UPDDX vs. UPUPX

Last updated Jun 23, 2026

UPDDX (Upright Growth & Income Fund) and UPUPX (Upright Growth Fund) are both mutual funds - UPDDX is a Large Cap Value Equities fund managed by Upright Investments Trust, while UPUPX is a Technology Equities fund managed by Upright Investments Trust. Their correlation of 0.94 suggests significant overlap in exposure. UPDDX charges 2.57%/yr vs 2.09%/yr for UPUPX.

Performance

UPDDX vs. UPUPX - Performance Comparison

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

Returns By Period

UPDDX

• 1D: 2.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPUPX

• 1D: 3.89%
• 1M: -3.61%
• YTD: 44.55%
• 6M: 44.81%
• 1Y: 73.21%
• 3Y*: 29.85%
• 5Y*: 8.62%
• 10Y*: 7.14%

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

UPDDX vs. UPUPX - Yearly Performance Comparison

	2026 (YTD)
UPDDX Upright Growth & Income Fund	-2.51%
UPUPX Upright Growth Fund	-3.98%

Correlation

The correlation between UPDDX and UPUPX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.94

Return for Risk

UPDDX vs. UPUPX — Risk / Return Rank

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

UPDDX

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

UPUPX

UPUPX Risk / Return Rank: 75
UPUPX Sharpe Ratio Rank: 77
UPUPX Sortino Ratio Rank: 57
UPUPX Omega Ratio Rank: 63
UPUPX Calmar Ratio Rank: 90
UPUPX Martin Ratio Rank: 89

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.

UPDDX vs. UPUPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Upright Growth & Income Fund (UPDDX) and Upright Growth Fund (UPUPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UPDDX	UPUPX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.37	—
Sortino ratio: Return per unit of downside risk	—	2.89	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	4.29	—
Martin ratio: Return relative to average drawdown	—	15.94	—

Drawdowns

UPDDX vs. UPUPX - Drawdown Comparison

The maximum UPDDX drawdown since its inception was -10.36%, smaller than the maximum UPUPX drawdown of -78.77%. Use the drawdown chart below to compare losses from any high point for UPDDX and UPUPX.

Drawdown Indicators

	UPDDX	UPUPX	Difference
Max Drawdown Largest peak-to-trough decline	-10.36%	-78.77%	+68.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.55%	—
Current Drawdown Current decline from peak	-5.98%	-10.47%	+4.49%
Average Drawdown Average peak-to-trough decline	-4.58%	-32.06%	+27.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.39%	—

Volatility

Volatility by Period

	UPDDX	UPUPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.89%	29.65%	+6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.89%	31.32%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.89%	34.20%	+1.69%

UPDDX vs. UPUPX - Expense Ratio Comparison

UPDDX has a 2.57% expense ratio, which is higher than UPUPX's 2.09% expense ratio.

Dividends

UPDDX vs. UPUPX - Dividend Comparison

UPDDX has not paid dividends to shareholders, while UPUPX's dividend yield for the trailing twelve months is around 5.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
UPUPX Upright Growth Fund	5.85%	8.45%	0.00%	2.12%	1.33%	3.85%	0.00%	0.00%	0.00%	3.53%	21.87%	5.39%

Frequently Asked Questions

Can I hold both UPDDX and UPUPX in my portfolio?

With a correlation of 0.94, UPDDX and UPUPX 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.