^DXY vs. USDU
Compare and contrast key facts about US Dollar Currency Index (^DXY) and WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU).
USDU is an actively managed fund by WisdomTree. It was launched on Dec 18, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^DXY or USDU.
Correlation
The correlation between ^DXY and USDU is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^DXY vs. USDU - Performance Comparison
Key characteristics
^DXY:
0.45
USDU:
1.78
^DXY:
0.68
USDU:
2.60
^DXY:
1.08
USDU:
1.32
^DXY:
0.07
USDU:
3.02
^DXY:
1.17
USDU:
8.30
^DXY:
2.30%
USDU:
1.14%
^DXY:
5.88%
USDU:
5.32%
^DXY:
-56.70%
USDU:
-14.53%
^DXY:
-35.26%
USDU:
-2.08%
Returns By Period
In the year-to-date period, ^DXY achieves a -1.70% return, which is significantly lower than USDU's -1.12% return. Over the past 10 years, ^DXY has underperformed USDU with an annualized return of 1.10%, while USDU has yielded a comparatively higher 2.77% annualized return.
^DXY
-1.70%
-1.41%
5.88%
2.58%
1.28%
1.10%
USDU
-1.12%
-0.94%
8.11%
9.61%
3.73%
2.77%
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Risk-Adjusted Performance
^DXY vs. USDU — Risk-Adjusted Performance Rank
^DXY
USDU
^DXY vs. USDU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Dollar Currency Index (^DXY) and WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^DXY vs. USDU - Drawdown Comparison
The maximum ^DXY drawdown since its inception was -56.70%, which is greater than USDU's maximum drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for ^DXY and USDU. For additional features, visit the drawdowns tool.
Volatility
^DXY vs. USDU - Volatility Comparison
US Dollar Currency Index (^DXY) has a higher volatility of 2.04% compared to WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) at 1.75%. This indicates that ^DXY's price experiences larger fluctuations and is considered to be riskier than USDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.