Invesco DB US Dollar Index Bearish Fund (UDN)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
17.85 USD
-0.05
(-0.279%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:15 a.m. EDT
The short-term outlook remains neutral despite a high-confidence statistical model predicting a slight uptick over the next 45 days. While the fund is currently trading near its 52-week lows, the massive concentration of call options at the $21 strike reveals a distinct speculative thesis that the dollar will weaken significantly, driving this bearish fund higher. However, the lack of corresponding put volume suggests this is a one-sided trade rather than a balanced hedge. Long-term, the asset is fundamentally neutral; the nine-year price history shows a net decline, yet the most recent annual return was positive, breaking a streak of consecutive losses. This indicates the dollar has stabilized recently, preventing a deeper structural collapse, though the long-term trend remains flat-to-negative. The dividend yield of 3% is nominal for a currency ETF, likely reflecting periodic distributions of capital gains or losses rather than a sustainable income stream, making it unsuitable as a core yield play. |
| Model | MAE |
|---|---|
| MSTL_115 ✓ | 0.007557 |
| MSTL_84 | 0.007835 |
| AutoTheta | 0.011252 |
| AutoETS | 0.012544 |
| AutoARIMA | 0.012544 |
| MSTL | 0.012755 |
| MSTL_84_115 | 0.013492 |
Forecast horizon: 60 days | Selected: MSTL_115
| Forecast Reliability | |
|---|---|
| Score | 69% |
| H-stat | 3.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.127 |
| Excess Kurtosis | -0.82 |
As of July 11, 2026, 5:15 a.m. EDT: Speculator positioning is heavily skewed toward out-of-the-money calls, with significant open interest concentrated at the $21 strike across multiple expirations. This suggests a speculative bet on a sharp dollar collapse pushing the fund higher. Conversely, put activity is minimal and largely limited to recent buying at the $19 strike, indicating a lack of organized hedging against further dollar strength.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.94% | 2.94% | 4.51% | 2.84% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.536 | 2.936986 |
| 2024-12-23 | 0.890 | 5.300774 |
| 2023-12-18 | 0.961 | 5.286029 |
| 2022-12-19 | 0.128 | 0.700219 |
| 2019-12-23 | 0.283 | 1.390663 |
| 2018-12-24 | 0.265 | 1.264916 |
| 2017-12-18 | 0.024 | 0.108646 |
| 2008-12-15 | 0.150 | 0.574713 |
| 2007-12-17 | 0.400 | 1.476560 |
| Attribute | Value |
|---|---|
| All Time High | 30.8 |
| All Time Low | 16.49 |
| Ask | 0.0 |
| Ask Size | 6,800 |
| Average Daily Volume10 Day | 112,090 |
| Average Daily Volume3 Month | 124,724 |
| Average Volume | 124,724 |
| Average Volume10Days | 112,090 |
| Beta3 Year | 11.0 |
| Bid | 0.0 |
| Bid Size | 2,200 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 17.92 |
| Day Low | 17.85 |
| Dividend Yield | 3.0 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.1042 |
| Fifty Day Average Change | -0.25419998 |
| Fifty Day Average Change Percent | -0.0140409395 |
| Fifty Two Week Change Percent | -4.1242657 |
| Fifty Two Week High | 19.11 |
| Fifty Two Week High Change | -1.2600002 |
| Fifty Two Week High Change Percent | -0.06593408 |
| Fifty Two Week Low | 17.75 |
| Fifty Two Week Low Change | 0.10000038 |
| Fifty Two Week Low Change Percent | 0.0056338245 |
| Fifty Two Week Range | 17.75 - 19.11 |
| First Trade Date Milliseconds | 1,172,759,400,000 |
| Five Year Average Return | -0.0045891 |
| Full Exchange Name | NYSEArca |
| Fund Family | Invesco |
| Fund Inception Date | 1,171,929,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index reflects the changes in market value over time, whether positive or negative, of a short position in the DX Contract which expires during the months of March, June, September and December. The fund seeks to track the index by establishing short positions in DX Contracts. DX Contracts are linked to the six underlying currencies, or the index currencies, of the U.S. Dollar index (USDX®), or the USDX®. The index currencies are Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. |
| Long Name | Invesco DB US Dollar Index Bearish Fund |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_31289556 |
| Nav Price | 17.91 |
| Net Assets | 112,620,288.0 |
| Net Expense Ratio | 0.0 |
| Open | 17.92 |
| Phone | 800-983-0903 |
| Previous Close | 17.9 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0499992 |
| Regular Market Change Percent | -0.279325 |
| Regular Market Day High | 17.92 |
| Regular Market Day Low | 17.85 |
| Regular Market Day Range | 17.85 - 17.92 |
| Regular Market Open | 17.92 |
| Regular Market Previous Close | 17.9 |
| Regular Market Price | 17.85 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 55,233 |
| Short Name | Invesco DB USD Index Bearish ET |
| Source Interval | 15 |
| Symbol | UDN |
| Three Year Average Return | 0.0153616 |
| Total Assets | 112,620,288 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.77778 |
| Trailing Three Month Returns | -0.77778 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.32385 |
| Two Hundred Day Average Change | -0.47385025 |
| Two Hundred Day Average Change Percent | -0.025859753 |
| Type Disp | ETF |
| Volume | 55,233 |
| Yield | 0.03 |
| Ytd Return | -2.02962 |