Invesco Bloomberg Analyst Rating Improvers (UPGD) ETF Holdings & Analysis

What UPGD does

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 symbol, and underlying index provider shifted from Raymond James Research Services, LLC to Bloomberg Index Services Limited. Consequently, its benchmark index changed from the Raymond James SB-1 Equity Index to the Bloomberg ANR Improvers Index. These adjustments also redefined the fund's investment objective and core strategy to mirror the performance of the new Bloomberg ANR Improvers Index by investing a minimum of 90% of its assets in its constituents. Additionally, a prior non-fundamental policy, which mandated investing at least 80% of assets in securities implied by its former name, was removed. Concurrently, the annual management fee for the fund was reduced from 0.75% to a lower rate of 0.40%. For more detailed information, please refer to the fund's prospectus.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how UPGD fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does UPGD track?

UPGD is the Invesco Bloomberg Analyst Rating Improvers ETF, a Other ETF.

What is the expense ratio of UPGD?

Expense ratio data for UPGD is shown on the page when available from our data provider.

What are the largest holdings in UPGD?

Top holdings include NTAP, EXPE, ABNB, INCY, EL.

How can PortView analyze UPGD overlap with other ETFs?

PortView computes the holdings overlap between UPGD and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.