UPGD vs VTI
Invesco Bloomberg Analyst Rating Improvers ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, UPGD or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. UPGD is less concentrated, with 25.1% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | UPGD | VTI |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $118M | $666.9B |
| Dividend Yield | 1.56% | 1.03% |
| Holdings | 52 | 3,543 |
| YTD Return | +9.47% | +13.60%Best |
| 1Y Return | +11.24% | +18.17%Best |
| 3Y Return (annualized) | +14.92% | +23.04%Best |
| 5Y Return (annualized) | +6.65% | +12.14%Best |
| Volatility (annualized) | 21.1% | 15.7%Best |
| Max Drawdown | -60.7% | -56.6%Best |
| $10,000 over 5 years | $13,798 | $17,734Best |
| Top 10 Weight | 25.1%Best | 33.3% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | May 19, 2006 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: May 19, 2006 to Sep 25, 2026 (20.4 years).
UPGD vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 20.4 years both funds cover.
UPGD vs VTI Performance
Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year UPGD returned +11.24% while VTI returned +18.17%. Year to date, UPGD is up 9.47% versus a gain of 13.60% for VTI.
Over three years, UPGD compounded at +14.92% per year against +23.04% for VTI; over five years the annualized figures are +6.65% and +12.14% respectively. Across the full 20-year window we track, VTI has the edge at +9.62% annualized vs +7.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPGD has been the more volatile fund, with annualized monthly volatility of 21.1% compared with 15.7% for VTI. 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 -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
UPGD charges 0.40% per year while VTI 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 1.56% against 1.03% for VTI.
Holdings Overlap
98.7% of UPGD's money is in holdings VTI also owns. 4.8% of VTI's money is in holdings UPGD also owns.
Most of UPGD is already inside VTI. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 50 positions we hold weights for in UPGD and 3,463 in VTI, against full books of 52 and 3,543.
What only one of them owns
Our book lists 1,101 positions for VTI that do not appear in our book for UPGD (92.6% of the fund), and 0 for UPGD that do not appear in VTI (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in UPGD | Weight in VTI | Difference |
|---|---|---|---|
| NTAPNetapp Inc | 2.96% | 0.05% | 2.91% |
| TSLATesla Inc | 1.68% | 1.22% | 0.46% |
| EXPEExpedia Group Inc (consumer Discretionary) | 2.77% | 0.05% | 2.72% |
| ABNBAirbnb Inc | 2.57% | 0.08% | 2.49% |
| ELEstee Lauder Cos., Inc. | 2.49% | 0.03% | 2.46% |
| MTDMettler-Toledo International Inc. | 2.47% | 0.04% | 2.43% |
| WSMWilliams-sonoma Inc | 2.41% | 0.04% | 2.37% |
| INCYIncyte Corp. | 2.41% | 0.03% | 2.38% |
| CTSHCognizant Technology Solutions Corp. Class A | 2.39% | 0.04% | 2.35% |
| IPInternational Paper Co. | 2.36% | 0.03% | 2.33% |
98.7% of UPGD is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, UPGD or VTI?
UPGD has an expense ratio of 0.40% while VTI charges 0.03%. VTI is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, UPGD or VTI?
Over the past year UPGD returned +11.24% vs +18.17% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (20 years), UPGD annualized +7.79% vs +9.62% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UPGD or VTI?
UPGD has been the more volatile fund at 21.1% annualized versus 15.7% for VTI. Worst drawdown: UPGD -60.7% vs VTI -56.6%.
Should I hold both UPGD and VTI?
UPGD and VTI have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between UPGD and VTI?
98.7% of UPGD's money is in holdings VTI also owns. 4.8% of VTI's is in holdings UPGD also owns. They hold 49 positions in common, counted across the 50 positions we hold weights for in UPGD and 3,463 in VTI.
Which pays a higher dividend, UPGD or VTI?
UPGD yields 1.56% while VTI yields 1.03%, so UPGD currently pays the higher dividend yield.
Is VTI better than UPGD?
VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. UPGD is less concentrated, with 25.1% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.