FXC — what changed in the latest 10-Q
A section-by-section comparison of FXC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-07 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −3 | ~4 | 9 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-07
The Canadian dollar (CAD) delivered negative performance during the second quarter of 2026 as strength in the U.S. Dollar ("USD") outweighed support from elevated oil prices. Middle East tensions initially lifted crude oil prices and supported Canada’s energy-export-driven economy, but easing concer…
The Canadian Dollar (CAD/USD) moved higher in the second quarter of 2025, helped by continued weakness in the USD and a shift in domestic interest rate expectations. Canadian inflation data in June came in stronger than expected, making it less likely that the Bank of Canada will cut rates in July. …
The Canadian dollar (CAD) delivered negative performance year-to-date through the second quarter of 2026, as persistent USD strength more than offset the benefits of Canada's commodity exposure. Early in the year, elevated crude oil prices and Canada's position as a major energy exporter provided su…
The Canadian Dollar (CAD/USD) appreciated year-to-date through the second quarter of 2025, supported mainly by continued weakness in the USD. In the first quarter of 2025, the CAD remained mostly flat as falling oil prices, tariff tensions with the U.S., and broader risk-off sentiment weighed on per…
Additionally, the interest rate paid by the Depository has generally remained flat over the past year to the current interest rate at 0.51%, as set forth in the FXC Rate Chart above. As long as the interest income, if any, exceeds the Sponsor's fee and the interest expense on currency deposits, the …
Text removed vs the prior filing · source: 10-Q · 2026-05-07
The Canadian Dollar (CAD) received some support during the first quarter of 2026 from higher energy prices, reflecting Canada’s role as a major energy exporter. Despite this tailwind, the Fund posted negative performance as broad gains in the U.S. dollar placed sustained pressure on the currency. Wh…
The Canadian Dollar ended the first quarter of 2025 flat. Despite U.S. dollar weakness due to recession and stagflation concerns, tariff tensions with the US and plunging oil prices kept the lid on gains. With Canada being one of the first targets of President Trump’s tariff policies, the country’s …
Additionally, the interest rate paid by the Depository has remained flat over the past year to the current interest rate of 0.51%, as set forth in the FXC Rate Chart above. As long as the interest income, if any, exceeds the Sponsor's fee and the interest expense on currency deposits, the Trust will…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice