PIFI vs FXA

Comparison between CLEARSHARES PITON INTERMEDIATE FIXED INCOME ETF (PIFI, ETF) and Invesco CurrencyShares Australian Dollar Trust (FXA, ETF).

5-Year PerformancePIFI has outperformed FXA, delivering a return of +1.0% compared to -1.1%

PIFI vs FXA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PIFI(ETF)	FXA(ETF)
Net Assets	$106M	$106M
Expense Ratio	0.45%	0.40%
Max Drawdown	11.71%	47.90%
Sharpe Ratio	-0.24	0.72
5Y Beta	0.00	0.25
5Y Dividends CAGR	190.01%	N/A

Net Assets

PIFI

$106M

Winner

FXA

$106M

Expense Ratio

PIFI

0.45%

Winner

FXA

0.40%

Max Drawdown

Winner

PIFI

11.71%

FXA

47.90%

Sharpe Ratio

PIFI

-0.24

Winner

FXA

0.72

5Y Beta

Winner

PIFI

0.00

FXA

0.25

5Y Dividends CAGR

PIFI

190.01%

FXA

N/A

PIFI vs FXA - Historical Returns

Returns include dividend reinvestment.

Period	PIFI	FXA
1 month	-0.20%	-1.79%
3 months	-0.88%	+0.70%
6 months	+0.03%	+6.63%
1 year	+3.23%	+9.30%
5 years(CAGR)	+1.00%	-1.11%
10 years(CAGR)	N/A	+0.16%
Max(CAGR)	+0.74%	+1.74%

Winner

PIFI

-0.20%

FXA

-1.79%

PIFI

-0.88%

Winner

FXA

+0.70%

PIFI

+0.03%

Winner

FXA

+6.63%

PIFI

+3.23%

Winner

FXA

+9.30%

5Y(CAGR)

Winner

PIFI

+1.00%

FXA

-1.11%

10Y(CAGR)

PIFI

N/A

FXA

+0.16%

Max(CAGR)

PIFI

+0.74%

Winner

FXA

+1.74%

PIFI vs FXA - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	PIFI	FXA
2026	-0.18%	+5.65%
2025	+6.32%	+8.81%
2024	+2.71%	-6.94%
2023	+4.39%	+2.43%
2022	-6.88%	-5.42%
2021	-1.29%	-5.63%
2020	+0.10%	+10.01%
2019	N/A	+0.73%
2018	N/A	-9.19%
2017	N/A	+8.86%
2016	N/A	+1.31%
2015	N/A	-8.71%
2014	N/A	-6.72%
2013	N/A	-13.31%
2012	N/A	+3.23%
2011	N/A	+4.61%
2010	N/A	+16.03%
2009	N/A	+29.45%
2008	N/A	-14.79%
2007	N/A	+16.79%
2006	N/A	+10.78%

PIFI vs FXA Drawdown Comparison

The maximum drawdown for PIFI was -10.59%, occurring on Oct 20, 2022. Recovery took 927 trading sessions.

The maximum drawdown for FXA was -40.97%, occurring on Mar 19, 2020. This drawdown has not yet recovered.

The current PIFI drawdown is -1.53%. The current FXA drawdown is -25.31%.

Rank	PIFI	FXA
#1	-10.59% Dec 31, 2020 - Sep 10, 2024	-40.97% Apr 11, 2013 - Mar 19, 2020
#2	-2.71% Sep 16, 2024 - Mar 31, 2025	-37.26% Jul 15, 2008 - Nov 16, 2009
#3	-1.93% Feb 27, 2026 - May 19, 2026	-12.87% Apr 14, 2010 - Sep 9, 2010
#4	-1.51% Apr 4, 2025 - Apr 29, 2025	-12.72% Jul 27, 2011 - Feb 7, 2012
#5	-1.24% Apr 30, 2025 - Jun 23, 2025	-10.37% Jul 25, 2007 - Sep 26, 2007
#6	-0.76% Jun 30, 2025 - Aug 1, 2025	-9.47% Mar 1, 2012 - Dec 14, 2012
#7	-0.67% Oct 22, 2025 - Nov 24, 2025	-7.46% Nov 7, 2007 - Feb 19, 2008
#8	-0.58% Nov 26, 2025 - Dec 29, 2025	-7.22% Nov 16, 2009 - Apr 6, 2010
#9	-0.54% Sep 16, 2025 - Oct 10, 2025	-5.41% Nov 4, 2010 - Dec 29, 2010
#10	-0.44% Jan 7, 2026 - Feb 5, 2026	-5.24% Feb 28, 2008 - Apr 22, 2008
#11	-0.41% Oct 2, 2020 - Dec 28, 2020	-4.20% Apr 29, 2011 - Jul 26, 2011
#12	-0.30% Aug 13, 2025 - Aug 22, 2025	-3.50% Jan 10, 2013 - Apr 10, 2013
#13	-0.23% Sep 10, 2024 - Sep 13, 2024	-3.47% Feb 28, 2011 - Mar 24, 2011
#14	-0.21% Aug 4, 2025 - Aug 13, 2025	-3.37% Dec 31, 2010 - Feb 25, 2011
#15	-0.19% Aug 29, 2025 - Sep 3, 2025	-3.30% Sep 5, 2006 - Oct 27, 2006

Correlation

Correlation between PIFI and FXA is 0.41 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.41

-101

Dividend Comparison (2006 - 2026)

PIFI vs FXA dividend yield comparison.

Year	PIFI	FXA
2026	0.78%	0.48%
2025	3.16%	1.16%
2024	2.92%	1.66%
2023	2.29%	0.98%
2022	1.22%	0.05%
2021	0.25%	0.00%
2020	0.00%	0.03%
2019	0.00%	0.53%
2018	0.00%	1.04%
2017	0.00%	0.83%
2016	0.00%	1.01%
2015	0.00%	1.52%
2014	0.00%	2.01%
2013	0.00%	2.14%
2012	0.00%	3.10%
2011	0.00%	4.01%
2010	0.00%	3.02%
2009	0.00%	2.07%
2008	0.00%	7.17%
2007	0.00%	5.18%
2006	0.00%	2.23%