KSPY vs UPGD

Comparison between KRANESHARES HEDGEYE HEDGED EQUITY INDEX ETF (KSPY, ETF) and INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF (UPGD, ETF).

KSPY vs UPGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KSPY(ETF)	UPGD(ETF)
Net Assets	$119M	$118M
Expense Ratio	0.88%	0.40%
Max Drawdown	11.67%	64.78%
Sharpe Ratio	1.38	0.73
5Y Beta	0.56	0.70
P/E Ratio	N/A	32.02
Forward P/E	N/A	19.27
PEG Ratio	N/A	-0.03
5Y Dividends CAGR	N/A	55.56%
5Y EPS CAGR	N/A	11.96%
Debt to Equity	N/A	443.07%
P/S Ratio	N/A	1.83
P/B Ratio	N/A	4.46

Net Assets

Winner

KSPY

$119M

UPGD

$118M

Expense Ratio

KSPY

0.88%

Winner

UPGD

0.40%

Max Drawdown

Winner

KSPY

11.67%

UPGD

64.78%

Sharpe Ratio

Winner

KSPY

1.38

UPGD

0.73

5Y Beta

Winner

KSPY

0.56

UPGD

0.70

P/E Ratio

KSPY

N/A

UPGD

32.02

Forward P/E

KSPY

N/A

UPGD

19.27

PEG Ratio

KSPY

N/A

UPGD

-0.03

5Y Dividends CAGR

KSPY

N/A

UPGD

55.56%

5Y EPS CAGR

KSPY

N/A

UPGD

11.96%

Debt to Equity

KSPY

N/A

UPGD

443.07%

P/S Ratio

KSPY

N/A

UPGD

1.83

P/B Ratio

KSPY

N/A

UPGD

4.46

KSPY vs UPGD - Holdings Comparison

KSPY and UPGD have 0 common holdings. Overlap is 0.00%

KSPY's top 25 holdings weight is 99.07%. UPGD's top 25 holdings weight is 55.86%.

Rank	KSPY	UPGD
#1	STATE STREET® SPDR® S&P 500® ETF (SPY) - 99.07%	NETAPP INC (NTAP) - 2.99%
#2	N/A	EXPEDIA GROUP INC (EXPE) - 2.68%
#3	N/A	WILLIAMS-SONOMA INC (WSM) - 2.58%
#4	N/A	INTERNATIONAL PAPER CO (IP) - 2.56%
#5	N/A	METTLER-TOLEDO INTERNATIONAL INC (MTD) - 2.48%
#6	N/A	ALLEGION PLC (ALLE) - 2.39%
#7	N/A	INCYTE CORP (INCY) - 2.32%
#8	N/A	PACCAR INC (PCAR) - 2.27%
#9	N/A	DOLLAR GENERAL CORP (DG) - 2.27%
#10	N/A	CINTAS CORP (CTAS) - 2.22%
#11	N/A	KIMBERLY-CLARK CORP (KMB) - 2.14%
#12	N/A	EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) - 2.14%
#13	N/A	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 2.14%
#14	N/A	GENERAL DYNAMICS CORP (GD) - 2.12%
#15	N/A	PPG INDUSTRIES INC (PPG) - 2.11%
#16	N/A	VERISK ANALYTICS INC (VRSK) - 2.11%
#17	N/A	BRISTOL-MYERS SQUIBB CO (BMY) - 2.10%
#18	N/A	THE ESTEE LAUDER COMPANIES INC CLASS A (EL) - 2.08%
#19	N/A	MCCORMICK & CO INC ORDINARY SHARES (NON VOTING) (MKC) - 2.08%
#20	N/A	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.07%
#21	N/A	COGNIZANT TECHNOLOGY SOLUTIONS CORP CLASS A (CTSH) - 2.04%
#22	N/A	FORD MOTOR CO (F) - 2.01%
#23	N/A	F5 INC (FFIV) - 2.01%
#24	N/A	CHURCH & DWIGHT CO INC (CHD) - 2.00%
#25	N/A	TRACTOR SUPPLY CO (TSCO) - 1.95%
Total Holdings	1	52

KSPY vs UPGD - Historical Returns

Returns include dividend reinvestment.

