UPST vs. IGV
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.
Key characteristics
| UPST | IGV | |
|---|---|---|
| YTD Return | -45.84% | -2.72% |
| 1Y Return | 70.49% | 33.40% |
| 3Y Return (Ann) | -41.31% | 2.99% |
| Sharpe Ratio | 0.53 | 1.68 |
| Daily Std Dev | 110.69% | 19.76% |
| Max Drawdown | -96.90% | -92.69% |
| Current Drawdown | -94.33% | -11.55% |
Correlation
The correlation between UPST and IGV is 0.55, 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.
Performance
UPST vs. IGV - Performance Comparison
In the year-to-date period, UPST achieves a -45.84% return, which is significantly lower than IGV's -2.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
UPST vs. IGV - Dividend Comparison
UPST has not paid dividends to shareholders, while IGV's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.45% | 0.44% | 0.04% | 0.00% | 1.75% | 0.10% | 0.80% | 0.46% | 4.09% | 1.11% | 1.45% | 1.64% |
Drawdowns
UPST vs. IGV - Drawdown Comparison
The maximum UPST drawdown since its inception was -96.90%, roughly equal to the maximum IGV drawdown of -92.69%. Use the drawdown chart below to compare losses from any high point for UPST and IGV. For additional features, visit the drawdowns tool.
Volatility
UPST vs. IGV - Volatility Comparison
Upstart Holdings, Inc. (UPST) has a higher volatility of 15.71% compared to iShares Expanded Tech-Software Sector ET (IGV) at 5.59%. 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.