USDU vs. ^DXY

Last updated Jul 14, 2026

USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) is Currency fund actively managed by WisdomTree, while ^DXY (US Dollar Currency Index) is an index. Their correlation of 0.82 suggests significant overlap in exposure.

Performance

USDU vs. ^DXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and US Dollar Currency Index (^DXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USDU

• 1D: 0.37%
• 1M: 1.79%
• 6M: 3.12%
• YTD: 3.80%
• 1Y: 6.84%
• 3Y*: 6.10%
• 5Y*: 5.48%
• 10Y*: 2.79%

^DXY

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USDU vs. ^DXY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	3.80%	-3.14%	14.56%	3.10%	7.67%	4.07%	-5.43%	1.54%	5.40%	-7.44%
^DXY US Dollar Currency Index	1.13%	-9.37%	7.06%	-2.11%	7.87%	6.71%	-6.69%	0.22%	4.40%	-9.87%

Correlation

The correlation between USDU and ^DXY is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013	0.82

The correlation between USDU and ^DXY has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

Return for Risk

USDU vs. ^DXY — Risk / Return Rank

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

USDU

USDU Risk / Return Rank: 44
USDU Sharpe Ratio Rank: 43
USDU Sortino Ratio Rank: 45
USDU Omega Ratio Rank: 43
USDU Calmar Ratio Rank: 47
USDU Martin Ratio Rank: 41

^DXY

^DXY Risk / Return Rank: 17
^DXY Sharpe Ratio Rank: 18
^DXY Sortino Ratio Rank: 15
^DXY Omega Ratio Rank: 15
^DXY Calmar Ratio Rank: 19
^DXY Martin Ratio Rank: 19

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.

USDU vs. ^DXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and US Dollar Currency Index (^DXY). 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.

	USDU	^DXY	Difference
Sharpe ratio: Return per unit of total volatility	1.23	—	—
Sortino ratio: Return per unit of downside risk	1.85	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.88	—	—
Martin ratio: Return relative to average drawdown	5.24	—	—

Drawdowns

Drawdown Indicators

	USDU	^DXY	Difference
Max Drawdown Largest peak-to-trough decline	-14.54%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.64%	—	—
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	-0.43%	—	—
Average Drawdown Average peak-to-trough decline	-4.69%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	—	—

Volatility

Volatility by Period

	USDU	^DXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.61%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.60%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.42%	—	—

Frequently Asked Questions

Can I hold both USDU and ^DXY in my portfolio?

USDU and ^DXY have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.