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Currency Trading ETFs now available for investors
Here is information on several of the currency trading funds now available, along with their returns over the last 3 months, YTD, and over the past 12 months. Read more on the strong month of July theses funds have had.
1. Rydex ETF
- Currency Shares Australian Dollar Trust (FXA): 05.81% 5.81% 19.31%
- CurrencyShares British Pound Sterling Trust (FXB): 00.98% 0.98% 5.88%
- CurrencyShares Canadian Dollar Trust (FXC): (2.35%) (2.35%) 16.27%
- CurrencyShares Euro Trust (FXE): 9.03% 9.03% 22.17%
- CurrencyShares Japanese Yen Trust (FXY): 11.88% 11.88% 18.04%
- CurrencyShares Mexican Peso Trust (FXM): 4.03% 4.03% 9.78%
- CurrencyShares Swedish Krona Trust (FXS): 9.78% 9.78% 20.95%
- CurrencyShares Swiss Franc Trust (FXF): 14.61% 14.61% 24.30%
2. PowerShares has not changed their lineup of three trading strategies.
- A dollar bullish ETF (UUP). This currency trading fund goes long on the Group of 10 Currencies. (5.49%) (5.49%) (8.89%)
- A dollar bearish ETF (UDN). This currency trading ETF shorts the same currencies that the bullish index follows. 6.93% 6.93% 17.78%
- DB G10 Golden Harvest Fund Exchange Traded Fun (DBV). This fund which divides the Group of 10 currencies into high and low interest rate countries. The fund then borrows money in the low interest rate currencies and it uses those proceeds to buy long positions in the high interest rate currencies. (6.44%) (6.44%) (1.90%)
3. Wisdom Tree Currency Exchange traded funds.
- Wisdom Tree Interest Rates
- Chinese Yuan (CYB) 0.7%
- The Euro (EU) 4.3%
- Brazilian Real (BXF) 11.9%
- Indian Rupee (ICN) 6.5%
- Japanese Yen (JYF) 0.7%
See how the Invesco Powershares DB Currency Harvest works
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