USDU vs. MFTFX

Last updated Jun 9, 2026

USDU (WisdomTree Bloomberg U.S. Dollar Bullish Fund) and MFTFX (Arrow Managed Futures Stragegy Fund) are both funds - USDU is a Currency fund actively managed by WisdomTree, while MFTFX is a Systematic Trend fund managed by Arrow Funds. Over the past 10 years, USDU returned 2.77%/yr vs 5.94%/yr for MFTFX. At a 0.08 correlation, their price movements are largely independent. USDU charges 0.51%/yr vs 1.54%/yr for MFTFX.

Performance

USDU vs. MFTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and Arrow Managed Futures Stragegy Fund (MFTFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USDU achieves a 2.56% return, which is significantly lower than MFTFX's 12.91% return. Over the past 10 years, USDU has underperformed MFTFX with an annualized return of 2.77%, while MFTFX has yielded a comparatively higher 5.94% annualized return.

USDU

• 1D: -0.08%
• 1M: 2.52%
• YTD: 2.56%
• 6M: 2.09%
• 1Y: 5.00%
• 3Y*: 4.92%
• 5Y*: 5.68%
• 10Y*: 2.77%

MFTFX

• 1D: -2.95%
• 1M: -0.72%
• YTD: 12.91%
• 6M: 21.02%
• 1Y: 39.31%
• 3Y*: 3.79%
• 5Y*: 9.72%
• 10Y*: 5.94%

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

USDU vs. MFTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	2.56%	-3.14%	14.56%	3.10%	7.67%	4.07%	-5.43%	1.54%	5.40%	-7.44%
MFTFX Arrow Managed Futures Stragegy Fund	12.91%	9.29%	6.87%	-13.57%	57.88%	2.13%	-4.13%	15.17%	-19.70%	19.09%

Correlation

The correlation between USDU and MFTFX is -0.20, 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	-0.20
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013	0.08

The correlation between USDU and MFTFX shifts across timeframes, from -0.20 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

Return for Risk

USDU vs. MFTFX — Risk / Return Rank

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

USDU

USDU Risk / Return Rank: 28
USDU Sharpe Ratio Rank: 27
USDU Sortino Ratio Rank: 27
USDU Omega Ratio Rank: 26
USDU Calmar Ratio Rank: 31
USDU Martin Ratio Rank: 28

MFTFX

MFTFX Risk / Return Rank: 59
MFTFX Sharpe Ratio Rank: 54
MFTFX Sortino Ratio Rank: 45
MFTFX Omega Ratio Rank: 48
MFTFX Calmar Ratio Rank: 87
MFTFX Martin Ratio Rank: 62

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. MFTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and Arrow Managed Futures Stragegy Fund (MFTFX). 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	MFTFX	Difference
Sharpe ratio: Return per unit of total volatility	0.89	2.05	-1.16
Sortino ratio: Return per unit of downside risk	1.33	2.65	-1.32
Omega ratio: Gain probability vs. loss probability	1.16	1.36	-0.20
Calmar ratio: Return relative to maximum drawdown	1.38	4.13	-2.76
Martin ratio: Return relative to average drawdown	3.74	11.58	-7.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USDU vs. MFTFX - Sharpe Ratio Comparison

The current USDU Sharpe Ratio is 0.89, which is lower than the MFTFX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of USDU and MFTFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	USDU	MFTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	2.05	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.44	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.27	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.17	+0.27

Drawdowns

USDU vs. MFTFX - Drawdown Comparison

The maximum USDU drawdown since its inception was -14.54%, smaller than the maximum MFTFX drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for USDU and MFTFX.

Drawdown Indicators

	USDU	MFTFX	Difference
Max Drawdown Largest peak-to-trough decline	-14.54%	-35.70%	+21.16%
Max Drawdown (1Y) Largest decline over 1 year	-3.64%	-9.83%	+6.19%
Max Drawdown (3Y) Largest decline over 3 years	-7.73%	-32.57%	+24.84%
Max Drawdown (5Y) Largest decline over 5 years	-9.28%	-32.57%	+23.29%
Max Drawdown (10Y) Largest decline over 10 years	-14.54%	-35.70%	+21.16%
Current Drawdown Current decline from peak	-1.62%	-3.89%	+2.27%
Average Drawdown Average peak-to-trough decline	-4.72%	-16.98%	+12.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	3.50%	-2.16%

Volatility

USDU vs. MFTFX - Volatility Comparison

The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.28%, while Arrow Managed Futures Stragegy Fund (MFTFX) has a volatility of 5.14%. This indicates that USDU experiences smaller price fluctuations and is considered to be less risky than MFTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USDU	MFTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	5.14%	-3.86%
Volatility (6M) Calculated over the trailing 6-month period	4.36%	12.78%	-8.42%
Volatility (1Y) Calculated over the trailing 1-year period	5.67%	19.87%	-14.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.63%	22.08%	-15.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.46%	22.15%	-14.69%

USDU vs. MFTFX - Expense Ratio Comparison

USDU has a 0.51% expense ratio, which is lower than MFTFX's 1.54% expense ratio.

Dividends

USDU vs. MFTFX - Dividend Comparison

USDU's dividend yield for the trailing twelve months is around 3.74%, while MFTFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MFTFX Arrow Managed Futures Stragegy Fund	0.00%	0.00%	0.00%	11.75%	41.04%	2.30%	0.00%	20.00%	7.84%	2.12%	9.36%	1.21%
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund	3.74%	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

Can I hold both USDU and MFTFX in my portfolio?

USDU and MFTFX have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USDU or MFTFX?

MFTFX has higher volatility (5.14%) compared to USDU (1.28%). In terms of maximum drawdown, USDU dropped -14.54% vs MFTFX's -35.70%.

Which has better risk-adjusted returns?

MFTFX currently has the higher Sharpe Ratio (2.05 vs 0.89), 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.