Invesco Bloomberg Analyst Rating Improvers ETF (UPGD)
About this ETF
The Invesco Bloomberg Analyst Rating Improvers ETF, ticker symbol UPGD, is an investment vehicle designed to track the performance of the Bloomberg ANR Improvers Index. This exchange-traded fund typically commits at least 90% of its total holdings to the securities that comprise its underlying index. The index itself identifies the top 50 companies from the Bloomberg US Large Mid Universe that have shown the greatest improvement in analyst recommendations over the preceding six- and twelve-month periods. Both the index and the fund are rebalanced quarterly, specifically in March, June, September, and December. As of March 25, 2024, the fund underwent several significant changes. It was formerly known as the Invesco Raymond James SB-1 Equity ETF (RYJ). The fund's name, ticker…
Price
Top 10 holdings
| NetApp Inc NTAP | 2.70% |
| Rivian Automotive Inc RIVN | 2.42% |
| Expedia Group Inc EXPE | 2.37% |
| Williams-Sonoma Inc WSM | 2.34% |
| International Paper Co IP | 2.34% |
| Incyte Corp INCY | 2.29% |
| Mettler-Toledo International Inc MTD | 2.28% |
| Kimberly-Clark Corp KMB | 2.19% |
| Dollar General Corp DG | 2.16% |
| F5 Inc FFIV | 2.14% |
Sector mix
Price chart
Returns
| 1 month | +3.63% |
| 3 months | +9.82% |
| 6 months | +8.03% |
| Year to date | +11.24% |
| 1 year | +13.30% |
| 3 years (ann.) | +12.86% |
| 5 years (ann.) | +5.93% |
| 10 years (ann.) | +9.52% |
Risk profile
| Volatility (1y, ann.) | 14.07% |
| Sharpe (1y) | 0.96 |
| Sharpe (3y) | 0.87 |
| Sortino (1y) | 1.67 |
| Max drawdown (1y) | -10.02% |
| Max drawdown (5y) | -24.73% |
| Max drawdown (full) | -64.78% |
| Beta vs S&P 500 (1y) | 0.79 |
| Correlation vs S&P 500 (1y) | 0.70 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-22 | 2025-12-26 | USD 1.2926 |
| 2024-12-23 | 2024-12-27 | USD 0.8815 |
| 2023-12-18 | 2023-12-22 | USD 0.8582 |
| 2022-12-19 | 2022-12-23 | USD 0.3907 |
| 2021-12-20 | 2021-12-31 | USD 0.3284 |
| 2020-12-21 | 2020-12-31 | USD 0.1427 |
| 2019-12-23 | 2019-12-31 | USD 0.0958 |
| 2018-12-24 | 2018-12-31 | USD 0.5219 |
| 2016-12-23 | — | USD 0.5950 |
| 2015-12-24 | — | USD 0.3010 |
| 2014-12-24 | — | USD 0.0910 |
| 2013-12-24 | — | USD 0.1130 |
| 2012-12-24 | — | USD 0.0810 |
| 2011-12-23 | — | USD 0.0290 |
| 2008-12-24 | — | USD 0.0330 |
| 2007-12-21 | — | USD 1.8400 |
| 2006-12-22 | — | USD 0.1100 |
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 9.9% |
| Vanguard Value ETF VTV | 0.03% | 245.00B | 7.3% |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 7.2% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 5.9% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 5.8% |

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