UDN vs. BTC-USD

In the year-to-date period, UDN achieves a 9.16% return, which is significantly lower than BTC-USD's 10.21% return. Over the past 10 years, UDN has underperformed BTC-USD with an annualized return of -0.73%, while BTC-USD has yielded a comparatively higher 83.65% annualized return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Invesco DB US Dollar Index Bearish Fund (UDN) and Bitcoin (BTC-USD). 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.

The current UDN Sharpe Ratio is 0.96, which is comparable to the BTC-USD Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of UDN and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum UDN drawdown since its inception was -41.67%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for UDN and BTC-USD. For additional features, visit the drawdowns tool.

The current volatility for Invesco DB US Dollar Index Bearish Fund (UDN) is 3.48%, while Bitcoin (BTC-USD) has a volatility of 11.97%. This indicates that UDN experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.