Weekly Channel Summary
The Currency ETF Channel currently encompasses 15 ETFs across 4 issuers, with total Assets Under Management (AUM) standing at $3B. Over the past 5 days, the channel experienced net inflows of $0.04B ($39M). Year-to-date flows remain strong at $0.58B ($578M), contributing to an overall 1-year flow of $0.02B ($23M).
This Week’s Performance Leaders and Laggards
This week, the Long: USD category led performance with a 1.42% gain. On the other end of the spectrum, Long: GBP was the primary laggard, falling -2.02%. Year-to-date, Long | Short: Multi is the standout category with a remarkable 9.70% gain.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Long: USD | 1.42% | 1.45% | 3.18% | 1.64% | 2.04% | 2.98% |
| Long: CAD | -0.50% | -0.07% | -0.89% | 2.01% | -0.34% | 1.99% |
| Long | Short: Multi | -0.74% | 0.17% | 0.43% | 6.93% | 9.70% | 21.99% |
| Long: CHF | -1.15% | -0.66% | -2.20% | 0.62% | 0.54% | 5.86% |
| Long: AUD | -1.21% | 0.10% | 1.66% | 9.89% | 7.76% | 12.94% |
| Long: EUR | -1.22% | -1.37% | -1.67% | 0.51% | -0.71% | 4.73% |
| Long: Yen | -1.25% | 0.21% | -3.55% | -2.82% | -1.31% | -8.42% |
| Short: USD | -1.34% | -1.09% | -1.98% | 0.82% | -0.39% | 3.05% |
| Long: Emerging | -1.37% | -0.96% | -0.80% | 3.52% | 1.96% | 9.12% |
| Long: GBP | -2.02% | -1.48% | -1.46% | 2.62% | -0.03% | 2.74% |
Top & Bottom 5 ETFs by Weekly Performance
The best-performing individual ETF this week was the Invesco DB US Dollar Index Bullish Fund (UUP) with a 1.51% gain. Conversely, the two worst-performing ETFs were the Invesco CurrencyShares British Pound Sterling Trust (FXB), down -2.02%, and the WisdomTree Emerging Currency Strategy Fund (CEW), which fell -1.37%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| UUP | Invesco DB US Dollar Index Bullish Fund | 1.51% |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | 1.33% |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | -0.50% |
| FOXY | Simplify Currency Strategy ETF | -0.74% |
| FXF | Invesco CurrencyShares Swiss Franc Trust | -1.15% |
| Bottom Performers | ||
| FXB | Invesco CurrencyShares British Pound Sterling Trust | -2.02% |
| CEW | WisdomTree Emerging Currency Strategy Fund | -1.37% |
| UDN | Invesco DB US Dollar Index Bearish Fund | -1.34% |
| FXY | Invesco Currencyshares Japanese Yen Trust | -1.25% |
| FXE | Invesco CurrencyShares Euro Trust | -1.22% |
Analyzing the Weekly Flows
Total net flows for the channel this week were $39M. The Long | Short: Multi category captured the most inflows, gathering $68M on a $305M AUM base. Long: GBP also saw positive momentum with $7M in inflows. The largest outflows occurred in the Long: USD category, which lost -$27M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Long | Short: Multi | 1 | $305M | $68M | $188M | $218M | $248M | $288M |
| Long: GBP | 1 | $97M | $7M | $33M | $26M | $20M | $14M |
| Long: AUD | 1 | $107M | $0M | $0M | $4M | $14M | $20M |
| Long: CAD | 1 | $75M | $0M | -$4M | -$3M | $0M | -$14M |
| Long: CHF | 1 | $491M | $0M | -$51M | -$74M | $91M | -$29M |
| Long: Emerging | 1 | $16M | $0M | $0M | $0M | $2M | $4M |
| Short: USD | 1 | $126M | $0M | -$19M | -$21M | -$12M | -$12M |
| Short: Yen | 1 | $29M | $0M | -$8M | $0M | -$7M | -$1M |
| Long: Yen | 2 | $482M | -$1M | -$17M | -$54M | -$36M | -$373M |
| Long: EUR | 3 | $458M | -$7M | -$48M | -$53M | -$5M | -$134M |
| Long: USD | 2 | $702M | -$27M | -$131M | $284M | $264M | $259M |
Top & Bottom 5 ETFs by 5-Day Flow
Simplify Currency Strategy ETF (FOXY) led all products with $68M in weekly inflows. The top two ETFs experiencing outflows were the Invesco DB US Dollar Index Bullish Fund (UUP) with -$27M leaving the fund, and the Invesco CurrencyShares Euro Trust (FXE) with -$5M in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| FOXY | Simplify Currency Strategy ETF | $68M |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | $7M |
| CEW | WisdomTree Emerging Currency Strategy Fund | $0M |
| FXA | Invesco CurrencyShares Australian Dollar Trust | $0M |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | $0M |
| Outflows | ||
| UUP | Invesco DB US Dollar Index Bullish Fund | -$27M |
| FXE | Invesco CurrencyShares Euro Trust | -$5M |
| EUO | ProShares UltraShort Euro | -$1M |
| YCL | ProShares Ultra Yen | -$1M |
| FXY | Invesco Currencyshares Japanese Yen Trust | $0M |
Issuer League Table Update
Invesco continues to dominate the channel with a 72.19% market share, followed by WisdomTree at 13.35%. Simplify gathered the most weekly inflows across all issuers ($68M), while top-ranked Invesco saw the largest outflows at -$26M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Invesco | 8 | $2.09B | 72.19% |
| WisdomTree | 2 | $0.39B | 13.35% |
| Simplify | 1 | $0.31B | 10.56% |
| ProShares | 4 | $0.11B | 3.91% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Simplify | $68M |
| WisdomTree | $0M |
| Outflows | |
| Invesco | -$26M |
| ProShares | -$2M |
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.
