INVESCO CURRENCYSHARES JAPANESE YEN TRUSTINVESCO CURRENCYSHARES JAPANESE YEN TRUSTINVESCO CURRENCYSHARES JAPANESE YEN TRUST

INVESCO CURRENCYSHARES JAPANESE YEN TRUST

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Key stats


Assets under management (AUM)
‪16.75 B‬MXN
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.5%
Shares outstanding
‪259.25 M‬
Expense ratio
0.40%

About INVESCO CURRENCYSHARES JAPANESE YEN TRUST


Brand
Invesco
Home page
Inception date
Feb 12, 2007
Structure
Grantor Trust
Index tracked
Japanese Yen per U.S. Dollar
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Distributor
Invesco Distributors, Inc.
FXY is known for its exposure to the Japanese yen (both long and short). The fund offers a simple strategy it holds Japanese yen in a deposit account. Still, it is worth noting that: 1) there's no deposit insurance on its holdings, so it carries credit risk of its depository, JPMorgan, and 2) distributions and share sales are always taxed at ordinary-income rate (as opposed to capital gains), regardless of holding period. In addition, FXY doesn't deliver the overnight lending rate like its benchmark, but with interest rates in Japan near 0% (or even lower), that's not much of a drawback. In fact, a 0% yield is a boon for those looking to short shares in the fund.

Classification


Asset Class
Currency
Category
Pair
Focus
Long JPY, short USD
Niche
In specie
Strategy
Vanilla
Geography
Japan
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FXY via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FXY trades at 1,234.00 MXN today, its price has risen 0.49% in the past 24 hours. Track more dynamics on FXY price chart.
FXY net asset value is 1,235.77 today — it's fallen 3.63% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FXY assets under management is ‪16.75 B‬ MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FXY price has fallen by −5.42% over the last month, and its yearly performance shows a 21.92% increase. See more dynamics on FXY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −3.63% over the last month, have fallen by −3.63% over the last month, showed a −1.68% decrease in three-month performance and has increased by 25.53% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FXY invests in cash. See more details in our Analysis section.
FXY expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FXY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FXY technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FXY shows the neutral signal. See more of FXY technicals for a more comprehensive analysis.
No, FXY doesn't pay dividends to its holders.
FXY trades at a premium (0.46%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FXY shares are issued by Invesco Ltd.
FXY follows the Japanese Yen per U.S. Dollar. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 12, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.