Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with UPGD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to UPGD
UPGD charges 0.40% annually. There are 36 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap ETF | 0.03% | 224.00B | Jan 2004 | UPGD vs VO | |
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.27B | Nov 2005 | UPGD vs SPMD | |
| Schwab US Mid-Cap ETF | 0.04% | 14.50B | Jan 2011 | UPGD vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.66B | Jun 2004 | UPGD vs IMCB | |
| Vanguard Extended Market ETF | 0.05% | 97.70B | Dec 2001 | UPGD vs VXF |
Best Risk-Adjusted Alternatives to UPGD
UPGD has a PortfoliosLab risk / return rank of 45. There are 56 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 91 | — | Jun 2025 | UPGD vs CTEF | |
| Counterpoint Quantitative Equity ETF | 88 | 377.71M | Nov 2023 | UPGD vs CPAI | |
| LeaderShares AlphaFactor US Core Equity ETF | 88 | 117.99M | Oct 2018 | UPGD vs LSAF | |
| Invesco S&P Spin-Off ETF | 88 | 225.57M | Dec 2006 | UPGD vs CSD | |
| SRH U.S. Quality ETF | 87 | 170.62M | Oct 2022 | UPGD vs SRHQ |
Top Performing UPGD Alternatives (YTD)
UPGD is at 10.95% YTD. There are 60 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 33.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 33.99% | — | Jun 2025 | UPGD vs CTEF | |
| Invesco S&P Spin-Off ETF | 33.33% | 225.57M | Dec 2006 | UPGD vs CSD | |
| Counterpoint Quantitative Equity ETF | 26.13% | 377.71M | Nov 2023 | UPGD vs CPAI | |
| Optimize Strategy Index ETF | 24.46% | 239.89M | Apr 2024 | UPGD vs OPTZ | |
| GMO Domestic Resilience ETF | 21.60% | 36.00M | Sep 2025 | UPGD vs DRES |
Lowest Volatility Alternatives to UPGD
UPGD has 14.10% 1-year volatility. There are 29 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Bloomberg MVP Multi-factor ETF | 9.97% | 104.10M | May 2003 | UPGD vs BMVP | |
| Invesco Dynamic Market ETF | 9.97% | 95.10M | May 2003 | UPGD vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.43% | 185.97M | May 2020 | UPGD vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | UPGD vs QIDX | |
| Xtrackers Russell US Multifactor ETF | 11.17% | 300.67M | Nov 2015 | UPGD vs DEUS |
Lowest Drawdown Alternatives to UPGD
UPGD has a 1-year max drawdown of -10.01%. There are 51 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | UPGD vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 104.10M | May 2003 | UPGD vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | UPGD vs PWC | |
| WisdomTree US Multifactor Fund | -6.47% | 297.46M | Jun 2017 | UPGD vs USMF | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | -6.52% | 185.97M | May 2020 | UPGD vs SIXL |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | UPGD vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | UPGD vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | UPGD vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | UPGD vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | UPGD vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | UPGD vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | UPGD vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | UPGD vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | UPGD vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | UPGD vs IDMO |
Often Compared With UPGD
Investors most often compare UPGD with TQQQ, VOO, XMHQ. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare UPGD with Any Fund or Stock
Compare UPGD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair UPGD with funds that move differently
Invesco Bloomberg Analyst Rating Improvers ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UPGD.
Explore UPGD Diversifiers