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Performance analysis of UDN (Invesco DB US Dollar Index Bearish Fund -1x Shares)

Annual Return

Over the past 3 years, UDN has had an average annual return of +3.73%, underperforming the benchmark SPY, which returned +22.77% annual.

Over the past 5 years, UDN has had an average annual return of -0.63%, underperforming the benchmark SPY, which returned +14% annual.

Over the past 10 years, UDN has had an average annual return of -0.45%, underperforming the benchmark SPY, which returned +15.53% annual.

Since Mar 1, 2007, UDN has had an average annual return of -0.70%, underperforming the benchmark SPY, which returned +11.19% annual.

202620252024202320222021202020192018201720162015
-0.27%+12.36%-4.53%+4.90%-7.96%-7.03%+6.19%-0.97%-5.03%+9.50%-4.48%-9.84%
20142013201220112010200920082007
-12.20%-0.55%+1.34%-0.92%-1.60%+5.18%-4.51%+11.41%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+1.31%-0.37%-2.23%+2.11%-0.70%-0.33%-0.27%
2025+0.42%+1.07%+3.48%+4.50%+0.39%+2.71%-3.12%+2.52%+0.21%-2.07%+0.61%+1.26%+12.36%
2024-1.96%-0.33%-0.11%-1.56%+1.93%-0.86%+2.12%+2.48%+1.12%-2.90%-1.74%-2.63%-4.53%
2023+1.63%-2.67%+2.57%+1.23%-2.37%+1.40%+1.33%-1.50%-2.15%-0.12%+3.28%+2.40%+4.90%
2022-1.03%-0.20%-1.75%-4.79%+1.55%-3.00%-1.13%-2.75%-3.39%+0.83%+5.62%+2.23%-7.96%
2021-0.82%-0.47%-2.55%+2.14%+1.37%-2.77%+0.28%-0.71%-1.76%+0.08%-1.97%+0.05%-7.03%
2020-1.23%-0.69%-0.64%-0.20%+0.60%+0.85%+4.11%+1.11%-1.90%-0.13%+2.11%+2.18%+6.19%
2019+0.53%-0.71%-1.19%-0.29%-0.29%+1.76%-2.68%-0.20%-0.68%+2.22%-1.01%+1.69%-0.97%
2018+3.31%-1.69%+0.53%-2.10%-2.55%-0.60%+0.05%-0.69%-0.05%-2.05%-0.19%+1.02%-5.03%
2017+2.63%-1.48%+0.58%+1.40%+1.94%+1.35%+2.75%+0.13%-0.63%-1.68%+1.66%+0.56%+9.50%

Drawdown analysis of UDN (Invesco DB US Dollar Index Bearish Fund -1x Shares)

The maximum drawdown for the UDN was -41.68%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current UDN drawdown is -27.48%.

Since Mar 1, 2007 UDN has experienced the following drawdowns:

  • 40% or more: 1 time
  • 30% or more: 1 time
  • 20% or more: 1 time
  • 10% or more: 1 time
DepthStartTo BottomBottomTo RecoverEndTotal
-41.68%Mar 17, 20083659Sep 27, 2022OngoingOngoingOngoing
-3.75%Nov 26, 200715Dec 17, 200729Jan 30, 200844
-2.48%Jan 30, 20086Feb 7, 200812Feb 26, 200818
-1.77%Jul 24, 200717Aug 16, 200714Sep 6, 200731
-1.54%Apr 30, 200731Jun 13, 200712Jun 29, 200743
-1.32%Sep 28, 20076Oct 8, 20078Oct 18, 200714
-1.06%Nov 8, 20072Nov 12, 20077Nov 21, 20079
-0.79%Oct 19, 20071Oct 22, 20073Oct 25, 20074
-0.61%Mar 10, 20081Mar 11, 20081Mar 12, 20082
-0.60%Mar 1, 20076Mar 9, 20072Mar 13, 20078
-0.54%Mar 21, 20072Mar 23, 20076Apr 2, 20078
-0.50%Oct 31, 20072Nov 2, 20072Nov 6, 20074
-0.38%Apr 2, 20071Apr 3, 20072Apr 5, 20073
-0.38%Jul 2, 20071Jul 3, 20074Jul 10, 20075
-0.38%Apr 5, 20071Apr 9, 20071Apr 10, 20072
-0.38%Apr 25, 20071Apr 26, 20072Apr 30, 20073
-0.37%Sep 12, 20073Sep 17, 20071Sep 18, 20074
-0.18%Feb 28, 20081Feb 29, 20082Mar 4, 20083
-0.15%Sep 25, 20071Sep 26, 20072Sep 28, 20073
-0.14%Nov 21, 20071Nov 23, 20071Nov 26, 20072
-0.12%Mar 14, 20071Mar 15, 20071Mar 16, 20072
-0.12%Mar 16, 20071Mar 19, 20071Mar 20, 20072
-0.11%Jul 13, 20071Jul 16, 20072Jul 18, 20073
-0.08%Apr 18, 20073Apr 23, 20071Apr 24, 20074
-0.08%Jul 20, 20071Jul 23, 20071Jul 24, 20072