WisdomTree Bloomberg US Dollar Bullish Fund

USDU

Market cap $153M

Dollar hovers around a two-month high amid global turmoil. USD plays like UUP gain attention despite U.S. shutdown & Fed rate cuts.

By Andrew Okrongly, CFA and Joe Tenaglia, CFA, CMT Key Takeaways The U.S. Dollar as a Diversifier: The dollar has exhibited a strong negative correlation to equities (-0.56 vs. the S&P 500 over 3 years), making it a powerful portfolio hedge.

WisdomTree Bloomberg U.S. Dollar Bullish ETF USDU is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 15.6% from its 52-week low price of $25.00/share.

By Kevin Flanagan Key Takeaways Mid-November repositioning in the Bianco Research Fixed Income Total Return Index (BTRINDX) included a shift to a neutral duration, reflecting a response to higher Treasury yields and persistent economic strength.

A Bloomberg gauge of the dollar rose to the highest level in more than a month after a stronger jobs report diminished rate cut bet hopes.

This week is packed with more than 100 corporate earnings, a Federal Reserve policy meeting and the job report data that may dictate the next moves for the stock market's rally.