ETFdb Realtime Rating & Analyst Report for FXA
FXA is a passive Grantor Trust that seeks to replicate the Australian Dollar. The fund is designed to track the price of the Australian dollar relative to the U.S. dollar.
| ETFdb Category | Expense Ratio | Inception Date | Issuer | Structure | YTD Return * |
|---|---|---|---|---|---|
| Currency | 0.40% | 2006-06-21 | Guggenheim | Grantor Trust | -6.78% |
FXA Realtime Rating: By Metric
| Metric | Metric Realtime Rating | A+ Metric Rated ETF |
|---|---|---|
| Liquidity | A | UUP |
| Expenses | A- | FXS |
| Performance |  |
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| Volatility | |
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| Dividend | |
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| Concentration | |
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The first adjacent table gives investors an individual Realtime Rating for FXA on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Currency ETFdb Category with the highest Metric Realtime Rating for each individual field.
FXA Realtime Rating: Overall
| ETFdb Rating Type | Overall Rating | A+ Overall Rated ETF |
|---|---|---|
| Realtime Rating (Overall) | |
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The second table shows the overall Realtime Rating for FXA, as well as the A+ Overall Rated ETF in FXA's Category. To view information on how the ETFdb Realtime Ratings work, click here.
ETFdb Analyst Report for FXA
This ETF offers exposure to the Australian dollar relative to the U.S. dollar, increasing in value when the Aussie dollar strengthens and declining when the American dollar appreciates. This fund could be appropriate for investors seeking to hedge exchange rate exposure or bet against the greenback....
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