Alec Young, international equity strategist for Standard & Poor’s, remarked that “currency diversification is a key benefit of international investing; you can make a case for the dollar being in a secular decline.”
Some of the top currency ETFs year-to-date in the ETF Analyzer include:
- WisdomTree Dreyfus Japanese Yen (NYSEArca: JYF), up 14.3%
- CurrencyShares Japanese Yen (NYSEArca: FXY), up 14.1%
- WisdomTree Dreyfus South African Rand (NYSEArca: SZR), up 12%
- CurrencyShares Australian Dollar (NYSEArca: FXA), up 11.9%
For more information on world currencies, visit our currency ETFs category.
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Max Chen contributed to this article.