Invesco CurrencyShares Canadian Dollar ETF (FXC) Performance

NYSE Arca: FXCTotal returns, calendar years, drawdowns and risk since 2006.

FXC total return

Distributions reinvested · as of Oct 23, 2026
YTD
−1.9%
since Dec 31, 2025
1 year
−0.0%
total return
5 years
−1.5%
a year
10 years
+0.0%
a year
Since first price
−0.5%
a year since 2006

FXC trailing returns vs SPY, QQQ, AGG

FXC trailing returns
PeriodFXC total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.7%+0.7%−1.0%−5.0%+0.9%
3 months+0.6%+0.6%+3.2%+1.9%−0.4%
6 months−2.2%−2.2%+7.8%+8.4%−1.5%
YTD−1.9%−2.0%+12.3%+15.1%−1.0%
1 year−0.0%−0.2%+14.4%+15.9%−1.1%
3 years+0.8%+0.3%/yr−2.4%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years−7.3%−1.5%/yr−12.0%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years+0.3%+0.0%/yr−6.0%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years−24.0%−1.8%/yr−29.2%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
20 years−9.8%−0.5%/yr−21.5%+696.9%+10.9%/yr+1,839.9%+16.0%/yr+79.6%+3.0%/yr
Since inceptionJun 26, 2006−9.2%−0.5%/yr−21.8%———

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: FXC vs SPY

FXCS&P 500 (SPY)

From Jun 26, 2006: FXC grew to $9,075, SPY to $88,028.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

FXC returns by calendar year

FXCSPY

11 of 19 full years positive. Best 2007 (+21.7%), worst 2008 (−16.4%). 2026 is year to date.

FXC annual returns table

FXC calendar-year returns
YearFXCLargest dropSPYQQQAGG
2026YTD−1.9%−5.5%+12.3%+15.1%−1.0%
2025+5.2%−3.8%+17.7%+20.8%+7.2%
2024−6.0%−6.5%+24.9%+25.6%+1.3%
2023+4.3%−4.8%+26.2%+54.9%+5.7%
2022−6.4%−10.1%−18.2%−32.6%−13.0%
2021+0.2%−7.2%+28.7%+27.4%−1.8%
2020+1.9%−10.7%+18.3%+48.6%+7.5%
2019+5.9%−2.9%+31.2%+39.0%+8.5%
2018−7.5%−9.8%−4.6%−0.1%+0.1%
2017+6.7%−6.1%+21.7%+32.7%+3.6%
2016+2.7%−7.9%+12.0%+7.1%+2.4%
2015−16.2%−16.0%+1.2%+9.4%+0.5%
2014−8.4%−8.8%+13.5%+19.2%+6.0%
2013−6.3%−7.9%+32.3%+36.6%−2.0%
2012+2.7%−5.6%+16.0%+18.1%+3.8%
2011−1.8%−10.6%+1.9%+3.4%+7.7%
2010+5.0%−6.7%+15.1%+19.9%+6.4%
2009+15.2%−9.2%+26.4%+54.7%+3.0%
2008−16.4%−23.3%−36.8%−41.7%+7.9%
2007+21.7%−9.9%+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

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

FXC largest drawdowns

Now 29.4% below the high
FXC largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Nov 7, 2007−35.4%Jan 19, 2016not yet8.2 years19.0 years so far

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

FXC risk statistics

FXC risk statistics
Statistic3 years5 years10 yearsSince 2006
Annualized return−0.5%−1.4%−0.3%−0.6%
Volatility (annualized)6.0%6.2%6.5%8.7%
Sharpe ratio-0.80-0.77-0.36-0.17
Sortino ratio-0.98-0.91-0.47-0.24
Best month+4.4%+4.4%+4.4%+9.3%
Worst month−2.8%−4.8%−4.8%−11.3%
Best 12 months+7.2%+7.2%+13.5%+23.6%
Worst 12 months−6.0%−9.3%−9.3%−21.3%
Positive months47%48%46%49%
Beta vs S&P 5000.180.230.25—
Correlation with S&P 5000.370.590.59—

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.

FXC rolling returns

FXC rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year233−21.3%−0.7%+23.6%45%
3-year (a year)209−10.7%−0.2%+8.6%47%
5-year (a year)185−6.4%−0.6%+4.8%38%
10-year (a year)125−3.3%−2.0%+0.8%6%

Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.

FXC performance overview

Invesco CurrencyShares Canadian Dollar ETF (FXC) returned −0.0% over the past year and +0.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned −0.5% a year, turning $10,000 into about $9,075. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −35.4%, from Nov 7, 2007 to Jan 19, 2016; the fund has not yet regained that high. FXC finished 11 of its 19 full calendar years with a gain; the best year was 2007 (+21.7%) and the worst 2008 (−16.4%). Volatility has been 8.7% a year.

Related: FXC chart, FXC dividends. See the FXC overview for the latest quote and fund facts.

FXC performance FAQ

What is the FXC return over the past year?

FXC returned −0.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.2%.

What is the average annual return of FXC?

FXC has returned −1.5% a year over 5 years, +0.0% a year over 10 years, −0.5% a year since June 26, 2006 (total return, distributions reinvested).

How much would $10,000 invested in FXC be worth?

$10,000 invested in FXC at its first recorded close on June 26, 2006 would be worth about $9,075 on October 23, 2026 with distributions reinvested.

What was the worst year for FXC?

The worst calendar year was 2008, with a total return of −16.4%. The best was 2007 at +21.7%.

What is the biggest drawdown of FXC?

The largest peak-to-trough decline was −35.4% between November 7, 2007 and January 19, 2016. It has not yet recovered to that high; it is 29.4% below its peak.

How volatile is FXC?

Over the past 3 years FXC had an annualized volatility of 6.0% and a Sharpe ratio of -0.80 (excess return over 1–3 month T-bills per unit of risk).