| 2021 | −6.2% | |
| 2020 | +9.5% |
FXA in the news
The Big Picture
The Fed hiked. The 30-year yield fell 1 basis point
FXA Dividends
- 1.26%
- $0.87
- $0.09 per share
- Monthly
Distribution history
FXA Risk
- 8.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.40
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FXA Cost
0.40%
FXA0.40%
- The middle half of Single Currency funds
- Median 0.40%
No Single Currency fund charges less.
Other funds in Single Currency
- CFXCInvesco CurrencyShares Canadian Dollar TrustExpense ratio 0.40%1 year return −1.9%
- CFXFInvesco CurrencyShares Swiss Franc TrustExpense ratio 0.40%1 year return −4.6%
- CUSDUWisdomTree Bloomberg U.S. Dollar Bullish FundExpense ratio 0.50%1 year return +5.6%
- CUUPInvesco DB US Dollar Index Bullish FundExpense ratio 0.78%1 year return +8.0%
- FFOXYSimplify Currency Strategy ETFExpense ratio 0.81%1 year return +11.0%