PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
UPST vs. IGV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UPST and IGV is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

UPST vs. IGV

Last updated May 31, 2025

Compare and contrast key facts about Upstart Holdings, Inc. (UPST) and iShares Expanded Tech-Software Sector ET (IGV).

IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UPST or IGV.

Performance

UPST vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Upstart Holdings, Inc. (UPST) and iShares Expanded Tech-Software Sector ET (IGV). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

UPST:

0.91

IGV:

1.22

Sortino Ratio

UPST:

2.13

IGV:

1.39

Omega Ratio

UPST:

1.25

IGV:

1.18

Calmar Ratio

UPST:

1.07

IGV:

0.95

Martin Ratio

UPST:

3.76

IGV:

2.94

Ulcer Index

UPST:

26.78%

IGV:

8.79%

Daily Std Dev

UPST:

105.16%

IGV:

28.75%

Max Drawdown

UPST:

-96.90%

IGV:

-62.18%

Current Drawdown

UPST:

-87.91%

IGV:

-5.82%

Returns By Period

In the year-to-date period, UPST achieves a -23.39% return, which is significantly lower than IGV's 3.53% return.

UPST

YTD

-23.39%

1M

-1.32%

6M

-40.13%

1Y

94.28%

3Y*

-2.18%

5Y*

N/A

10Y*

N/A

IGV

YTD

3.53%

1M

7.89%

6M

-1.06%

1Y

33.98%

3Y*

22.11%

5Y*

14.26%

10Y*

18.01%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Upstart Holdings, Inc.

iShares Expanded Tech-Software Sector ET

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

UPST vs. IGV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UPST
The Risk-Adjusted Performance Rank of UPST is 8383
Overall Rank
The Sharpe Ratio Rank of UPST is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of UPST is 8787
Sortino Ratio Rank
The Omega Ratio Rank of UPST is 8282
Omega Ratio Rank
The Calmar Ratio Rank of UPST is 8484
Calmar Ratio Rank
The Martin Ratio Rank of UPST is 8181
Martin Ratio Rank
IGV
The Risk-Adjusted Performance Rank of IGV is 7676
Overall Rank
The Sharpe Ratio Rank of IGV is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of IGV is 7777
Sortino Ratio Rank
The Omega Ratio Rank of IGV is 7474
Omega Ratio Rank
The Calmar Ratio Rank of IGV is 7878
Calmar Ratio Rank
The Martin Ratio Rank of IGV is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UPST vs. IGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Upstart Holdings, Inc. (UPST) and iShares Expanded Tech-Software Sector ET (IGV). 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.

The current UPST Sharpe Ratio is 0.91, which is comparable to the IGV Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of UPST and IGV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

UPST vs. IGV - Dividend Comparison

Neither UPST nor IGV has paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
UPST
Upstart Holdings, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IGV
iShares Expanded Tech-Software Sector ET		0.00%0.00%0.41%0.01%0.00%0.35%0.02%0.16%0.09%0.82%0.22%0.29%

Drawdowns

UPST vs. IGV - Drawdown Comparison

The maximum UPST drawdown since its inception was -96.90%, which is greater than IGV's maximum drawdown of -62.18%. Use the drawdown chart below to compare losses from any high point for UPST and IGV.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

UPST vs. IGV - Volatility Comparison

Upstart Holdings, Inc. (UPST) has a higher volatility of 22.04% compared to iShares Expanded Tech-Software Sector ET (IGV) at 6.21%. This indicates that UPST's price experiences larger fluctuations and is considered to be riskier than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...