Weekly Channel Summary
The Currency channel currently manages $2.374B in assets across 15 ETFs and 4 issuers. For the past week, the channel gathered net inflows of $5M. Year-to-date, the space has seen positive momentum with approximately $598M in net inflows, building on a strong one-year trend of $689M in new assets.
This Week’s Performance Leaders and Laggards
Long: AUD was the top-performing category this week, posting a gain of 1.95%. On the flip side, Long: USD lagged the group with a decline of -0.61%. Year-to-date, Long: AUD is up 7.08%, while Long: USD remains in negative territory, down -3.31%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Long: AUD | 1.95% | 0.25% | 0.43% | 2.42% | 7.08% | 1.90% |
| Long: CAD | 1.33% | 0.51% | -1.44% | -1.17% | 3.65% | 1.00% |
| Long: GBP | 1.29% | 1.02% | -1.38% | -0.60% | 8.21% | 6.89% |
| Long: Emerging | 1.07% | 1.17% | 2.40% | 5.00% | 12.54% | 11.25% |
| Short: USD | 0.81% | 0.49% | -1.35% | 0.57% | 10.72% | 8.11% |
| Long: CHF | 0.69% | -0.07% | -0.62% | 2.05% | 12.38% | 9.22% |
| Long | Short: Multi | 0.36% | 3.71% | 8.11% | 15.06% | – | – |
| Long: EUR | 0.34% | 0.31% | 0.10% | 1.43% | 6.36% | 5.26% |
| Long: Yen | 0.21% | -2.12% | -2.20% | -9.42% | -2.12% | -9.23% |
| Short: Yen | 0.01% | 3.44% | 15.17% | 22.58% | 5.47% | 17.59% |
| Long: USD | -0.61% | 0.09% | 2.87% | 2.81% | -3.31% | -0.34% |
Top & Bottom 5 ETFs by Weekly Performance
The FXA (Invesco CurrencyShares Australian Dollar Trust) took the top spot this week. Conversely, the EUO (ProShares UltraShort Euro) and UUP (Invesco DB US Dollar Index Bullish Fund) were the notable laggards.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FXA | Invesco CurrencyShares Australian Dollar Trust | 1.95% |
| ULE | ProShares Ultra Euro | 1.44% |
| FXC | Invesco CurrencyShares Canadian Dollar Trust | 1.33% |
| FXB | Invesco CurrencyShares British Pound Sterling Trust | 1.29% |
| CEW | WisdomTree Emerging Currency Strategy Fund | 1.07% |
| Bottom Performers | ||
| YCL | ProShares Ultra Yen | 0.10% |
| YCS | ProShares UltraShort Yen | 0.01% |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | -0.58% |
| UUP | Invesco DB US Dollar Index Bullish Fund | -0.64% |
| EUO | ProShares UltraShort Euro | -1.32% |
Analyzing the Weekly Flows
The Currency channel recorded net inflows of $5M this week. Long: USD attracted the most capital with $11M in inflows, contributing to its total AUM of $518M. Long: AUD also saw positive movement with $3M in inflows. Conversely, Long: EUR experienced the largest outflows, shedding $5M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Long: USD | 2 | $518M | $11M | $114M | $179M | ($136M) | ($25M) |
| Long | Short: Multi | 1 | $61M | $3M | $35M | $41M | $60M | $60M |
| Long: AUD | 1 | $77M | $3M | $3M | $0M | $9M | $15M |
| Long: Emerging | 1 | $11M | $0M | $2M | $2M | $4M | $4M |
| Long: CHF | 1 | $390M | $0M | $0M | $17M | $223M | $223M |
| Long: GBP | 1 | $89M | $0M | $0M | $0M | $26M | $26M |
| Long: CAD | 1 | $76M | $0M | ($7M) | ($14M) | $14M | $14M |
| Long: Yen | 2 | $506M | $0M | ($21M) | ($75M) | $82M | $55M |
| Short: Yen | 1 | $38M | ($3M) | ($3M) | $0M | $9M | $9M |
| Long: EUR | 3 | $465M | ($5M) | ($38M) | ($102M) | $223M | $225M |
| Short: USD | 1 | $142M | ($5M) | ($9M) | ($2M) | $84M | $83M |
Top & Bottom 5 ETFs by 5-Day Flow
The UUP (Invesco DB US Dollar Index Bullish Fund) led inflows with a solid $7M. Outflows were most pronounced in the FXE (Invesco CurrencyShares Euro Trust) and UDN (Invesco DB US Dollar Index Bearish Fund).
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| UUP | Invesco DB US Dollar Index Bullish Fund | $7M |
| USDU | WisdomTree Bloomberg US Dollar Bullish Fund | $4M |
| FXA | Invesco CurrencyShares Australian Dollar Trust | $3M |
| FOXY | Simplify Currency Strategy ETF | $3M |
| CEW | WisdomTree Emerging Currency Strategy Fund | $0M |
| Outflows | ||
| FXE | Invesco CurrencyShares Euro Trust | ($5M) |
| UDN | Invesco DB US Dollar Index Bearish Fund | ($5M) |
| YCS | ProShares UltraShort Yen | ($3M) |
| ULE | ProShares Ultra Euro | $0M |
| FXY | Invesco Currencyshares Japanese Yen Trust | $0M |
Issuer League Table Update
Invesco continues to dominate the issuer landscape with over 82% market share. WisdomTree gathered the most assets this week with $4M in inflows, while ProShares saw the largest outflows at $3M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Invesco | 8 | $1.96B | 82.38% |
| WisdomTree | 2 | $0.23B | 9.81% |
| ProShares | 4 | $0.12B | 5.22% |
| Simplify | 1 | $0.06B | 2.59% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| WisdomTree | $4M |
| Simplify | $3M |
| Invesco | $0M |
| Outflows | |
| ProShares | ($3M) |
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.
