upshot vs effect

upshot and effect both are nouns.

Word	Noun	Adjective	Verb	Adverb
upshot	Yes	No	No	No
effect	Yes	No	Yes	No

As nouns, upshot and effect are synonyms defined as:

upshot and effect: a phenomenon that follows and is caused by some previous phenomenon

Other synonyms of upshot include consequence, event, issue, outcome, result.

upshot (noun)	effect (noun)
a phenomenon that follows and is caused by some previous phenomenon	an outward appearance
	(of a law) having legal validity
	an impression (especially one that is artificial or contrived)
	the central meaning or theme of a speech or literary work
	a phenomenon that follows and is caused by some previous phenomenon
	a symptom caused by an illness or a drug

upshot (verb)	effect (verb)
	produce
	act so as to bring into existence