UPUPX vs. UPDDX

Last updated Jun 24, 2026

UPUPX (Upright Growth Fund) and UPDDX (Upright Growth & Income Fund) are both mutual funds - UPUPX is a Technology Equities fund managed by Upright Investments Trust, while UPDDX is a Large Cap Value Equities fund managed by Upright Investments Trust. Their correlation of 0.95 suggests significant overlap in exposure. UPUPX charges 2.09%/yr vs 2.57%/yr for UPDDX.

Performance

UPUPX vs. UPDDX - Performance Comparison

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

Returns By Period

UPUPX

• 1D: 1.15%
• 1M: -2.50%
• YTD: 46.21%
• 6M: 45.80%
• 1Y: 75.04%
• 3Y*: 31.98%
• 5Y*: 8.38%
• 10Y*: 7.56%

UPDDX

• 1D: 0.64%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UPUPX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
UPUPX Upright Growth Fund	-2.88%
UPDDX Upright Growth & Income Fund	-1.89%

Correlation

The correlation between UPUPX and UPDDX is 0.95, 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	0.95

Return for Risk

UPUPX vs. UPDDX — Risk / Return Rank

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

UPUPX

UPUPX Risk / Return Rank: 80
UPUPX Sharpe Ratio Rank: 85
UPUPX Sortino Ratio Rank: 64
UPUPX Omega Ratio Rank: 71
UPUPX Calmar Ratio Rank: 92
UPUPX Martin Ratio Rank: 91

UPDDX

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

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.

UPUPX vs. UPDDX - Risk-Adjusted Trends Comparison

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

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.

	UPUPX	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	2.56	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	4.62	—	—
Martin ratio: Return relative to average drawdown	17.03	—	—

Drawdowns

UPUPX vs. UPDDX - Drawdown Comparison

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

Drawdown Indicators

	UPUPX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-78.77%	-10.36%	-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	-9.44%	-5.37%	-4.07%
Average Drawdown Average peak-to-trough decline	-32.06%	-4.62%	-27.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.43%	—	—

Volatility

Volatility by Period

	UPUPX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.63%	34.88%	-5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.32%	34.88%	-3.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.22%	34.88%	-0.66%

UPUPX vs. UPDDX - Expense Ratio Comparison

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

Dividends

UPUPX vs. UPDDX - Dividend Comparison

UPUPX's dividend yield for the trailing twelve months is around 5.78%, while UPDDX has not paid dividends to shareholders.

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	5.78%	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 UPUPX and UPDDX in my portfolio?

With a correlation of 0.95, UPUPX 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.