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ISIN
US69373W7074
CUSIP
69373W707
Issuer
UBS
Inception Date
Apr 9, 2006
Min. Investment
$1,000
Distribution Policy
Distributing
Asset Class
Alternatives

Share Price Chart


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Performance

PASIX Performance Chart

PACE Alternative Strategies Investments (PASIX) is up 3.7% since the beginning of the year. PASIX is currently trading at $11 per share. Investors who bought $1,000 worth of PASIX shares 5 years ago would now be looking at an investment worth $1,265.


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S&P 500 Index

Returns By Period

PACE Alternative Strategies Investments (PASIX) has returned 3.74% so far this year and 8.49% over the past 12 months. Over the last ten years, PASIX has returned 4.02% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


PACE Alternative Strategies Investments

1D
0.29%
1M
0.67%
YTD
3.74%
6M
3.74%
1Y
8.49%
3Y*
7.64%
5Y*
4.82%
10Y*
4.02%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PASIX Monthly Returns History

Based on dividend-adjusted daily data since Apr 11, 2006, PASIX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, an investment would double in approximately 25.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was May 2009 with a return of +4.8%, while the worst month was Oct 2008 at -9.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PASIX closed higher 47% of trading days. The best single day was Jan 9, 2008 with a return of +5.7%, while the worst single day was Jan 8, 2008 at -4.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.89%1.76%-2.69%2.47%1.35%0.00%3.74%
20251.62%-1.13%0.38%0.66%1.03%1.02%0.55%0.92%1.18%0.54%0.54%-0.06%7.47%
20240.00%1.98%2.03%-1.18%1.19%-0.45%1.09%0.63%1.07%-0.44%1.96%-1.43%6.56%
20230.86%-0.38%-1.05%-0.00%-0.96%1.36%0.86%0.00%0.00%-0.76%2.39%2.62%4.97%
2022-1.40%-0.95%0.77%0.28%0.38%-2.08%0.96%0.00%-1.43%2.32%1.14%0.32%0.22%
2021-0.90%1.54%0.36%1.78%0.26%-0.87%-0.44%0.44%-0.88%0.36%-1.33%2.33%2.60%

Benchmark Metrics

PACE Alternative Strategies Investments has an annualized alpha of -0.03%, beta of 0.27, and R2 of 0.58 versus S&P 500 Index. Calculated based on daily prices since April 11, 2006.

  • This fund participated in 36.17% of S&P 500 Index downside but only 26.56% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.27 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
-0.03%
Beta
0.27
0.58
Upside Capture
26.56%
Downside Capture
36.17%

Expense Ratio

PASIX has a high expense ratio of 1.88%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

PASIX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


PASIX Risk / Return Rank: 4949
Overall Rank
PASIX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
PASIX Sortino Ratio Rank: 4747
Sortino Ratio Rank
PASIX Omega Ratio Rank: 5252
Omega Ratio Rank
PASIX Calmar Ratio Rank: 5050
Calmar Ratio Rank
PASIX Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for PACE Alternative Strategies Investments (PASIX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


PASIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.21

Sortino ratioReturn per unit of downside risk

-0.10

Omega ratioGain probability vs. loss probability

1.36

1.37

-0.01

Calmar ratioReturn relative to maximum drawdown

2.57

2.78

-0.21

Martin ratioReturn relative to average drawdown

9.85

12.44

-2.59

Dividends

Dividend History

PACE Alternative Strategies Investments provided a 10.54% dividend yield over the last twelve months, with an annual payout of $1.11 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.11$1.11$0.83$0.38$0.25$0.69$0.54$0.00$0.29$0.00$0.00$0.23

Dividend yield

10.54%10.93%7.96%3.57%2.42%6.45%4.82%0.00%2.89%0.00%0.00%2.14%

Monthly Dividends

The table displays the monthly dividend distributions for PACE Alternative Strategies Investments. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.11$1.11
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.83$0.83
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.25
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.69$0.69

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the PACE Alternative Strategies Investments. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PACE Alternative Strategies Investments was 32.27%, occurring on Mar 9, 2009. Recovery took 1495 trading sessions.

The current PACE Alternative Strategies Investments drawdown is 0.28%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-32.27%Mar 2009
1y 7mo5y 11mo
7y 7moJul 2007 - Feb 2015
COVID crash2020
-10.50%Mar 2020
2y 1mo3mo 29d
2y 5moJan 2018 - Jul 2020
2006 pullback2006
-9.44%Jun 2006
1mo 4d5mo 27d
7mo 1dMay 2006 - Dec 2006
2016 pullback2016
-6.27%Feb 2016
10mo 2d1y 10mo
2y 8moApr 2015 - Dec 2017
Bear market2022
-5.22%Jul 2022
1y 2mo6mo 16d
1y 8moMay 2021 - Jan 2023

Drawdown Indicators


PASIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-32.27%

-56.78%

+24.51%

Max Drawdown (1Y)

Largest decline over 1 year

-3.36%

-9.10%

+5.74%

Max Drawdown (3Y)

Largest decline over 3 years

-4.01%

-18.90%

+14.89%

Max Drawdown (5Y)

Largest decline over 5 years

-4.57%

-25.43%

+20.86%

Max Drawdown (10Y)

Largest decline over 10 years

-10.50%

-33.92%

+23.42%

Current Drawdown

Current decline from peak

-0.28%

-1.80%

+1.52%

Average Drawdown

Average peak-to-trough decline

-6.30%

-10.71%

+4.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.87%

2.03%

-1.16%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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