WTV vs. UUP

Last updated Jul 14, 2026

WTV (WisdomTree U.S. Value Fund) and UUP (Invesco DB US Dollar Index Bullish Fund) are both exchange-traded funds - WTV is a Mid Cap Value Equities fund actively managed by WisdomTree, while UUP is a Currency fund tracking the Deutsche Bank Long US Dollar Index (USDX) Futures Index. WTV is actively managed, while UUP is passively managed. Over the past 5 years, WTV returned 13.98%/yr vs 5.89%/yr for UUP. At a correlation of -0.22, they often move in opposite directions. WTV charges 0.12%/yr vs 0.75%/yr for UUP.

Performance

WTV vs. UUP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Value Fund (WTV) and Invesco DB US Dollar Index Bullish Fund (UUP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTV achieves a 13.49% return, which is significantly higher than UUP's 5.44% return.

WTV

• 1D: 0.24%
• 1M: 1.65%
• 6M: 10.76%
• YTD: 13.49%
• 1Y: 22.17%
• 3Y*: 20.21%
• 5Y*: 13.98%
• 10Y*: —

UUP

• 1D: 0.39%
• 1M: 1.97%
• 6M: 4.47%
• YTD: 5.44%
• 1Y: 8.28%
• 3Y*: 5.86%
• 5Y*: 5.89%
• 10Y*: 3.17%

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

WTV vs. UUP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTV WisdomTree U.S. Value Fund	13.49%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.58%
UUP Invesco DB US Dollar Index Bullish Fund	5.44%	-4.99%	13.50%	3.63%	9.46%	5.73%	-6.66%	4.09%	7.05%	-1.14%

Correlation

The correlation between WTV and UUP is -0.27, 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	-0.27
Correlation (3Y) Calculated over the trailing 3-year period	-0.23
Correlation (5Y) Calculated over the trailing 5-year period	-0.31
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017	-0.22

Return for Risk

WTV vs. UUP — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 74
WTV Sharpe Ratio Rank: 74
WTV Sortino Ratio Rank: 78
WTV Omega Ratio Rank: 72
WTV Calmar Ratio Rank: 76
WTV Martin Ratio Rank: 70

UUP

UUP Risk / Return Rank: 51
UUP Sharpe Ratio Rank: 50
UUP Sortino Ratio Rank: 50
UUP Omega Ratio Rank: 49
UUP Calmar Ratio Rank: 57
UUP Martin Ratio Rank: 47

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.

WTV vs. UUP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Value Fund (WTV) 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.

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.

	WTV	UUP	Difference
Sharpe ratio: Return per unit of total volatility	1.88	1.38	+0.50
Sortino ratio: Return per unit of downside risk	2.74	1.99	+0.76
Omega ratio: Gain probability vs. loss probability	1.34	1.25	+0.09
Calmar ratio: Return relative to maximum drawdown	3.12	2.28	+0.84
Martin ratio: Return relative to average drawdown	10.08	6.26	+3.82

WTV vs. UUP - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 1.88, which is higher than the UUP Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of WTV and UUP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTV vs. UUP - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for WTV and UUP.

Drawdown Indicators

	WTV	UUP	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-22.19%	-19.99%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-3.65%	-3.50%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-10.05%	-8.44%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-10.37%	-8.93%
Max Drawdown (10Y) Largest decline over 10 years	—	-14.24%	—
Current Drawdown Current decline from peak	0.00%	-1.26%	+1.26%
Average Drawdown Average peak-to-trough decline	-5.00%	-8.88%	+3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.33%	+0.87%

Volatility

WTV vs. UUP - Volatility Comparison

WisdomTree U.S. Value Fund (WTV) has a higher volatility of 2.97% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 1.45%. This indicates that WTV's price experiences larger fluctuations and is considered to be riskier than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTV	UUP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	1.45%	+1.52%
Volatility (6M) Calculated over the trailing 6-month period	8.00%	4.34%	+3.66%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	6.03%	+5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.04%	7.22%	+9.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.11%	6.90%	+13.21%

WTV vs. UUP - Expense Ratio Comparison

WTV has a 0.12% expense ratio, which is lower than UUP's 0.75% expense ratio.

Dividends

WTV vs. UUP - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.88%, less than UUP's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UUP Invesco DB US Dollar Index Bullish Fund	3.25%	3.43%	4.48%	6.44%	0.89%	0.00%	0.00%	2.03%	1.08%	0.10%
WTV WisdomTree U.S. Value Fund	1.88%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both WTV and UUP in my portfolio?

WTV and UUP have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or UUP?

WTV has higher volatility (2.97%) compared to UUP (1.45%). In terms of maximum drawdown, WTV dropped -42.18% vs UUP's -22.19%.

Which ETF is better, WTV or UUP?

On 5-year performance, WTV leads with 13.98% vs 5.89% for UUP. On fees, WTV is cheaper at 0.12% per year. On volatility, UUP has been the lower-risk option at 1.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or UUP?

Over the 5-year period, WTV has performed better with a 13.98% return vs 5.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or UUP?

WTV is cheaper with a 0.12% expense ratio, compared with 0.75% for UUP.

Which ETF pays a higher dividend yield, WTV or UUP?

UUP has the higher dividend yield at 3.25%, compared with 1.88% for WTV.

What is the main difference between WTV and UUP?

WTV is categorized as Mid Cap Value Equities, while UUP is Currency. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.12% for WTV and 0.75% for UUP.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (1.88 vs 1.38), 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.