Does Upstart pay a dividend?
As of mid-2025, Upstart did not make dividend payments to its shareholders. That company also didn't expect to initiate a dividend in the foreseeable future. Upstart intends to retain its earnings to fund its operations and continued expansion.
How to invest in Upstart through ETFs
An alternative option to investing directly in Upstart stock is to consider passively investing in the company through a fund that holds its shares. One of the most common passive investment vehicles is an exchange-traded fund (ETF).
According to ETF.com, 71 U.S.-based ETFs held about 14.7 million shares of Upstart as of mid-2025.
- Vanguard Total Stock Market ETF (VTI -0.62%) held the most shares at almost 2.52 million. However, that was a tiny allocation at 0.01% of the fund's holdings, so there are better options for investors seeking passive exposure to Upstart.
- Alger Weatherbie Enduring Growth ETF (NYSEMKT:AWEG) had a larger allocation to Upstart stock at about 5.98% of the fund's holdings. That being said, the fund was only holding around 4600 shares of Upstart's stock. The ETF is a potentially better option for newbie investors, as AWEG's 52-week range as of August 2025 was $19.53 - $27.92 per share.
Will Upstart stock split?
Upstart did not have an upcoming stock split on the calendar as of 2025. The company likely won't split its stock anytime soon. While the share price had risen from its initial public offering (IPO) price of $20 to more than $60 in 2025, shares were more than 80% below their all-time high of $390 in late 2021.
