WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU)
WisdomTree Bloomberg U.S. Dollar Bullish Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $26.45, up 0.04% on the session, giving a market capitalisation of $454.9M. Its beta of -5.45 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) aims to generate total returns that, before factoring in its operational fees and expenses, surpass the performance of its underlying benchmark index. This index is specifically constructed to capitalize on periods when the U.S. dollar appreciates in value against a range of global currencies. To achieve its desired currency exposure, encompassing both the U.S. dollar and the international currencies tracked by the index, the fund typically invests at least 80% of its capital in highly liquid assets such as money market instruments and other readily convertible securities. It's important to note that this fund follows a non-diversified investment strategy.
WisdomTree Bloomberg U.S. Dollar Bullish Fund is most often compared with the following Financial Services names: