$ conda --help
usage: conda [-h] [-V] command ...
conda is a tool for managing and deploying applications, environments and packages.
Options:
positional arguments:
command
...
update Updates conda packages to the latest compatible version.
upgrade Alias for conda update.
update------------Updates conda packages to the latest compatible version.
upgrade----------Alias for conda update.
翻译一下:upgrade是conda update的别称。
总计:conda update --all 与 conda upgrade --all 无区别