ABRZX vs. UPAAX

Last updated Jun 3, 2026

ABRZX (Invesco Balanced-Risk Allocation Fund Class A) and UPAAX (Upright Assets Allocation Plus Fund) are both Tactical Allocation funds. With a 1.00 correlation, they move nearly in lockstep. ABRZX charges 1.41%/yr vs 2.49%/yr for UPAAX.

Performance

ABRZX vs. UPAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and Upright Assets Allocation Plus Fund (UPAAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ABRZX

• 1D: 0.20%
• 1M: 1.34%
• YTD: 20.22%
• 6M: 20.35%
• 1Y: 29.57%
• 3Y*: 11.95%
• 5Y*: 4.33%
• 10Y*: 4.83%

UPAAX

• 1D: 1.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABRZX vs. UPAAX - Yearly Performance Comparison

	2026 (YTD)
ABRZX Invesco Balanced-Risk Allocation Fund Class A	0.31%
UPAAX Upright Assets Allocation Plus Fund	1.48%

Correlation

The correlation between ABRZX and UPAAX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	1.00

Return for Risk

ABRZX vs. UPAAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABRZX

ABRZX Risk / Return Rank: 95
ABRZX Sharpe Ratio Rank: 96
ABRZX Sortino Ratio Rank: 91
ABRZX Omega Ratio Rank: 92
ABRZX Calmar Ratio Rank: 97
ABRZX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABRZX vs. UPAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Allocation Fund Class A (ABRZX) and Upright Assets Allocation Plus Fund (UPAAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABRZX	UPAAX	Difference
Sharpe ratio Return per unit of total volatility	3.41	—	—
Sortino ratio Return per unit of downside risk	4.49	—	—
Omega ratio Gain probability vs. loss probability	1.69	—	—
Calmar ratio Return relative to maximum drawdown	7.42	—	—
Martin ratio Return relative to average drawdown	26.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ABRZX	UPAAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.41	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	34.28	-33.66

Drawdowns

ABRZX vs. UPAAX - Drawdown Comparison

The maximum ABRZX drawdown since its inception was -26.62%, which is greater than UPAAX's maximum drawdown of -0.25%. Use the drawdown chart below to compare losses from any high point for ABRZX and UPAAX.

Drawdown Indicators

	ABRZX	UPAAX	Difference
Max Drawdown Largest peak-to-trough decline	-26.62%	-0.25%	-26.37%
Max Drawdown (1Y) Largest decline over 1 year	-4.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.33%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.62%	—	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-4.75%	-0.12%	-4.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.12%	—	—

Volatility

Volatility by Period

	ABRZX	UPAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.86%	22.25%	-13.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.21%	22.25%	-10.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.90%	22.25%	-11.35%

ABRZX vs. UPAAX - Expense Ratio Comparison

ABRZX has a 1.41% expense ratio, which is lower than UPAAX's 2.49% expense ratio.

Dividends

ABRZX vs. UPAAX - Dividend Comparison

ABRZX's dividend yield for the trailing twelve months is around 2.81%, while UPAAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABRZX Invesco Balanced-Risk Allocation Fund Class A	2.81%	3.38%	13.28%	2.21%	0.00%	26.02%	1.18%	6.49%	0.00%	6.43%	4.41%	6.91%
UPAAX Upright Assets Allocation Plus Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ABRZX and UPAAX in my portfolio?

With a correlation of 1.00, ABRZX and UPAAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.