Weekly Channel Summary
The Currency ETF channel currently comprises 15 ETFs managed by 4 different issuers, representing a total of $2.5 billion in Assets Under Management (AUM). For the week ending February 6, 2026, the channel saw a net inflow of $69 million. This activity contributes to a Year-to-Date (YTD) flow of $185 million and a robust one-year flow total of $722 million, reflecting continued investor engagement with currency-hedged and directional strategies.
This Week’s Performance Leaders and Laggards
Performance this week was dominated by the Long | Short: Multi category, which posted a significant gain of 4.00%, further solidifying its YTD leadership at 7.60%. On the other end of the spectrum, the Long: Yen category was the primary laggard, falling -2.39% for the week and remaining in negative territory for the year (-0.63% YTD).
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Long | Short: Multi | 4.00% | 7.56% | 6.83% | 12.76% | 7.60% | 22.75% |
| Short: Yen | 3.21% | 1.08% | 7.42% | 18.43% | 1.16% | 15.40% |
| Long: USD | 0.50% | -0.72% | -1.15% | 1.68% | -0.44% | -4.06% |
| Long: Emerging | 0.11% | 1.82% | 4.67% | 6.76% | 2.20% | 13.60% |
| Long: AUD | 0.04% | 4.20% | 8.53% | 8.40% | 5.16% | 12.81% |
| Long: EUR | -0.20% | 0.42% | 1.16% | 1.22% | 0.29% | 7.48% |
| Short: USD | -0.59% | 1.09% | 2.57% | 1.33% | 0.86% | 11.93% |
| Long: CHF | -0.68% | 2.49% | 3.97% | 3.88% | 2.13% | 16.19% |
| Long: CAD | -0.68% | 1.11% | 3.66% | 1.00% | 0.54% | 5.46% |
| Long: GBP | -0.75% | 0.97% | 4.47% | 3.27% | 1.42% | 12.29% |
| Long: Yen | -2.39% | -0.66% | -4.53% | -10.54% | -0.63% | -8.28% |
Top & Bottom 5 ETFs by Weekly Performance
The single best performer this week was the Simplify Currency Strategy ETF (FOXY), which surged 4.00%. Conversely, the ProShares Ultra Yen (YCL) and the Invesco CurrencyShares Japanese Yen Trust (FXY) were the bottom performers, declining -3.09% and -1.68% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FOXY | Simplify Currency Strategy ETF | 4.00% |
| YCS | ProShares UltraShort Yen | 3.21% |
| UUP | Invesco DB US Dollar Index Bullish Fund | 0.73% |
| EUO | ProShares UltraShort Euro | 0.60% |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | 0.26% |
| Bottom Performers | ||
| YCL | ProShares Ultra Yen | -3.09% |
| FXY | Invesco CurrencyShares Japanese Yen Trust | -1.68% |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | -0.75% |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | -0.68% |
| FXF | Invesco CurrencyShares Swiss Franc Trust | -0.68% |
Analyzing the Weekly Flows
The Currency channel attracted $69 million in net new money this week. The Long: CHF category led all groups with $34 million in inflows, bringing its total AUM to $529 million. The Long: USD category also saw notable interest with $16 million in inflows, while the Long: GBP category remained flat for the week despite a challenging performance period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Long: CHF | 1 | $529M | $34M | $124M | $124M | $124M | $357M |
| Long: USD | 2 | $409M | $16M | ($4M) | ($11M) | ($26M) | ($244M) |
| Short: USD | 1 | $148M | $13M | $9M | ($2M) | $9M | $96M |
| Long | Short: Multi | 1 | $71M | $3M | $11M | $44M | $15M | $67M |
| Long: Yen | 2 | $538M | $3M | $15M | $29M | $15M | $105M |
Top & Bottom 5 ETFs by 5-Day Flow
The Invesco CurrencyShares Swiss Franc Trust (FXF) and the Invesco DB US Dollar Index Bullish Fund (UUP) shared the top spot for weekly inflows, each gathering $34 million. Conversely, the WisdomTree Bloomberg US Dollar Bullish Fund (USDU) was the primary source of outflows, losing -$18 million over the past five days.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| FXF | Invesco CurrencyShares Swiss Franc Trust | $34M |
| UUP | Invesco DB US Dollar Index Bullish Fund | $34M |
| UDN | Invesco DB US Dollar Index Bearish Fund | $13M |
| FOXY | Simplify Currency Strategy ETF | $3M |
| FXY | Invesco Currencyshares Japanese Yen Trust | $3M |
| Outflows | ||
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | ($18M) |
Issuer League Table Update
Invesco remains the dominant player in the Currency ETF space with an 84.97% market share, followed by WisdomTree at 7.41%. Invesco led the way this week by gathering $84 million in net inflows across its product suite. In contrast, WisdomTree saw the largest outflows among the top issuers, with $18 million leaving its funds during the period.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Invesco | 8 | $2.12B | 84.97% |
| WisdomTree | 2 | $0.19B | 7.41% |
| ProShares | 4 | $0.12B | 4.78% |
| Simplify | 1 | $0.07B | 2.84% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Invesco | $84M |
| Simplify | $3M |
| ProShares | $0M |
| Outflows | |
| WisdomTree | -$18M |
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.
