USD exposure

[ozpac]

Is there a way to get exposure to USD or the DYX Index within Freetrade (SIPP)?

[petebu]

AFAIK, there is no DXY tracker available to retail investors in the UK. I wanted a UCITS equivalent to UUP but couldn’t find anything.

The two ETFs suitable for getting USD exposure are FEDG and GBUS. I requested both couple of days ago:

Lyxor Fed Funds US Dollar Cash ETF - FEDG - Share Chat

Please add Lyxor Fed Funds US Dollar Cash ETF (FEDG). This is an ETF that tracks the performance of a deposit with the Federal Reserve. With the recent weakness in the pound, this would give us a way to ride out the ongoing crash while preserving our capital. ISIN: LU1233598447 The GBP denominated listing on the LSE is under FEDG. More info: https://www.lyxoretf.co.uk/en/instit/products/fixed-income-etf/lyxor-fed-funds-us-dollar-cash-ucits-etf-acc/lu1233598447/gbp

WisdomTree Long USD Short GBP ETF - GBUS - Share Chat

Please add WisdomTree Long USD Short GBP. This is an ETF that provides exposure to a rising USD relative to GBP. With the recent weakness in the pound, this would give us a way to ride out the ongoing crash while preserving our capital. ISIN: JE00B3WPFZ34 Listed on the LSE under GBUS. More info: https://www.wisdomtree.eu/en-gb/products/ucits-etfs-unleveraged-etps/currencies/wisdomtree-long-usd-short-gbp

Please upvote and maybe we can get them added. I think FEDG is the better one. It has lower fees plus you effectively earn interest at Fed Funds rate. Both trade on the LSE denominated in GBP so no FX fee applies.

[ozpac]

Fantastic work, thank you! Voted for both.