Period	KSPY	UPGD
1 month	+1.68%	+2.55%
3 months	+3.36%	+5.14%
6 months	+6.15%	+6.85%
1 year	+15.03%	+14.65%
5 years(CAGR)	N/A	+8.17%
10 years(CAGR)	N/A	+9.83%
Max(CAGR)	+12.45%	+8.05%

KSPY

+1.68%

Winner

UPGD

+2.55%

KSPY

+3.36%

Winner

UPGD

+5.14%

KSPY

+6.15%

Winner

UPGD

+6.85%

Winner

KSPY

+15.03%

UPGD

+14.65%

5Y(CAGR)

KSPY

N/A

UPGD

+8.17%

10Y(CAGR)

KSPY

N/A

UPGD

+9.83%

Max(CAGR)

Winner

KSPY

+12.45%

UPGD

+8.05%

KSPY vs UPGD - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	KSPY	UPGD
2026	+8.50%	+13.11%
2025	+14.13%	+8.98%
2024	+3.43%	+13.80%
2023	N/A	+16.47%
2022	N/A	-13.97%
2021	N/A	+25.57%
2020	N/A	+6.10%
2019	N/A	+30.23%
2018	N/A	-15.51%
2017	N/A	+12.33%
2016	N/A	+21.96%
2015	N/A	-5.93%
2014	N/A	+5.65%
2013	N/A	+39.25%
2012	N/A	+12.96%
2011	N/A	-3.39%
2010	N/A	+25.78%
2009	N/A	+51.42%
2008	N/A	-38.29%
2007	N/A	+2.96%
2006	N/A	-14.71%

KSPY vs UPGD Drawdown Comparison

The maximum drawdown for KSPY was -11.67%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.

The maximum drawdown for UPGD was -60.86%, occurring on Nov 20, 2008. Recovery took 1142 trading sessions.

The current KSPY drawdown is -0.24%. The current UPGD drawdown is -0.94%.

Rank	KSPY	UPGD
#1	-11.67% Feb 19, 2025 - Jun 25, 2025	-60.86% May 23, 2006 - Dec 3, 2010
#2	-4.87% Jul 16, 2024 - Sep 19, 2024	-50.19% Aug 29, 2018 - Dec 3, 2020
#3	-4.46% Feb 9, 2026 - Apr 14, 2026	-28.87% Apr 29, 2011 - Mar 15, 2012
#4	-3.04% Nov 10, 2025 - Dec 5, 2025	-27.28% Jun 23, 2015 - Nov 18, 2016
#5	-2.51% Dec 26, 2024 - Jan 22, 2025	-24.31% Nov 9, 2021 - Feb 27, 2024
#6	-1.94% Jun 15, 2026 - Jul 6, 2026	-16.90% Nov 29, 2024 - Aug 22, 2025
#7	-1.84% Jun 2, 2026 - Jun 15, 2026	-13.43% Mar 26, 2012 - Jan 2, 2013
#8	-1.73% Dec 16, 2024 - Dec 24, 2024	-12.68% Jul 3, 2014 - Feb 24, 2015
#9	-1.61% Feb 2, 2026 - Feb 6, 2026	-10.11% Jan 26, 2018 - May 16, 2018
#10	-1.47% Jan 12, 2026 - Jan 26, 2026	-10.01% Feb 27, 2026 - May 26, 2026
#11	-1.37% Oct 9, 2025 - Oct 20, 2025	-8.56% Jun 8, 2021 - Oct 19, 2021
#12	-1.21% Jul 15, 2026 - Jul 31, 2026	-6.75% Oct 6, 2025 - Dec 11, 2025
#13	-1.20% Dec 11, 2025 - Dec 22, 2025	-6.71% Jan 22, 2014 - Feb 26, 2014
#14	-1.05% Jul 29, 2025 - Aug 4, 2025	-6.69% Jul 25, 2017 - Sep 27, 2017
#15	-0.86% Oct 28, 2024 - Nov 6, 2024	-6.68% Apr 2, 2014 - Jun 18, 2014

Correlation

Correlation between KSPY and UPGD is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2006 - 2025)

KSPY vs UPGD dividend yield comparison.

Year	KSPY	UPGD
2025	6.16%	1.75%
2024	1.31%	1.28%
2023	0.00%	1.39%
2022	0.00%	0.72%
2021	0.00%	0.52%
2020	0.00%	0.28%
2019	0.00%	0.20%
2018	0.00%	1.43%
2016	0.00%	1.55%
2015	0.00%	0.93%
2014	0.00%	0.26%
2013	0.00%	0.34%
2012	0.00%	0.35%
2011	0.00%	0.14%
2008	0.00%	0.31%
2007	0.00%	10.64%
2006	0.00%	0.60%