Invesco CurrencyShares British Pound Sterling Trust
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$121.57
- Net Assets:$0 Million
- NAV:$121.56
- Premium0.01%
- Peer Rank:211 of 330
- Investment Rating:C-
- Performance:D
- RiskB
We rate Invesco British Pound Sterling at C-. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Non-US Equity strategy.
Total return ranks below peers over the last three years. The Invesco British Pound Sterling has returned an annual rate of -1.92% since inception. More recently, the fund has generated a total return of 0.02% in the last five years, -1.87% in the last three years, and 8.17% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 13% of them. It has also outpaced 26% of its competitors on a three year basis and 42% of them over the last year for the period ending 2/29/2024. On a year to date basis, FXB has returned -0.21%.
Downside risk has been below average. FXB has a draw down risk of -21.64%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 8.3%. This fund has had very little volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As FXB is an exchange traded fund, it has no front end or back end load.
The Invesco British Pound Sterling is managed by a team at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.