Invesco DB US Dollar Index Bullish Fund

Frequently Asked Questions About UUP

What does UUP invest in?

The Invesco DB US Dollar Index Bullish Fund (UUP) aims to replicate the performance, whether positive or negative, of the Deutsche Bank Long USD Currency Portfolio Index - Excess Return (DB Long USD Currency Portfolio Index ER or Index). This objective is achieved by incorporating income generated from the Fund's primary holdings in U.S. Treasury securities and money market instruments, while accounting for its operational expenses. This Fund offers a straightforward and cost-effective method for investors to monitor the U.S. dollar's value relative to a group of six major global currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The underlying Index is a rules-based construct, comprised exclusively of long U.S. Dollar Index futures contracts traded on the ICE futures exchange. These USDX futures contracts are specifically engineered to reflect the performance of a long position in the U.S. dollar against the aforementioned basket of currencies. However, given the speculative nature of its trading activities within highly volatile markets, this Fund may not be appropriate for all investors. The inherent volatility of futures contracts means that frequent and significant fluctuations in market prices could result in substantial financial losses. For further details on risks, please refer to the "Risk and Other Information" section and the complete Prospectus. For qualified notices concerning IRS Section 1446(f) Rule for Publicly Traded Partnerships (PTPs), and the Form 1065 Schedule K-3 FAQ for Invesco DB Funds (under the Securities Act of 1933), please visit our dedicated ETF tax center.

What is the expense ratio of UUP?

Invesco DB US Dollar Index Bullish Fund (UUP) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations.

What is UUP's dividend yield?

UUP's trailing-twelve-month yield is 7.89%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of UUP?

Effective duration measures UUP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. UUP's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of UUP?

UUP's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of UUP?

Yield to maturity (YTM) is the total return you'd earn from UUP if every bond in the portfolio is held to maturity at the current price. UUP's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.