CurrencyShares Swedish Krona TrustFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$115.05
- Net Assets:$34.5 Million
- Peer Rank:204 of 318
- Investment Rating:D
We rate Guggenheim Swedish Krona 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 Swedish Krona has returned an annual rate of -1.21% since inception. More recently, the fund has generated a total return of -5.42% in the last five years, -7.51% in the last three years, and -1.65% 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 12% of its competitors on a three year basis and 44% of them over the last year for the period ending 6/30/2016. On a year to date basis, FXS has returned -0.75%.
Downside risk has been below average. FXS has a draw down risk of -27.29%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 9.1%. 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 $115.05, which is 4.4% below its 52-week high of $120.36 and 0.9% above its 52-week low of $114.00.
Low expense ratio helps performance. As FXS is an exchange traded fund, it has no front end or back end load.
The Guggenheim Swedish Krona 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.