FXY ETF — Invesco CurrencyShares® Japanese Yen Trust

Invesco CurrencyShares® Japanese Yen Trust (FXY)

Updated October 16, 2026.

FXY is an ETF. its expense ratio is 0.40%. Total return is -29.9% over the past 19.7 years, 686.2 points behind SPY at 656.3%.

Invesco CurrencyShares Japanese Yen Trust is an ETF that aims to track the value of the Japanese Yen relative to the U.S. dollar, providing a straightforward way for investors to gain currency exposure without using traditional foreign exchange markets. The fund does not distribute income and has an expense ratio of 0.40%. It appeals to investors seeking direct exposure to yen currency movements rather than equity or bond returns.

FXY performance versus SPY

Price and return data through 2026-10-16.

Total return is -29.9% over the past 19.7 years, 686.2 points behind SPY at 656.3%. Over the past year its total return — price change plus distributions reinvested — is -5.1%. Its deepest 1-year drawdown was 8.4%.

FXY key facts

Issuer

Invesco

Asset type

ETF

Asset class

Cash

Inception date

02/12/2007

Expense ratio

0.40%

Distribution frequency

None

Last close

$58.00 (as of 2026-10-16)

AUM

$460,950,236

Average volume

52468.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Invesco; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FXY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.4%.

Who may consider FXY — and who may not

It is a weaker fit for investors who need monthly cash flow (FXY does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FXY

• All tickers starting with F

Frequently asked questions

More securities from Invesco.