UA vs. UUP
UA (Under Armour, 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 10 years, UA returned -16.36%/yr vs 3.23%/yr for UUP. At a correlation of -0.12, they often move in opposite directions.
Performance
UA vs. UUP - Performance Comparison
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Returns By Period
In the year-to-date period, UA achieves a 16.88% return, which is significantly higher than UUP's 5.25% return. Over the past 10 years, UA has underperformed UUP with an annualized return of -16.36%, while UUP has yielded a comparatively higher 3.23% annualized return.
UA
- 1D
- -2.09%
- 1M
- 3.89%
- YTD
- 16.88%
- 6M
- 29.26%
- 1Y
- -13.96%
- 3Y*
- -5.08%
- 5Y*
- -21.34%
- 10Y*
- -16.36%
UUP
- 1D
- 0.32%
- 1M
- 2.45%
- YTD
- 5.25%
- 6M
- 5.61%
- 1Y
- 7.81%
- 3Y*
- 4.89%
- 5Y*
- 5.98%
- 10Y*
- 3.23%
UA vs. UUP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UA Under Armour, Inc. | 16.88% | -35.66% | -10.66% | -6.39% | -50.55% | 21.24% | -22.42% | 18.61% | 21.40% | -47.08% |
UUP Invesco DB US Dollar Index Bullish Fund | 5.25% | -4.99% | 13.50% | 3.63% | 9.46% | 5.73% | -6.66% | 4.09% | 7.05% | -9.10% |
Correlation
The correlation between UA and UUP is -0.24, 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 | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2016 | -0.12 |
The correlation between UA and UUP shifts across timeframes, from -0.24 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UA vs. UUP — Risk / Return Rank
UA
UUP
UA vs. UUP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Under Armour, Inc. (UA) 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.
| UA | UUP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.23 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 2.15 | -2.48 |
| Martin ratioReturn relative to average drawdown | -0.53 | 5.90 | -6.42 |
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Drawdowns
UA vs. UUP - Drawdown Comparison
The maximum UA drawdown since its inception was -91.34%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for UA and UUP.
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Drawdown Indicators
| UA | UUP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.34% | -22.19% | -69.15% |
Max Drawdown (1Y)Largest decline over 1 year | -42.86% | -3.65% | -39.21% |
Max Drawdown (3Y)Largest decline over 3 years | -60.16% | -10.05% | -50.11% |
Max Drawdown (5Y)Largest decline over 5 years | -82.50% | -10.37% | -72.13% |
Max Drawdown (10Y)Largest decline over 10 years | -89.92% | -14.24% | -75.68% |
Current DrawdownCurrent decline from peak | -87.73% | -1.44% | -86.29% |
Average DrawdownAverage peak-to-trough decline | -69.23% | -8.90% | -60.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.59% | 1.34% | +25.25% |
Volatility
UA vs. UUP - Volatility Comparison
Under Armour, Inc. (UA) has a higher volatility of 14.05% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 1.35%. This indicates that UA'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.
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Volatility by Period
| UA | UUP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.05% | 1.35% | +12.70% |
Volatility (6M)Calculated over the trailing 6-month period | 43.67% | 4.33% | +39.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.65% | 6.07% | +46.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.37% | 7.22% | +43.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.42% | 6.91% | +43.51% |
Dividends
UA vs. UUP - Dividend Comparison
UA has not paid dividends to shareholders, while UUP's dividend yield for the trailing twelve months is around 3.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
UA Under Armour, 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 | 3.26% | 3.43% | 4.48% | 6.44% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% |
Frequently Asked Questions
UA and UUP have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UA has higher volatility (14.05%) compared to UUP (1.35%). In terms of maximum drawdown, UA dropped -91.34% vs UUP's -22.19%.
UUP currently has the higher Sharpe Ratio (1.30 vs -0.27), 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.
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