UDN vs. HD
Compare and contrast key facts about Invesco DB US Dollar Index Bearish Fund (UDN) and The Home Depot, Inc. (HD).
UDN is a passively managed fund by Invesco that tracks the performance of the Deutsche Bank Short USD Currency Portfolio Index. It was launched on Feb 20, 2007.
Performance
UDN vs. HD - Performance Comparison
Loading graphics...
UDN vs. HD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UDN Invesco DB US Dollar Index Bearish Fund | -1.32% | 12.37% | -4.53% | 4.88% | -7.96% | -7.03% | 6.20% | -0.97% | -5.02% | 9.50% |
HD The Home Depot, Inc. | -3.78% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
Returns By Period
In the year-to-date period, UDN achieves a -1.32% return, which is significantly higher than HD's -3.78% return. Over the past 10 years, UDN has underperformed HD with an annualized return of -0.49%, while HD has yielded a comparatively higher 11.97% annualized return.
UDN
- 1D
- 0.67%
- 1M
- -2.23%
- YTD
- -1.32%
- 6M
- -1.54%
- 1Y
- 5.59%
- 3Y*
- 3.05%
- 5Y*
- -0.33%
- 10Y*
- -0.49%
HD
- 1D
- 1.67%
- 1M
- -13.04%
- YTD
- -3.78%
- 6M
- -17.76%
- 1Y
- -7.99%
- 3Y*
- 6.33%
- 5Y*
- 3.84%
- 10Y*
- 11.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UDN vs. HD — Risk / Return Rank
UDN
HD
UDN vs. HD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB US Dollar Index Bearish Fund (UDN) and The Home Depot, Inc. (HD). 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.
| UDN | HD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | -0.34 | +1.10 |
Sortino ratioReturn per unit of downside risk | 1.21 | -0.36 | +1.57 |
Omega ratioGain probability vs. loss probability | 1.14 | 0.96 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | -0.25 | +1.47 |
Martin ratioReturn relative to average drawdown | 2.94 | -0.58 | +3.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UDN | HD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | -0.34 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.16 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.07 | 0.49 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | 0.69 | -0.78 |
Correlation
The correlation between UDN and HD is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
UDN vs. HD - Dividend Comparison
UDN's dividend yield for the trailing twelve months is around 2.98%, more than HD's 2.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDN Invesco DB US Dollar Index Bearish Fund | 2.98% | 2.94% | 5.33% | 5.21% | 0.69% | 0.00% | 0.00% | 1.38% | 1.26% | 0.11% | 0.00% | 0.00% |
HD The Home Depot, Inc. | 2.81% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
Drawdowns
UDN vs. HD - Drawdown Comparison
The maximum UDN drawdown since its inception was -41.67%, smaller than the maximum HD drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for UDN and HD.
Loading graphics...
Drawdown Indicators
| UDN | HD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.67% | -70.46% | +28.79% |
Max Drawdown (1Y)Largest decline over 1 year | -4.54% | -23.25% | +18.71% |
Max Drawdown (5Y)Largest decline over 5 years | -22.75% | -34.73% | +11.98% |
Max Drawdown (10Y)Largest decline over 10 years | -25.72% | -37.99% | +12.27% |
Current DrawdownCurrent decline from peak | -28.22% | -21.33% | -6.89% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -20.59% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 10.17% | -8.29% |
Volatility
UDN vs. HD - Volatility Comparison
The current volatility for Invesco DB US Dollar Index Bearish Fund (UDN) is 2.10%, while The Home Depot, Inc. (HD) has a volatility of 7.23%. This indicates that UDN experiences smaller price fluctuations and is considered to be less risky than HD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UDN | HD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.10% | 7.23% | -5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 4.26% | 16.87% | -12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.42% | 23.38% | -15.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.43% | 23.75% | -16.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.95% | 24.61% | -17.66% |