Invesco Currencyshares Canadian Dollar Trust's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Invesco Currencyshares Canadian Dollar Trust (FXC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Invesco Currencyshares Canadian Dollar Trust vs Its Competitors
- TTM: Trailing 12-month revenue of 1M vs 15M combined for tracked competitors (3.4% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-25.8% annualized vs trailing 12 months), vs accelerating (+45.0%) for its tracked peer group.
- Growth: Invesco Currencyshares Canadian Dollar Trust generated -49.3% revenue growth year over year in Q2 2026, vs 56.2% for its tracked competitors combined.
- Profitability: Its 22.6% net margin compares with 59.9% for the peer group.
- Peer revenue share: Invesco Currencyshares Canadian Dollar Trust accounted for 1.8% of combined revenue among its tracked peer group, down from 5.2% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
FXC Sales vs. its Competitors, Q2 2026
Invesco Currencyshares Canadian Dollar Trust reported revenue contraction of 49.28 % year on year in Q2 2026, below its competitors' combined revenue growth of 56.18 %.
With a net margin of 22.63 %, Invesco Currencyshares Canadian Dollar Trust reported lower profitability than its competitors (59.92 %).
Invesco Currencyshares Canadian Dollar Trust generated 1.75 % of the combined sales of its peer group, down from 5.19 % a year earlier.
Invesco Currencyshares Canadian Dollar Trust vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Invesco Currencyshares Canadian Dollar Trust and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Invesco Currencyshares Canadian Dollar Trust's competitor groups requires a Commercial License.
For context: the Exchange Traded Funds Etf industry grew revenue 86.9% year over year, combined, vs -49.3% for Invesco Currencyshares Canadian Dollar Trust. Invesco Currencyshares Canadian Dollar Trust's share of combined industry revenue moved from 0.19% to 0.05%, a loss of 0.14 percentage points.
Invesco Currencyshares Canadian Dollar Trust's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | Yes | No | No | Yes |
| Competitors combined (8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
FXC Stock Performance relative to its Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Invesco Currencyshares Australian Dollar Trust | 282.9% | Outperformed |
| 2 | Invesco Db Us Dollar Index Bullish Fund | 282.9% | Outperformed |
| 3 | Invesco Currencyshares British Pound Sterling Trust | 282.9% | Outperformed |
| 4 | Invesco Currencyshares Euro Trust | 282.9% | Outperformed |
| 5 | Invesco Db Us Dollar Index Bearish Fund | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Invesco Currencyshares Canadian Dollar Trust's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Invesco Currencyshares Canadian Dollar Trust
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | 74.09 | 0.53 |
| Invesco Currencyshares Swiss Franc Trust | 462.78 | 0.46 |
| Invesco Currencyshares Japanese Yen Trust | 446.99 | - |
| Invesco Currencyshares Euro Trust | 410.30 | 5.25 |
| Invesco Currencyshares Australian Dollar Trust | 103.92 | 1.42 |
| Invesco Currencyshares British Pound Sterling Trust | 76.43 | 2.13 |
| SUBTOTAL | 1,574.50 | 15.88 |
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Sources: Invesco Currencyshares Canadian Dollar Trust's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Invesco Currencyshares Canadian Dollar Trust versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Invesco Currencyshares Canadian Dollar Trust's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | 74 | - | - |
| Invesco Currencyshares Swiss Franc Trust | 463 | - | - |
| Invesco Currencyshares Japanese Yen Trust | 447 | - | - |
| Invesco Currencyshares Euro Trust | 410 | - | - |
| Invesco Currencyshares Australian Dollar Trust | 104 | - | - |
| Invesco Currencyshares British Pound Sterling Trust | 76 | - | - |
| PEERS TOTAL | 1,500 | - | - |
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Invesco Currencyshares Canadian Dollar Trust's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Exchange Traded Funds Etf industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (22 companies). See the full Exchange Traded Funds Etf industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | - | 88.17 % (avg) | - |
| Operating Margin | 133.76 % | industry median | -18.2 pp |
| EBITDA Margin | - | 37.37 % (avg) | - |
| Capital Intensity (Capex / Revenue) | 0.00 % | 0.22 % (avg) | -0.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Invesco Currencyshares Canadian Dollar Trust's Valuation vs Competitive Position
Valuation multiples vs the Exchange Traded Funds Etf industry average (22 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Exchange Traded Funds Etf industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 437.5x | 38.5x | +399.0x |
| EV / EBITDA | - | 3.8x | - |
| P/B | - | 1.0x | - |
| Return on Equity | - | industry aggregate | - |
| Return on Invested Capital | - | 1.92 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Invesco Currencyshares Canadian Dollar Trust's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 180.02 % | 5.83 % | - | - | - | - | -32.82 % | -52.20 % |
| Operating Margin | 59.31 % | 134.22 % | - | - | - | 115.91 % | 116.62 % | 145.76 % |
| Return on Invested Capital | 0.17 % | 0.53 % | 0.21 % | 0.14 % | - | 3.03 % | - | 0.46 % |
| P/E | 212.7x | 129.1x | - | - | 541.7x | 46.2x | 48.3x | 213.5x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Invesco Currencyshares Canadian Dollar Trust's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 0.22 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Invesco Currencyshares Canadian Dollar Trust's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Invesco Currencyshares Canadian Dollar Trust's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Invesco Currencyshares Canadian Dollar Trust's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 18.2 points below the industry median.
