Betashares US Dollar ETF provides exposure to the US dollar, allowing investors to hedge currency fluctuations.

The Betashares US Dollar ETF (ASX:USD) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond to the price and yield performance of the US dollar relative to the Australian dollar, before fees and expenses. The ETF provides investors with exposure to the US dollar, which can be used to hedge against foreign currency fluctuations or to gain exposure to the US economy. The ETF operates by investing in a basket of US dollar-denominated assets, such as US government bonds and US Treasury bills. The ETF's holdings are rebalanced on a monthly basis to ensure that the ETF's performance tracks the US dollar index closely.
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