BPGLX vs. PFADX

Last updated Jun 26, 2026

BPGLX (UBS Global Allocation Fund) and PFADX (PFG BNY Mellon Diversifier Strategy Fund) are both Global Allocation funds. Over the past 5 years, BPGLX returned 5.12%/yr vs 1.25%/yr for PFADX. A 0.69 correlation means they provide meaningful diversification when combined. BPGLX charges 0.95%/yr vs 2.05%/yr for PFADX.

Performance

BPGLX vs. PFADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Global Allocation Fund (BPGLX) and PFG BNY Mellon Diversifier Strategy Fund (PFADX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BPGLX achieves a 6.52% return, which is significantly higher than PFADX's 2.56% return.

BPGLX

• 1D: -0.21%
• 1M: -1.09%
• YTD: 6.52%
• 6M: 6.21%
• 1Y: 20.01%
• 3Y*: 13.40%
• 5Y*: 5.12%
• 10Y*: 7.66%

PFADX

• 1D: 0.10%
• 1M: -0.50%
• YTD: 2.56%
• 6M: 2.36%
• 1Y: 7.06%
• 3Y*: 5.12%
• 5Y*: 1.25%
• 10Y*: —

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

BPGLX vs. PFADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BPGLX UBS Global Allocation Fund	6.52%	19.02%	8.56%	9.69%	-16.82%	8.09%	13.84%	19.05%	-7.56%	0.32%
PFADX PFG BNY Mellon Diversifier Strategy Fund	2.56%	7.07%	2.13%	3.69%	-9.50%	3.85%	7.25%	8.16%	-5.20%	0.00%

Correlation

The correlation between BPGLX and PFADX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Dec 27, 2017	0.69

The correlation between BPGLX and PFADX has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

Return for Risk

BPGLX vs. PFADX — Risk / Return Rank

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

BPGLX

BPGLX Risk / Return Rank: 63
BPGLX Sharpe Ratio Rank: 69
BPGLX Sortino Ratio Rank: 66
BPGLX Omega Ratio Rank: 70
BPGLX Calmar Ratio Rank: 53
BPGLX Martin Ratio Rank: 59

PFADX

PFADX Risk / Return Rank: 40
PFADX Sharpe Ratio Rank: 44
PFADX Sortino Ratio Rank: 43
PFADX Omega Ratio Rank: 45
PFADX Calmar Ratio Rank: 36
PFADX Martin Ratio Rank: 33

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. PFADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Global Allocation Fund (BPGLX) and PFG BNY Mellon Diversifier Strategy Fund (PFADX). 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.

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.

	BPGLX	PFADX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.60	+0.39
Sortino ratio: Return per unit of downside risk	2.77	2.25	+0.52
Omega ratio: Gain probability vs. loss probability	1.38	1.30	+0.08
Calmar ratio: Return relative to maximum drawdown	2.43	1.95	+0.48
Martin ratio: Return relative to average drawdown	9.96	6.37	+3.59

BPGLX vs. PFADX - Sharpe Ratio Comparison

The current BPGLX Sharpe Ratio is 1.99, which is comparable to the PFADX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of BPGLX and PFADX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BPGLX vs. PFADX - Drawdown Comparison

The maximum BPGLX drawdown since its inception was -53.03%, which is greater than PFADX's maximum drawdown of -16.64%. Use the drawdown chart below to compare losses from any high point for BPGLX and PFADX.

Drawdown Indicators

	BPGLX	PFADX	Difference
Max Drawdown Largest peak-to-trough decline	-53.03%	-16.64%	-36.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-3.63%	-5.36%
Max Drawdown (3Y) Largest decline over 3 years	-11.25%	-6.38%	-4.87%
Max Drawdown (5Y) Largest decline over 5 years	-22.24%	-16.64%	-5.60%
Max Drawdown (10Y) Largest decline over 10 years	-23.37%	—	—
Current Drawdown Current decline from peak	-2.35%	-1.77%	-0.58%
Average Drawdown Average peak-to-trough decline	-5.78%	-5.27%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.11%	1.11%	+1.00%

Volatility

BPGLX vs. PFADX - Volatility Comparison

UBS Global Allocation Fund (BPGLX) has a higher volatility of 4.22% compared to PFG BNY Mellon Diversifier Strategy Fund (PFADX) at 1.63%. This indicates that BPGLX's price experiences larger fluctuations and is considered to be riskier than PFADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BPGLX	PFADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	1.63%	+2.59%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	3.65%	+5.55%
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	4.44%	+6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.75%	5.88%	+4.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.85%	5.54%	+5.31%

BPGLX vs. PFADX - Expense Ratio Comparison

BPGLX has a 0.95% expense ratio, which is lower than PFADX's 2.05% expense ratio.

Dividends

BPGLX vs. PFADX - Dividend Comparison

BPGLX's dividend yield for the trailing twelve months is around 1.95%, less than PFADX's 2.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPGLX UBS Global Allocation Fund	1.95%	2.08%	2.02%	2.37%	4.65%	18.98%	1.78%	7.15%	0.00%	1.64%	2.42%	2.83%
PFADX PFG BNY Mellon Diversifier Strategy Fund	2.40%	2.46%	2.89%	1.04%	5.33%	3.46%	0.08%	1.51%	0.91%	0.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BPGLX and PFADX in my portfolio?

BPGLX and PFADX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BPGLX or PFADX?

BPGLX has higher volatility (4.22%) compared to PFADX (1.63%). In terms of maximum drawdown, BPGLX dropped -53.03% vs PFADX's -16.64%.

Which has better risk-adjusted returns?

BPGLX currently has the higher Sharpe Ratio (1.99 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.