IPFPX vs. UPDDX

Last updated Jun 4, 2026

IPFPX (Poplar Forest Partners Fund) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. A 0.50 correlation means they provide meaningful diversification when combined. IPFPX charges 0.95%/yr vs 2.57%/yr for UPDDX.

Performance

IPFPX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Poplar Forest Partners Fund (IPFPX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IPFPX

• 1D: 1.04%
• 1M: 8.02%
• YTD: 16.81%
• 6M: 17.73%
• 1Y: 36.21%
• 3Y*: 19.36%
• 5Y*: 10.57%
• 10Y*: 10.64%

UPDDX

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

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

IPFPX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
IPFPX Poplar Forest Partners Fund	0.90%
UPDDX Upright Growth & Income Fund	3.68%

Correlation

The correlation between IPFPX and UPDDX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

Return for Risk

IPFPX vs. UPDDX — Risk / Return Rank

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

IPFPX

IPFPX Risk / Return Rank: 87
IPFPX Sharpe Ratio Rank: 91
IPFPX Sortino Ratio Rank: 89
IPFPX Omega Ratio Rank: 80
IPFPX Calmar Ratio Rank: 89
IPFPX Martin Ratio Rank: 87

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.

IPFPX vs. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Poplar Forest Partners Fund (IPFPX) 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.

	IPFPX	UPDDX	Difference
Sharpe ratio Return per unit of total volatility	3.06	—	—
Sortino ratio Return per unit of downside risk	4.36	—	—
Omega ratio Gain probability vs. loss probability	1.53	—	—
Calmar ratio Return relative to maximum drawdown	4.53	—	—
Martin ratio Return relative to average drawdown	17.06	—	—
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

	IPFPX	UPDDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	112.11	-111.53

Drawdowns

IPFPX vs. UPDDX - Drawdown Comparison

The maximum IPFPX drawdown since its inception was -47.77%, which is greater than UPDDX's maximum drawdown of -0.33%. Use the drawdown chart below to compare losses from any high point for IPFPX and UPDDX.

Drawdown Indicators

	IPFPX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-47.77%	-0.33%	-47.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.94%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.77%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.69%	-0.11%	-6.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	—	—

Volatility

Volatility by Period

	IPFPX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	21.67%	-9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.00%	21.67%	-5.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	21.67%	-1.82%

IPFPX vs. UPDDX - Expense Ratio Comparison

IPFPX has a 0.95% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

IPFPX vs. UPDDX - Dividend Comparison

IPFPX's dividend yield for the trailing twelve months is around 8.11%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPFPX Poplar Forest Partners Fund	8.11%	9.47%	10.86%	3.89%	6.17%	14.47%	2.41%	1.64%	12.47%	5.01%	2.19%	0.94%
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 IPFPX and UPDDX in my portfolio?

IPFPX 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.