# Does Currency Hedging Give an Edge? ![rw-book-cover](https://readwise-assets.s3.amazonaws.com/static/images/article1.be68295a7e40.png) ## About - Author: vanguard.com.au - Title: Does Currency Hedging Give an Edge? - Tags: #articles - URL: https://www.vanguard.com.au/personal/learn/smart-investing/investing-strategy/does-currency-hedging-give-edge ## Highlights Currency's movements (and how they move with equities) are incredibly difficult to predict, so investors should treat currency hedging as a way to manage risk, not to add return. - Note: Hedging is a form of insurance against currency fluctuations, not as a way to increase gains. ---