Currency ETFs and ETNs offer a lot to a portfolio. Due to their advantages, they can be used as an easy way to enter the currency market. Currency ETFs can be used to hedge inflation, portfolio risk, and foreign risk. They can be used as a way to gain foreign investment exposure, emerging market exposure, and even exposure to a domestic currency. And they are a nice way just to diversify your portfolio.
However, before you can get started with currency ETFs, you need to know which ones are available. And that’s just what I have done for you. Here is a pretty thorough list of domestic and foreign currency ETFs and ETNs. Some currency ETFs on this list fall under two categories like inverse ETFs or leveraged ETFs, but I’ve broken them down so you can find the right match for your investing strategy.
Broad Currency ETFs
AYT – Barclays Global Emerging Markets Strategy (GEMS) Asia 8 Index ETN
ICI – Barclay’s iPath Optimized Currency Carry ETN
DBV – PowerShares DB G10 Currency Harvest ETF
CCX - WisdomTree Dreyfus Commodity Currency Fund
CEW – WisdomTree Dreyfus Emerging Currency ETF
HARD - US Golden Currency ETF
JEM - Barclays GEMS Index ETN
LEMB - iShares Emerging Markets Local Currency Bond Fund
PGD - Barclays Asian & Gulf Currency Reval ETN
ETFs that Track a Single Currency
United States Dollar ETFs
UUP - PowerShares DB US Dollar Index Bullish ETF
FSU - FactorShares 2X S&P500 Bull/USD Bear ETF
UDN - PowerShares US Dollar Bearish ETF
United States Dollar / Foreign Currency ETFs
GBB – iPath GBP / USD Exchange Rate ETN
CNY – Market Vectors Chinese Renminbi / USD ETN
ERO – iPath EUR / USD Exchange Rate ETN
INR – Market Vectors Indian Rupee / USD ETN
JYN – iPath JPY / USD Exchange Rate ETN
ADE - ELEMENTS Australian Dollar / USD Exchange Rate ETN
GDAY - ProShares Ultra Australian Dollar ETF
CROC - ProShares UltraShort Australian Dollar ETF
EGB - ELEMENTS British Pound /USD Exchange Rate ETN
ERE - ELEMENTS Euro / USD Exchange Rate ETN
CUD - ELEMENTS USD / Canadian Dollar Exchange Rate ETN
SZE - ELEMENTS USD / Swiss Franc Exchange Rate ETN
Euro ETFs
FXE - CurrencyShares Euro Trust ETF
ERO – iPath EUR / USD Exchange Rate ETN
EU – WisdomTree Dreyfus Euro ETF
EUFX - ProShares Short Euro ETF
ULE – ProShares Ultra Euro ETF
EUO – ProShares UltraShort Euro ETF
URR – Market Vectors Double Long Euro ETN
DRR - Market Vectors Double Short Euro ETN
ERE - ELEMENTS Euro / USD Exchange Rate ETN
British Pound ETFs
FXB – CurrencyShares British Pound Sterling Trust
GBB – iPath GBP/USD Exchange Rate ETN
EGB - ELEMENTS British Pound /USD Exchange Rate ETN
Japanese Yen ETFs
FXY – CurrencyShares Japanese Yen Trust
JYN – iPath JPY / USD Exchange Rate ETN
YCL – ProShares Ultra Yen ETF
YCS – ProShares UltraShort Yen ETF
Australian and New Zealand Dollar ETFs
FXA - CurrencyShares Australian Dollar Trust
ADE - ELEMENTS Australian Dollar / USD Exchange Rate ETN
GDAY - ProShares Ultra Australian Dollar ETF
CROC - ProShares UltraShort Australian Dollar ETF
Brazilian Real ETFs
BZF – WisdomTree Dreyfus Brazilian Real ETF
Canadian Dollar ETFs
FXC – Currency Shares Canadian Dollar Trust
CUD - ELEMENTS USD / Canadian Dollar Exchange Rate ETN
Chinese Currency ETFs
CNY – Market Vectors Chinese Renminbi / USD ETN
CYB - WisdomTree Dreyfus Chinese Yuan ETF
To see more China ETFs, look no further than our List of China ETFs and ETNs
Indian Rupee ETFs
INR – Market Vectors Indian Rupee / USD ETN
ICN - WisdomTree Dreyfus Indian Rupee ETF
Mexican Peso ETFs
FXM – CurrencyShares Mexican Peso Trust
Russian Ruble ETFs
XRU - CurrencyShares Russian Ruble Trust
Swedish Krona ETFs
FXS – CurrencyShares Swedish Krona Trust
Swiss Franc ETFs
FXF – CurrencyShares Swiss Franc Trust
SZE - ELEMENTS USD / Swiss Franc Exchange Rate ETN
Singapore Dollar ETFs
FXSG - CurrencyShares Singapore Dollar Trust
Currency Leveraged ETFs
YCL – ProShares Ultra Yen ETF
YCS – ProShares UltraShort Yen ETF
ULE – ProShares Ultra Euro ETF
EUO – ProShares UltraShort Euro ETF
URR – Market Vectors Double Long Euro ETN
DRR - Market Vectors Double Short Euro ETN
GDAY - ProShares Ultra Australian Dollar ETF
CROC - ProShares UltraShort Australian Dollar ETF
Currency Inverse ETFs
YCS – ProShares UltraShort Yen ETF
EUO – ProShares UltraShort Euro ETF
DRR - Market Vectors Double Short Euro ETN
UDN - PowerShares US Dollar Bearish ETF
CROC - ProShares UltraShort Australian Dollar ETF
As with any investment, make sure you conduct thorough research before making any trades. If you are interested in any of the above currency ETFs on this list, make sure you watch how they react to market conditions before you dive in.
And if you want to see all of the foreign funds available, look no further than our List of Foreign ETFs.
+Mark Kennedy
