UPGD vs NBSM

Comparison between INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF (UPGD, ETF) and NEUBERGER BERMAN SMALL-MID CAP ETF (NBSM, ETF).

UPGD vs NBSM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	UPGD(ETF)	NBSM(ETF)
Net Assets	$118M	$118M
Expense Ratio	0.40%	0.65%
Max Drawdown	64.78%	25.33%
Sharpe Ratio	0.87	0.52
5Y Beta	0.70	0.87
P/E Ratio	33.53	23.70
Forward P/E	18.76	18.56
PEG Ratio	0.07	0.07
5Y Dividends CAGR	55.56%	N/A
5Y EPS CAGR	10.83%	11.11%
Debt to Equity	-74.82%	62.88%
P/S Ratio	1.83	2.53
P/B Ratio	4.46	2.97

Net Assets

UPGD

$118M

NBSM

$118M

Expense Ratio

Winner

UPGD

0.40%

NBSM

0.65%

Max Drawdown

UPGD

64.78%

Winner

NBSM

25.33%

Sharpe Ratio

Winner

UPGD

0.87

NBSM

0.52

5Y Beta

Winner

UPGD

0.70

NBSM

0.87

P/E Ratio

UPGD

33.53

Winner

NBSM

23.70

Forward P/E

UPGD

18.76

Winner

NBSM

18.56

PEG Ratio

UPGD

0.07

Winner

NBSM

0.07

5Y Dividends CAGR

UPGD

55.56%

NBSM

N/A

5Y EPS CAGR

UPGD

10.83%

Winner

NBSM

11.11%

Debt to Equity

Winner

UPGD

-74.82%

NBSM

62.88%

P/S Ratio

Winner

UPGD

1.83

NBSM

2.53

P/B Ratio

UPGD

4.46

Winner

NBSM

2.97

UPGD vs NBSM - Holdings Comparison

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

UPGD's top 25 holdings weight is 54.14%. NBSM's top 25 holdings weight is 45.50%.

Rank	UPGD	NBSM
#1	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 2.56%	REVVITY INC (RVTY) - 2.24%
#2	NETAPP INC (NTAP) - 2.45%	GATES INDUSTRIAL CORP PLC (GTES) - 2.13%
#3	WILLIAMS-SONOMA INC (WSM) - 2.39%	COMMUNITY FINANCIAL SYSTEM INC (CBU) - 2.10%
#4	INTERNATIONAL PAPER CO (IP) - 2.37%	APTARGROUP INC (ATR) - 2.10%
#5	EXPEDIA GROUP INC (EXPE) - 2.33%	BIO-TECHNE CORP (TECH) - 2.08%
#6	INCYTE CORP (INCY) - 2.28%	KIRBY CORP (KEX) - 2.07%
#7	METTLER-TOLEDO INTERNATIONAL INC (MTD) - 2.28%	UMB FINANCIAL CORP (UMBF) - 2.06%
#8	PPG INDUSTRIES INC (PPG) - 2.27%	VALMONT INDUSTRIES INC (VMI) - 1.93%
#9	KIMBERLY-CLARK CORP (KMB) - 2.22%	HAEMONETICS CORP (HAE) - 1.92%
#10	LENNOX INTERNATIONAL INC (LII) - 2.18%	WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) - 1.90%
#11	MCCORMICK & CO INC ORDINARY SHARES (NON VOTING) (MKC) - 2.16%	MKS INC (MKSI) - 1.89%
#12	DOLLAR GENERAL CORP (DG) - 2.13%	STEWART INFORMATION SERVICES CORP (STC) - 1.81%
#13	VERISK ANALYTICS INC (VRSK) - 2.09%	LITTELFUSE INC (LFUS) - 1.79%
#14	GENERAL DYNAMICS CORP (GD) - 2.08%	PROSPERITY BANCSHARES INC (PB) - 1.77%
#15	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.08%	UGI CORP (UGI) - 1.76%
#16	ALLEGION PLC (ALLE) - 2.06%	AMERICAN STATES WATER CO (AWR) - 1.66%
#17	DICK'S SPORTING GOODS INC (DKS) - 2.04%	JACK HENRY & ASSOCIATES INC (JKHY) - 1.66%
#18	W.W. GRAINGER INC (GWW) - 2.04%	ENTEGRIS INC (ENTG) - 1.65%
#19	YUM BRANDS INC (YUM) - 2.04%	TYLER TECHNOLOGIES INC (TYL) - 1.63%
#20	WEC ENERGY GROUP INC (WEC) - 2.03%	CNX RESOURCES CORP (CNX) - 1.61%
#21	F5 INC (FFIV) - 2.02%	ALLIANT ENERGY CORP (LNT) - 1.61%
#22	THE ESTEE LAUDER COMPANIES INC CLASS A (EL) - 2.02%	TIDEWATER INC (TDW) - 1.58%
#23	PACCAR INC (PCAR) - 2.02%	WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 1.52%
#24	CINTAS CORP (CTAS) - 2.00%	HAGERTY INC ORDINARY SHARES CLASS A (HGTY) - 1.52%
#25	EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) - 2.00%	CASELLA WASTE SYSTEMS INC CLASS A (CWST) - 1.51%
Total Holdings	53	77

UPGD vs NBSM - Historical Returns

Returns include dividend reinvestment.

