Currency ETFs invest in the currencies of various countries around the world to move with or against a currency's movement against a reference currency.
With 15 ETFs traded in the U.S. markets, Currency ETFs ETFs gather total assets under management of $1.28B. The average expense ratio is 0.46%. Currency ETFs ETFs can be found in the following asset classes:
The largest Currency ETFs ETF is the PowerShares CurrencyShares Euro Trust FXE with $317.02M in assets. In the last trailing year, the best performing Currency ETFs ETF was the CNY at 11.81%. The most-recent ETF launched in the Currency ETFs space was the PowerShares CurrencyShares Singapore Dollar Trust FXSG in 02/13/13.