Go vekc out mrfiredupwealth channel. He does hold some semi conductor etf. You need to sieve through his video to get what he holds.

Go vekc out mrfiredupwealth channel. He does hold some semi conductor etf. You need to sieve through his video to get what he holds.

Just note that UUP is an ETF that invests in DXY Futures, so u wont get any dividends.

And you can get a double whammy if USD weakens further.

Eg from peak USD in Oct last year, UUP has dropped  abt 10% in USD terms. Meaning in MYR terms u would have lost nearly 20% from October.

But of course, if USD strenghtens, u get double the benefit.

The peak was at end of Sept at 30.76 🤦‍♀️

UUP is Invesco Bullish US Currency fund so beware of it as it uses DXY while USDU uses Bloomberg Dollar Index to track

One is pure USD currency index while the latter is major is currencies weighted