Invesco CurrencyShares Euro Trust
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$99.86
- Net Assets:$0 Million
- NAV:$99.98
- Premium-0.12%
- Peer Rank:219 of 330
- Investment Rating:C-
- Performance:D
- RiskB
We rate Invesco Euro 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 well below peers over the last three years. The Invesco Euro has returned an annual rate of -0.72% since inception. More recently, the fund has generated a total return of -0.95% in the last five years, -2.94% in the last three years, and 3.97% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 11% of them. It has also outpaced 21% of its competitors on a three year basis and 23% of them over the last year for the period ending 2/29/2024. On a year to date basis, FXE has returned -1.42%.
Downside risk has been below average. FXE has a draw down risk of -20.70%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 7.7%. This fund has had very little volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As FXE is an exchange traded fund, it has no front end or back end load.
The Invesco Euro 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.