GNMA vs FXF

Comparison between ISHARES GNMA BOND ETF (GNMA, ETF) and Invesco CurrencyShares Swiss Franc Trust (FXF, ETF).

5-Year PerformanceFXF has outperformed GNMA, delivering a return of +1.9% compared to +0.5%

GNMA vs FXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GNMA(ETF)	FXF(ETF)
Net Assets	$429M	$431M
Expense Ratio	0.10%	0.40%
Max Drawdown	23.27%	35.58%
Sharpe Ratio	0.35	-0.73
5Y Beta	0.04	-0.10
5Y Dividends CAGR	20.40%	N/A

Net Assets

GNMA

$429M

Winner

FXF

$431M

Expense Ratio

Winner

GNMA

0.10%

FXF

0.40%

Max Drawdown

Winner

GNMA

23.27%

FXF

35.58%

Sharpe Ratio

Winner

GNMA

0.35

FXF

-0.73

5Y Beta

GNMA

0.04

Winner

FXF

-0.10

5Y Dividends CAGR

GNMA

20.40%

FXF

N/A

GNMA vs FXF - Historical Returns

Returns include dividend reinvestment.

Period	GNMA	FXF
1 month	-0.48%	-0.55%
3 months	-0.74%	-3.91%
6 months	+0.04%	-2.49%
1 year	+4.72%	-2.36%
5 years(CAGR)	+0.47%	+1.91%
10 years(CAGR)	+1.11%	+1.09%
Max(CAGR)	+1.33%	+1.64%

Winner

GNMA

-0.48%

FXF

-0.55%

Winner

GNMA

-0.74%

FXF

-3.91%

Winner

GNMA

+0.04%

FXF

-2.49%

Winner

GNMA

+4.72%

FXF

-2.36%

5Y(CAGR)

GNMA

+0.47%

Winner

FXF

+1.91%

10Y(CAGR)

Winner

GNMA

+1.11%

FXF

+1.09%

Max(CAGR)

GNMA

+1.33%

Winner

FXF

+1.64%

GNMA vs FXF - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	GNMA	FXF
2026	+0.60%	-2.83%
2025	+8.45%	+14.70%
2024	+1.71%	-6.46%
2023	+4.84%	+11.03%
2022	-10.46%	-1.57%
2021	-1.82%	-4.45%
2020	+3.43%	+8.45%
2019	+5.88%	+1.08%
2018	+0.79%	-2.27%
2017	+1.79%	+4.24%
2016	+0.96%	-2.62%
2015	+0.80%	-1.07%
2014	+6.51%	-9.80%
2013	-2.32%	+2.54%
2012	+1.55%	+1.42%
2011	N/A	-1.00%
2010	N/A	+9.94%
2009	N/A	+4.08%
2008	N/A	+6.11%
2007	N/A	+9.72%
2006	N/A	+2.39%

GNMA vs FXF Drawdown Comparison

The maximum drawdown for GNMA was -17.09%, occurring on Oct 20, 2022. Recovery took 1416 trading sessions.

The maximum drawdown for FXF was -35.58%, occurring on Nov 3, 2022. This drawdown has not yet recovered.

The current GNMA drawdown is -1.72%. The current FXF drawdown is -20.69%.

Rank	GNMA	FXF
#1	-17.09% Apr 8, 2020 - Nov 25, 2025	-35.58% Aug 9, 2011 - Nov 3, 2022
#2	-9.58% Aug 15, 2012 - Jan 20, 2016	-18.94% Mar 17, 2008 - Sep 27, 2010
#3	-3.06% Aug 10, 2016 - Sep 5, 2017	-5.35% Nov 26, 2007 - Jan 14, 2008
#4	-2.96% Sep 5, 2017 - Dec 28, 2018	-5.08% Oct 14, 2010 - Dec 22, 2010
#5	-2.61% Feb 27, 2026 - May 19, 2026	-4.80% Dec 5, 2006 - Jul 20, 2007
#6	-2.52% Mar 9, 2020 - Mar 24, 2020	-4.14% Dec 31, 2010 - Feb 24, 2011
#7	-1.33% Jun 15, 2012 - Jul 31, 2012	-4.07% Aug 4, 2006 - Nov 24, 2006
#8	-1.27% May 31, 2012 - Jun 15, 2012	-3.55% May 3, 2011 - May 27, 2011
#9	-1.25% Feb 11, 2016 - Jun 10, 2016	-2.88% Mar 17, 2011 - Apr 12, 2011
#10	-1.10% Aug 9, 2012 - Aug 15, 2012	-2.54% Jul 7, 2006 - Aug 4, 2006
#11	-1.05% Aug 2, 2012 - Aug 9, 2012	-2.40% Aug 3, 2007 - Sep 7, 2007
#12	-0.84% May 16, 2012 - May 31, 2012	-2.36% Jan 31, 2008 - Feb 26, 2008
#13	-0.84% Mar 13, 2012 - Mar 29, 2012	-2.20% Jun 3, 2011 - Jun 28, 2011
#14	-0.79% Nov 25, 2025 - Dec 31, 2025	-1.95% Jun 28, 2011 - Jul 12, 2011
#15	-0.72% Mar 28, 2019 - May 6, 2019	-1.86% Sep 28, 2007 - Oct 26, 2007

Correlation

Correlation between GNMA and FXF is -0.03 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.03

-101

Dividend Comparison (2006 - 2026)

GNMA vs FXF dividend yield comparison.

Year	GNMA	FXF
2026	2.12%	0.00%
2025	4.19%	0.00%
2024	4.15%	0.03%
2023	3.43%	0.02%
2022	2.01%	0.00%
2021	0.64%	0.00%
2020	1.89%	0.00%
2019	2.61%	0.00%
2018	2.41%	0.00%
2017	2.15%	0.00%
2016	1.89%	0.00%
2015	1.50%	0.00%
2014	1.22%	0.00%
2013	1.06%	0.00%
2012	1.29%	0.00%
2008	0.00%	1.14%
2007	0.00%	1.25%
2006	0.00%	0.30%