Getting Creative With Currency ETFs

ETFs have become popular in recent years as tools for establishing low cost and tax-efficient exposure to traditional asset classes such as stocks and bonds. But the exchange-traded structure also carries appeal as a means of accessing asset classes that have historically be hard-to-reach or difficult to efficiently maintain. That is certainly the case in the commodity space, as investors have embraced a comprehensive lineup of exchange-traded commodity products as a way to bet on natural resource prices. Many have also turned to ETFs for currency exposure, whether it be hedging against exposure maintained elsewhere in a portfolio or speculating on movements in exchange rates. There are currently 30 ETFs in the Currency ETFdb Category with aggregate assets in excess of $5.5 billion. The majority of those products offer exposure to the value of a single foreign currency relative to the U.S. dollar, including the Chinese yuan, Swedish krona, and [...] Click here to read the original article on ETFdb.com. Related Posts: Inside The Not-So-Simple Currency ETFs Currency Carry Trade ETFs Head To Head: DBV vs. ICI Eaton Vance Gets Active ETF Approval March ETF Roundup: Launches, Filings, and Closures iShares Gets Active ETF Approval