Snapshot*
Top 10 Holdings
What is FXE?
The Invesco CurrencyShares Euro Trust (the "trust") is designed to track the price of the euro, and trades under the ticker symbol FXE. The euro is the currency of 19 European Union countries. The Fund is rebalanced quarterly.
ETFs related toFXE
ETFs correlated to FXE include UDN, IBND, FXF
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
News Related to FXE
Asia Ex-Japan Markets Up, Europe Slips, While Dollar Extends Slide - Global Markets Today While US Slept
May 21, 2025 • by Akanksha Bakshi
Asia Mixed, Europe Markets Gain, Dollar Index Slips Amid Credit Rating Downgrade - Global Markets Today While US Slept
May 20, 2025 • by Akanksha Bakshi
Asia And Europe Markets Dip, Dollar Slips After US Credit Downgrade - Global Markets Today While US Slept
May 19, 2025 • by Akanksha Bakshi
Asia Markets Mixed, Europe Advances, Dollar Pressured By Soft US Inflation Data - Global Markets Today While US Slept
May 16, 2025 • by Akanksha Bakshi
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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.