UDNInvesco DB U.S. Dollar Index Bearish Fund
UDN Fund Description
UDN tracks the changes in value of the euro, Swiss franc, Japanese yen, British pound, Swedish krona and Canadian dollar relative to the US dollar, via USDX contracts.
UDN Factset Analytics Insight
UDN is more of a bet against the dollar than a bet on any particular currency. It shorts USDX contracts, which means that it's shorting the US dollar and long six G10 currencies: the euro, Japanese yen, British pound, Swedish krona, Canadian dollar and Swiss franc. The USDX uses a fixed weighting scheme based on exchange rates in 1973 that heavily weights the euro. As a result, expect to see big moves in the fund in response to euro movements. Structured as a commodities pool, UDN distributes K-1s and is marked-to-market at year-end.
UDN Portfolio Management
UDN Tax Exposures
UDN Fund Structure
UDN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UDN. UDN is rated a 5 out of 5.
UDN Top 10 Holdings
UDN Portfolio Tilts Comparison