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 17 ETFs traded in the U.S. markets, Currency ETFs ETFs gather total assets under management of $1.40B. The average expense ratio is 0.52%. Currency ETFs ETFs can be found in the following asset classes:
The largest Currency ETFs ETF is the Invesco CurrencyShares Euro Trust FXE with $284.52M in assets. In the last trailing year, the best performing Currency ETFs ETF was the INR at 52.57%. The most-recent ETF launched in the Currency ETFs space was the WisdomTree Bloomberg U.S. Dollar Bullish Fund USDU in 12/18/13.