FXS

Invesco CurrencyShares Swedish Krona Trust
D

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*Unless otherwise stated, data provided by FactSet.

FXS Fund Description

FXS tracks the changes in value of the Swedish krona relative to the US dollar.

FXS Factset Analytics Insight

FXS is currently the only choice for those wanting to access the Swedish krona in an ETF wrapper. For 40 bps, the fund holds physical krona in a deposit account—a simple strategy. However, FXS’ deposits are uninsured, leaving investors exposed to the default risk of JPMorgan, the fund’s depository bank. Tax efficiency is another concern—all distributions and share sales are taxed at ordinary income rates (regardless of holding period). Unfortunately, FXS’ liquidity is mediocre, making entry and exit costs burdensome. Both large and small investors should trade cautiously and utilize liquidity providers whenever possible. As long as you’re smart about trade executions and aware of the fund’s risks, FXS is a solid offering and earns our Analyst Pick ribbon.

FXS Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXS -0.63% -4.07% -10.03% -9.94% -4.79% -7.26% -3.81%
FXS (NAV) -0.25% -3.88% -9.82% -9.26% -4.73% -7.21% -3.76%
USD/SEK Exchange Rate -- -- -- -- -- -- -3.76%
IU Swedish Krona Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FXS Summary Data

Invesco
06/21/06
Grantor Trust
0.40%
$14.14M
$92.29K
0.19%

FXS Portfolio Data

0.43%
09/23/19
In Specie

FXS Index Data

USD/SEK Exchange Rate

FXS Portfolio Management

0.40%

FXS Tax Exposures

39.60% / 39.60%
0%
0%
0%
No

FXS Fund Structure

Grantor Trust
In Specie
No
N/A
Low
High
None
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FXS Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FXS. FXS is rated a 5 out of 5.

FXS Tradability

832
$92.29K
556
$62.61K
0.19%
$0.18
-0.03%
3.36% / -1.18%
None
100.00%
50,000
0.01
0.01%
--
274
$95.23
5

FXS Top 10 Holdings

100.00%
100%

FXS Portfolio Tilts Comparison


FXS
Segment Benchmark
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FXS Performance Statistics

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