UPGD vs VOO
Invesco Bloomberg Analyst Rating Improvers ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | UPGD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $120M | $979.0B | |
| Dividend Yield | 1.58% | 1.09% | |
| Holdings | 53 | 509 | |
| YTD Return | +14.19% | +14.48% | |
| 1Y Return | +15.47% | +22.02% | |
| 3Y Return (annualized) | +13.97% | +21.80% | |
| 5Y Return (annualized) | +8.21% | +13.36% | |
| Volatility (annualized) | 21.2% | 14.2% | |
| Max Drawdown | -60.7% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 19, 2006 | Sep 7, 2010 |
UPGD vs VOO Performance
Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year UPGD returned +15.47% while VOO returned +22.02%. Year to date, UPGD is up 14.19% versus a gain of 14.48% for VOO.
Over three years, UPGD compounded at +13.97% per year against +21.80% for VOO; over five years the annualized figures are +8.21% and +13.36% respectively. Across the full 16-year window we track, VOO has the edge at +13.61% annualized vs +8.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPGD has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 14.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -60.7% for UPGD and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
UPGD charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, UPGD currently yields 1.58% against 1.09% for VOO.
Holdings Overlap
UPGD and VOO share 43 holdings out of 513 unique holdings combined, representing a 6.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, UPGD or VOO?
UPGD has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, UPGD or VOO?
Over the past year UPGD returned +15.47% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), UPGD annualized +8.06% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, UPGD or VOO?
UPGD has been the more volatile fund at 21.2% annualized versus 14.2% for VOO. Worst drawdown: UPGD -60.7% vs VOO -34.3%.
Should I hold both UPGD and VOO?
UPGD and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between UPGD and VOO?
UPGD and VOO share 43 common holdings with a 6.1% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, UPGD or VOO?
UPGD yields 1.58% while VOO yields 1.09%, so UPGD currently pays the higher dividend yield.
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