UUP vs FEMB

Comparison between Invesco DB US Dollar Index Bullish Fund (UUP, ETF) and FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF (FEMB, ETF).

5-Year PerformanceUUP has outperformed FEMB, delivering a return of +6.0% compared to +1.4%

UUP vs FEMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UUP(ETF)	FEMB(ETF)
Net Assets	$352M	$353M
Expense Ratio	0.75%	0.85%
Max Drawdown	22.71%	52.52%
Sharpe Ratio	0.40	0.59
5Y Beta	0.00	0.14
5Y Dividends CAGR	33.66%	-2.12%

Net Assets

UUP

$352M

Winner

FEMB

$353M

Expense Ratio

Winner

UUP

0.75%

FEMB

0.85%

Max Drawdown

Winner

UUP

22.71%

FEMB

52.52%

Sharpe Ratio

UUP

0.40

Winner

FEMB

0.59

5Y Beta

Winner

UUP

0.00

FEMB

0.14

5Y Dividends CAGR

Winner

UUP

33.66%

FEMB

-2.12%

UUP vs FEMB - Historical Returns

Returns include dividend reinvestment.

Period	UUP	FEMB
1 month	+1.89%	-0.46%
3 months	+1.97%	-1.21%
6 months	+3.21%	+0.63%
1 year	+6.16%	+8.61%
5 years(CAGR)	+6.04%	+1.43%
10 years(CAGR)	+3.26%	+2.41%
Max(CAGR)	+1.62%	+0.87%

Winner

UUP

+1.89%

FEMB

-0.46%

Winner

UUP

+1.97%

FEMB

-1.21%

Winner

UUP

+3.21%

FEMB

+0.63%

UUP

+6.16%

Winner

FEMB

+8.61%

5Y(CAGR)

Winner

UUP

+6.04%

FEMB

+1.43%

10Y(CAGR)

Winner

UUP

+3.26%

FEMB

+2.41%

Max(CAGR)

Winner

UUP

+1.62%

FEMB

+0.87%

UUP vs FEMB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	UUP	FEMB
2026	+3.36%	-0.53%
2025	-5.77%	+20.69%
2024	+12.53%	-5.09%
2023	+2.52%	+17.88%
2022	+8.78%	-10.14%
2021	+5.65%	-13.65%
2020	-6.98%	+2.46%
2019	+3.32%	+11.63%
2018	+7.50%	-7.92%
2017	-9.92%	+12.34%
2016	+3.00%	+7.26%
2015	+5.99%	-14.12%
2014	+10.72%	-3.38%
2013	-1.33%	N/A
2012	-2.09%	N/A
2011	-1.54%	N/A
2010	-0.92%	N/A
2009	-7.38%	N/A
2008	+5.83%	N/A
2007	-4.30%	N/A

UUP vs FEMB Drawdown Comparison

The maximum drawdown for UUP was -22.18%, occurring on Jul 26, 2011. Recovery took 2689 trading sessions.

The maximum drawdown for FEMB was -30.44%, occurring on Oct 19, 2022. Recovery took 1186 trading sessions.

The current UUP drawdown is -2.91%. The current FEMB drawdown is -4.83%.

Rank	UUP	FEMB
#1	-22.18% Nov 20, 2008 - Jul 31, 2019	-30.44% Dec 18, 2020 - Sep 11, 2025
#2	-14.24% Mar 19, 2020 - Jun 13, 2022	-23.94% Feb 1, 2018 - Dec 7, 2020
#3	-11.16% Jun 14, 2007 - Oct 6, 2008	-20.53% Nov 25, 2014 - Sep 1, 2017
#4	-10.37% Sep 27, 2022 - Apr 10, 2024	-7.58% Feb 25, 2026 - Mar 30, 2026
#5	-10.05% Jan 13, 2025 - Jul 2, 2025	-7.12% Sep 8, 2017 - Jan 24, 2018
#6	-4.63% Feb 20, 2020 - Mar 13, 2020	-1.70% Sep 23, 2025 - Nov 6, 2025
#7	-4.25% Jun 26, 2024 - Oct 22, 2024	-1.40% Nov 18, 2025 - Dec 3, 2025
#8	-3.21% Mar 13, 2020 - Mar 19, 2020	-1.31% Dec 3, 2025 - Dec 23, 2025
#9	-3.13% Jul 14, 2022 - Aug 22, 2022	-1.20% Jan 29, 2026 - Feb 10, 2026
#10	-3.01% Oct 24, 2008 - Nov 12, 2008	-0.78% Nov 5, 2014 - Nov 18, 2014
#11	-2.78% Mar 9, 2007 - Jun 13, 2007	-0.77% Jan 26, 2018 - Feb 1, 2018
#12	-2.25% Sep 30, 2019 - Feb 6, 2020	-0.65% Nov 13, 2025 - Nov 18, 2025
#13	-1.74% Jun 14, 2022 - Jul 5, 2022	-0.65% Feb 17, 2026 - Feb 25, 2026
#14	-1.73% Sep 6, 2022 - Sep 21, 2022	-0.55% Dec 10, 2020 - Dec 15, 2020
#15	-1.69% Apr 30, 2024 - Jun 14, 2024	-0.49% Sep 17, 2025 - Sep 23, 2025

Correlation

Correlation between UUP and FEMB is 0.15 which considered as a very weak or no correlation - the stocks move independently of each other.

0.15

-101

Dividend Comparison (2007 - 2026)

UUP vs FEMB dividend yield comparison.

Year	UUP	FEMB
2026	0.00%	2.67%
2025	3.43%	5.67%
2024	4.48%	6.09%
2023	6.44%	5.15%
2022	0.89%	6.35%
2021	0.00%	6.12%
2020	0.00%	5.29%
2019	2.03%	5.40%
2018	1.08%	5.86%
2017	0.10%	6.38%
2016	0.00%	5.83%
2015	0.00%	4.89%
2014	0.00%	0.62%
2008	0.69%	0.00%
2007	0.84%	0.00%