UPGD
Invesco Bloomberg Analyst Rating Improvers ETF
UPGD tracks the 50 companies with the highest analyst recommendation improvers score from the Bloomberg US Large Mid Universe over the prior 6- and 12- month periods based on Bloomberg Analyst Recommendations.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 110.4 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | May 19, 2006 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FAIR ISAAC CORP | 2.7 % |
| INTL BUSINESS MACHINES CORP | 2.3 % |
| CATERPILLAR INC | 2.3 % |
| ZOOM VIDEO COMMUNICATIONS, INC. CLASS A | 2.2 % |
| CLOUDFLARE INC CLASS A | 2.2 % |
| C.H. ROBINSON WORLDWIDE INC | 2.2 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 2.2 % |
| CARVANA CO. CLASS A | 2.2 % |
| WATERS CORP | 2.1 % |
| NETAPP INC | 2.1 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 201 |
| Wgt avg mkt cap (mns) | $58,214 |
| Large cap (>$10bn) | 94.0% |
| Mid cap ($2-10bn) | 5.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.8 % |
 |
IRELAND | 4.1 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.5% | 4.1% | 4.9% | 9.6% | 4.7% | 8.4% | -- | -15.7% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.5% | 0.6% | 0.7% | -- | 23.0% |
| Total Returns | -1.5% | 4.1% | 4.9% | 10.1% | 5.3% | 9.0% | -- | 7.3% | Ann. Volatility | 15.3% | 17.1% | 20.0% | 18.9% | 20.7% | 22.7% | -- | 24.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.74 | 69% |
| MSCI EAFE | 0.74 | 59% |
| MSCI Emg Mkts | 0.55 | 43% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $74.70 |
| Relative strength (RSI) | 49 |
| MACD/Signal | -0.39/-0.82 |
| Bollinger Bands (Upper/Lower) | $75.79/$71.44 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. UPGD |
Expenses vs. UPGD |
ALTAR Score™ vs. UPGD |
|---|---|---|---|---|
| TPHD | Timothy Plan High Dividend Stock ETF | 18.2% | +12 bp | +0.3% |
| POWA | Invesco Bloomberg Pricing Power ETF | 17.5% | 0 bp | +0.3% |
| TPHE | Timothy Plan High Dividend Stock Enhanced ETF | 17.3% | +14 bp | +0.1% |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 17.1% | -5 bp | -0.4% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 16.9% | +9 bp | -0.3% |
| SDY | State Street SPDR S&P Dividend ETF | 16.9% | -5 bp | +0.4% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 15.6% | 0 bp | -0.9% |
| VSDA | VictoryShares Dividend Accelerator ETF | 14.6% | -5 bp | +0.7% |
| CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 14.4% | -5 bp | +1.2% |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 14.4% | -2 bp | +1.2% |
Risk and Returns: UPGD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/12/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.1%
ALTAR SCORE™
59th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,201 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.1%. UPGD's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places UPGD in the 59th percentile
among funds in the category.
Sell-Side Consensus
$91.32
PRICE TARGET
+21.8%
UPSIDE