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 5.60%/yr vs -73.39%/yr for GDXD. At a 0.50 correlation, their price movements are largely independent. USDU charges 0.51%/yr vs 0.95%/yr for GDXD.
Performance
USDU vs. GDXD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USDU achieves a 3.76% return, which is significantly higher than GDXD's -40.39% 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%
GDXD
- 1D
- -4.80%
- 1M
- 34.41%
- YTD
- -40.39%
- 6M
- -33.40%
- 1Y
- -92.00%
- 3Y*
- -83.83%
- 5Y*
- -73.39%
- 10Y*
- —
USDU vs. GDXD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 3.76% | -3.14% | 14.56% | 3.10% | 7.67% | 4.07% | -1.55% |
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | -40.39% | -97.53% | -57.78% | -52.35% | -52.56% | -19.71% | -13.10% |
Correlation
The correlation between USDU and GDXD is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.50 |
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. 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.
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 | GDXD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.84 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | -0.96 | +2.90 |
| Martin ratioReturn relative to average drawdown | 5.40 | -1.16 | +6.56 |
Loading charts...
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.
Loading charts...
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 | -0.47% | -99.92% | +99.45% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -72.10% | +67.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 79.23% | -77.92% |
Volatility
USDU vs. GDXD - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.36%, while MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has a volatility of 52.77%. 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.
Loading charts...
Volatility by Period
| USDU | GDXD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | 52.77% | -51.41% |
Volatility (6M)Calculated over the trailing 6-month period | 4.30% | 117.63% | -113.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.64% | 143.70% | -138.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 111.69% | -105.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 110.68% | -103.25% |
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 3.69%, 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 | 3.69% | 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 GDXD have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXD has higher volatility (52.77%) compared to USDU (1.36%). In terms of maximum drawdown, USDU dropped -14.54% vs GDXD's -99.96%.
On 5-year performance, USDU leads with 5.60% vs -73.39% for GDXD. On fees, USDU is cheaper at 0.51% 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 5-year period, USDU has performed better with a 5.60% return vs -73.39%. 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 3.69%, 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 (1.26 vs -0.64), 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 GDXD
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