Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Currency Share Canadian Dollar ETF (FXC-N) is designed to track the performance of the Canadian dollar against the US dollar. With assets totaling approximately $61 million and management fees set at 0.40%, it serves as a vehicle for investors looking to gain exposure to the Canadian dollar. However, the ETF has experienced a downturn of 4.4% over the past year, attributed to the declining value of the Canadian dollar. Experts generally view such currency ETFs as speculative 'bets' rather than solid investments. Given the current economic landscape, many prefer to hold US dollar assets over the Canadian dollar, indicating a cautious stance toward FXC-N as a long-term investment.

Consensus
Cautious
Valuation
Fair Value
Similar
ÜBÖ, USD
RISKY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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E.T.F.'s
PAST TOP PICK

(Top Pick Mar 18/13, Up 1.93%)

E.T.F.'s
TOP PICK

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.

E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 17/09. Up 62.76%.) Still loves this one. Pure play copper mining. Copper is still one of the best metals to be in going forward.
E.T.F.'s
TOP PICK
Currency Share Canadian Dollar ETF. Just tracks the value of the US$. Thinks the Cdn$ will rally against the US$ and will probably be above par in the 1st quarter of next year. That would probably be the trigger to sell. (Also has options so you could do covered calls.)
E.T.F.'s
COMMENT
Trades the US$ against the Canadian$. Not leveraged but are a one to one ratio.
E.T.F.'s
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Currency Share Canadian Dollar ETF(FXC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Currency Share Canadian Dollar ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Currency Share Canadian Dollar ETF(FXC-N) Frequently Asked Questions

What is Currency Share Canadian Dollar ETF stock symbol?

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

Is Currency Share Canadian Dollar ETF a buy or a sell?

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.

Is Currency Share Canadian Dollar ETF a good investment or a top pick?

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.

Why is Currency Share Canadian Dollar ETF stock dropping?

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.

Is Currency Share Canadian Dollar ETF worth watching?

In the last year, there was no coverage of Currency Share Canadian Dollar ETF published on Stockchase.

What is Currency Share Canadian Dollar ETF stock price?

On 2025-02-04, Currency Share Canadian Dollar ETF (FXC-N) stock closed at a price of $68.29.