Key stats
About Invesco CurrencyShares Australian Dollar Trust
Home page
Inception date
Jun 21, 2006
Structure
Grantor Trust
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.
FXA offers direct exposure to the AUD by holding physical dollars in a deposit account at JPMorgan. The fund does a great job of providing exposure to the Aussie dollar and its corresponding interest rate through its simple structure. However, unlike a retail checking account in the US, the fund’s AUD deposits are uninsured. As a result, investors are exposed to the default risk of JPMorgan, the fund's depository bank. Tax efficiency is another concern, any distributions or sales of FXA shares are taxed at ordinary income rates, regardless of holding period. FXA is rebalanced quarterly.
Classification
Symbol
Geography
Australia
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Rob Smith - smithintheblack - Quant Edge learning11/26/17 – Bias: Neutral. Outside bullish month and week up.
Momentum inside hammer in August.
Inside week 9/11/17. Tried to go higher in
September, long upper shadow. Rev Strat
Weekly Down Under 79.68. We will see what
December brings. 4 consecutive bearish months.
Has not made a lower low sin
Rob Smith - smithintheblack - Quant Edge learning11/26/17 – Outside bullish month and week up.
Momentum inside hammer in August.
Inside week 9/11/17. Tried to go higher in
September, long upper shadow. Rev Strat
Weekly Down Under 79.68. We will see what
December brings. 4 consecutive bearish months.
Has not made a lower low since 01/01/16 at
See all ideas
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.
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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.
FXA trades at 63.90 USD today, its price has risen 0.36% in the past 24 hours. Track more dynamics on FXA price chart.
FXA net asset value is 63.65 today — it's risen 0.02% 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.
FXA assets under management is 92.54 M USD. 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.
FXA price has risen by 0.66% over the last month, and its yearly performance shows a −2.67% decrease. See more dynamics on FXA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.68% increase in three-month performance and has decreased by −2.60% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.68% increase in three-month performance and has decreased by −2.60% in a year.
FXA fund flows account for 25.31 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
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.
FXA invests in cash. See more details in our Analysis section.
FXA 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, FXA 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, FXA technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FXA shows the sell signal. See more of FXA technicals for a more comprehensive analysis.
Today, FXA technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FXA shows the sell signal. See more of FXA technicals for a more comprehensive analysis.
Yes, FXA pays dividends to its holders with the dividend yield of 1.52%.
FXA trades at a premium (0.08%).
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.
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.
FXA shares are issued by Invesco Ltd.
FXA follows the Australian Dollar 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 Jun 21, 2006.
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.