USAA Cornerstone Moderately Conservative Fund (UCMCX)
The fund invests in equity securities, bonds, money market instruments, and other instruments including derivatives. It has a target asset class allocation of approximately 40% equity securities and 60% fixed-income securities. The actual asset class allocation can deviate from time to time from these targets as market conditions warrant. The implementation of the asset allocation may involve the extensive use of equity and fixed-income ETFs.
Fund Info
US9032882980
903288298
Jun 7, 2012
$500
Large-Cap
Value
Expense Ratio
UCMCX has an expense ratio of 0.90%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
USAA Cornerstone Moderately Conservative Fund (UCMCX) returned 4.12% year-to-date (YTD) and 7.14% over the past 12 months. Over the past 10 years, UCMCX returned 3.49% annually, underperforming the S&P 500 benchmark at 10.84%.
UCMCX
4.12%
1.63%
2.09%
7.14%
3.78%
4.21%
3.49%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of UCMCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.67% | 1.37% | -1.13% | 0.46% | 1.72% | 4.12% | |||||||
| 2024 | -0.28% | 0.66% | 2.06% | -2.88% | 2.67% | 0.55% | 2.51% | 1.36% | 1.41% | -2.58% | 1.28% | -2.48% | 4.14% |
| 2023 | 4.73% | -2.69% | 1.95% | 0.98% | -1.93% | 2.17% | 1.55% | -1.91% | -3.03% | -2.12% | 5.77% | 3.91% | 9.24% |
| 2022 | -2.44% | -1.67% | -0.94% | -4.55% | 0.90% | -4.77% | 3.47% | -3.26% | -6.08% | 2.40% | 5.47% | -1.89% | -13.17% |
| 2021 | -0.24% | 0.57% | 0.81% | 2.02% | 1.11% | 0.69% | 0.70% | 0.70% | -2.14% | 1.90% | -1.01% | 1.95% | 7.21% |
| 2020 | -0.17% | -2.44% | -7.54% | 4.84% | 2.86% | 1.54% | 3.20% | 1.37% | -1.27% | -1.29% | 5.24% | 2.32% | 8.25% |
| 2019 | 3.75% | 0.65% | 1.42% | 0.82% | -1.17% | 2.88% | 0.00% | 0.71% | 0.56% | 0.89% | 0.44% | 1.52% | 13.10% |
| 2018 | 1.57% | -2.67% | 0.08% | -0.27% | 0.27% | -0.56% | 0.90% | 0.53% | -0.37% | -3.83% | 0.83% | -1.80% | -5.31% |
| 2017 | 1.49% | 1.47% | 0.73% | 0.99% | 1.34% | 0.11% | 1.15% | 0.79% | 0.38% | 0.87% | 0.60% | 1.00% | 11.47% |
| 2016 | -2.11% | 0.29% | 3.28% | 1.14% | 0.19% | 1.60% | 2.23% | 0.09% | 0.37% | -1.27% | -1.47% | 0.84% | 5.17% |
| 2015 | 0.53% | 1.42% | -0.55% | 0.71% | 0.09% | -1.84% | 0.27% | -3.31% | -1.58% | 2.93% | -0.83% | -1.78% | -4.02% |
| 2014 | -0.90% | 2.36% | 0.43% | 0.89% | 1.32% | 1.17% | -0.78% | 1.22% | -1.79% | 0.53% | 0.79% | -0.74% | 4.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UCMCX is 64, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for USAA Cornerstone Moderately Conservative Fund (UCMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
USAA Cornerstone Moderately Conservative Fund provided a 1.74% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.22 | $0.26 | $0.76 | $0.81 | $0.21 | $0.27 | $0.43 | $0.50 | $0.26 | $0.35 | $0.39 |
Dividend yield | 1.74% | 2.03% | 2.43% | 7.61% | 6.62% | 1.68% | 2.31% | 4.12% | 4.38% | 2.39% | 3.31% | 3.48% |
Monthly Dividends
The table displays the monthly dividend distributions for USAA Cornerstone Moderately Conservative Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | |||||||
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.22 |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.67 | $0.76 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.72 | $0.81 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.27 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.30 | $0.43 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.36 | $0.50 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.26 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.17 | $0.35 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.20 | $0.39 |
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 USAA Cornerstone Moderately Conservative Fund. 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 USAA Cornerstone Moderately Conservative Fund was 18.46%, occurring on Oct 14, 2022. Recovery took 438 trading sessions.
The current USAA Cornerstone Moderately Conservative Fund drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.46% | Nov 10, 2021 | 234 | Oct 14, 2022 | 438 | Jul 16, 2024 | 672 |
| -16.35% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -10.58% | Apr 28, 2015 | 185 | Jan 20, 2016 | 159 | Sep 6, 2016 | 344 |
| -9.23% | Jan 29, 2018 | 229 | Dec 24, 2018 | 122 | Jun 20, 2019 | 351 |
| -7.48% | Sep 30, 2024 | 131 | Apr 8, 2025 | 33 | May 27, 2025 | 164 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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