{"url":"https://etfiq.com/compare/any/udn-vs-uup","section":"compare","title":"UDN vs UUP: Differences, Returns & Fees | ETFIQ","description":"UDN and UUP side by side to Oct 14, 2026: one-year total return \u22121.8% against +7.9%, expense ratio 0.68% against 0.69%.","as_of":"Oct 14, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which returned more over the last year, UDN or UUP?","acceptedAnswer":{"@type":"Answer","text":"In the year to Oct 14, 2026, with distributions reinvested, UDN returned \u22121.8% and UUP +7.9%."}},{"@type":"Question","name":"Which is cheaper, UDN or UUP?","acceptedAnswer":{"@type":"Answer","text":"UDN is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's own filings."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"UDN vs UUP","item":"https://etfiq.com/compare/any/udn-vs-uup"}]},{"@type":"WebPage","name":"UDN vs UUP: Differences, Returns & Fees","description":"UDN and UUP side by side to Oct 14, 2026: one-year total return \u22121.8% against +7.9%, expense ratio 0.68% against 0.69%.","url":"https://etfiq.com/compare/any/udn-vs-uup","dateModified":"2026-10-14","speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"}},{"@type":"Dataset","name":"ETFIQ comparison of UDN and UUP","description":"UDN and UUP side by side to Oct 14, 2026: one-year total return \u22121.8% against +7.9%, expense ratio 0.68% against 0.69%.","dateModified":"2026-10-14","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"url":"https://etfiq.com/compare/any/udn-vs-uup","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/core.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"UDN vs UUP","item":"https://etfiq.com/compare/any/udn-vs-uup"}]},{"@type":"WebPage","name":"UDN vs UUP: Differences, Returns & Fees","description":"UDN and UUP side by side to Oct 14, 2026: one-year total return \u22121.8% against +7.9%, expense ratio 0.68% against 0.69%.","url":"https://etfiq.com/compare/any/udn-vs-uup","dateModified":"2026-10-14","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3366,"truncated":true,"content":"ETFIQ / Compare ETFs / UDN vs UUP \n \n Data as of Oct 14, 2026.\n ETFIQ etfiq.com \u00b7 independent ETF data \n UDN vs UUP: Differences, Returns & Fees\n UDN and UUP are both currency funds, and over the year UUP returned +7.9% against \u22121.8%.\n Copy this for sharing \n UDN costs 0.01 points a year less; their one-year returns differ by 9.7 points; UUP is 4.6 times larger.\n UDN and UUP at a glance. As of Oct 14, 2026. Source: ETFIQ. UDN UUP \n Expense ratio 0.68% 0.69% \n Net assets $101m $466m \n Total return, 1 year \u22121.8% +7.9% \n What it tracks Short dollar index futures Dollar index futures \n Holdings in","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, UDN against UUP, data as of Oct 14, 2026. https://etfiq.com/compare/any/udn-vs-uup","a":{"ticker":"UDN","name":"Invesco DB USD Index Bearish ETF","issuer":"Invesco","desk":"core","as_of":"2026-10-14","verdict":"UDN holds short dollar index futures and returned \u22121.8% over the year to Oct 14, 2026.","url":"https://etfiq.com/funds/udn","key_facts":[{"label":"Total return, 1 year","value":"\u22121.8%","as_of":"2026-10-14","source":null},{"label":"Expense ratio","value":"0.68%","as_of":"2026-10-14","source":null},{"label":"Contracts (10-Q, Jun 30, 2026)","value":"1","as_of":"2026-10-14","source":"10-Q, Jun 30, 2026"},{"label":"Below its high","value":"\u221229.4%","as_of":"2026-10-14","source":null},{"label":"12-month yield, capital gains included, on its starting price","value":"2.9%","as_of":"2026-10-14","source":null},{"label":"Last payment (paid annual), ex-date Dec 22, 2025","value":"$0.5355","as_of":"2026-10-14","source":null},{"label":"Net assets","value":"$101m","as_of":"2026-10-14","source":"issuer page, as of Oct 14, 2026"}]},"b":{"ticker":"UUP","name":"Invesco DB USD Index Bullish Fund ETF","issuer":"Invesco","desk":"core","as_of":"2026-10-14","verdict":"UUP holds dollar index futures and returned +7.9% over the year to Oct 14, 2026.","url":"https://etfiq.com/funds/uup","key_facts":[{"label":"Total return, 1 year","value":"+7.9%","as_of":"2026-10-14","source":null},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-14","source":null},{"label":"Contracts (10-Q, Jun 30, 2026)","value":"1","as_of":"2026-10-14","source":"10-Q, Jun 30, 2026"},{"label":"Below its high","value":"0.0%","as_of":"2026-10-14","source":null},{"label":"12-month yield, capital gains included, on its starting price","value":"3.3%","as_of":"2026-10-14","source":null},{"label":"Last payment (paid annual), ex-date Dec 22, 2025","value":"$0.9269","as_of":"2026-10-14","source":null},{"label":"Net assets","value":"$466m","as_of":"2026-10-14","source":"issuer page, as of Oct 14, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/any/udn-vs-uup"}