IShares Canada Index ETF and Currencyshares Canadian Dollar ETF-OPTIONS?

I have been buying iShares Canada index ETF options the last 3 months and they have performed well (except the last 2 weeks). Yesterday i added a Currencyshares Canada Dollar option without being to familiar with it (most of the charts look good though).My question?: By adding a CURRENCY ETF OPTION to a INDEX ETF OPTION does it make my investment more speculative and volatile?

MORE speculative??? You can't get much more speculative then currency options. But that's beside the point.

It sounds like one of your options tracks the Canadian stock market and the other tracks movement in the canadian dollar on the foreign exchange market. These two markets are linked but not very much so. That is to say, is the stock market goes down, that doesn't necessarily mean the the currency will also drop.

So, I would say no, your portfolio is not more volatile as a result of having those two investments in it.

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