BPGLX vs. UEIPX

Last updated Jul 18, 2026

BPGLX (UBS Global Allocation Fund) and UEIPX (UBS Engage For Impact Fund) are both mutual funds - BPGLX is a Global Allocation fund managed by UBS, while UEIPX is a Global Equities fund managed by UBS. Their correlation of 0.89 suggests significant overlap in exposure. BPGLX charges 0.95%/yr vs 0.85%/yr for UEIPX.

Performance

BPGLX vs. UEIPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Global Allocation Fund (BPGLX) and UBS Engage For Impact Fund (UEIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BPGLX

• 1D: -0.61%
• 1M: -0.27%
• 6M: 4.50%
• YTD: 7.25%
• 1Y: 19.01%
• 3Y*: 12.55%
• 5Y*: 5.56%
• 10Y*: 7.35%

UEIPX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BPGLX vs. UEIPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BPGLX UBS Global Allocation Fund	7.25%	19.02%	8.56%	9.69%	-16.82%	8.09%	13.84%	19.05%	-1.96%
UEIPX UBS Engage For Impact Fund	8.16%	20.69%	10.39%	16.46%	-22.35%	16.12%	16.94%	23.66%	-5.23%

Correlation

The correlation between BPGLX and UEIPX is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018	0.89

The correlation between BPGLX and UEIPX shifts across timeframes, from 0.76 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BPGLX vs. UEIPX — Risk / Return Rank

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

BPGLX

BPGLX Risk / Return Rank: 62
BPGLX Sharpe Ratio Rank: 69
BPGLX Sortino Ratio Rank: 65
BPGLX Omega Ratio Rank: 67
BPGLX Calmar Ratio Rank: 51
BPGLX Martin Ratio Rank: 57

UEIPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. UEIPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Global Allocation Fund (BPGLX) and UBS Engage For Impact Fund (UEIPX). 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	UEIPX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.63	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.32	—	—
Martin ratio: Return relative to average drawdown	9.38	—	—

Drawdowns

Drawdown Indicators

	BPGLX	UEIPX	Difference
Max Drawdown Largest peak-to-trough decline	-53.03%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.24%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.37%	—	—
Current Drawdown Current decline from peak	-1.68%	—	—
Average Drawdown Average peak-to-trough decline	-5.77%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	—	—

Volatility

Volatility by Period

	BPGLX	UEIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.85%	—	—

BPGLX vs. UEIPX - Expense Ratio Comparison

BPGLX has a 0.95% expense ratio, which is higher than UEIPX's 0.85% expense ratio.

Dividends

BPGLX vs. UEIPX - Dividend Comparison

BPGLX's dividend yield for the trailing twelve months is around 1.94%, less than UEIPX's 12.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BPGLX UBS Global Allocation Fund	1.94%	2.08%	2.02%	2.37%	4.65%	18.98%	1.78%	7.15%	0.00%	1.64%	2.42%	2.83%
UEIPX UBS Engage For Impact Fund	12.61%	13.64%	4.91%	0.66%	0.95%	11.99%	0.76%	2.68%	0.07%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BPGLX and UEIPX in my portfolio?

BPGLX and UEIPX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.