ETF Evaluator:
Invesco CurrencyShares® Swiss Franc (FXF)
Follow This ETF
(as of Jul 31)
Best Performing in Single Currency Over the Last Year
| 24.1% | Simplify Currency Strategy ETF (FOXY) |
| 6.9% | Invesco CcyShrs® Australian Dllr Trust (FXA) |
| 1.6% | Single Currency () |
| -1.0% | Invesco CcyShrs® British Pound Stlg (FXB) |
| -1.9% | Invesco CurrencyShares® Swiss Franc (FXF) |
Risk
Index
Risk
Index
ETF Details
Invesco CurrencyShares® Swiss Franc Overview
Invesco CurrencyShares® Swiss Franc (FXF) is a passively managed Miscellaneous Single Currency exchange-traded fund (ETF). Invesco launched the ETF in 2006.
The investment seeks to track the price of the Swiss Franc, net of trust expenses.
The fund seeks to reflect the price of the Swiss Franc. The sponsor believes that, for many investors, the shares represent a cost-effective investment relative to traditional means of investing in the foreign exchange market.
About Invesco CurrencyShares® Swiss Franc (FXF)
There are 1 members of the management team with an average tenure of 20.04 years: Management Team (2006). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: WM/Reuters CHF Closing Spot Rate TR USD index with a weighting of 100%. Invesco CurrencyShares® Swiss Franc has 2 securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Invesco CurrencyShares® Swiss Franc is part of the Other global asset class and is within the Miscellaneous ETF group. Invesco CurrencyShares® Swiss Franc has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco CurrencyShares® Swiss Franc has 100.0% of the portfolio in cash.
Assets Under Management
The fund has $430 million in total assets, which is above the $264 million average for the Single Currency category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FXF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco CurrencyShares® Swiss Franc expense ratio is average compared to funds in the Single Currency category. Invesco CurrencyShares® Swiss Franc has an expense ratio of 0.40%, which is 13% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco CurrencyShares® Swiss Franc has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 0% for the Single Currency category.
Recently, in the month of June 2026, Invesco CurrencyShares® Swiss Franc returned -3.2%, which earned it a grade of F, as the Single Currency category had an average return of -1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Invesco CurrencyShares® Swiss Franc has a trailing yield of 0.00%, which is below the 1.70% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco CurrencyShares® Swiss Franc Grades
Year to date, the ETF has returned -2.1%, 3.2 percentage points worse than the category, which translates into a grade of C. The fund has returned -1.9% over the past year (grade of C), 3.2% over the past three years (grade of B) and 2.2% per year over the past five years (grade of A) and 1.0% per year over the past 10 years (grade of A).
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FXF Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FXF Return (NAV) | -3.2% | -0.5% | -1.9% | 3.2% | 2.2% | 1.0% |
| FXF Return (Price) | -3.5% | -1.2% | -2.5% | 3.1% | 2.2% | 1.0% |
| NAV +/- Price Return | 0.314% | 0.702% | 0.590% | 0.066% | 0.027% | -0.002% |
| Single Currency Avg | -1.6% | 0.2% | 1.6% | 1.3% | -1.2% | -0.6% |
| FXF Grade (NAV) | F | C | C | B | A | A |
| +/- Category (NAV) | -1.6% | -0.7% | -3.5% | 1.9% | 3.4% | 1.6% |
| FXF Tax-Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | 0.0% |
FXF Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FXF Return (NAV) | -2.1% | 13.9% | -7.2% | 9.7% | -2.5% | -4.1% | 8.3% | 0.6% | -2.3% | 3.1% | -2.6% |
| FXF Return (Price) | -2.3% | 14.0% | -7.5% | 9.6% | -2.3% | -4.1% | 8.2% | 0.3% | -2.0% | 3.3% | -2.7% |
| NAV +/- Price Ret | 0.108% | 0.014% | 0.032% | -0.004% | -0.068% | -0.006% | -0.012% | -49.4% | -11.9% | 7.0% | 3.5% |
| Single Currency Avg | 1.1% | 8.8% | -5.8% | 3.9% | -7.8% | -5.0% | 5.8% | 1.5% | -4.8% | 7.3% | -2.7% |
| FXF Grade (NAV) | C | B | D | A | A | C | B | C | B | F | D |
| +/- Category | -3.2% | 5.1% | -1.4% | 5.7% | 5.4% | 0.9% | 2.5% | -0.9% | 2.5% | -4.2% | 0.1% |
| Risk Measures | |
| Beta: | 11.03 |
| R-Squared: | 1% |
| Standard Deviation: | 9.1% |
| Category Risk Index: | 1.12 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.74 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 431 Mil |
| Share Class Assets: | $ 431 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.40% |
| Index Fund: | Yes |
| Index Tracked: | WM/Reuters CHF Closing Spot Rate TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 20.0 years | |||
| Average Tenure: 20.0 years | |||
| Managers (Year): Team Management (2006) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 2 |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 100.0% |
Purchase Information
| Legal Structure: | Grantor Trust |
| Fund Family: | Invesco |
| Phone Number: | 800-820-0888 |
| Website: | www.currencyshares.com |
| Inception Date: | June 21, 2006 |
Expenses and Fees
| Expense Ratio (%): | 0.40% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.46% |
