FXE vs CDX
Comparison between Invesco CurrencyShares Euro Trust (FXE, ETF) and SIMPLIFY HIGH YIELD ETF (CDX, ETF).
FXE vs CDX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FXE
$409M
CDX
$407M
Expense Ratio
FXE
0.40%
Winner
CDX
0.25%
Max Drawdown
FXE
44.67%
Winner
CDX
17.00%
Sharpe Ratio
Winner
FXE
-0.65
CDX
-0.84
5Y Beta
Winner
FXE
-0.00
CDX
0.41
FXE vs CDX - Historical Returns
Returns include dividend reinvestment.
1M
FXE
-1.87%
Winner
CDX
+0.19%
3M
FXE
-1.82%
Winner
CDX
-0.59%
6M
FXE
-3.08%
Winner
CDX
-1.28%
1Y
Winner
FXE
-1.02%
CDX
-1.34%
5Y(CAGR)
FXE
-0.17%
Winner
CDX
+4.36%
10Y(CAGR)
FXE
-0.05%
CDX
N/A
Max(CAGR)
FXE
+0.07%
Winner
CDX
+4.36%
FXE vs CDX - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | FXE | CDX |
|---|---|---|
| 2026 | -2.53% | -1.19% |
| 2025 | +15.55% | +8.81% |
| 2024 | -3.36% | +7.75% |
| 2023 | +6.37% | +12.25% |
| 2022 | -5.88% | -8.08% |
| 2021 | -8.08% | N/A |
| 2020 | +8.40% | N/A |
| 2019 | -1.97% | N/A |
| 2018 | -5.78% | N/A |
| 2017 | +14.54% | N/A |
| 2016 | -3.55% | N/A |
| 2015 | -9.98% | N/A |
| 2014 | -11.81% | N/A |
| 2013 | +3.90% | N/A |
| 2012 | +0.72% | N/A |
| 2011 | -2.84% | N/A |
| 2010 | -7.48% | N/A |
| 2009 | +3.32% | N/A |
| 2008 | -2.02% | N/A |
| 2007 | +14.49% | N/A |
| 2006 | +12.27% | N/A |
| 2005 | -0.88% | N/A |
FXE vs CDX Drawdown Comparison
The maximum drawdown for FXE was -43.32%, occurring on Sep 27, 2022. This drawdown has not yet recovered.
The maximum drawdown for CDX was -13.23%, occurring on Oct 20, 2022. Recovery took 429 trading sessions.
The current FXE drawdown is -29.29%. The current CDX drawdown is -6.52%.
| Rank | FXE | CDX |
|---|---|---|
| #1 | -43.32% Jul 11, 2008 - Sep 27, 2022 | -13.23% Mar 2, 2022 - Nov 14, 2023 |
| #2 | -3.60% Nov 26, 2007 - Jan 14, 2008 | -8.88% Apr 9, 2025 - Apr 11, 2025 |
| #3 | -3.54% Jan 23, 2006 - Apr 4, 2006 | -6.73% Apr 2, 2025 - Apr 9, 2025 |
| #4 | -3.49% Apr 22, 2008 - Jul 2, 2008 | -3.14% Oct 3, 2024 - Jan 21, 2025 |
| #5 | -3.04% Jun 2, 2006 - Aug 4, 2006 | -2.41% Mar 19, 2024 - May 15, 2024 |
| #6 | -3.01% Dec 1, 2006 - Mar 15, 2007 | -1.65% May 15, 2024 - Jun 12, 2024 |
| #7 | -2.74% Jan 30, 2008 - Feb 26, 2008 | -1.64% Mar 3, 2025 - Mar 20, 2025 |
| #8 | -2.73% Jul 20, 2007 - Sep 7, 2007 | -1.47% Mar 20, 2025 - Apr 2, 2025 |
| #9 | -2.63% Aug 21, 2006 - Nov 9, 2006 | -1.28% Dec 27, 2023 - Jan 10, 2024 |
| #10 | -2.25% Apr 27, 2007 - Jul 2, 2007 | -1.13% Jun 18, 2024 - Jul 8, 2024 |
| #11 | -2.09% Mar 17, 2008 - Mar 26, 2008 | -1.05% Aug 5, 2024 - Aug 13, 2024 |
| #12 | -1.72% Jan 14, 2008 - Jan 30, 2008 | -1.05% Nov 14, 2023 - Nov 27, 2023 |
| #13 | -1.52% Apr 5, 2006 - Apr 18, 2006 | -0.96% Feb 1, 2024 - Feb 22, 2024 |
| #14 | -1.51% May 12, 2006 - Jun 2, 2006 | -0.85% Jan 21, 2025 - Feb 3, 2025 |
| #15 | -1.47% Dec 16, 2005 - Jan 3, 2006 | -0.80% Jan 12, 2024 - Feb 1, 2024 |
Correlation
Correlation between FXE and CDX is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
0.87
-101
Dividend Comparison (2006 - 2026)
FXE vs CDX dividend yield comparison.
| Year | FXE | CDX |
|---|---|---|
| 2026 | 0.37% | 3.34% |
| 2025 | 0.94% | 7.18% |
| 2024 | 2.28% | 12.60% |
| 2023 | 1.49% | 5.26% |
| 2022 | 0.01% | 7.51% |
| 2011 | 0.23% | 0.00% |
| 2010 | 0.01% | 0.00% |
| 2009 | 0.34% | 0.00% |
| 2008 | 3.57% | 0.00% |
| 2007 | 3.01% | 0.00% |
| 2006 | 1.97% | 0.00% |
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