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
| ISIN | US9032882980 |
|---|---|
| CUSIP | 903288298 |
| Issuer | Victory Capital |
| Inception Date | Jun 7, 2012 |
| Category | Diversified Portfolio |
| Min. Investment | $500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
UCMCX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in USAA Cornerstone Moderately Conservative Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
USAA Cornerstone Moderately Conservative Fund had a return of 7.02% year-to-date (YTD) and 12.85% in the last 12 months. Over the past 10 years, USAA Cornerstone Moderately Conservative Fund had an annualized return of 3.51%, while the S&P 500 had an annualized return of 10.85%, indicating that USAA Cornerstone Moderately Conservative Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.02% | 17.79% |
| 1 month | 0.81% | 0.18% |
| 6 months | 5.13% | 7.53% |
| 1 year | 12.85% | 26.42% |
| 5 years (annualized) | 3.93% | 13.48% |
| 10 years (annualized) | 3.51% | 10.85% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.28% | 0.66% | 2.06% | -2.88% | 2.67% | 0.55% | 2.51% | 1.36% | 7.02% | ||||
| 2023 | 4.73% | -2.69% | 1.94% | 0.97% | -1.93% | 2.17% | 1.55% | -1.91% | -3.03% | -2.12% | 5.77% | 3.91% | 9.22% |
| 2022 | -2.44% | -1.67% | -0.94% | -4.54% | 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% | 3.19% | 1.38% | -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% | -0.55% | 0.90% | 0.53% | -0.37% | -3.83% | 0.83% | -1.79% | -5.30% |
| 2017 | 1.49% | 1.47% | 0.72% | 0.99% | 1.34% | 0.11% | 1.15% | 0.79% | 0.38% | 0.87% | 0.60% | 1.00% | 11.46% |
| 2016 | -2.11% | 0.29% | 3.28% | 1.14% | 0.19% | 1.59% | 2.23% | 0.09% | 0.37% | -1.27% | -1.47% | 0.85% | 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% | 1.18% | -0.78% | 1.22% | -1.79% | 0.53% | 0.79% | -0.74% | 4.51% |
| 2013 | 1.68% | 0.18% | 0.99% | 1.46% | -0.63% | -2.28% | 1.86% | -1.19% | 1.63% | 2.38% | 0.54% | 0.72% | 7.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UCMCX is 51, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
USAA Cornerstone Moderately Conservative Fund granted a 1.86% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.26 | $0.76 | $0.81 | $0.21 | $0.27 | $0.43 | $0.50 | $0.26 | $0.35 | $0.39 | $0.38 |
Dividend yield | 1.86% | 2.42% | 7.62% | 6.62% | 1.68% | 2.31% | 4.13% | 4.37% | 2.39% | 3.31% | 3.48% | 3.43% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.12 | |||
| 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 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.20 | $0.39 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.21 | $0.38 |
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.
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 18.45%, occurring on Oct 14, 2022. Recovery took 438 trading sessions.
The current USAA Cornerstone Moderately Conservative Fund drawdown is 0.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.45% | 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 |
| -10.57% | Apr 28, 2015 | 201 | Feb 11, 2016 | 143 | Sep 6, 2016 | 344 |
| -9.22% | Jan 29, 2018 | 229 | Dec 24, 2018 | 122 | Jun 20, 2019 | 351 |
| -4.73% | May 22, 2013 | 23 | Jun 24, 2013 | 81 | Oct 17, 2013 | 104 |
Volatility
Volatility Chart
The current USAA Cornerstone Moderately Conservative Fund volatility is 1.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.