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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›UDN

UDN

INVESCO DB US DOLLAR INDEX BEARISH FUND

Next earnings ≈ Aug 7, 2026 · est. from filing cadence

Sell
$17.91
▲ +0.19%
$17.91▼ -1.97%
over 1Y
L $17.77H $18.73
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.2%
1W+0.6%
1M-1.5%
3M-0.4%
YTD-1.7%
1Y-2.0%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Sell
Quality
B-
Valuation
Fair value
Filings
Watch
Sell
Conviction
Horizon
Medium (3–12mo)

Mixed signals in the latest filings.

Return on equity 6.5% · latest

INVESCO DB US DOLLAR INDEX BEARISH FUND shows limited reported revenue, and 6.5% ROE.

On these fundamentals, UDN screens as SELL on the SEC figures.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue—————
Gross profit—————
Operating income-$540K$674K$3.27M$2.62M$4.12M
Net income-$5.55M-$2.01M$2.40M-$3.45M$9.00M
Diluted EPS—————
Net margin—————

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield6.8%
FCF yield—

Quality & risk

ROIC (est.)2.3%
Free cash flow—
Total debt—
Net cash$0.00

Capital returns

Buyback yield22.1%
Dividend yield (est.)3.1%
Shareholder yield25.2%
Shares Δ YoY+162.5%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-08
  2. 10-Q Quarterly report2026-05-07
  3. 10-K Annual report2026-03-02
  4. 10-Q Quarterly report2025-11-07
  5. 10-Q Quarterly report2025-08-07
  6. 10-Q Quarterly report2025-05-08
  7. 10-K Annual report2025-02-26
  8. 10-Q Quarterly report2024-11-07
  9. S-1/A Securities registration2024-08-20

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-042026-06-08open ↗10-QPeriod ending 2026-03-312026-05-07open ↗424IFiling2026-03-31open ↗10-KPeriod ending 2025-12-312026-03-02open ↗10-QPeriod ending 2025-09-302025-11-07open ↗424B3Filing2025-08-26open ↗10-QPeriod ending 2025-06-302025-08-07open ↗10-QPeriod ending 2025-03-312025-05-08open ↗424IFiling2025-03-26open ↗10-KPeriod ending 2024-12-312025-02-26open ↗424B3Filing2024-11-12open ↗10-QPeriod ending 2024-09-302024-11-07open ↗

Quality score

B-
ValueGrowthProfitHealthMom.
Value—
GrowthA+
ProfitabilityC
Financial healthA-
MomentumF
  • ✓Profitable (positive net income)
  • ✗Return on equity above 15%
17.7752-week18.73
Revenue
—
Net margin
—
ROE
6.5%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Net income$9.00M+360.8%
Operating income$4.12M+57.4%
Cash & equivalents$0.00
Total assets$139M+170.2%
Total liabilities$77.6K-72.3%
Stockholders' equity$139M+171.5%
L/E: 0.00x

Frequently asked

Is INVESCO DB US DOLLAR INDEX BEARISH FUND (UDN) a buy?
UDN currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is INVESCO DB US DOLLAR INDEX BEARISH FUND's quality score?
UDN scores 66.63764520491621/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001383149, latest 10-Q filed 2026-05-07) · EODHD · as of 7/4/2026, 7:22:04 AM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Dividends

Annual
Yield (TTM)
3.0%
Annual / share
$0.54
Last ex-date
2025-12-22
Last amount
$0.54
ex 2025-12-22paid 2025-12-26$0.54
ex 2024-12-23paid 2024-12-27$0.89
ex 2023-12-18paid 2023-12-22$0.96
ex 2022-12-19paid 2022-12-23$0.13
ex 2019-12-23paid 2019-12-31$0.28
ex 2018-12-24paid 2018-12-31$0.27

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Recent news

market news →
Is the Dollar Index Preparing for a Significant Break?Bullish
finance.yahoo.com· 2026-06-09
Dollar eases as Iran deal optimism and oil swings drive sentiment: Currency RecapBullish
seekingalpha.com· 2026-05-25
MoneyMasters Podcast 5-21-26- US-China Insights the NEW Balanced PortfolioBullish
finance.yahoo.com· 2026-05-21
Dollar softens as Fed expectations and oil remain in focus: Currency RecapBearish
seekingalpha.com· 2026-05-18
Bessent defends the U.S. participating in currency swaps with Persian Gulf alliesBullish
seekingalpha.com· 2026-04-24
Fading Haven Demand Hits Dollar: ETFs to Consider NowBullish
finance.yahoo.com· 2026-04-17

Vs tracked universe

compare →

1195 tracked peers · median

EDGAR Score67 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity6.5% vs 12.0%
P/E— vs 26.2

News sentiment

EODHD · 4d
Bearish
-0.18
vs typical · 4 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.