- ISIN
- US9026561079
- Issuer
- UBS
- Inception Date
- May 29, 2018
- Category
- Ultrashort Bond
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
USIAX Performance Chart
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Returns By Period
UBS Ultra Short Income Fund
- 1D
- 0.00%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
USIAX Monthly Returns History
Based on dividend-adjusted daily data since May 28, 2026, USIAX's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.
Historically, 50% of months were positive and 50% were negative. The best month was May 2026 with a return of +0.3%, while the worst month was Jun 2026 at -0.1%. The longest winning streak lasted 1 consecutive months, and the longest losing streak was 1 months.
On a daily basis, USIAX closed higher 6% of trading days. The best single day was May 29, 2026 with a return of +0.3%, while the worst single day was Jun 17, 2026 at -0.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.32% | -0.10% | 0.22% |
Expense Ratio
USIAX has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for UBS Ultra Short Income Fund (USIAX) 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.
| USIAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
UBS Ultra Short Income Fund provided a 0.32% dividend yield over the last twelve months, with an annual payout of $0.03 per share.
| Period | TTM |
|---|---|
| Dividend | $0.03 |
Dividend yield | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for UBS Ultra Short Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.00 | $0.03 |
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 UBS Ultra Short Income 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 UBS Ultra Short Income Fund was 0.10%, occurring on Jun 17, 2026. The portfolio has not yet recovered.
The current UBS Ultra Short Income Fund drawdown is 0.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -0.10%Jun 2026 | 0s | — | 7d 50mJun 2026 - now |
Drawdown Indicators
| USIAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.10% | -56.78% | +56.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.10% | -1.80% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -10.71% | +10.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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