FXY - Invesco CurrencyShares Japanese Yen Trust
The Invesco CurrencyShares Japanese Yen Trust is an exachange-traded fund designed to track the price of the Japanese yen, net of trust expenses. The investment objective of the Trust is for the Shares to reflect the price in USD of the Japanese Yen. The Shares are intended to offer investors an opportunity to participate in the market for the Japanese Yen through an investment in securities.
As of Aug 14, 2026: spot at $57.56, ATM IV 7.6%, max pain $56.00, net GEX $26.0M.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $440.1M
- Beta
- 0.20
- 52-Week Range
- 55.96-63.26
- IPO Date
- Feb 13, 2007
- Exchange
- AMEX
What FXY Looks Like to Options Traders Today
IV rank of 1.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($26.0M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.017) is roughly flat across the wings.
What This Page Covers
The FXY overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FXY overview questions
- What is FXY?
- FXY is the ticker symbol for Invesco CurrencyShares Japanese Yen Trust, an listed exchange-traded fund. The Invesco CurrencyShares Japanese Yen Trust is an exachange-traded fund designed to track the price of the Japanese yen, net of trust expenses. The investment objective of the Trust is for the Shares to reflect the price in USD of the Japanese Yen. Listed on AMEX. FXY is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the FXY options snapshot look like today?
- As of Aug 14, 2026, the FXY options snapshot shows spot at $57.56, ATM IV 7.6%, IV rank 1.6%, max pain $56.00, net GEX $26.0M, expected move 2.18%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are FXY's key statistics?
- Invesco CurrencyShares Japanese Yen Trust (FXY) carries a market capitalization of $440.1M, 52-week range of 55.96-63.26. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FXY belong to?
- Invesco CurrencyShares Japanese Yen Trust operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FXY's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FXY data on this page?
- The options snapshot above is dated Aug 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.