UUP is based on the Deutsche Bank Long U.S. Dollar Index Futures Index, which is composed of long USDX futures contracts that are designed to replicate the performance of being long the U.S. dollar against the euro, Japanese yen, British pound, Canadian dollar, Swedish kona and Swiss Franc. UUP has an expense ratio of 0.75%.
Components include: Euro 57.6%, Japanese yen 13.6%, British pound 11.9%, Canadian dollar 9.1%, Swedish krona 4.2% and Swiss franc 3.6%.
For more information on the U.S. dollar, visit our U.S. dollar category.
Max Chen contributed to this article.