BPGLX vs. PCLCX

Last updated Apr 2, 2026

Compare and contrast key facts about UBS Global Allocation Fund (BPGLX) and PACE Large Co Growth Equity Investments (PCLCX).

BPGLX is managed by UBS. It was launched on Aug 30, 1992. PCLCX is managed by UBS. It was launched on Aug 24, 1995.

Performance

BPGLX vs. PCLCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Global Allocation Fund (BPGLX) and PACE Large Co Growth Equity Investments (PCLCX). The values are adjusted to include any dividend payments, if applicable.

BPGLX vs. PCLCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BPGLX UBS Global Allocation Fund	-1.90%	19.02%	8.56%	9.69%	-16.82%	8.09%	13.84%	19.05%	-7.56%	17.08%
PCLCX PACE Large Co Growth Equity Investments	-10.04%	9.86%	28.05%	35.17%	-28.18%	20.18%	39.70%	31.99%	-3.18%	29.89%

Returns By Period

In the year-to-date period, BPGLX achieves a -1.90% return, which is significantly higher than PCLCX's -10.04% return. Over the past 10 years, BPGLX has underperformed PCLCX with an annualized return of 6.68%, while PCLCX has yielded a comparatively higher 13.35% annualized return.

BPGLX

• 1D: 2.45%
• 1M: -5.84%
• YTD: -1.90%
• 6M: 1.04%
• 1Y: 16.65%
• 3Y*: 11.03%
• 5Y*: 3.98%
• 10Y*: 6.68%

PCLCX

• 1D: 3.28%
• 1M: -4.95%
• YTD: -10.04%
• 6M: -11.67%
• 1Y: 5.48%
• 3Y*: 15.94%
• 5Y*: 7.58%
• 10Y*: 13.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BPGLX vs. PCLCX - Expense Ratio Comparison

BPGLX has a 0.95% expense ratio, which is higher than PCLCX's 0.88% expense ratio.

BPGLX

UBS Global Allocation Fund

PCLCX

PACE Large Co Growth Equity Investments

Return for Risk

BPGLX vs. PCLCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BPGLX

BPGLX Risk / Return Rank: 71
BPGLX Sharpe Ratio Rank: 79
BPGLX Sortino Ratio Rank: 79
BPGLX Omega Ratio Rank: 77
BPGLX Calmar Ratio Rank: 61
BPGLX Martin Ratio Rank: 59

PCLCX

PCLCX Risk / Return Rank: 8
PCLCX Sharpe Ratio Rank: 10
PCLCX Sortino Ratio Rank: 10
PCLCX Omega Ratio Rank: 10
PCLCX Calmar Ratio Rank: 4
PCLCX Martin Ratio Rank: 4

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.

BPGLX vs. PCLCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Global Allocation Fund (BPGLX) and PACE Large Co Growth Equity Investments (PCLCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BPGLX	PCLCX	Difference
Sharpe ratio Return per unit of total volatility	1.52	0.33	+1.19
Sortino ratio Return per unit of downside risk	2.12	0.61	+1.51
Omega ratio Gain probability vs. loss probability	1.32	1.09	+0.23
Calmar ratio Return relative to maximum drawdown	1.59	-0.03	+1.62
Martin ratio Return relative to average drawdown	6.21	-0.09	+6.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BPGLX vs. PCLCX - Sharpe Ratio Comparison

The current BPGLX Sharpe Ratio is 1.52, which is higher than the PCLCX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of BPGLX and PCLCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BPGLX	PCLCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	0.33	+1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.21	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.44	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.35	+0.14

Correlation

The correlation between BPGLX and PCLCX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BPGLX vs. PCLCX - Dividend Comparison

BPGLX's dividend yield for the trailing twelve months is around 2.12%, less than PCLCX's 22.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPGLX UBS Global Allocation Fund	2.12%	2.08%	2.02%	2.37%	4.65%	18.98%	1.78%	7.15%	0.00%	1.64%	2.42%	2.83%
PCLCX PACE Large Co Growth Equity Investments	22.96%	20.66%	11.94%	2.09%	60.17%	22.81%	18.38%	16.53%	22.05%	10.32%	3.30%	17.60%

Drawdowns

BPGLX vs. PCLCX - Drawdown Comparison

The maximum BPGLX drawdown since its inception was -53.03%, smaller than the maximum PCLCX drawdown of -63.98%. Use the drawdown chart below to compare losses from any high point for BPGLX and PCLCX.

Drawdown Indicators

	BPGLX	PCLCX	Difference
Max Drawdown Largest peak-to-trough decline	-53.03%	-63.98%	+10.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-17.06%	+8.07%
Max Drawdown (5Y) Largest decline over 5 years	-22.24%	-38.81%	+16.57%
Max Drawdown (10Y) Largest decline over 10 years	-23.37%	-38.81%	+15.44%
Current Drawdown Current decline from peak	-6.69%	-14.34%	+7.65%
Average Drawdown Average peak-to-trough decline	-5.81%	-20.42%	+14.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	5.52%	-3.20%

Volatility

BPGLX vs. PCLCX - Volatility Comparison

The current volatility for UBS Global Allocation Fund (BPGLX) is 5.36%, while PACE Large Co Growth Equity Investments (PCLCX) has a volatility of 5.91%. This indicates that BPGLX experiences smaller price fluctuations and is considered to be less risky than PCLCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BPGLX	PCLCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.36%	5.91%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	11.23%	-3.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	19.66%	-7.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.55%	36.96%	-26.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.76%	30.97%	-20.21%