UUP vs. UDN
Compare and contrast key facts about Invesco DB US Dollar Index Bullish Fund (UUP) and Invesco DB US Dollar Index Bearish Fund (UDN).
UUP and UDN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. UDN is a passively managed fund by Invesco that tracks the performance of the Deutsche Bank Short USD Currency Portfolio Index. It was launched on Feb 20, 2007. Both UUP and UDN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UUP or UDN.
Correlation
The correlation between UUP and UDN is -0.19. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
UUP vs. UDN - Performance Comparison
Loading data...
Key characteristics
UUP:
0.06
UDN:
0.92
UUP:
0.18
UDN:
1.42
UUP:
1.02
UDN:
1.16
UUP:
0.08
UDN:
0.19
UUP:
0.21
UDN:
1.74
UUP:
3.51%
UDN:
3.89%
UUP:
7.60%
UDN:
7.76%
UUP:
-22.19%
UDN:
-41.67%
UUP:
-7.64%
UDN:
-29.11%
Returns By Period
In the year-to-date period, UUP achieves a -6.29% return, which is significantly lower than UDN's 9.52% return. Over the past 10 years, UUP has outperformed UDN with an annualized return of 2.36%, while UDN has yielded a comparatively lower -0.45% annualized return.
UUP
-6.29%
1.40%
-4.49%
0.43%
4.26%
2.76%
2.36%
UDN
9.52%
-0.81%
8.19%
7.05%
2.57%
0.67%
-0.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UUP vs. UDN - Expense Ratio Comparison
UUP has a 0.75% expense ratio, which is lower than UDN's 0.77% expense ratio.
Risk-Adjusted Performance
UUP vs. UDN — Risk-Adjusted Performance Rank
UUP
UDN
UUP vs. UDN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB US Dollar Index Bullish Fund (UUP) and Invesco DB US Dollar Index Bearish Fund (UDN). 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.
Loading data...
Dividends
UUP vs. UDN - Dividend Comparison
UUP's dividend yield for the trailing twelve months is around 4.78%, less than UDN's 4.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
UUP Invesco DB US Dollar Index Bullish Fund | 4.78% | 4.48% | 6.45% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% |
UDN Invesco DB US Dollar Index Bearish Fund | 4.87% | 5.33% | 5.21% | 0.69% | 0.00% | 0.00% | 1.38% | 1.26% | 0.11% |
Drawdowns
UUP vs. UDN - Drawdown Comparison
The maximum UUP drawdown since its inception was -22.19%, smaller than the maximum UDN drawdown of -41.67%. Use the drawdown chart below to compare losses from any high point for UUP and UDN. For additional features, visit the drawdowns tool.
Loading data...
Volatility
UUP vs. UDN - Volatility Comparison
Invesco DB US Dollar Index Bullish Fund (UUP) and Invesco DB US Dollar Index Bearish Fund (UDN) have volatilities of 2.65% and 2.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...