# Invesco DB US Dollar Index Bullish Fund (UUP)

> Source: Nexqual · https://nexqual.com/UUP · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Invesco DB US Dollar Index Bullish Fund (UUP), nexqual.com/UUP" · informational, not investment advice.

**Price:** USD 28.9 (-0.07% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 28.92 · day 28.87–28.97 · 52w 26.4–29.25 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +7.1% vs S&P 500 +14.9%; 5Y +33.5% vs S&P 500 +80.3%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Operating income | -$3.2M | $17.7M | $34.2M | $16.6M | $9.7M | $8.5M |
| Net income | $22.8M | $81.3M | $21.1M | $44.5M | -$22.1M | $19.5M |
| Cash + short-term investments | $0K | $5.6M | $1.0M | $557K | $0K | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +7.1% | +33.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +7.1% | +5.9% |
| Volatility (annualized) | 5.5% | 6.7% |
| Max drawdown | -3.6% (Nov 2025→Jan 2026) | -9.3% (Jan 2025→Jun 2025) |

## Peers
UDN (Invesco DB USD Index Bearish ET) USD 17.87 +0.06% · FXE (Invesco CurrencyShares Euro Cur) USD 103.53 -0.17% · FXY (Invesco CurrencyShares Japanese) USD 58.44 +0.93% · TBT (ProShares UltraShort Lehman 20 ) USD 38.24 -3.97% · TLT (iShares 20+ Year Treasury Bond ) USD 81.74 +1.87%

## More
Full page: https://nexqual.com/UUP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 4.9% | ±2.0% |
| 2026-12-18 | 56 | 6.2% | ±2.0% |
| 2027-01-15 | 84 | 11.3% | ±5.7% |
| 2027-03-19 | 147 | 12.9% | ±5.0% |