LEO vs FXY

Comparison between BNY Mellon Strategic Municipals Inc (LEO, ETF) and Invesco CurrencyShares Japanese Yen Trust (FXY, ETF).

5-Year PerformanceLEO has outperformed FXY, delivering a return of -2.4% compared to -8.0%

LEO vs FXY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEO(ETF)	FXY(ETF)
Net Assets	$434M	$431M
Expense Ratio	N/A	0.40%
Max Drawdown	54.53%	56.78%
Sharpe Ratio	1.00	-1.64
5Y Beta	0.17	-0.12
5Y Dividends CAGR	-6.51%	N/A

Net Assets

Winner

LEO

$434M

FXY

$431M

Expense Ratio

LEO

N/A

FXY

0.40%

Max Drawdown

Winner

LEO

54.53%

FXY

56.78%

Sharpe Ratio

Winner

LEO

1.00

FXY

-1.64

5Y Beta

LEO

0.17

Winner

FXY

-0.12

5Y Dividends CAGR

LEO

-6.51%

FXY

N/A

LEO vs FXY - Historical Returns

Returns include dividend reinvestment.

Period	LEO	FXY
1 month	-0.63%	-1.00%
3 months	+0.40%	-2.23%
6 months	+1.47%	-3.19%
1 year	+14.69%	-10.02%
5 years(CAGR)	-2.38%	-8.01%
10 years(CAGR)	+0.99%	-4.75%
Max(CAGR)	+4.79%	-1.97%

Winner

LEO

-0.63%

FXY

-1.00%

Winner

LEO

+0.40%

FXY

-2.23%

Winner

LEO

+1.47%

FXY

-3.19%

Winner

LEO

+14.69%

FXY

-10.02%

5Y(CAGR)

Winner

LEO

-2.38%

FXY

-8.01%

10Y(CAGR)

Winner

LEO

+0.99%

FXY

-4.75%

Max(CAGR)

Winner

LEO

+4.79%

FXY

-1.97%

LEO vs FXY - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	LEO	FXY
2026	+2.00%	-4.05%
2025	+8.40%	+0.20%
2024	+6.40%	-10.24%
2023	-1.05%	-7.66%
2022	-23.74%	-12.55%
2021	+5.05%	-10.98%
2020	+4.86%	+4.51%
2019	+22.72%	-0.25%
2018	-12.42%	+1.92%
2017	+8.83%	+3.99%
2016	+3.50%	+1.78%
2015	+11.03%	-0.11%
2014	+15.50%	-12.91%
2013	-16.60%	-17.46%
2012	+14.70%	-12.01%
2011	+23.10%	+5.79%
2010	+3.15%	+13.59%
2009	+46.92%	-1.09%
2008	-27.48%	+20.73%
2007	-7.07%	+8.36%
2006	+13.96%	N/A
2005	+7.55%	N/A
2004	-7.35%	N/A
2003	+10.84%	N/A
2002	+6.78%	N/A
2001	+22.11%	N/A

LEO vs FXY Drawdown Comparison

The maximum drawdown for LEO was -47.31%, occurring on Oct 10, 2008. Recovery took 671 trading sessions.

The maximum drawdown for FXY was -56.78%, occurring on Jul 21, 2026. This drawdown has not yet recovered.

The current LEO drawdown is -17.18%. The current FXY drawdown is -56.78%.

Rank	LEO	FXY
#1	-47.31% May 7, 2007 - Jan 5, 2010	-56.78% Oct 28, 2011 - Jul 21, 2026
#2	-41.48% Aug 27, 2021 - Oct 25, 2023	-13.65% Dec 17, 2008 - Nov 27, 2009
#3	-30.28% Feb 25, 2020 - Feb 5, 2021	-12.05% Mar 17, 2008 - Oct 23, 2008
#4	-23.62% Jan 8, 2013 - Nov 3, 2015	-8.76% Nov 30, 2009 - Aug 3, 2010
#5	-21.68% Jan 21, 2004 - Sep 7, 2005	-7.63% Mar 17, 2011 - Jul 20, 2011
#6	-19.81% Sep 10, 2010 - Oct 12, 2011	-6.54% Mar 5, 2007 - Aug 16, 2007
#7	-17.32% Aug 1, 2017 - Jul 2, 2019	-6.40% Nov 26, 2007 - Jan 15, 2008
#8	-12.16% Jul 8, 2016 - Jul 11, 2017	-6.30% Oct 27, 2008 - Dec 1, 2008
#9	-11.77% Oct 1, 2002 - Apr 29, 2003	-4.53% Oct 29, 2010 - Mar 16, 2011
#10	-11.61% Jun 12, 2003 - Jan 7, 2004	-3.62% Sep 7, 2007 - Nov 7, 2007
#11	-9.85% Aug 28, 2001 - Dec 31, 2001	-3.21% Sep 14, 2010 - Oct 6, 2010
#12	-8.30% Sep 7, 2005 - Mar 29, 2006	-2.69% Jul 29, 2011 - Aug 9, 2011
#13	-6.69% Mar 12, 2012 - May 9, 2012	-1.91% Aug 16, 2007 - Sep 7, 2007
#14	-6.02% Nov 29, 2012 - Jan 8, 2013	-1.87% Feb 15, 2007 - Feb 27, 2007
#15	-5.98% Dec 31, 2001 - Apr 5, 2002	-1.80% Jan 30, 2008 - Feb 27, 2008

Correlation

Correlation between LEO and FXY is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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