Period	UPGD	NBSM
1 month	+1.02%	+2.12%
3 months	+5.66%	+3.44%
6 months	+5.35%	+4.92%
1 year	+12.37%	+8.98%
5 years(CAGR)	+7.60%	N/A
10 years(CAGR)	+9.77%	N/A
Max(CAGR)	+7.91%	+4.25%

UPGD

+1.02%

Winner

NBSM

+2.12%

Winner

UPGD

+5.66%

NBSM

+3.44%

Winner

UPGD

+5.35%

NBSM

+4.92%

Winner

UPGD

+12.37%

NBSM

+8.98%

5Y(CAGR)

UPGD

+7.60%

NBSM

N/A

10Y(CAGR)

UPGD

+9.77%

NBSM

N/A

Max(CAGR)

Winner

UPGD

+7.91%

NBSM

+4.25%

UPGD vs NBSM - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	UPGD	NBSM
2026	+9.36%	+10.08%
2025	+8.98%	+0.40%
2024	+13.80%	-0.39%
2023	+16.47%	N/A
2022	-13.97%	N/A
2021	+25.57%	N/A
2020	+6.10%	N/A
2019	+30.23%	N/A
2018	-15.51%	N/A
2017	+12.33%	N/A
2016	+21.96%	N/A
2015	-5.93%	N/A
2014	+5.65%	N/A
2013	+39.25%	N/A
2012	+12.96%	N/A
2011	-3.39%	N/A
2010	+25.78%	N/A
2009	+51.42%	N/A
2008	-38.29%	N/A
2007	+2.96%	N/A
2006	-14.71%	N/A

UPGD vs NBSM Drawdown Comparison

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

The maximum drawdown for NBSM was -25.16%, occurring on Apr 8, 2025. Recovery took 394 trading sessions.

The current UPGD drawdown is -2.60%. The current NBSM drawdown is -2.68%.

Rank	UPGD	NBSM
#1	-60.86% May 23, 2006 - Dec 3, 2010	-25.16% Nov 25, 2024 - Jun 25, 2026
#2	-50.19% Aug 29, 2018 - Dec 3, 2020	-7.23% Jul 16, 2024 - Oct 11, 2024
#3	-28.87% Apr 29, 2011 - Mar 15, 2012	-6.88% Mar 28, 2024 - May 7, 2024
#4	-27.28% Jun 23, 2015 - Nov 18, 2016	-6.12% May 15, 2024 - Jul 16, 2024
#5	-24.31% Nov 9, 2021 - Feb 27, 2024	-4.11% Oct 14, 2024 - Nov 6, 2024
#6	-16.90% Nov 29, 2024 - Aug 22, 2025	-3.68% Nov 11, 2024 - Nov 22, 2024
#7	-13.43% Mar 26, 2012 - Jan 2, 2013	-2.86% Jun 30, 2026 - Jul 8, 2026
#8	-12.68% Jul 3, 2014 - Feb 24, 2015	-0.82% Mar 21, 2024 - Mar 27, 2024
#9	-10.11% Jan 26, 2018 - May 16, 2018	-0.74% Jun 26, 2026 - Jun 30, 2026
#10	-10.01% Feb 27, 2026 - May 26, 2026	-0.45% May 7, 2024 - May 9, 2024
#11	-8.56% Jun 8, 2021 - Oct 19, 2021	-0.44% May 10, 2024 - May 14, 2024
#12	-6.75% Oct 6, 2025 - Dec 11, 2025	N/A
#13	-6.71% Jan 22, 2014 - Feb 26, 2014	N/A
#14	-6.69% Jul 25, 2017 - Sep 27, 2017	N/A
#15	-6.68% Apr 2, 2014 - Jun 18, 2014	N/A

Correlation

Correlation between UPGD and NBSM is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2006 - 2025)

UPGD vs NBSM dividend yield comparison.

Year	UPGD	NBSM
2025	1.75%	0.40%
2024	1.28%	0.23%
2023	1.39%	0.00%
2022	0.72%	0.00%
2021	0.52%	0.00%
2020	0.28%	0.00%
2019	0.20%	0.00%
2018	1.43%	0.00%
2016	1.55%	0.00%
2015	0.93%	0.00%
2014	0.26%	0.00%
2013	0.34%	0.00%
2012	0.35%	0.00%
2011	0.14%	0.00%
2008	0.31%	0.00%
2007	10.64%	0.00%
2006	0.60%	0.00%