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1-Star ETFs Poised to Plunge: CurrencyShares Australian Dollar Trust?

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 (NYSEMKT: FXA  ) 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


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


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

5.6% / 8% / 7.1%


iShares MSCI Australia Index¬† (NYSEMKT: EWA  )
iPath Dow Jones-UBS Commodity Index

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' (NYSE: GS  ) ] 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.

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Related Tickers

9/28/2016 3:59 PM
FXA $76.91 Up +0.20 +0.26%
CurrencyShares AUD… CAPS Rating: *
DJP $23.45 Up +0.30 +1.30%
iPath Dow Jones-AI… CAPS Rating: *****
EWA $20.98 Up +0.24 +1.16%
iShares MSCI Austr… CAPS Rating: **
GS $163.45 Up +0.56 +0.34%
Goldman Sachs CAPS Rating: ***