USDU vs. FXB
USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) and FXB (Invesco CurrencyShares® British Pound Sterling Trust) are both Currency funds. USDU is actively managed, while FXB is passively managed. Over the past 10 years, USDU returned 2.76%/yr vs 0.80%/yr for FXB. At a correlation of -0.65, they often move in opposite directions. USDU charges 0.51%/yr vs 0.40%/yr for FXB.
Performance
USDU vs. FXB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USDU achieves a 3.76% return, which is significantly higher than FXB's -1.12% return. Over the past 10 years, USDU has outperformed FXB with an annualized return of 2.76%, while FXB has yielded a comparatively lower 0.80% annualized return.
USDU
- 1D
- -0.11%
- 1M
- 2.45%
- YTD
- 3.76%
- 6M
- 4.18%
- 1Y
- 7.05%
- 3Y*
- 5.40%
- 5Y*
- 5.60%
- 10Y*
- 2.76%
FXB
- 1D
- 0.31%
- 1M
- -1.66%
- YTD
- -1.12%
- 6M
- -1.19%
- 1Y
- -1.31%
- 3Y*
- 4.08%
- 5Y*
- 0.87%
- 10Y*
- 0.80%
USDU vs. FXB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.76% | -3.14% | 14.56% | 3.10% | 7.67% | 4.07% | -5.43% | 1.54% | 5.40% | -7.44% |
FXB Invesco CurrencyShares® British Pound Sterling Trust | -1.12% | 10.37% | 1.35% | 8.58% | -10.45% | -1.54% | 2.87% | 3.87% | -5.75% | 9.10% |
Correlation
The correlation between USDU and FXB is -0.79, 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 | -0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013 | -0.65 |
The correlation between USDU and FXB shifts across timeframes, from -0.79 (3 years) to -0.65 (all time), reflecting how their relationship changes across market environments.
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
USDU vs. FXB — Risk / Return Rank
USDU
FXB
USDU vs. FXB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and Invesco CurrencyShares® British Pound Sterling Trust (FXB). 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 | FXB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.97 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | -0.29 | +2.23 |
| Martin ratioReturn relative to average drawdown | 5.40 | -0.58 | +5.98 |
Loading charts...
Drawdowns
USDU vs. FXB - Drawdown Comparison
The maximum USDU drawdown since its inception was -14.54%, smaller than the maximum FXB drawdown of -48.99%. Use the drawdown chart below to compare losses from any high point for USDU and FXB.
Loading charts...
Drawdown Indicators
| USDU | FXB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.54% | -48.99% | +34.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -4.53% | +0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -7.73% | -8.44% | +0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -9.28% | -23.61% | +14.33% |
Max Drawdown (10Y)Largest decline over 10 years | -14.54% | -26.11% | +11.57% |
Current DrawdownCurrent decline from peak | -0.47% | -30.61% | +30.14% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -27.54% | +22.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 2.28% | -0.97% |
Volatility
USDU vs. FXB - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.36%, while Invesco CurrencyShares® British Pound Sterling Trust (FXB) has a volatility of 1.66%. This indicates that USDU experiences smaller price fluctuations and is considered to be less risky than FXB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USDU | FXB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 1.66% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 4.30% | 4.87% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.64% | 6.49% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 8.48% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 8.86% | -1.43% |
USDU vs. FXB - Expense Ratio Comparison
USDU has a 0.51% expense ratio, which is higher than FXB's 0.40% expense ratio.
Dividends
USDU vs. FXB - Dividend Comparison
USDU's dividend yield for the trailing twelve months is around 3.69%, more than FXB's 2.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXB Invesco CurrencyShares® British Pound Sterling Trust | 2.24% | 2.44% | 3.25% | 2.59% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.69% | 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
USDU and FXB have a correlation of -0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXB has higher volatility (1.66%) compared to USDU (1.36%). In terms of maximum drawdown, USDU dropped -14.54% vs FXB's -48.99%.
On 10-year performance, USDU leads with 2.76% vs 0.80% for FXB. On fees, FXB is cheaper at 0.40% per year. On volatility, USDU has been the lower-risk option at 1.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, USDU has performed better with a 2.76% return vs 0.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FXB is cheaper with a 0.40% expense ratio, compared with 0.51% for USDU.
USDU has the higher dividend yield at 3.69%, compared with 2.24% for FXB.
They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.51% for USDU and 0.40% for FXB.
USDU currently has the higher Sharpe Ratio (1.26 vs -0.20), 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.
Find the right allocation for USDU and FXB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer