Invesco DB USD Index Bearish ETFInvesco DB USD Index Bearish ETFInvesco DB USD Index Bearish ETF

Invesco DB USD Index Bearish ETF

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Key stats


Assets under management (AUM)
‪140.75 M‬USD
Fund flows (1Y)
‪81.42 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.01%
Shares outstanding
‪7.60 M‬
Expense ratio
0.78%

About Invesco DB USD Index Bearish ETF


Brand
Invesco
Home page
Inception date
Feb 20, 2007
Structure
Commodities Pool
Index tracked
Deutsche Bank Short USD Currency Portfolio Index
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
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.

Classification


Asset Class
Currency
Category
Basket
Focus
Long G10 basket, short USD
Niche
Derivative
Strategy
Multi-factor
Geography
Developed Markets Ex-U.S.
Weighting scheme
Multi-factor
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.00%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to UDN via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UDN trades at 18.46 USD today, its price has risen 0.05% in the past 24 hours. Track more dynamics on UDN price chart.
UDN net asset value is 18.45 today — it's risen 1.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
UDN assets under management is ‪140.75 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
UDN price has risen by 0.71% over the last month, and its yearly performance shows a 1.54% increase. See more dynamics on UDN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.41% over the last month, showed a 5.52% increase in three-month performance and has increased by 7.37% in a year.
UDN fund flows account for ‪81.42 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UDN invests in funds. See more details in our Analysis section.
UDN expense ratio is 0.78%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, UDN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, UDN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating UDN shows the neutral signal. See more of UDN technicals for a more comprehensive analysis.
Yes, UDN pays dividends to its holders with the dividend yield of 0.00%.
UDN trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
UDN shares are issued by Invesco Ltd.
UDN follows the Deutsche Bank Short USD Currency Portfolio Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 20, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.