Invesco CurrencyShares Australian Dollar ETF (FXA) Performance
FXA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.7% since Dec 31, 2025
- 1 year
- +9.5% total return
- 5 years
- −0.2% a year
- 10 years
- −0.1% a year
- Since first price
- +1.7% a year since 2006
FXA trailing returns vs SPY, QQQ, AGG
| Period | FXA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | −0.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.5% | +1.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.6% | −1.4% | +7.8% | +8.4% | −1.5% |
| YTD | +6.7% | +5.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.5% | +8.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.8%+5.0%/yr | +11.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −1.1%−0.2%/yr | −5.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −1.2%−0.1%/yr | −8.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −20.1%−1.5%/yr | −32.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +35.1%+1.5%/yr | −8.2% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 26, 2006 | +41.8%+1.7%/yr | −4.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FXA vs SPY
From Jun 26, 2006: FXA grew to $14,183, SPY to $88,028.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FXA returns by calendar year
10 of 19 full years positive. Best 2009 (+29.3%), worst 2008 (−14.1%). 2026 is year to date.
FXA annual returns table
| Year | FXA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.7% | −4.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.1% | −6.7% | +17.7% | +20.8% | +7.2% |
| 2024 | −7.7% | −10.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.2% | −11.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.5% | −18.3% | −18.2% | −32.6% | −13.0% |
| 2021 | −6.2% | −12.4% | +28.7% | +27.4% | −1.8% |
| 2020 | +9.5% | −17.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +0.1% | −7.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.8% | −12.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +9.1% | −6.6% | +21.7% | +32.7% | +3.6% |
| 2016 | −0.1% | −8.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −9.4% | −15.2% | +1.2% | +9.4% | +0.5% |
| 2014 | −6.9% | −14.0% | +13.5% | +19.2% | +6.0% |
| 2013 | −12.4% | −15.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +4.7% | −9.5% | +16.0% | +18.1% | +3.8% |
| 2011 | +4.0% | −12.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +17.9% | −12.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +29.3% | −12.9% | +26.4% | +54.7% | +3.0% |
| 2008 | −14.1% | −37.3% | −36.8% | −41.7% | +7.9% |
| 2007 | +17.0% | −10.4% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FXA largest drawdowns
Now 24.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 11, 2013 | −41.0% | Mar 19, 2020 | not yet | 6.9 years | 13.5 years so far |
| Jul 15, 2008 | −37.3% | Oct 27, 2008 | Nov 16, 2009 | 3 months | 1.3 years |
| Apr 14, 2010 | −12.9% | Jun 7, 2010 | Sep 9, 2010 | 54 days | 5 months |
| Jul 27, 2011 | −12.7% | Oct 4, 2011 | Feb 7, 2012 | 2 months | 6 months |
| Jul 25, 2007 | −10.4% | Aug 16, 2007 | Sep 26, 2007 | 22 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FXA risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +4.0% | +0.1% | −0.3% | +1.6% |
| Volatility (annualized) | 8.8% | 10.1% | 9.7% | 12.3% |
| Sharpe ratio | -0.01 | -0.30 | -0.22 | 0.08 |
| Sortino ratio | -0.01 | -0.38 | -0.30 | 0.12 |
| Best month | +4.5% | +6.2% | +6.2% | +10.3% |
| Worst month | −4.9% | −6.6% | −6.6% | −15.4% |
| Best 12 months | +15.9% | +15.9% | +23.2% | +43.5% |
| Worst 12 months | −7.7% | −15.2% | −15.2% | −27.8% |
| Positive months | 61% | 57% | 49% | 54% |
| Beta vs S&P 500 | 0.34 | 0.40 | 0.39 | — |
| Correlation with S&P 500 | 0.47 | 0.62 | 0.62 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FXA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −27.8% | +0.2% | +43.5% | 52% |
| 3-year (a year) | 209 | −10.6% | −0.4% | +22.8% | 46% |
| 5-year (a year) | 185 | −5.5% | −1.0% | +12.3% | 37% |
| 10-year (a year) | 125 | −4.0% | −0.9% | +3.4% | 32% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
FXA performance overview
Invesco CurrencyShares Australian Dollar ETF (FXA) returned +9.5% over the past year and −0.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +1.7% a year, turning $10,000 into about $14,183. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.0%, from Apr 11, 2013 to Mar 19, 2020; the fund has not yet regained that high. FXA finished 10 of its 19 full calendar years with a gain; the best year was 2009 (+29.3%) and the worst 2008 (−14.1%). Volatility has been 12.3% a year.
Related: FXA chart, FXA dividends. See the FXA overview for the latest quote and fund facts.
FXA performance FAQ
What is the FXA return over the past year?
FXA returned +9.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.1%.
What is the average annual return of FXA?
FXA has returned −0.2% a year over 5 years, −0.1% a year over 10 years, +1.7% a year since June 26, 2006 (total return, distributions reinvested).
How much would $10,000 invested in FXA be worth?
$10,000 invested in FXA at its first recorded close on June 26, 2006 would be worth about $14,183 on October 23, 2026 with distributions reinvested.
What was the worst year for FXA?
The worst calendar year was 2008, with a total return of −14.1%. The best was 2009 at +29.3%.
What is the biggest drawdown of FXA?
The largest peak-to-trough decline was −41.0% between April 11, 2013 and March 19, 2020. It has not yet recovered to that high; it is 24.9% below its peak.
How volatile is FXA?
Over the past 3 years FXA had an annualized volatility of 8.8% and a Sharpe ratio of -0.01 (excess return over 1–3 month T-bills per unit of risk).