UUPInvesco DB U.S. Dollar Index Bullish Fund
UUP Fund Description
UUP provides inverse exposure to an index of USDX futures contracts that rises in value as the dollar appreciates relative to a basket of world currencies.
UUP Factset Analytics Insight
UUP goes long the US dollar and shorts the currencies of major US trading partners using USDX futures. That means it's shorting the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. The USDX's currency weights have been fixed since 1973: It departs from our benchmark by being heavily exposed to the euro, so positive moves in the euro will have strong, negative impacts on the fund. UUP is easy to trade, and its underlying liquidity is excellent for those looking to deal in volume. Structured as a commodities pool, UUP distributes K-1s and is marked-to-market at year-end. It's an undeniably expensive fund, with high fees for its segment, but its strong liquidity and interesting exposure land UUP on our Opportunities List.
UUP CHARTS AND PERFORMANCE
UUP Portfolio Data
UUP Index Data
UUP Fund Structure
UUP Tax Exposures
UUP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UUP. UUP is rated a 5 out of 5.