UPGR · Xtrackers US Green Infrastructure Select Equity ETF
UPGR holds 45 stocks. 97% of it is not in the S&P 500, and its top ten are 34% of the fund.
Its ten largest positions
| Holding | Ticker | Weight | |
|---|---|---|---|
| FUELCELL ENERGY INC | FCEL | 6.24% | |
| PURECYCLE TECHNOLOGIES INC | PCT | 4.29% | |
| SHOALS TECHNOLOGIES GROUP INC | SHLS | 3.37% | |
| BLOOM ENERGY CORP | BE | 3.36% | |
| FIRST SOLAR INC | FSLR | 2.93% | |
| ENERGY VAULT HOLDINGS INC | NRGV | 2.89% | |
| QUANTUMSCAPE CORP | QS | 2.74% | |
| PLUG POWER INC | PLUG | 2.72% | |
| EOS ENERGY ENTERPRISES INC | EOSE | 2.67% | |
| FLUENCE ENERGY INC | FLNC | 2.63% |
Period by period
| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
|---|---|---|---|---|
| 3 months | −14.4% | +4.7% | −19.1 pts | −16.5 pts |
| 6 months | −1.4% | +15.2% | −16.6 pts | −21.6 pts |
| 1 year | +14.6% | +20.0% | −5.4 pts | −11.0 pts |
| 3 years | +6.5% | +78.0% | −71.5 pts | −87.0 pts |
| Since launch | −4.4% | +77.8% | −82.2 pts | −97.3 pts |
In plain words
The top ten holdings are 34% of the fund across 45 positions, as filed for May 29, 2026. Over the year to Sep 4, 2026 the fund returned +14.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.4 pts. It sits 21.9% below its all-time high of Jun 2, 2026.
| Theme (ETFIQ, editorial) | Infrastructure |
|---|---|
| Launched | Jul 13, 2023 |
| Already in the S&P 500, by weight (ETFIQ) | 22.9% |
| Active share vs the S&P 500 (ETFIQ) | 97.4% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 2.4% |
| Active share vs the Nasdaq-100 (ETFIQ) | 97.6% |
| Top ten holdings weight | 33.8% |
| Holdings | 45 |
| Holdings as of (SEC N-PORT) | May 29, 2026 |
| Top holdings | FUELCELL ENERGY INC 6.2%, PURECYCLE TECHNOLOGIES INC 4.3%, SHOALS TECHNOLOGIES GROUP INC 3.4%, BLOOM ENERGY CORP 3.4%, FIRST SOLAR INC 2.9%, ENERGY VAULT HOLDINGS INC 2.9%, QUANTUMSCAPE CORP 2.7%, PLUG POWER INC 2.7%, EOS ENERGY ENTERPRISES INC 2.7%, FLUENCE ENERGY INC 2.6% |
| Net assets (SEC filing, whole fund, as filed for May 29, 2026) | $7m |
| Below its all-time high (ETFIQ) | −21.9% |
| Expense ratio (prospectus XBRL) | 0.35% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.36% |
| Closest funds by holdings overlap | CNRG 35%, ACES 32%, PBW 27%, QCLN 24%, FRNW 20% |
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. How this desk computes every figure
Questions people ask
- How much of UPGR is already in the S&P 500?
- By its holdings filed for May 29, 2026, 23% of UPGR by weight is stocks the S&P 500 already holds. Its active share against the index is 97%, so that share is the part doing something different.
- What does UPGR hold?
- 45 positions as filed for May 29, 2026, with the top ten at 34% of the fund. The largest are FUELCELL ENERGY INC at 6.2%, PURECYCLE TECHNOLOGIES INC at 4.3%, SHOALS TECHNOLOGIES GROUP INC at 3.4%.
- Has UPGR beaten the S&P 500?
- Over the year to Sep 4, 2026 UPGR returned +14.6% with distributions reinvested, against +20.0% for the S&P 500, so it finished behind the index by 5.4 points.
- What does UPGR cost?
- The prospectus expense ratio is 0.35% a year. Because 97% of the fund differs from the S&P 500, the fee on that differing part works out at 0.36%.
The words on this page
- Active share
- The part of the fund doing something the index is not, as a percentage. It is the part a fee is actually buying.
- Weight overlap
- The share of money two portfolios hold in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice.
- Already in the index
- The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at very different weights.
- Top ten
- What the ten largest positions add up to. The higher it is, the more the fund is a bet on a few companies rather than a theme.
Every term this desk uses, defined in full on the themes desk vocabulary page.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Funds near this one
Put this on your own page
The difference bar for UPGR, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.
<a href="https://etfiq.com/funds/UPGR.html"><img src="https://etfiq.com/embed/themes/UPGR.svg" alt="UPGR difference bar, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/UPGR.html">UPGR difference bar, updated daily by ETFIQ</a></p>Use this data, or open the live card
Open UPGR on the live ETFIQ desk, where the figures update as the desk refreshes.
Cite this page. ETFIQ, UPGR on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/UPGR.html Free to use with attribution; the underlying files are at Open data.