LVAMX vs. UPDDX

Last updated Jun 4, 2026

LVAMX (LSV U.S. Managed Volatility Fund) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. With a 1.00 correlation, they move nearly in lockstep. LVAMX charges 0.94%/yr vs 2.57%/yr for UPDDX.

Performance

LVAMX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV U.S. Managed Volatility Fund (LVAMX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LVAMX

• 1D: 0.55%
• 1M: 5.50%
• YTD: 12.32%
• 6M: 13.26%
• 1Y: 21.46%
• 3Y*: 11.74%
• 5Y*: 6.85%
• 10Y*: 7.95%

UPDDX

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

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

LVAMX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
LVAMX LSV U.S. Managed Volatility Fund	1.67%
UPDDX Upright Growth & Income Fund	3.68%

Correlation

The correlation between LVAMX and UPDDX 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

LVAMX vs. UPDDX — Risk / Return Rank

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

LVAMX

LVAMX Risk / Return Rank: 68
LVAMX Sharpe Ratio Rank: 57
LVAMX Sortino Ratio Rank: 59
LVAMX Omega Ratio Rank: 53
LVAMX Calmar Ratio Rank: 87
LVAMX Martin Ratio Rank: 83

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.

LVAMX vs. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV U.S. Managed Volatility Fund (LVAMX) 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.

	LVAMX	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	3.24	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	4.27	—	—
Martin ratio: Return relative to average drawdown	15.66	—	—
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

	LVAMX	UPDDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	112.11	-111.60

Drawdowns

LVAMX vs. UPDDX - Drawdown Comparison

The maximum LVAMX drawdown since its inception was -33.38%, which is greater than UPDDX's maximum drawdown of -0.33%. Use the drawdown chart below to compare losses from any high point for LVAMX and UPDDX.

Drawdown Indicators

	LVAMX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-33.38%	-0.33%	-33.05%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.38%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.78%	-0.11%	-4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.39%	—	—

Volatility

Volatility by Period

	LVAMX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.76%	21.67%	-11.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.84%	21.67%	-5.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.13%	21.67%	-5.54%

LVAMX vs. UPDDX - Expense Ratio Comparison

LVAMX has a 0.94% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

LVAMX vs. UPDDX - Dividend Comparison

LVAMX's dividend yield for the trailing twelve months is around 18.83%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVAMX LSV U.S. Managed Volatility Fund	18.83%	21.15%	3.30%	17.00%	10.71%	6.62%	3.15%	9.37%	6.98%	3.79%	1.98%	2.22%
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 LVAMX and UPDDX in my portfolio?

With a correlation of 1.00, LVAMX and UPDDX 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.