Not all currency-related ETFs have floundered this year, but the ones that have impressed are not pure currency funds. Rather, currency hedged ETFs, which hold equity and currency positions, continue to be popular with investors. [Don’t Forget These Currency Hedged ETFs]

The WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ) has 2014 inflows of $568.2 million and recently became a $1 billion ETF while the db X-trackers MSCI EAFE Hedged Equity Fund (NYSEArca: DBEF) has pulled in nearly $270 million this year.

Inflows to HEDJ and DBEF could be a sign investors’ appetite for currency hedged ETFs extends beyond yen-related fare such as the WisdomTree Japan Hedged Equity Fund (NYSEArca: DXJ) and the db X-trackers MSCI Japan Hedged Equity Fund (NYSEArca: DBJP), two of 2013’s top asset-gathering ETFs.

CurrencyShares Euro Currency Trust

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of HEDJ.