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GSIG vs. UUP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GSIG vs. UUP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) and Invesco DB US Dollar Index Bullish Fund (UUP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


GSIG

1D
1M
6M
YTD
1Y
3Y*
5Y*
10Y*

UUP

1D
0.39%
1M
1.97%
6M
4.47%
YTD
5.44%
1Y
8.28%
3Y*
5.86%
5Y*
5.89%
10Y*
3.17%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GSIG vs. UUP - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
GSIG
Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF
0.68%6.69%4.72%6.06%-5.80%-0.81%1.59%
UUP
Invesco DB US Dollar Index Bullish Fund
5.44%-4.99%13.50%3.63%9.46%5.73%-6.98%

Correlation

The correlation between GSIG and UUP is -0.45, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.45

Correlation (3Y)
Calculated over the trailing 3-year period

-0.45

Correlation (5Y)
Calculated over the trailing 5-year period

-0.42

Correlation (All Time)
Calculated using the full available price history since Jul 9, 2020

-0.40

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Return for Risk

GSIG vs. UUP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSIG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


UUP
UUP Risk / Return Rank: 5151
Overall Rank
UUP Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
UUP Sortino Ratio Rank: 5050
Sortino Ratio Rank
UUP Omega Ratio Rank: 4949
Omega Ratio Rank
UUP Calmar Ratio Rank: 5757
Calmar Ratio Rank
UUP Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSIG vs. UUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) and Invesco DB US Dollar Index Bullish Fund (UUP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


GSIGUUPDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.25

Calmar ratioReturn relative to maximum drawdown

2.28

Martin ratioReturn relative to average drawdown

6.26

GSIG vs. UUP - Sharpe Ratio Comparison


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Drawdowns

GSIG vs. UUP - Drawdown Comparison


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Drawdown Indicators


GSIGUUPDifference

Max Drawdown

Largest peak-to-trough decline

-22.19%

Max Drawdown (1Y)

Largest decline over 1 year

-3.65%

Max Drawdown (3Y)

Largest decline over 3 years

-10.05%

Max Drawdown (5Y)

Largest decline over 5 years

-10.37%

Max Drawdown (10Y)

Largest decline over 10 years

-14.24%

Current Drawdown

Current decline from peak

-1.26%

Average Drawdown

Average peak-to-trough decline

-8.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.33%

Volatility

GSIG vs. UUP - Volatility Comparison


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Volatility by Period


GSIGUUPDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.45%

Volatility (6M)

Calculated over the trailing 6-month period

4.34%

Volatility (1Y)

Calculated over the trailing 1-year period

6.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.90%

GSIG vs. UUP - Expense Ratio Comparison

GSIG has a 0.14% expense ratio, which is lower than UUP's 0.75% expense ratio.


Dividends

GSIG vs. UUP - Dividend Comparison

GSIG's dividend yield for the trailing twelve months is around 4.00%, more than UUP's 3.25% yield.


PositionTTM202520242023202220212020201920182017
GSIG
Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF
4.00%4.61%4.59%3.51%2.21%1.04%0.45%0.00%0.00%0.00%
UUP
Invesco DB US Dollar Index Bullish Fund
3.25%3.43%4.48%6.44%0.89%0.00%0.00%2.03%1.08%0.10%

Frequently Asked Questions


GSIG and UUP have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GSIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GSIG is cheaper with a 0.14% expense ratio, compared with 0.75% for UUP.

GSIG has the higher dividend yield at 4.00%, compared with 3.25% for UUP.

GSIG is categorized as Corporate Bonds, while UUP is Currency. GSIG tracks FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index, while UUP tracks Deutsche Bank Long US Dollar Index (USDX) Futures Index. They also come from different issuers: Goldman Sachs and Invesco. Their fees differ too: 0.14% for GSIG and 0.75% for UUP.

Portfolio Optimizer

Find the right allocation for GSIG and UUP

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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