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USDU vs. UUP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


USDUUUP
YTD Return5.73%6.46%
1Y Return10.50%11.49%
3Y Return (Ann)6.26%7.81%
5Y Return (Ann)3.15%4.00%
10Y Return (Ann)3.40%4.12%
Sharpe Ratio1.571.71
Daily Std Dev5.92%6.39%
Max Drawdown-14.53%-22.19%
Current Drawdown0.00%0.00%

Correlation

0.83
-1.001.00

The correlation between USDU and UUP is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

USDU vs. UUP - Performance Comparison

In the year-to-date period, USDU achieves a 5.73% return, which is significantly lower than UUP's 6.46% return. Over the past 10 years, USDU has underperformed UUP with an annualized return of 3.40%, while UUP has yielded a comparatively higher 4.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%NovemberDecember2024FebruaryMarchApril
1.97%
2.51%
USDU
UUP

Compare stocks, funds, or ETFs


WisdomTree Bloomberg U.S. Dollar Bullish Fund

Invesco DB US Dollar Index Bullish Fund

USDU vs. UUP - Expense Ratio Comparison

USDU has a 0.51% expense ratio, which is lower than UUP's 0.75% expense ratio.

UUP
Invesco DB US Dollar Index Bullish Fund
0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

USDU vs. UUP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and Invesco DB US Dollar Index Bullish Fund (UUP). 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
Sharpe ratio
The Sharpe ratio of USDU compared to the broader market0.002.004.001.57
Sortino ratio
The Sortino ratio of USDU compared to the broader market-2.000.002.004.006.008.0010.002.22
Omega ratio
The Omega ratio of USDU compared to the broader market1.001.502.002.501.29
Calmar ratio
The Calmar ratio of USDU compared to the broader market0.002.004.006.008.0010.0012.001.14
Martin ratio
The Martin ratio of USDU compared to the broader market0.0020.0040.0060.0080.006.44
UUP
Sharpe ratio
The Sharpe ratio of UUP compared to the broader market0.002.004.001.71
Sortino ratio
The Sortino ratio of UUP compared to the broader market-2.000.002.004.006.008.0010.002.46
Omega ratio
The Omega ratio of UUP compared to the broader market1.001.502.002.501.31
Calmar ratio
The Calmar ratio of UUP compared to the broader market0.002.004.006.008.0010.0012.001.16
Martin ratio
The Martin ratio of UUP compared to the broader market0.0020.0040.0060.0080.007.12

USDU vs. UUP - Sharpe Ratio Comparison

The current USDU Sharpe Ratio is 1.57, which roughly equals the UUP Sharpe Ratio of 1.71. The chart below compares the 12-month rolling Sharpe Ratio of USDU and UUP.


Rolling 12-month Sharpe Ratio0.000.501.001.50NovemberDecember2024FebruaryMarchApril
1.57
1.71
USDU
UUP

Dividends

USDU vs. UUP - Dividend Comparison

USDU's dividend yield for the trailing twelve months is around 6.61%, more than UUP's 6.05% yield.


TTM2023202220212020201920182017201620152014
USDU
WisdomTree Bloomberg U.S. Dollar Bullish Fund
6.61%6.99%7.83%0.00%0.69%3.06%0.88%0.00%0.00%6.48%1.58%
UUP
Invesco DB US Dollar Index Bullish Fund
6.05%6.44%0.89%0.00%0.00%2.03%1.08%0.10%0.00%0.00%0.00%

Drawdowns

USDU vs. UUP - Drawdown Comparison

The maximum USDU drawdown since its inception was -14.53%, smaller than the maximum UUP drawdown of -22.19%. The drawdown chart below compares losses from any high point along the way for USDU and UUP


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2024FebruaryMarchApril00
USDU
UUP

Volatility

USDU vs. UUP - Volatility Comparison

The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 1.53%, while Invesco DB US Dollar Index Bullish Fund (UUP) has a volatility of 1.79%. This indicates that USDU experiences smaller price fluctuations and is considered to be less risky than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%NovemberDecember2024FebruaryMarchApril
1.53%
1.79%
USDU
UUP