CBUDX vs. USIAX

Last updated Jun 5, 2026

CBUDX (CrossingBridge Ultra-Short Duration Fund) and USIAX (UBS Ultra Short Income Fund) are both Ultrashort Bond funds. At a correlation of -0.33, they often move in opposite directions. CBUDX charges 0.89%/yr vs 0.35%/yr for USIAX.

Performance

CBUDX vs. USIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CrossingBridge Ultra-Short Duration Fund (CBUDX) and UBS Ultra Short Income Fund (USIAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CBUDX

• 1D: 0.00%
• 1M: 0.33%
• YTD: 1.54%
• 6M: 2.19%
• 1Y: 4.64%
• 3Y*: 5.39%
• 5Y*: —
• 10Y*: —

USIAX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CBUDX vs. USIAX - Yearly Performance Comparison

	2026 (YTD)
CBUDX CrossingBridge Ultra-Short Duration Fund	0.10%
USIAX UBS Ultra Short Income Fund	0.32%

Correlation

The correlation between CBUDX and USIAX is -0.33, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.33

Return for Risk

CBUDX vs. USIAX — Risk / Return Rank

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

CBUDX

CBUDX Risk / Return Rank: 99
CBUDX Sharpe Ratio Rank: 100
CBUDX Sortino Ratio Rank: 99
CBUDX Omega Ratio Rank: 100
CBUDX Calmar Ratio Rank: 99
CBUDX Martin Ratio Rank: 100

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.

CBUDX vs. USIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CrossingBridge Ultra-Short Duration Fund (CBUDX) and UBS Ultra Short Income Fund (USIAX). 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.

	CBUDX	USIAX	Difference
Sharpe ratio: Return per unit of total volatility	5.56	—	—
Sortino ratio: Return per unit of downside risk	10.60	—	—
Omega ratio: Gain probability vs. loss probability	4.55	—	—
Calmar ratio: Return relative to maximum drawdown	11.64	—	—
Martin ratio: Return relative to average drawdown	79.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CBUDX	USIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.61	10.15	-5.54

Drawdowns

CBUDX vs. USIAX - Drawdown Comparison

The maximum CBUDX drawdown since its inception was -0.40%, which is greater than USIAX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CBUDX and USIAX.

Drawdown Indicators

	CBUDX	USIAX	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	0.00%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	-0.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.40%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.03%	0.00%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	—	—

Volatility

Volatility by Period

	CBUDX	USIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.84%	2.58%	-1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.91%	2.58%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.91%	2.58%	-1.67%

CBUDX vs. USIAX - Expense Ratio Comparison

CBUDX has a 0.89% expense ratio, which is higher than USIAX's 0.35% expense ratio.

Dividends

CBUDX vs. USIAX - Dividend Comparison

CBUDX's dividend yield for the trailing twelve months is around 4.45%, more than USIAX's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021
CBUDX CrossingBridge Ultra-Short Duration Fund	4.45%	4.61%	5.68%	5.67%	2.94%	0.16%
USIAX UBS Ultra Short Income Fund	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CBUDX and USIAX in my portfolio?

CBUDX and USIAX have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.