Xtrackers US Green Infrastructure Select… (UPGR) Performance
UPGR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −13.7% since Dec 31, 2025
- 1 year
- −16.6% total return
- 3 years
- +5.8% a year
- Since first price
- −5.1% a year since 2023
UPGR trailing returns vs SPY, QQQ, AGG
| Period | UPGR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.5% | −8.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −17.2% | −19.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −20.1% | −22.2% | +7.8% | +8.4% | −1.5% |
| YTD | −13.7% | −16.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −16.6% | −18.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +18.5%+5.8%/yr | +13.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJul 13, 2023 | −15.7%−5.1%/yr | −19.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: UPGR vs SPY
From Jul 13, 2023: UPGR grew to $8,431, SPY to $17,591.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
UPGR returns by calendar year
1 of 2 full years positive. Best 2025 (+35.3%), worst 2024 (−14.7%). 2026 is year to date.
UPGR annual returns table
| Year | UPGR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −13.7% | −31.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +35.3% | −30.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −14.7% | −17.8% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
UPGR largest drawdowns
Now 31.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 18, 2023 | −46.6% | Apr 8, 2025 | Oct 6, 2025 | 1.7 years | 2.2 years |
| Jun 2, 2026 | −31.1% | Oct 23, 2026 | not yet | 5 months | 5 months so far |
| Oct 15, 2025 | −16.6% | Mar 30, 2026 | May 8, 2026 | 5 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
UPGR risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +3.5% | −3.7% |
| Volatility (annualized) | 28.4% | 28.9% |
| Sharpe ratio | 0.10 | -0.14 |
| Sortino ratio | 0.15 | -0.20 |
| Best month | +12.8% | +12.8% |
| Worst month | −14.7% | −14.7% |
| Best 12 months | +72.1% | +72.1% |
| Worst 12 months | −23.1% | −23.1% |
| Positive months | 53% | 50% |
| Beta vs S&P 500 | 1.58 | — |
| Correlation with S&P 500 | 0.69 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
UPGR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 28 | −23.1% | +4.7% | +72.1% | 57% |
| 3-year (a year) | 4 | −0.8% | +2.3% | +6.1% | 75% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
UPGR performance overview
Xtrackers US Green Infrastructure Select… (UPGR) returned −16.6% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −5.1% a year, turning $10,000 into about $8,431. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −46.6%, from Jul 18, 2023 to Apr 8, 2025, and it took 6 months to get back to the old high. Volatility has been 28.9% a year.
Related: UPGR chart, UPGR holdings, UPGR dividends. See the UPGR overview for the latest quote and fund facts.
UPGR performance FAQ
What is the UPGR return over the past year?
UPGR returned −16.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 18.8%.
How much would $10,000 invested in UPGR be worth?
$10,000 invested in UPGR at its first recorded close on July 13, 2023 would be worth about $8,431 on October 23, 2026 with distributions reinvested.
What was the worst year for UPGR?
The worst calendar year was 2024, with a total return of −14.7%. The best was 2025 at +35.3%.
What is the biggest drawdown of UPGR?
The largest peak-to-trough decline was −46.6% between July 18, 2023 and April 8, 2025. It recovered to the old high on October 6, 2025, 6 months after the bottom.
How volatile is UPGR?
Over the past 3 years UPGR had an annualized volatility of 28.4% and a Sharpe ratio of 0.10 (excess return over 1–3 month T-bills per unit of risk).