Weekly Channel Summary
As of March 27, 2026, the Currency ETF channel consists of 15 ETFs managed by 4 distinct issuers. The total Assets Under Management (AUM) for the category currently stands at $3.10 billion. Over the past five days, the channel experienced net inflows of $35 million. Looking at broader trends, the group has gathered $800 million in Year-To-Date (YTD) flows, driving a robust 1-year net flow total of $1.20 billion.
This Week’s Performance Leaders and Laggards
For the week, the Short: Yen category led the Currency channel with a 1.27% return, pushing its YTD performance to a solid 5.97%. Long: USD also posted positive numbers, returning 0.65% WTD. On the downside, Long: AUD was the primary laggard, dropping -2.04% on the week, though it remains in the green on the year at 3.55% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Short: Yen | 1.27% | 5.69% | 6.35% | 18.77% | 5.97% | 20.29% |
| Long: USD | 0.65% | 2.97% | 3.01% | 4.04% | 2.64% | 0.78% |
| Long: EUR | -0.04% | -0.66% | -0.41% | 0.19% | -0.36% | 3.63% |
| Long: GBP | -0.05% | -0.99% | -1.10% | 0.24% | -0.71% | 4.92% |
| Long: Emerging | -0.15% | -3.03% | -0.20% | 2.77% | -0.17% | 9.61% |
| Short: USD | -0.47% | -2.47% | -1.85% | -1.31% | -1.54% | 5.60% |
| Long | Short: Multi | -0.55% | 1.00% | 10.40% | 11.12% | 11.00% | 18.22% |
| Long: Yen | -0.88% | -3.92% | -4.08% | -11.07% | -3.83% | -11.31% |
| Long: CHF | -1.02% | -3.54% | -1.15% | -0.08% | -0.73% | 10.08% |
| Long: CAD | -1.07% | -1.75% | -1.58% | 0.53% | -1.23% | 3.50% |
| Long: AUD | -2.04% | -3.26% | 2.85% | 5.81% | 3.55% | 10.39% |
Top & Bottom 5 ETFs by Weekly Performance
Drilling down into individual funds, the ProShares UltraShort Yen (YCS) was the standout performer with a 1.27% WTD gain. Conversely, the Invesco CurrencyShares Australian Dollar Trust (FXA) and the ProShares Ultra Yen (YCL) were the two weakest funds, losing -2.04% and -1.18%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| YCS | ProShares UltraShort Yen | 1.27% |
| EUO | ProShares UltraShort Euro | 0.81% |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | 0.71% |
| UUP | Invesco DB US Dollar Index Bullish Fund | 0.58% |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | -0.05% |
| Bottom Performers | ||
| FXA | Invesco CurrencyShares Australian Dollar Trust | -2.04% |
| YCL | ProShares Ultra Yen | -1.18% |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | -1.07% |
| FXF | Invesco CurrencyShares Swiss Franc Trust | -1.02% |
| ULE | ProShares Ultra Euro | -0.74% |
Analyzing the Weekly Flows
The Currency group saw a total net flow of $35 million this week. The Long: EUR category was the biggest winner, absorbing $32 million to bring its AUM to $507 million. Long: USD followed closely, taking in $12 million. Conversely, the Long: Yen category experienced the steepest outflows, shedding -$17 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Long: EUR | 3 | $507M | $32M | $19M | $45M | $50M | $217M |
| Long: USD | 2 | $983M | $12M | $525M | $535M | $533M | $457M |
| Long: GBP | 1 | $83M | $6M | $13M | $6M | $6M | $25M |
| Short: USD | 1 | $143M | $2M | -$2M | $7M | $7M | $74M |
| Long | Short: Multi | 1 | $117M | $0M | $21M | $59M | $59M | $95M |
| Long: AUD | 1 | $103M | $0M | $4M | $10M | $14M | $33M |
| Long: CAD | 1 | $85M | $0M | $0M | $11M | $11M | $14M |
| Long: CHF | 1 | $518M | $0M | -$34M | $125M | $125M | $328M |
| Long: Emerging | 1 | $15M | $0M | $0M | $2M | $2M | $8M |
| Short: Yen | 1 | $29M | $0M | $0M | -$7M | -$7M | -$3M |
| Long: Yen | 2 | $512M | -$17M | -$16M | $1M | $1M | -$49M |
Top & Bottom 5 ETFs by 5-Day Flow
The Invesco CurrencyShares Euro Trust (FXE) captured the top spot for inflows, attracting $32 million this week. On the other end of the spectrum, the Invesco Currencyshares Japanese Yen Trust (FXY) and the WisdomTree Emerging Currency Strategy Fund (CEW) were at the bottom; FXY shed -$17 million while CEW remained flat.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top Inflows | ||
| FXE | Invesco CurrencyShares Euro Trust | $32M |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | $10M |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | $6M |
| UDN | Invesco DB US Dollar Index Bearish Fund | $2M |
| UUP | Invesco DB US Dollar Index Bullish Fund | $2M |
| Largest Outflows | ||
| FXY | Invesco Currencyshares Japanese Yen Trust | -$17M |
| CEW | WisdomTree Emerging Currency Strategy Fund | $0M |
| EUO | ProShares UltraShort Euro | $0M |
| FOXY | Simplify Currency Strategy ETF | $0M |
| FXA | Invesco CurrencyShares Australian Dollar Trust | $0M |
Issuer League Table Update
Invesco dominates the Currency ETF market with a commanding 78.61% market share across its 8 products, holding $2.43 billion in AUM. WisdomTree operates as the second-largest issuer with 13.76% of the market. This week, Invesco gathered the most momentum, pulling in $24 million in aggregate weekly inflows. At the issuer level, no provider saw net outflows, though both ProShares and Simplify ended the week flat.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Invesco | 8 | $2.43B | 78.61% |
| WisdomTree | 2 | $0.43B | 13.76% |
| ProShares | 4 | $0.12B | 3.84% |
| Simplify | 1 | $0.12B | 3.79% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Top Inflows | |
| Invesco | $24M |
| WisdomTree | $10M |
| Simplify | $0M |
| Lagging Flows | |
| ProShares | $0M |
| Simplify | $0M |
| WisdomTree | $10M |
For a deeper dive into these trends, access our FREE, in-depth Currency ETF reports in the right side panel of this page.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
