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FXY Invesco Currencyshares Japanese Yen Trust

Over the last 15 years (2011-082026-09), $10,000 invested in FXY with dividends reinvested grew to $4,659-4.91% a year — with a worst peak-to-trough fall of -56.29%. Past performance doesn't predict future results.

Growth of $10,000 · 2011-082026-09 · dividends reinvested

CAGR (annualized return)
-4.91%
Volatility (annualized)
9.21%
Worst drawdown
-56.29%
Sharpe ratio
-0.68

About FXY

The Invesco CurrencyShares Japanese Yen Trust is a financial asset that offers investors an efficient means to gain direct exposure to the Japanese yen. This exchange-traded fund (ETF) is designed to track the price of the yen relative to the U.S. dollar, reflecting fluctuations in the currency's exchange rate. It serves as a versatile tool for individuals and institutional investors aiming to hedge against currency risk or speculate on yen price movements. CurrencyShares, a series of funds including this trust, allows for a simplified form of investing in foreign currencies compared to futures or currency swaps. The Invesco CurrencyShares Japanese Yen Trust plays a critical role in the financial markets by providing participants with an opportunity to access and manage foreign exchange risk without the complexity of direct trading on the forex market. Additionally, the trust influences a wide range of sectors, from international trade to travel, as the yen is a major global currency. It is particularly significant for investors with interests in Japan or those looking to diversify their currency holdings to maintain balanced portfolios in a globalized economy.

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Educational use only — not investment advice. Results are hypothetical.Read full disclaimer

This tool is for educational and informational purposes only and does not provide financial, investment, tax, legal, or accounting advice. Results are hypothetical and based on historical data and assumptions that may be inaccurate. Past performance does not guarantee future results. Consult a licensed professional before making investment decisions.