FXE vs FRA

Comparison between Invesco CurrencyShares Euro Trust (FXE, ETF) and Blackrock Floating Rate Income Strategies Fund Inc (FRA, ETF).

5-Year PerformanceFRA has outperformed FXE, delivering a return of +6.6% compared to -0.2%

FXE vs FRA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FXE(ETF)	FRA(ETF)
Net Assets	$409M	$409M
Expense Ratio	0.40%	N/A
Max Drawdown	44.67%	61.81%
Sharpe Ratio	-0.65	-0.77
5Y Beta	-0.00	0.39
5Y Dividends CAGR	N/A	11.53%

Net Assets

FXE

$409M

Winner

FRA

$409M

Expense Ratio

FXE

0.40%

FRA

N/A

Max Drawdown

Winner

FXE

44.67%

FRA

61.81%

Sharpe Ratio

Winner

FXE

-0.65

FRA

-0.77

5Y Beta

Winner

FXE

-0.00

FRA

0.39

5Y Dividends CAGR

FXE

N/A

FRA

11.53%

FXE vs FRA - Historical Returns

Returns include dividend reinvestment.

Period	FXE	FRA
1 month	-1.87%	-0.33%
3 months	-1.82%	+3.91%
6 months	-3.08%	-0.56%
1 year	-1.02%	-4.46%
5 years(CAGR)	-0.17%	+6.56%
10 years(CAGR)	-0.05%	+6.44%
Max(CAGR)	+0.07%	+5.11%

FXE

-1.87%

Winner

FRA

-0.33%

FXE

-1.82%

Winner

FRA

+3.91%

FXE

-3.08%

Winner

FRA

-0.56%

Winner

FXE

-1.02%

FRA

-4.46%

5Y(CAGR)

FXE

-0.17%

Winner

FRA

+6.56%

10Y(CAGR)

FXE

-0.05%

Winner

FRA

+6.44%

Max(CAGR)

FXE

+0.07%

Winner

FRA

+5.11%

FXE vs FRA - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FXE	FRA
2026	-2.53%	-1.15%
2025	+15.55%	-3.57%
2024	-3.36%	+21.71%
2023	+6.37%	+24.07%
2022	-5.88%	-10.11%
2021	-8.08%	+19.27%
2020	+8.40%	-2.72%
2019	-1.97%	+18.72%
2018	-5.78%	-9.21%
2017	+14.54%	+0.49%
2016	-3.55%	+18.78%
2015	-9.98%	+2.35%
2014	-11.81%	-2.22%
2013	+3.90%	+1.55%
2012	+0.72%	+20.31%
2011	-2.84%	-4.69%
2010	-7.48%	+11.74%
2009	+3.32%	+66.49%
2008	-2.02%	-38.85%
2007	+14.49%	-3.77%
2006	+12.27%	+14.89%
2005	-0.88%	-2.46%
2004	N/A	+0.22%
2003	N/A	-1.38%

FXE vs FRA 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 FRA was -51.41%, occurring on Dec 15, 2008. Recovery took 655 trading sessions.

The current FXE drawdown is -29.29%. The current FRA drawdown is -9.66%.

Rank	FXE	FRA
#1	-43.32% Jul 11, 2008 - Sep 27, 2022	-51.41% Jun 19, 2007 - Jan 25, 2010
#2	-3.60% Nov 26, 2007 - Jan 14, 2008	-42.81% Jan 22, 2020 - Jan 14, 2021
#3	-3.54% Jan 23, 2006 - Apr 4, 2006	-21.89% Jun 2, 2011 - Aug 30, 2012
#4	-3.49% Apr 22, 2008 - Jul 2, 2008	-20.14% Apr 26, 2010 - May 12, 2011
#5	-3.04% Jun 2, 2006 - Aug 4, 2006	-18.78% Dec 16, 2024 - Aug 26, 2025
#6	-3.01% Dec 1, 2006 - Mar 15, 2007	-18.63% Feb 9, 2022 - Jul 14, 2023
#7	-2.74% Jan 30, 2008 - Feb 26, 2008	-15.86% May 2, 2018 - Dec 9, 2019
#8	-2.73% Jul 20, 2007 - Sep 7, 2007	-15.46% Aug 28, 2025 - Mar 27, 2026
#9	-2.63% Aug 21, 2006 - Nov 9, 2006	-14.87% May 24, 2013 - Sep 8, 2016
#10	-2.25% Apr 27, 2007 - Jul 2, 2007	-10.36% Mar 9, 2005 - Sep 5, 2006
#11	-2.09% Mar 17, 2008 - Mar 26, 2008	-7.92% Sep 22, 2023 - Dec 13, 2023
#12	-1.72% Jan 14, 2008 - Jan 30, 2008	-7.28% Jul 26, 2024 - Oct 4, 2024
#13	-1.52% Apr 5, 2006 - Apr 18, 2006	-6.18% Mar 11, 2010 - Apr 13, 2010
#14	-1.51% May 12, 2006 - Jun 2, 2006	-5.84% Oct 25, 2012 - Dec 21, 2012
#15	-1.47% Dec 16, 2005 - Jan 3, 2006	-5.65% Mar 26, 2013 - May 22, 2013

Correlation

Correlation between FXE and FRA is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101

Dividend Comparison (2003 - 2026)

FXE vs FRA dividend yield comparison.

Year	FXE	FRA
2026	0.37%	6.82%
2025	0.94%	12.61%
2024	2.28%	10.80%
2023	1.49%	10.44%
2022	0.01%	6.88%
2021	0.00%	5.96%
2020	0.00%	7.61%
2019	0.00%	6.44%
2018	0.00%	6.90%
2017	0.00%	5.31%
2016	0.00%	5.65%
2015	0.00%	6.17%
2014	0.00%	6.24%
2013	0.00%	6.38%
2012	0.00%	6.81%
2011	0.23%	6.92%
2010	0.01%	6.33%
2009	0.34%	7.77%
2008	3.57%	16.85%
2007	3.01%	9.50%
2006	1.97%	8.09%
2005	0.00%	7.49%
2004	0.00%	5.12%
2003	0.00%	0.38%