All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

UDN: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

UDN real return snapshot: after CPI-U inflation, UDN returned −1.56% over the past year and −3.23% YTD, with dividends reinvested. Since Feb. 20, 2007, UDN is down −46.55% in real purchasing-power return, or −3.20%/yr, and is currently −53.80% below its real total-return high on Mar. 17, 2008.

Tue 2007-02-20? to Fri 2026-05-22 YTD
Return
1 Year
Return
UDN
×
−3.23%
2026-05-22
−1.56%
2026-05-22
Invesco DB US Dollar Index Bearish Fund Exchange-Traded Fund

Returns

Tue 2007-02-20? to Fri 2026-05-22 Overall
Return
Exponential
Trendline
UDN
×
−46.55%
−3.20%/yr
−4.29%/yr
(R2=0.934)
Invesco DB US Dollar Index Bearish Fund Exchange-Traded Fund

Growth of $10,000

Tue 2007-02-20? to Fri 2026-05-22 Start
Value
End
Value
UDN
×
$10,000.00
2007-02-20
$5,344.57
2026-05-22
Invesco DB US Dollar Index Bearish Fund Exchange-Traded Fund

Annual Returns

Year UDN
2026 (YTD) −3.23%
2025 +9.45%
2024 −7.20%
2023 +1.48%
2022 −13.55%
2021 −13.14%
2020 +4.74%
2019 −3.16%
2018 −6.79%
2017 +7.24%
2016 −6.42%
2015 −10.50%
2014 −12.85%
2013 −2.02%
2012 −0.39%
2011 −3.78%
2010 −3.05%
2009 +2.40%
2008 −4.60%
2007 +8.42%

Drawdowns

Tue 2007-02-20? to Fri 2026-05-22 Current
Drawdown
Worst
Drawdown
UDN
×
−53.80%
from 2008-03-17 peak
−58.19%
2022-09-27
from 2008-03-17 peak
Invesco DB US Dollar Index Bearish Fund Exchange-Traded Fund

Rolling Returns

Period ending Fri 2026-05-22 1
Year
2
Years
3
Years
5
Years
10
Years
UDN
×
−1.56% +2.98%
+1.48%/yr
+0.95%
+0.31%/yr
−22.51%
−4.97%/yr
−30.27%
−3.54%/yr
Invesco DB US Dollar Index Bearish Fund Exchange-Traded Fund