Weekly Channel Summary
The Currency ETF Channel, consisting of 15 ETFs across 4 distinct issuers, currently holds a total Assets Under Management (AUM) of $2,855M. Over the past 5 days, the channel has seen net positive momentum with $30M in inflows. Looking at the broader timeline, the channel has gathered $539M in Year-to-Date flows, despite facing a trailing 1-Year Flow deficit of -$114M.
This Week’s Performance Leaders and Laggards
This week, the Long: Emerging category led the pack, delivering a solid 0.69% WTD return, followed closely by Long: AUD which posted a 0.42% gain. Conversely, the Long: CAD category served as the primary laggard, dropping -0.85% over the week. Year-to-date, the Long | Short: Multi category remains the clear standout, boasting an impressive 10.52% return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Long: Emerging | 0.69% | 1.16% | 1.15% | 5.74% | 3.38% | 10.89% |
| Long: AUD | 0.42% | 2.75% | 3.73% | 12.54% | 9.08% | 14.22% |
| Long | Short: Multi | 0.36% | 1.07% | 2.71% | 8.58% | 10.52% | 25.18% |
| Short: USD | 0.28% | 1.37% | 0.10% | 2.54% | 0.96% | 4.28% |
| Long: CHF | 0.19% | 1.39% | -0.41% | 3.24% | 1.71% | 5.84% |
| Long: Yen | 0.19% | 1.49% | -0.29% | -4.51% | -0.91% | -13.02% |
| Long: GBP | 0.06% | 1.49% | 0.60% | 4.68% | 2.03% | 4.68% |
| Long: EUR | 0.05% | 0.37% | 0.18% | 1.20% | 0.46% | 2.84% |
| Long: USD | -0.27% | -0.85% | 1.05% | 0.01% | 0.61% | 1.74% |
| Short: Yen | -0.32% | -1.84% | 1.00% | 7.87% | 2.18% | 23.94% |
| Long: CAD | -0.85% | 1.11% | -0.38% | 2.87% | 0.16% | 1.81% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was ULE (ProShares Ultra Euro), surging with a 0.99% return. At the other end of the spectrum, the two worst-performing ETFs were EUO (ProShares UltraShort Euro) and FXC (Invesco CurrencyShares Canadian Dollar Trust), pulling back -0.92% and -0.85%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ULE | ProShares Ultra Euro | 0.99% |
| CEW | WisdomTree Emerging Currency Strategy Fund | 0.69% |
| FXA | Invesco CurrencyShares Australian Dollar Trust | 0.42% |
| FOXY | Simplify Currency Strategy ETF | 0.36% |
| YCL | ProShares Ultra Yen | 0.35% |
| Bottom Performers | ||
| EUO | ProShares UltraShort Euro | -0.92% |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | -0.85% |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | -0.38% |
| YCS | ProShares UltraShort Yen | -0.32% |
| UUP | Invesco DB US Dollar Index Bullish Fund | -0.16% |
Analyzing the Weekly Flows
Overall channel net flows were healthy, adding $30M for the week. The bulk of these gains were directed to the Long | Short: Multi category, which dominated inflows with a massive $103M injection, pushing its total AUM to $236M. The Long: GBP category also exhibited positive traction, bringing in $7M. Conversely, the Long: EUR category suffered the heaviest withdrawals, shedding -$33M over the past 5 days.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Long | Short: Multi | 1 | $236M | $103M | $120M | $165M | $180M | $221M |
| Long: GBP | 1 | $92M | $7M | $26M | $20M | $13M | $7M |
| Long: Yen | 2 | $488M | $3M | -$34M | -$50M | -$35M | -$446M |
| Long: AUD | 1 | $108M | $0M | $0M | $4M | $14M | $20M |
| Long: Emerging | 1 | $16M | $0M | $0M | $0M | $2M | $4M |
| Short: Yen | 1 | $28M | $0M | -$5M | -$3M | -$7M | -$3M |
| Long: CAD | 1 | $75M | -$4M | -$4M | -$3M | $0M | -$14M |
| Long: CHF | 1 | $494M | -$6M | -$28M | -$33M | $91M | -$39M |
| Short: USD | 1 | $127M | -$10M | -$19M | -$21M | -$12M | -$9M |
| Long: USD | 2 | $725M | -$30M | -$315M | $317M | $291M | $282M |
| Long: EUR | 3 | $466M | -$33M | -$53M | -$42M | $2M | -$137M |
Top & Bottom 5 ETFs by 5-Day Flow
The clear winner for weekly asset gathering was FOXY (Simplify Currency Strategy ETF), single-handedly pulling in $103M. Meanwhile, the heaviest outflow pressures were felt by FXE (Invesco CurrencyShares Euro Trust) and USDU (WisdomTree Bloomberg US Dollar Bullish Fund), which shed -$32M and -$29M respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| FOXY | Simplify Currency Strategy ETF | $103M |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | $7M |
| FXY | Invesco Currencyshares Japanese Yen Trust | $3M |
| CEW | WisdomTree Emerging Currency Strategy Fund | $0M |
| EUO | ProShares UltraShort Euro | $0M |
| Outflows | ||
| FXE | Invesco CurrencyShares Euro Trust | -$32M |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | -$29M |
| UDN | Invesco DB US Dollar Index Bearish Fund | -$10M |
| FXF | Invesco CurrencyShares Swiss Franc Trust | -$6M |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | -$4M |
Issuer League Table Update
Invesco maintains an undeniable command over the currency ETF landscape, capturing 74.27% of the total market share with $2.12B in assets, while WisdomTree holds second place at a 13.43% share. Flow momentum this week significantly favored Simplify, which gathered $103M in new assets. Concurrently, market leader Invesco experienced the heaviest overall outflows, recording -$44M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Invesco | 8 | $2.12B | 74.27% |
| WisdomTree | 2 | $0.38B | 13.43% |
| Simplify | 1 | $0.24B | 8.27% |
| ProShares | 4 | $0.12B | 4.04% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Simplify | $103M |
| Outflows | |
| ProShares | -$1M |
| WisdomTree | -$29M |
| Invesco | -$44M |
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.
