CurrencyShares Canadian Dollar TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$76.50
- Net Assets:$258.1 Million
- Peer Rank:195 of 318
- Investment Rating:D+
We rate Guggenheim Canadian Dollar Tr at D+. Negative factors that influence this rating include a well below average total return. The fund may be considered for investors seeking a Non-US Equity strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The Guggenheim Canadian Dollar Tr has returned an annual rate of -1.30% since inception. More recently, the fund has generated a total return of -5.69% in the last five years, -6.47% in the last three years, and -3.21% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 18% of them. It has also outpaced 14% of its competitors on a three year basis and 40% of them over the last year for the period ending 6/30/2016. On a year to date basis, FXC has returned 7.01%.
Downside risk has been below average. FXC has a draw down risk of -26.87%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 9.8%. This fund has had a low level of volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $76.50, which is 2.1% below its 52-week high of $78.17 and 1.5% above its 52-week low of $75.39.
Low expense ratio helps performance. As FXC is an exchange traded fund, it has no front end or back end load.
The Guggenheim Canadian Dollar Tr is managed by a team at Guggenheim Investments. This fund is one of 29 Guggenheim Investments exchange-traded funds launched since 4/24/2003 that we track.