This summary was created by AI, based on 1 opinions in the last 12 months.
The Currency Share Canadian Dollar ETF (FXC) is a unique investment vehicle that allows exposure to the Canadian Dollar (C$). However, it is important to note that holding such ETFs is often seen as more of a speculative bet on currency movements rather than a traditional investment. With assets amounting to $61 million and an expense ratio of 0.40%, FXC has encountered a decline of 4.4% over the past year, which correlates with the depreciation of the C$. Experts express a preference for U.S. dollars (US$) over C$, indicating a general cautious stance toward FXC at present. Overall, while it may serve a purpose for those seeking currency exposure, it lacks the stability that more conventional investments offer.
(Top Pick Mar 18/13, Up 1.93%)
Canadian dollar ETF tends to rise in Apr and May. Hedges your portfolio. Expect about 2% but add more if you are using it as a hedge.
Currency Share Canadian Dollar ETF is a American stock, trading under the symbol FXC-N on the NYSE Arca (FXC). It is usually referred to as AMEX:FXC or FXC-N
In the last year, 1 stock analyst published opinions about FXC-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Currency Share Canadian Dollar ETF.
Currency Share Canadian Dollar ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Currency Share Canadian Dollar ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Currency Share Canadian Dollar ETF published on Stockchase.
On 2025-03-14, Currency Share Canadian Dollar ETF (FXC-N) stock closed at a price of $68.06.
There are not a lot of options other than just holding C$ cash. There is an ETF that represents the C$, symbol FXC in NY. Assets are $61M, fees 0.40%, no leverage. It is down 4.4% in the past year with the C$ falling. Generally, we would view such securities as a 'bet' on a currency, rather than an investment. We would, today, still prefer the US$ overall.
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