Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, CurrencyShares Australian Dollar Trust (FXA 0.29%) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at FXA and see what CAPS investors are saying about the ETF right now.

FXA facts

Inception

June 2006

Total Net Assets

$665.1 million

Investment Approach

Seeks to track the price of the Australian dollar, net of trust expenses.

Expense Ratio

0.4%

1-Year / 3-Year / 5-Year Returns

5.6% / 8% / 7.1%

Alternatives

iShares MSCI Australia Index (EWA 0.51%)
iPath Dow Jones-UBS Commodity Index (DJP -0.09%)

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 35% of the 43 All-Star members who have rated FXA believe the ETF will underperform the S&P 500 going forward.

Just last month, one of those bears, Foolish colleague Andy Cross (TMFOpie), followed the lead of Wall Street smart-money and planted a red thumb on FXA:

I don't typically, if ever, invest over short-term time horizons and not much shorting. But I read about [Goldman Sachs' (GS 1.78%)] favorite trade idea for 2013 being short the AU dollar (and long Norwegian Krone). This is not any kind of recommendation though, more of something fun to watch and trade.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.