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Launched

Xtrackers US Green Infrastructure Select Equity ETF

UPGRNasdaqXtrackersC

$20.98+0.38 (+1.86%)

At close: Nov 2, 2026, 4:00 PM ET

C40/ 100

Rank 21 of 34 in Infrastructure

C40/100Rank 21 of 34inInfrastructure
Intraday session: up, 79 prints from 20.60 to 20.98. Range 20.84 to 21.37. Use the arrow keys to read each point.20.8021.2021.4010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$1M
1Y total return
−18.8%
Yield · Last 12 months
3.06%
Holdings
50
Avg volume · 30D
699 sh
52W range
low $20.32high $30.29
Launched

The ETF.net UPGR Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Infrastructure⁠
Rank
21 of 34
Six-pillar profile for UPGR. Scores out of 100: Cost 97, Risk 5, Mission not scored, Tradability 42, Holdings 83, Durability 22. Strongest: Cost (97). Weakest: Risk (5). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
61
This cap took
−21
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A97 out of 100
    Rank 2 of 34

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F5 out of 100
    Rank 34 of 34

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C42 out of 100
    Rank 21 of 34

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A83 out of 100
    Rank 3 of 32

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F22 out of 100
    Rank 33 of 34

Our read on UPGR

ETF.net Research

In short

CClean energy, but wider. UPGR tracks a US-only index that reaches past solar panels into green mobility, green fuel and pollution control, and it charges less than every top-ranked fund in its peer group.

Stated mandate

The fund seeks to track, before fees and expenses, the Solactive United States Green Infrastructure ESG Screened Index. It generally invests at least 80% of its assets in the index's component securities and at least 80% of net assets plus investment borrowings in equity securities of U.S. green-infrastructure companies.

Why people hold it

  • 0.35% a year, well under the roughly 0.59% typical for clean-energy ETFs and below peer leaders ICLN and FRNW at 0.39%.
  • Wider net than solar and wind: the index spans green mobility, green fuel, green wholesale power, environmental services and pollution control.dws.com
  • US-only by design, while category heavyweights like ICLN and FAN run global books.
  • Straightforward mechanics: passive indexing, roughly 50 names, at least 80% of assets in the index's own components.

Worth knowing

  • Small asset base and thin trading, which tends to mean wider bid-ask spreads. Small funds also face a higher chance of being closed or merged away.
  • One theme, one country. The issuer's own materials note results depend greatly on the condition of the green energy sector, and roughly 50 names concentrates that bet.dws.com
  • The ESG screen is Solactive's definition of green, not yours, and a 2023 launch leaves a short record to judge.

UPGR Performance

Launched Jul 13, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
UPGR$8,121
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. UPGR $8,121. SPY $11,199. Use the arrow keys to read each point.$8,000$9,000$10,000$11,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for UPGR. Periods over one year show the average yearly return.
PeriodUPGR
Year to date−12.5%
1 month−4.4%
3 months−12.9%
1 year−18.8%
3 yearsper year+6.6%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UPGR
YearReturn barUPGR
2026 YTD−12.5%
2025+35.2%
2024−14.7%
2023−15.3%

Since listing, Jul 13, 2023

UPGR in the news

UPGR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.06%Last 12 months
Payout per share
$0.63Last 12 months
Last payment
$0.55 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 11 payments from 2023 to 2026 YTD. Sep 15, 2023 $0.03; Dec 15, 2023 $0.04; Mar 15, 2024 $0.04; Jun 21, 2024 $0.03; Sep 20, 2024 $0.06; Dec 20, 2024 $0.08; Mar 21, 2025 $0.01; Jun 20, 2025 $0.05; Dec 19, 2025 $0.02; Jun 18, 2026 $0.05; Sep 18, 2026 $0.55. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 25, 2026$0.55
Jun 18, 2026Jun 26, 2026$0.05
Dec 19, 2025Dec 29, 2025$0.02
Jun 20, 2025Jun 27, 2025$0.05
Mar 21, 2025Mar 28, 2025$0.01
Dec 20, 2024Dec 30, 2024$0.08
Sep 20, 2024Sep 27, 2024$0.06
Jun 21, 2024Jun 28, 2024$0.03
Mar 15, 2024Mar 22, 2024$0.04
Dec 15, 2023Dec 22, 2023$0.04
Sep 15, 2023Sep 22, 2023$0.03

$10,000 in UPGR 3 years ago paid $501 in dividends.

UPGR Risk

Risk pillarF5 out of 100Rank 34 of 34 in Infrastructure
How much the fund’s monthly returns vary, scaled to a year.
27.4%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.20
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−46.6%
39 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.64
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

UPGR Cost

Compare UPGR and IFRA

Overpaying vs IFRA, cheapest in Infrastructure

$977

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UPGR 0.35%

    $7,126

  • IFRA 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • UPGR 0.35%
  • IFRA 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530UPGR $7,126IFRA $6,149

Year by year

YearUPGRIFRAOverpaying
10$634$545$89
20$2,454$2,113$341
30$7,126$6,149$977

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