GPAFX vs. UPDDX

Last updated Jun 4, 2026

GPAFX (Victory RS Large Cap Alpha Fund) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. At a correlation of -0.50, they often move in opposite directions. GPAFX charges 0.89%/yr vs 2.57%/yr for UPDDX.

Performance

GPAFX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Large Cap Alpha Fund (GPAFX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GPAFX

• 1D: 0.05%
• 1M: -0.40%
• YTD: 4.45%
• 6M: 5.86%
• 1Y: 18.57%
• 3Y*: 17.73%
• 5Y*: 10.19%
• 10Y*: 11.32%

UPDDX

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

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

GPAFX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
GPAFX Victory RS Large Cap Alpha Fund	-0.88%
UPDDX Upright Growth & Income Fund	3.68%

Correlation

The correlation between GPAFX and UPDDX is -0.50, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.50

Return for Risk

GPAFX vs. UPDDX — Risk / Return Rank

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

GPAFX

GPAFX Risk / Return Rank: 40
GPAFX Sharpe Ratio Rank: 40
GPAFX Sortino Ratio Rank: 40
GPAFX Omega Ratio Rank: 36
GPAFX Calmar Ratio Rank: 42
GPAFX Martin Ratio Rank: 41

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.

GPAFX vs. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Large Cap Alpha Fund (GPAFX) and Upright Growth & Income Fund (UPDDX). 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.

	GPAFX	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.65	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.45	—	—
Martin ratio: Return relative to average drawdown	8.81	—	—
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

	GPAFX	UPDDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	112.11	-111.65

Drawdowns

GPAFX vs. UPDDX - Drawdown Comparison

The maximum GPAFX drawdown since its inception was -62.16%, which is greater than UPDDX's maximum drawdown of -0.33%. Use the drawdown chart below to compare losses from any high point for GPAFX and UPDDX.

Drawdown Indicators

	GPAFX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-62.16%	-0.33%	-61.83%
Max Drawdown (1Y) Largest decline over 1 year	-7.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.86%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.08%	—	—
Current Drawdown Current decline from peak	-2.65%	0.00%	-2.65%
Average Drawdown Average peak-to-trough decline	-16.38%	-0.11%	-16.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	—	—

Volatility

Volatility by Period

	GPAFX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.46%	21.67%	-11.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.86%	21.67%	-5.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	21.67%	-4.05%

GPAFX vs. UPDDX - Expense Ratio Comparison

GPAFX has a 0.89% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

GPAFX vs. UPDDX - Dividend Comparison

GPAFX's dividend yield for the trailing twelve months is around 10.72%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GPAFX Victory RS Large Cap Alpha Fund	10.72%	11.19%	14.74%	1.12%	9.93%	12.50%	3.80%	3.84%	21.74%	8.36%	6.84%	13.78%
UPDDX Upright Growth & Income 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 GPAFX and UPDDX in my portfolio?

GPAFX and UPDDX have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.