WisdomTree Launches U.S. Dollar Bullish Fund

|About: WisdomTree Bloomberg U.... (USDU)|By:, SA News Editor

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) invests in the appreciation of the U.S. dollar relative to a basket of approximately 10 global currencies at a time.

This actively managed ETF is the newest addition to WisdomTree's (WETF) extensive portfolio of international focus funds and will feature an expense ratio of 0.50%.

The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) is the current leader in this space, with close to 7 years of trading behind it and $685 million in assets under management.

Other U.S. dollar ETFs: UDN, DBV, FORX, UDNT, UUPT, CCX