Invesco DB US Dollar Index Bullish Fund (UUP) belongs to the Currency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UUP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UUP
UUP charges 0.75% annually. There are 8 ETFs in the Currency category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco CurrencyShares Australian Dollar Trust | 0.40% | 99.73M | Jun 2006 | UUP vs FXA | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 0.40% | 77.34M | Jun 2006 | UUP vs FXB | |
| Invesco CurrencyShares® Canadian Dollar Trust | 0.40% | 69.07M | Jun 2006 | UUP vs FXC | |
| Invesco CurrencyShares® Euro Currency Trust | 0.40% | 332.07M | Dec 2005 | UUP vs FXE | |
| Invesco CurrencyShares® Swiss Franc Trust | 0.40% | 420.21M | Jun 2006 | UUP vs FXF |
Best Risk-Adjusted Alternatives to UUP
UUP has a PortfoliosLab risk / return rank of 49. No ETFs in the Currency category have higher risk-adjusted ranks; the top alternatives shown here go as high as 43.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 43 | 469.82M | Dec 2013 | UUP vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 40 | 15.59M | May 2009 | UUP vs CEW | |
| Invesco CurrencyShares Australian Dollar Trust | 28 | 99.73M | Jun 2006 | UUP vs FXA | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 11 | 77.34M | Jun 2006 | UUP vs FXB | |
| Invesco CurrencyShares® Euro Currency Trust | 6 | 332.07M | Dec 2005 | UUP vs FXE |
Top Performing UUP Alternatives (YTD)
UUP is at 5.03% YTD. No ETFs in the Currency category have higher YTD returns; the top-performing alternatives shown here go as high as 4.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco CurrencyShares Australian Dollar Trust | 4.70% | 99.73M | Jun 2006 | UUP vs FXA | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.41% | 469.82M | Dec 2013 | UUP vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | 2.76% | 15.59M | May 2009 | UUP vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | 0.45% | 77.34M | Jun 2006 | UUP vs FXB | |
| Invesco DB US Dollar Index Bearish Fund | -1.86% | 107.49M | Feb 2007 | UUP vs UDN |
Lowest Volatility Alternatives to UUP
UUP has 6.01% 1-year volatility. There are 3 ETFs in the Currency category with lower 1-year volatility, going as low as 4.34%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco CurrencyShares® Canadian Dollar Trust | 4.34% | 69.07M | Jun 2006 | UUP vs FXC | |
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | 5.59% | 469.82M | Dec 2013 | UUP vs USDU | |
| Invesco DB US Dollar Index Bearish Fund | 6.00% | 107.49M | Feb 2007 | UUP vs UDN | |
| Invesco CurrencyShares® Euro Currency Trust | 6.18% | 332.07M | Dec 2005 | UUP vs FXE | |
| WisdomTree Emerging Currency Strategy Fund | 6.31% | 15.59M | May 2009 | UUP vs CEW |
Lowest Drawdown Alternatives to UUP
UUP has a 1-year max drawdown of -3.65%. There is 1 ETF in the Currency category with a shallower 1-year drawdown, going as shallow as -3.64%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Bloomberg U.S. Dollar Bullish Fund | -3.64% | 469.82M | Dec 2013 | UUP vs USDU | |
| WisdomTree Emerging Currency Strategy Fund | -3.85% | 15.59M | May 2009 | UUP vs CEW | |
| Invesco CurrencyShares® British Pound Sterling Tru... | -4.35% | 77.34M | Jun 2006 | UUP vs FXB | |
| Invesco CurrencyShares Australian Dollar Trust | -4.82% | 99.73M | Jun 2006 | UUP vs FXA | |
| Invesco DB US Dollar Index Bearish Fund | -5.13% | 107.49M | Feb 2007 | UUP vs UDN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 64 | 18.38% | 481.14B | Mar 1999 | UUP vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 68 | 29.42% | 22.01B | Oct 2015 | UUP vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 64 | 18.41% | 100.59B | Oct 2020 | UUP vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 55 | 12.78% | 96.24B | Apr 2003 | UUP vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 83.34% | 2.58B | Jun 2021 | UUP vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 43 | 4.93% | 10.85B | May 2005 | UUP vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 68 | 18.13% | 20.11B | Dec 2005 | UUP vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 32 | 10.70% | 3.29B | Oct 2012 | UUP vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 55 | 17.03% | 7.45B | Mar 2005 | UUP vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 39 | 11.40% | 8.22B | Oct 2005 | UUP vs PPA |
Often Compared With UUP
Investors most often compare UUP with ^DXY, GLD, SPY. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare UUP with Any Fund or Stock
Compare UUP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UUP with funds that move differently
Invesco DB US Dollar Index Bullish Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UUP.
Explore UUP Diversifiers