FXB
Invesco CurrencyShares British Pound Sterling Trust
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-07
Executive Summary
The quantitative backtest for FXB (Invesco CurrencyShares British Pound Sterling Trust) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -21.7% (compared to the benchmark's drawdown of -47.7%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 0.1%, compared to a Buy-and-Hold benchmark return of -1.7%. The strategy executed 13 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Strategy Model 4 Models Available
Compare quantitative moving average overlays for FXB:
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active Model
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Trading Horizon
Select risk profile & execution style for FXB:
🛡️ Long-Term Investing Active Horizon
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
🛡️ FXB Drawdown Shield & Downside Protection
Why Drawdown Dictates Longevity →Peak Drawdown Defense
-21.7% (vs -47.7% B&H)
+26.0% shallower drawdown
Downside Efficiency
0.02 Sortino
Downside risk-adjusted return
Capital Sheltered from Risk
39.1% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.
📊 FXB Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| Max Drawdown | -4.35% | -4.35% | -9.93% | -22.93% | -19.86% | -26.11% | -21.71% | -47.73% |
| Sharpe Ratio | 0.44 | 0.44 | 0.33 | 0.19 | 0.22 | 0.11 | 0.02 | -0.18 |
| Sortino Ratio | 0.72 | 0.72 | 0.41 | 0.27 | 0.24 | 0.15 | 0.02 | -0.23 |
| CAGR | 2.81% | 2.81% | 1.90% | 1.59% | 1.38% | 0.91% | 0.10% | -1.70% |
| % Time Invested | 100.0% | 100.0% | 65.7% | 100.0% | 62.8% | 100.0% | 60.9% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 0.4 | 0.0 | 0.6 | 0.0 | 0.7 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
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Loading Top Diversifiers for FXB... Top Diversifiers for FXB
Explore Correlation Across Horizons →Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.
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|---|---|---|---|
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Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Subscribe to Unlock | ||||||||
| 2025-01-10 | 2025-04-03 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.96% | Interest Income | |
| 2023-12-15 | 2025-01-10 | Completed | 100% | $113.69 | $113.46 | -0.26% | Signal | |
| 2023-11-02 | 2023-12-15 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.64% | Interest Income | |
| 2023-01-18 | 2023-11-02 | Completed | 100% | $108.49 | $108.66 | 0.11% | Signal | |
| 2021-09-03 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.28% | Interest Income | |
| 2020-05-01 | 2021-09-03 | Completed | 100% | $109.76 | $120.65 | 9.87% | Signal | |
| 2020-04-07 | 2020-05-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2019-12-03 | 2020-04-07 | Completed | 100% | $113.97 | $108.37 | -4.96% | Signal | |
| 2019-06-05 | 2019-12-03 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.95% | Interest Income | |
| 2019-03-18 | 2019-06-05 | Completed | 100% | $116.29 | $111.59 | -4.09% | Signal | |
| 2018-06-21 | 2019-03-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.65% | Interest Income | |
| 2017-05-19 | 2018-06-21 | Completed | 100% | $114.71 | $116.32 | 1.35% | Signal | |
| 2015-11-05 | 2017-05-19 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.61% | Interest Income | |
| 2015-04-30 | 2015-11-05 | Completed | 100% | $136.32 | $135.01 | -1.01% | Signal | |
| 2014-09-22 | 2015-04-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2013-03-22 | 2014-09-22 | Completed | 100% | $135.70 | $145.23 | 6.97% | Signal | |
| 2013-02-27 | 2013-03-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-09-20 | 2013-02-27 | Completed | 100% | $144.88 | $135.54 | -6.50% | Signal | |
| 2012-07-09 | 2012-09-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2012-01-26 | 2012-07-09 | Completed | 100% | $140.80 | $138.92 | -1.39% | Signal | |
| 2011-10-03 | 2012-01-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-09-10 | 2011-10-03 | Completed | 100% | $138.59 | $139.15 | 0.35% | Signal | |
| 2010-02-08 | 2010-09-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2009-05-28 | 2010-02-08 | Completed | 100% | $144.12 | $140.66 | -2.45% | Signal | |
| 2008-08-26 | 2009-05-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.28% | Interest Income | |
| 2008-07-25 | 2008-08-26 | Completed | 100% | $177.75 | $164.72 | -7.38% | Signal | |
| 2008-07-23 | 2008-07-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |