The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USD) is an exchange-traded fund designed to track the performance of the U.S. dollar relative to a basket of foreign currencies. The ETF is managed by WisdomTree Asset Management and trades under the ticker USD on NYSE Arca.
Classified as a currency ETF providing exposure to the U.S. dollar against foreign currencies, USD seeks to reflect, before fees and expenses, changes in the value of the U.S. dollar relative to a group of international currencies.
The fund follows a passive management strategy, replicating the Bloomberg Dollar Total Return Index, using futures contracts and currency-related derivatives to maintain long exposure to the U.S. dollar.
Diversification and exposure
USD provides concentrated exposure to the global foreign exchange market, including instruments linked to:
• Currency futures contracts
• Long exposure to the U.S. dollar
• Currency derivatives
• Foreign exchange market strategies
This structure seeks to reflect relative movements of the U.S. dollar against foreign currencies without direct exposure to traditional equity markets.
Structure and costs
USD shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. USD is not primarily focused on recurring income distributions, as its structure is designed around currency exposure.
History and evolution of the ETF
The WisdomTree Bloomberg U.S. Dollar Bullish Fund was launched in 2007, during a period of expansion in currency-focused ETFs designed to provide direct exposure to the U.S. dollar.
Since inception, the fund has been used by investors seeking exposure to U.S. dollar movements against the global foreign exchange market through an exchange-traded structure.
In recent years, USD has reflected Federal Reserve monetary policy cycles, global interest rate differentials, international inflation trends, and periods of U.S. dollar strength during heightened market risk aversion.
Additional Information
WisdomTree Bloomberg U.S. Dollar Bullish Fund (United States) is an exchange-traded fund (ETF), with assets under management totaling $2.63 Billions.
Over the past 12 months, WisdomTree Bloomberg U.S. Dollar Bullish Fund recorded a return of 212.78%, with its price trading between $43.19 and $127.00 during the same period.
The ETF is traded under the ticker USD.