SPXD vs. UPGR

Last updated Jun 5, 2026

SPXD (Xtrackers S&P 500 Diversified Sector Weight ETF) and UPGR (Xtrackers US Green Infrastructure Select Equity ETF) are both exchange-traded funds - SPXD is a Large Cap Value Equities fund tracking the S&P 500 Diversified Sector Weight Index, while UPGR is a Energy Equities fund tracking the Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. Both are passively managed. A 0.63 correlation means they provide meaningful diversification when combined. SPXD charges 0.09%/yr vs 0.35%/yr for UPGR.

Performance

SPXD vs. UPGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPXD achieves a 10.08% return, which is significantly lower than UPGR's 23.29% return.

SPXD

• 1D: 0.59%
• 1M: 3.15%
• YTD: 10.08%
• 6M: 10.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPGR

• 1D: 0.97%
• 1M: 11.33%
• YTD: 23.29%
• 6M: 17.90%
• 1Y: 73.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPXD vs. UPGR - Yearly Performance Comparison

	2026 (YTD)	2025
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	10.08%	5.02%
UPGR Xtrackers US Green Infrastructure Select Equity ETF	23.29%	17.32%

Correlation

The correlation between SPXD and UPGR is 0.63, 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 Jul 25, 2025	0.63

Return for Risk

SPXD vs. UPGR — Risk / Return Rank

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

UPGR

UPGR Risk / Return Rank: 70
UPGR Sharpe Ratio Rank: 76
UPGR Sortino Ratio Rank: 69
UPGR Omega Ratio Rank: 61
UPGR Calmar Ratio Rank: 84
UPGR Martin Ratio Rank: 62

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.

SPXD vs. UPGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SPXD	UPGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.70	0.22	+1.49

Drawdowns

SPXD vs. UPGR - Drawdown Comparison

The maximum SPXD drawdown since its inception was -7.53%, smaller than the maximum UPGR drawdown of -46.60%. Use the drawdown chart below to compare losses from any high point for SPXD and UPGR.

Drawdown Indicators

	SPXD	UPGR	Difference
Max Drawdown Largest peak-to-trough decline	-7.53%	-46.60%	+39.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.55%	—
Current Drawdown Current decline from peak	0.00%	-1.57%	+1.57%
Average Drawdown Average peak-to-trough decline	-1.23%	-20.50%	+19.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.73%	—

Volatility

Volatility by Period

	SPXD	UPGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	30.23%	-19.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.78%	30.49%	-19.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.78%	30.49%	-19.71%

SPXD vs. UPGR - Expense Ratio Comparison

SPXD has a 0.09% expense ratio, which is lower than UPGR's 0.35% expense ratio.

Dividends

SPXD vs. UPGR - Dividend Comparison

SPXD's dividend yield for the trailing twelve months is around 1.02%, more than UPGR's 0.27% yield.

Position	TTM	2025	2024	2023
SPXD Xtrackers S&P 500 Diversified Sector Weight ETF	1.02%	0.76%	0.00%	0.00%
UPGR Xtrackers US Green Infrastructure Select Equity ETF	0.27%	0.39%	1.16%	0.32%

Frequently Asked Questions

Can I hold both SPXD and UPGR in my portfolio?

SPXD and UPGR have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPXD or UPGR?

On fees, SPXD is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPXD or UPGR?

SPXD is cheaper with a 0.09% expense ratio, compared with 0.35% for UPGR.

Which ETF pays a higher dividend yield, SPXD or UPGR?

SPXD has the higher dividend yield at 1.02%, compared with 0.27% for UPGR.

What is the main difference between SPXD and UPGR?

SPXD is categorized as Large Cap Value Equities, while UPGR is Energy Equities. SPXD tracks S&P 500 Diversified Sector Weight Index, while UPGR tracks Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. Their fees differ too: 0.09% for SPXD and 0.35% for UPGR.