HIMS vs. UUP

Last updated Jul 14, 2026

HIMS (Hims & Hers Health, Inc.) is a stock, while UUP (Invesco DB US Dollar Index Bullish Fund) is Currency fund tracking the Deutsche Bank Long US Dollar Index (USDX) Futures Index. Over the past 5 years, HIMS returned 30.00%/yr vs 5.89%/yr for UUP. At a correlation of -0.14, they often move in opposite directions.

Performance

HIMS vs. UUP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hims & Hers Health, Inc. (HIMS) and Invesco DB US Dollar Index Bullish Fund (UUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIMS achieves a 5.88% return, which is significantly higher than UUP's 5.44% return.

HIMS

• 1D: 0.00%
• 1M: 28.19%
• 6M: 6.31%
• YTD: 5.88%
• 1Y: -28.21%
• 3Y*: 57.14%
• 5Y*: 30.00%
• 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)

HIMS vs. UUP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HIMS Hims & Hers Health, Inc.	5.88%	34.28%	171.69%	38.85%	-2.14%	-55.14%	47.47%	1.23%
UUP Invesco DB US Dollar Index Bullish Fund	5.44%	-4.99%	13.50%	3.63%	9.46%	5.73%	-6.66%	-1.01%

Correlation

The correlation between HIMS and UUP is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.10
Correlation (5Y) Calculated over the trailing 5-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Sep 13, 2019	-0.14

Return for Risk

HIMS vs. UUP — Risk / Return Rank

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

HIMS

HIMS Risk / Return Rank: 34
HIMS Sharpe Ratio Rank: 31
HIMS Sortino Ratio Rank: 37
HIMS Omega Ratio Rank: 36
HIMS Calmar Ratio Rank: 33
HIMS Martin Ratio Rank: 35

UUP

UUP Risk / Return Rank: 51
UUP Sharpe Ratio Rank: 50
UUP Sortino Ratio Rank: 50
UUP Omega Ratio Rank: 49
UUP Calmar Ratio Rank: 57
UUP Martin Ratio Rank: 47

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.

HIMS vs. UUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hims & Hers Health, Inc. (HIMS) 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.

	HIMS	UUP	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	1.38	-1.69
Sortino ratio: Return per unit of downside risk	0.11	1.99	-1.88
Omega ratio: Gain probability vs. loss probability	1.01	1.25	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.36	2.28	-2.64
Martin ratio: Return relative to average drawdown	-0.57	6.26	-6.83

HIMS vs. UUP - Sharpe Ratio Comparison

The current HIMS Sharpe Ratio is -0.31, which is lower than the UUP Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of HIMS and UUP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HIMS vs. UUP - Drawdown Comparison

The maximum HIMS drawdown since its inception was -87.29%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for HIMS and UUP.

Drawdown Indicators

	HIMS	UUP	Difference
Max Drawdown Largest peak-to-trough decline	-87.29%	-22.19%	-65.10%
Max Drawdown (1Y) Largest decline over 1 year	-78.06%	-3.65%	-74.41%
Max Drawdown (3Y) Largest decline over 3 years	-78.88%	-10.05%	-68.83%
Max Drawdown (5Y) Largest decline over 5 years	-78.88%	-10.37%	-68.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-14.24%	—
Current Drawdown Current decline from peak	-49.99%	-1.26%	-48.73%
Average Drawdown Average peak-to-trough decline	-43.31%	-8.88%	-34.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.31%	1.33%	+47.98%

Volatility

HIMS vs. UUP - Volatility Comparison

Hims & Hers Health, Inc. (HIMS) has a higher volatility of 23.21% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 1.45%. This indicates that HIMS's price experiences larger fluctuations and is considered to be riskier than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIMS	UUP	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.21%	1.45%	+21.76%
Volatility (6M) Calculated over the trailing 6-month period	69.88%	4.34%	+65.54%
Volatility (1Y) Calculated over the trailing 1-year period	90.90%	6.03%	+84.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.61%	7.22%	+76.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.24%	6.90%	+70.34%

Dividends

HIMS vs. UUP - Dividend Comparison

HIMS has not paid dividends to shareholders, while UUP's dividend yield for the trailing twelve months is around 3.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HIMS Hims & Hers Health, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both HIMS and UUP in my portfolio?

HIMS and UUP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIMS or UUP?

HIMS has higher volatility (23.21%) compared to UUP (1.45%). In terms of maximum drawdown, HIMS dropped -87.29% vs UUP's -22.19%.

Which has better risk-adjusted returns?

UUP currently has the higher Sharpe Ratio (1.38 vs -0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.