LDDR vs. USDU

Last updated Aug 4, 2026

LDDR (LifeX 2035 Income Bucket ETF) and USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) are both exchange-traded funds - LDDR is a Target Retirement Date fund actively managed by Stone Ridge, while USDU is a Currency fund actively managed by WisdomTree. Both are actively managed. Over the past year, LDDR returned 1.42% vs 4.24% for USDU. Their -0.33 correlation means they have often moved in opposite directions in the past. LDDR charges 0.25%/yr vs 0.51%/yr for USDU.

Performance

LDDR vs. USDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2035 Income Bucket ETF (LDDR) and WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDDR achieves a -0.40% return, which is significantly lower than USDU's 2.71% return.

LDDR

• 1D: 0.12%
• 1M: -0.55%
• 6M: -0.28%
• YTD: -0.40%
• 1Y: 1.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.97%

USDU

• 1D: 0.04%
• 1M: -0.82%
• 6M: 3.48%
• YTD: 2.71%
• 1Y: 4.24%
• 3Y*: 4.91%
• 5Y*: 5.31%
• 10Y*: 2.77%
• ALL TIME*: 3.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LDDR LifeX 2035 Income Bucket ETF	$32.58K	$36.70K	$75.17K
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	$7.62M	$7.28M	$8.52M

LDDR vs. USDU - Yearly Performance Comparison

	2026 (YTD)	2025
LDDR LifeX 2035 Income Bucket ETF	-0.40%	6.74%
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	2.71%	-3.62%

Correlation

The correlation between LDDR and USDU is -0.43, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.43
Correlation (All Time) Calculated using the full available price history since Jan 6, 2025	-0.33

Return for Risk

LDDR vs. USDU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LDDR

LDDR Risk / Return Rank: 19
LDDR Sharpe Ratio Rank: 21
LDDR Sortino Ratio Rank: 19
LDDR Omega Ratio Rank: 18
LDDR Calmar Ratio Rank: 20
LDDR Martin Ratio Rank: 20

USDU

USDU Risk / Return Rank: 32
USDU Sharpe Ratio Rank: 31
USDU Sortino Ratio Rank: 31
USDU Omega Ratio Rank: 30
USDU Calmar Ratio Rank: 34
USDU Martin Ratio Rank: 35

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LDDR vs. USDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2035 Income Bucket ETF (LDDR) 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.

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.

	LDDR	USDU	Difference
Sharpe ratio: Return per unit of total volatility	0.48	0.78	-0.30
Sortino ratio: Return per unit of downside risk	0.70	1.17	-0.47
Omega ratio: Gain probability vs. loss probability	1.08	1.14	-0.06
Calmar ratio: Return relative to maximum drawdown	0.57	1.17	-0.60
Martin ratio: Return relative to average drawdown	1.33	3.43	-2.11

LDDR vs. USDU - Sharpe Ratio Comparison

The current LDDR Sharpe Ratio is 0.48, which is lower than the USDU Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of LDDR and USDU, 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

LDDR vs. USDU - Drawdown Comparison

The maximum LDDR drawdown since its inception was -2.50%, smaller than the maximum USDU drawdown of -14.54%. Use the drawdown chart below to compare losses from any high point for LDDR and USDU.

Drawdown Indicators

	LDDR	USDU	Difference
Max Drawdown Largest peak-to-trough decline	-2.50%	-14.54%	+12.04%
Max Drawdown (1Y) Largest decline over 1 year	-2.50%	-3.64%	+1.14%
Max Drawdown (3Y) Largest decline over 3 years	—	-7.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.54%	—
Current Drawdown Current decline from peak	-1.93%	-1.47%	-0.46%
Average Drawdown Average peak-to-trough decline	-0.78%	-4.67%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	1.24%	-0.17%

Volatility

LDDR vs. USDU - Volatility Comparison

The current volatility for LifeX 2035 Income Bucket ETF (LDDR) is 0.77%, while WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) has a volatility of 1.33%. This indicates that LDDR experiences smaller price fluctuations and is considered to be less risky than USDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDDR	USDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	1.33%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	2.37%	4.09%	-1.72%
Volatility (1Y) Calculated over the trailing 1-year period	2.99%	5.47%	-2.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.93%	6.61%	-2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.93%	7.41%	-3.48%

LDDR vs. USDU - Expense Ratio Comparison

LDDR has a 0.25% expense ratio, which is lower than USDU's 0.51% expense ratio.

Dividends

LDDR vs. USDU - Dividend Comparison

LDDR's dividend yield for the trailing twelve months is around 12.83%, more than USDU's 3.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LDDR LifeX 2035 Income Bucket ETF	12.83%	14.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	3.73%	3.83%	3.97%	6.99%	7.83%	0.00%	0.69%	3.06%	0.88%	0.00%	0.00%	6.48%

Frequently Asked Questions

Can I hold both LDDR and USDU in my portfolio?

LDDR and USDU have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDDR or USDU?

USDU has higher volatility (1.33%) compared to LDDR (0.77%). In terms of maximum drawdown, LDDR dropped -2.50% vs USDU's -14.54%.

Which ETF is better, LDDR or USDU?

On 1-year performance, USDU leads with 4.24% vs 1.42% for LDDR. On fees, LDDR is cheaper at 0.25% per year. On volatility, LDDR has been the lower-risk option at 0.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDDR or USDU?

Over the 1-year period, USDU has performed better with a 4.24% return vs 1.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDDR or USDU?

LDDR is cheaper with a 0.25% expense ratio, compared with 0.51% for USDU.

Which ETF pays a higher dividend yield, LDDR or USDU?

LDDR has the higher dividend yield at 12.83%, compared with 3.73% for USDU.

What is the main difference between LDDR and USDU?

LDDR is categorized as Target Retirement Date, while USDU is Currency. They also come from different issuers: Stone Ridge and WisdomTree. Their fees differ too: 0.25% for LDDR and 0.51% for USDU.

Which has better risk-adjusted returns?

USDU currently has the higher Sharpe Ratio (0.78 vs 0.48), 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.