USDU vs. GDXD
USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) and GDXD (MicroSectors Gold Miners -3X Inverse Leveraged ETNs) are both exchange-traded funds - USDU is a Currency fund actively managed by WisdomTree, while GDXD is a Inverse Equities fund tracking the S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%). USDU is actively managed, while GDXD is passively managed. Over the past 5 years, USDU returned 5.47%/yr vs -72.97%/yr for GDXD. At a 0.49 correlation, their price movements are largely independent. USDU charges 0.51%/yr vs 0.95%/yr for GDXD.
Performance
USDU vs. GDXD - Performance Comparison
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Returns By Period
In the year-to-date period, USDU achieves a 1.78% return, which is significantly higher than GDXD's -53.31% return.
USDU
- 1D
- -0.11%
- 1M
- 1.08%
- YTD
- 1.78%
- 6M
- 1.41%
- 1Y
- 4.48%
- 3Y*
- 4.54%
- 5Y*
- 5.47%
- 10Y*
- 2.70%
GDXD
- 1D
- -4.33%
- 1M
- -13.84%
- YTD
- -53.31%
- 6M
- -63.91%
- 1Y
- -93.31%
- 3Y*
- -84.41%
- 5Y*
- -72.97%
- 10Y*
- —
USDU vs. GDXD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 1.78% | -3.14% | 14.56% | 3.10% | 7.67% | 4.07% | -1.06% |
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | -53.31% | -97.53% | -57.78% | -52.35% | -52.56% | -19.71% | -13.30% |
Correlation
The correlation between USDU and GDXD is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2020 | 0.49 |
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Return for Risk
USDU vs. GDXD — Risk / Return Rank
USDU
GDXD
USDU vs. GDXD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD). 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.
| USDU | GDXD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.80 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | -0.97 | +2.20 |
| Martin ratioReturn relative to average drawdown | 3.36 | -1.22 | +4.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| USDU | GDXD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | -0.69 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | -0.67 | +1.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.67 | +1.10 |
Drawdowns
USDU vs. GDXD - Drawdown Comparison
The maximum USDU drawdown since its inception was -14.54%, smaller than the maximum GDXD drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for USDU and GDXD.
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Drawdown Indicators
| USDU | GDXD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.54% | -99.96% | +85.42% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -96.33% | +92.69% |
Max Drawdown (3Y)Largest decline over 3 years | -7.73% | -99.86% | +92.13% |
Max Drawdown (5Y)Largest decline over 5 years | -9.28% | -99.96% | +90.68% |
Max Drawdown (10Y)Largest decline over 10 years | -14.54% | — | — |
Current DrawdownCurrent decline from peak | -2.36% | -99.94% | +97.58% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -71.87% | +67.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 76.15% | -74.81% |
Volatility
USDU vs. GDXD - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.25%, while MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has a volatility of 47.60%. This indicates that USDU experiences smaller price fluctuations and is considered to be less risky than GDXD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USDU | GDXD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 47.60% | -46.35% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 109.82% | -105.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.63% | 136.25% | -130.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.62% | 109.97% | -103.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.46% | 109.33% | -101.87% |
USDU vs. GDXD - Expense Ratio Comparison
USDU has a 0.51% expense ratio, which is lower than GDXD's 0.95% expense ratio.
Dividends
USDU vs. GDXD - Dividend Comparison
USDU's dividend yield for the trailing twelve months is around 3.76%, while GDXD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.76% | 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 GDXD have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXD has higher volatility (47.60%) compared to USDU (1.25%). In terms of maximum drawdown, USDU dropped -14.54% vs GDXD's -99.96%.
On 5-year performance, USDU leads with 5.47% vs -72.97% for GDXD. On fees, USDU is cheaper at 0.51% per year. On volatility, USDU has been the lower-risk option at 1.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USDU has performed better with a 5.47% return vs -72.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USDU is cheaper with a 0.51% expense ratio, compared with 0.95% for GDXD.
USDU has the higher dividend yield at 3.76%, compared with 0.00% for GDXD.
USDU is categorized as Currency, while GDXD is Inverse Equities. They also come from different issuers: WisdomTree and BMO. Their fees differ too: 0.51% for USDU and 0.95% for GDXD.
USDU currently has the higher Sharpe Ratio (0.80 vs -0.69), 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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