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Invesco DB US Dollar Index Bearish Fund (UDN)

ETF overview

The Invesco DB US Dollar Index Bearish Fund (UDN) is designed to provide investors with exposure to the inverse performance of the U.S. dollar against a basket of key global currencies. Specifically, it aims to track the Deutsche Bank Short USD Currency Portfolio Index – Excess Return, while also incorporating net interest income generated from its holdings, primarily U.S. Treasury securities and money market instruments, after accounting for fund expenses. This Fund offers a streamlined and economical method for investors seeking to benefit from a decline in the U.S. dollar's value relative to six major world currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The underlying Index follows a rules-based approach, comprising exclusively "short" U.S. Dollar Index futures contracts, which are actively traded on the ICE futures exchange. These USDX futures are engineered to replicate the financial outcome of holding a short position in the U.S. dollar against the aforementioned basket of international currencies. It is crucial to understand that this Fund may not be appropriate for all investors. Its investment strategy involves speculative trading in inherently volatile futures markets. The frequent and significant price fluctuations characteristic of futures contracts could lead to substantial financial losses. For a comprehensive understanding of the risks involved, investors are strongly advised to consult the "Risk and Other Information" section and the Fund's Prospectus. For information regarding the Fund's qualified notices concerning IRS Section 1446(f) Rule for Publicly Traded Partnerships (PTPs), please visit our dedicated ETF tax center. Additionally, the Form 1065 Schedule K-3 FAQ for Invesco DB Funds (under the Securities Act of 1933) is available on the same platform.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
17.86 USD-0.06%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.77%
Fund assets
98.28M USD (all share classes)
Issuer
Invesco
Inception date
Feb 20, 2007
Number of holdings
1

Breakdown

Holdings (1)

NameTickerWeight
Invesco Government & Agency PortfolioAGPXX93.90%

Historical returns do not guarantee future returns. This is not investment advice.

Invesco DB US Dollar Index Bearish Fund (UDN)

UDN · AMEX
17.86 USD-0.06%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.77%
Fund assets
98.28M USD (all share classes)
Issuer
Invesco
Inception date
Feb 20, 2007
Number of holdings
1
Breakdown
Holdings (1)
NameTickerWeight
Invesco Government & Agency PortfolioAGPXX93.90%
ETF overview

The Invesco DB US Dollar Index Bearish Fund (UDN) is designed to provide investors with exposure to the inverse performance of the U.S. dollar against a basket of key global currencies. Specifically, it aims to track the Deutsche Bank Short USD Currency Portfolio Index – Excess Return, while also incorporating net interest income generated from its holdings, primarily U.S. Treasury securities and money market instruments, after accounting for fund expenses. This Fund offers a streamlined and economical method for investors seeking to benefit from a decline in the U.S. dollar's value relative to six major world currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The underlying Index follows a rules-based approach, comprising exclusively "short" U.S. Dollar Index futures contracts, which are actively traded on the ICE futures exchange. These USDX futures are engineered to replicate the financial outcome of holding a short position in the U.S. dollar against the aforementioned basket of international currencies. It is crucial to understand that this Fund may not be appropriate for all investors. Its investment strategy involves speculative trading in inherently volatile futures markets. The frequent and significant price fluctuations characteristic of futures contracts could lead to substantial financial losses. For a comprehensive understanding of the risks involved, investors are strongly advised to consult the "Risk and Other Information" section and the Fund's Prospectus. For information regarding the Fund's qualified notices concerning IRS Section 1446(f) Rule for Publicly Traded Partnerships (PTPs), please visit our dedicated ETF tax center. Additionally, the Form 1065 Schedule K-3 FAQ for Invesco DB Funds (under the Securities Act of 1933) is available on the same platform.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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