UDN vs KRBN

Comparison between Invesco DB US Dollar Index Bearish Fund -1x Shares (UDN, ETF) and KRANESHARES GLOBAL CARBON STRATEGY ETF (KRBN, ETF).

5-Year PerformanceKRBN has outperformed UDN, delivering a return of +7.0% compared to -0.9%

UDN vs KRBN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UDN(ETF)	KRBN(ETF)
Net Assets	$136M	$136M
Expense Ratio	N/A	0.90%
Max Drawdown	44.56%	53.83%
Sharpe Ratio	-0.53	0.54
5Y Beta	-0.01	0.20
5Y Dividends CAGR	38.18%	N/A

Net Assets

UDN

$136M

Winner

KRBN

$136M

Expense Ratio

UDN

N/A

KRBN

0.90%

Max Drawdown

Winner

UDN

44.56%

KRBN

53.83%

Sharpe Ratio

UDN

-0.53

Winner

KRBN

0.54

5Y Beta

Winner

UDN

-0.01

KRBN

0.20

5Y Dividends CAGR

UDN

38.18%

KRBN

N/A

UDN vs KRBN - Holdings Comparison

UDN and KRBN have 0 common holdings. Overlap is 0.00%

UDN's top 25 holdings weight is 95.02%. KRBN's top 25 holdings weight is 61.22%.

Rank	UDN	KRBN
#1	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 95.02%	KRANESHARES SUST ULTRA SHRT DUR IDX ETF (KCSH) - 57.23%
#2	N/A	STATE STREET INSTL US GOVT MMKT PREMIER (GVMXX) - 3.99%
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	2

UDN vs KRBN - Historical Returns

Returns include dividend reinvestment.

Period	UDN	KRBN
1 month	-1.42%	+0.87%
3 months	-0.55%	+11.37%
6 months	-0.43%	-2.64%
1 year	+0.16%	+11.66%
5 years(CAGR)	-0.89%	+7.03%
10 years(CAGR)	-0.53%	N/A
Max(CAGR)	-0.75%	+15.76%

UDN

-1.42%

Winner

KRBN

+0.87%

UDN

-0.55%

Winner

KRBN

+11.37%

Winner

UDN

-0.43%

KRBN

-2.64%

UDN

+0.16%

Winner

KRBN

+11.66%

5Y(CAGR)

UDN

-0.89%

Winner

KRBN

+7.03%

10Y(CAGR)

UDN

-0.53%

KRBN

N/A

Max(CAGR)

UDN

-0.75%

Winner

KRBN

+15.76%

UDN vs KRBN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UDN	KRBN
2026	-1.04%	-9.06%
2025	+13.17%	+22.00%
2024	-3.79%	-10.15%
2023	+5.97%	+8.14%
2022	-7.36%	-15.02%
2021	-7.03%	+101.38%
2020	+6.61%	+22.60%
2019	-0.26%	N/A
2018	-5.53%	N/A
2017	+10.51%	N/A
2016	-4.35%	N/A
2015	-9.04%	N/A
2014	-11.71%	N/A
2013	-0.44%	N/A
2012	+0.44%	N/A
2011	-0.52%	N/A
2010	-2.27%	N/A
2009	+6.00%	N/A
2008	-5.24%	N/A
2007	+11.41%	N/A

UDN vs KRBN Drawdown Comparison

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

The maximum drawdown for KRBN was -36.42%, occurring on Mar 7, 2022. This drawdown has not yet recovered.

The current UDN drawdown is -28.12%. The current KRBN drawdown is -15.98%.

Rank	UDN	KRBN
#1	-41.68% Mar 17, 2008 - Sep 27, 2022	-36.42% Feb 4, 2022 - Mar 7, 2022
#2	-3.75% Nov 26, 2007 - Jan 30, 2008	-16.66% Sep 14, 2020 - Dec 2, 2020
#3	-2.48% Jan 30, 2008 - Feb 26, 2008	-14.19% Dec 8, 2021 - Feb 2, 2022
#4	-1.77% Jul 24, 2007 - Sep 6, 2007	-10.67% May 14, 2021 - Jun 30, 2021
#5	-1.54% Apr 30, 2007 - Jun 29, 2007	-10.09% Jul 1, 2021 - Aug 11, 2021
#6	-1.31% Sep 28, 2007 - Oct 18, 2007	-10.05% Oct 5, 2021 - Nov 10, 2021
#7	-1.06% Nov 8, 2007 - Nov 21, 2007	-8.38% Jan 7, 2021 - Feb 3, 2021
#8	-0.80% Oct 19, 2007 - Oct 25, 2007	-6.67% Aug 16, 2021 - Aug 27, 2021
#9	-0.62% Mar 10, 2008 - Mar 12, 2008	-6.18% Aug 28, 2020 - Sep 14, 2020
#10	-0.60% Mar 1, 2007 - Mar 13, 2007	-6.12% Mar 17, 2021 - Apr 12, 2021
#11	-0.55% Mar 21, 2007 - Apr 2, 2007	-5.30% Feb 12, 2021 - Mar 10, 2021
#12	-0.50% Oct 31, 2007 - Nov 6, 2007	-3.72% Sep 8, 2021 - Sep 24, 2021
#13	-0.39% Apr 2, 2007 - Apr 5, 2007	-3.65% Aug 5, 2020 - Aug 24, 2020
#14	-0.39% Apr 25, 2007 - Apr 30, 2007	-3.40% Aug 11, 2021 - Aug 16, 2021
#15	-0.38% Apr 5, 2007 - Apr 10, 2007	-3.24% Dec 15, 2020 - Dec 24, 2020

Correlation

Correlation between UDN and KRBN is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101