FXE Invesco CurrencyShares Euro Trust
What is FXE?
FXE tracks the changes in value of the euro relative to the US dollar.
FXE Factset Analytics Insight
FXE allows investors to access the euro with holdings of physical euros in a deposit account. This simple structure allows the fund to closely track the euro/US dollar spot exchange rate. Still, it is worth noting that: 1) distributions and share sales of FXE are always taxed as ordinary income, so increase in holding cost should be expected, and 2) the fund's physical deposits of euros are uninsured, so it carries the default risk of its depository, JPMorgan. Additionally, another thing to note on FXE is that it doesn't deliver the overnight lending rate like its benchmark does.
FXE Summary Data
FXE Portfolio Data
FXE Index Data
FXE Portfolio Management
FXE Tax Exposures
FXE Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXE. FXE is rated a 5 out of 5.
FXE Top 10 Holdings
FXE Portfolio Tilts Comparison
FXE Performance Statistics
Options Strategies for Outcome Investing
Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.