Verified factor-similar cluster

ETFs Similar to UPGD

Each fund below shares verified factor exposure with UPGD and has no more than 3% annualized modeled factor tracking error over either the common 36-month window or the longer factor-history check. Tracking error measures volatility, not the direction of returns. The score runs from 80 at that limit to 100 for identical fitted exposures. See the matching method.

SMB

Factor tags describe the source fund's verified public exposures. A matched ETF may have additional material factors.

Explore a shared-factor theme
IWR
iShares Russell Midcap ETF
SMB
Modeled factor tracking error 2.38%/yr · longer factor history 2.82%/yr · 36 months through 2026-08
Compare UPGD vs IWR
81 Factor-similar
UPGD fund page US ETF Leaders US Universe Similarity methodology
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.