USDU vs. UUP
Compare and contrast key facts about WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) and Invesco DB US Dollar Index Bullish Fund (UUP).
USDU and UUP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USDU is an actively managed fund by WisdomTree. It was launched on Dec 18, 2013. UUP is a passively managed fund by Invesco that tracks the performance of the Deutsche Bank Long US Dollar Index (USDX) Futures Index. It was launched on Feb 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDU or UUP.
Key characteristics
| USDU | UUP | |
|---|---|---|
| YTD Return | 11.67% | 10.71% |
| 1Y Return | 9.26% | 8.78% |
| 3Y Return (Ann) | 7.54% | 8.09% |
| 5Y Return (Ann) | 3.79% | 4.15% |
| 10Y Return (Ann) | 3.25% | 3.64% |
| Sharpe Ratio | 1.45 | 1.15 |
| Sortino Ratio | 2.13 | 1.68 |
| Omega Ratio | 1.27 | 1.21 |
| Calmar Ratio | 1.89 | 1.24 |
| Martin Ratio | 6.84 | 4.48 |
| Ulcer Index | 1.16% | 1.57% |
| Daily Std Dev | 5.47% | 6.16% |
| Max Drawdown | -14.53% | -22.19% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
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 11.67% return, which is significantly higher than UUP's 10.71% return. Over the past 10 years, USDU has underperformed UUP with an annualized return of 3.25%, while UUP has yielded a comparatively higher 3.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USDU vs. UUP - Expense Ratio Comparison
USDU has a 0.51% expense ratio, which is lower than UUP's 0.75% expense ratio.
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.
Dividends
USDU vs. UUP - Dividend Comparison
USDU's dividend yield for the trailing twelve months is around 6.26%, more than UUP's 5.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
USDU WisdomTree Bloomberg U.S. Dollar Bullish Fund | 6.26% | 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 | 5.82% | 6.45% | 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%. Use the drawdown chart below to compare losses from any high point for USDU and UUP. For additional features, visit the drawdowns tool.
Volatility
USDU vs. UUP - Volatility Comparison
The current volatility for WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is 2.07%, while Invesco DB US Dollar Index Bullish Fund (UUP) has a volatility of 2.36%. 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.