UUPInvesco DB U.S. Dollar Index Bullish Fund
UUP Fund Description
UUP tracks the changes in value of the US dollar relative to a basket of world currencies via USDX future contracts.
UUP Factset Analytics Insight
UUP goes long the US dollar and shorts the currencies of major US trading partners using USDX futures. Specifically, the fund is 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 its benchmark by being heavily exposed to the euro, so positive moves in the euro will have strong, negative impacts on the fund. Structured as a commodities pool, UUP distributes K-1s and is marked-to-market at year-end.
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.