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The ETF: PowerShares DB US Dollar Index Bearish Fund (UDN)
All ETFs > Commodity ETFs > Currency ETFs > US Dollar ETFs
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PowerShares DB US Dollar Index Bearish Fund
The PowerShares DB US Dollar Bearish Fund is based on the Deutsche Bank Short US Dollar Index (USDX) Futures Index (DB Short USD Futures Index). The Indexes, which are managed by DB Commodity Services LLC, are rules-based indexes composed solely of short USDX futures contracts. The USDX futures contract is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
The ETF Tracks This Index:
This fund is based on the Deutsche Bank Short US Dollar Index (USDUPX). You cannot buy shares in the index directly.