Related: Are Dollar ETFs Ready to Rally?

The actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) tracks the dollar against a broader group of developed and emerging market currencies in an attempt to outperform the Bloomberg Dollar Total Return Index.

Specifically, the fund’s portfolio is comprised of euro, yen, Canadian dollar, Mexican peso, pound sterling, Australia dollar, franc, South Korean won, Chinese yuan and Brazilian real. The inclusion of emerging market currencies may help USDU outperform the dollar benchmark as emerging assets could underperform in a U.S. rising rate environment.

“The pattern is fairly mature, suggesting a breakout could be only a few weeks away. Given the short-term trend currently in progress, my own read is that the euro still has downside room. A falling euro gives the U.S. dollar a bullish wind behind its back,” according to Barron’s.

For more information on the greenback, visit our U.S. dollar category.

PowerShares DB U.S. Dollar Index Bullish Fund