For example, the largest U.S.-dollar ETF in the space, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), tracks a basket of euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc currencies. UUP has a 0.75% management fee. [Currency ETFs for a Stronger U.S. Dollar]
Investors can now choose an actively managed option with the more recently launched WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU), which tries to track the USD against the euro, yen, Canadian dollar, pound sterling, Mexican peso, Australian dollar, franc, South Korean won, Chinese yuan and Brazilian real. USDU has a 0.50% expense ratio.
For the more aggressive trader, the PowerShares DB 3x Long US Dollar Index Futures ETN (NYSEArca: UUPT) provides a leveraged 300% bullish monthly return to the U.S. dollar futures index. The ETN has a 0.95% expense ratio.
For more information on the USD, visit our U.S. dollar category.
Max Chen contributed to this article.