- Latest-quarter revenue run-rate is decelerating (-25.8% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (100.00 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Invesco Currencyshares Canadian Dollar Trust's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | 64.18 | 64.22 | - |
| Invesco Currencyshares Swiss Franc Trust | 3,619.85 | 5,013.02 | - |
| Invesco Currencyshares Japanese Yen Trust | 12,343.32 | 12,343.46 | - |
| Invesco Currencyshares Euro Trust | 1,705.46 | 1,708.61 | - |
| Invesco Currencyshares Australian Dollar Trust | 1,404.51 | 1,409.42 | - |
| Invesco Currencyshares British Pound Sterling Trust | 13.46 | 13.52 | - |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Invesco Currencyshares Canadian Dollar Trust's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | Q2 2026 | -49.3 % | -79.7 % |
| Invesco Currencyshares Swiss Franc Trust | Q2 2026 | - | - |
| Invesco Currencyshares Japanese Yen Trust | Q2 2026 | - | - |
| Invesco Currencyshares Euro Trust | Q2 2026 | -22.1 % | -26.7 % |
| Invesco Currencyshares Australian Dollar Trust | Q2 2026 | +48.9 % | +54.8 % |
| Invesco Currencyshares British Pound Sterling Trust | Q2 2026 | -14.3 % | -16.9 % |
| PEERS TOTAL | +50.7 % | - |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Invesco Currencyshares Canadian Dollar Trust's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | Q2 2026 | - | - |
| Invesco Currencyshares Swiss Franc Trust | Q2 2026 | - | - |
| Invesco Currencyshares Japanese Yen Trust | Q2 2026 | - | - |
| Invesco Currencyshares Euro Trust | Q2 2026 | - | - |
| Invesco Currencyshares Australian Dollar Trust | Q2 2026 | - | - |
| Invesco Currencyshares British Pound Sterling Trust | Q2 2026 | - | - |
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Invesco Currencyshares Canadian Dollar Trust's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | 0.25% | 0.12% | 0.25% |
| Invesco Currencyshares Swiss Franc Trust | - | - | - |
| Invesco Currencyshares Japanese Yen Trust | - | - | - |
| Invesco Currencyshares Euro Trust | 0.77% | 0.38% | 0.77% |
| Invesco Currencyshares Australian Dollar Trust | 1.14% | 0.58% | 1.16% |
| Invesco Currencyshares British Pound Sterling Trust | 2.20% | 1.11% | 2.24% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Invesco Currencyshares Canadian Dollar Trust's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Invesco Currencyshares Canadian Dollar Trust | 430.63 | 139.08 |
| Invesco Currencyshares Swiss Franc Trust | - | 1,009.02 |
| Invesco Currencyshares Japanese Yen Trust | - | - |
| Invesco Currencyshares Euro Trust | 130.79 | 78.09 |
| Invesco Currencyshares Australian Dollar Trust | 90.04 | 73.27 |
| Invesco Currencyshares British Pound Sterling Trust | 43.58 | 35.88 |
| PEERS AVERAGE | 61.39 | 99.16 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.
