GLE vs. UGOFX
GLE (Global Engine Group Holding Ltd) is a stock, while UGOFX (USAA Global Managed Volatility Fund) is Global Equities fund managed by BlackRock. Over the past year, GLE returned -70.97% vs 25.33% for UGOFX. At a 0.07 correlation, their price movements are largely independent.
Performance
GLE vs. UGOFX - Performance Comparison
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Returns By Period
In the year-to-date period, GLE achieves a 21.94% return, which is significantly higher than UGOFX's 14.39% return.
GLE
- 1D
- 6.46%
- 1M
- -0.49%
- YTD
- 21.94%
- 6M
- -18.39%
- 1Y
- -70.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UGOFX
- 1D
- 0.33%
- 1M
- 3.03%
- YTD
- 14.39%
- 6M
- 13.54%
- 1Y
- 25.33%
- 3Y*
- 18.14%
- 5Y*
- 10.65%
- 10Y*
- 11.19%
GLE vs. UGOFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLE Global Engine Group Holding Ltd | 21.94% | -79.77% | -66.41% |
UGOFX USAA Global Managed Volatility Fund | 14.39% | 16.72% | -1.89% |
Correlation
The correlation between GLE and UGOFX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2024 | 0.07 |
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Return for Risk
GLE vs. UGOFX — Risk / Return Rank
GLE
UGOFX
GLE vs. UGOFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Engine Group Holding Ltd (GLE) and USAA Global Managed Volatility Fund (UGOFX). 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.
| GLE | UGOFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.40 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 3.32 | -4.09 |
| Martin ratioReturn relative to average drawdown | -0.87 | 13.97 | -14.84 |
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Drawdowns
GLE vs. UGOFX - Drawdown Comparison
The maximum GLE drawdown since its inception was -94.99%, which is greater than UGOFX's maximum drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for GLE and UGOFX.
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Drawdown Indicators
| GLE | UGOFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.99% | -38.00% | -56.99% |
Max Drawdown (1Y)Largest decline over 1 year | -92.77% | -7.95% | -84.82% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.22% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.00% | — |
Current DrawdownCurrent decline from peak | -91.78% | -0.16% | -91.62% |
Average DrawdownAverage peak-to-trough decline | -71.66% | -7.36% | -64.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 81.20% | 1.89% | +79.31% |
Volatility
GLE vs. UGOFX - Volatility Comparison
Global Engine Group Holding Ltd (GLE) has a higher volatility of 61.89% compared to USAA Global Managed Volatility Fund (UGOFX) at 5.12%. This indicates that GLE's price experiences larger fluctuations and is considered to be riskier than UGOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLE | UGOFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 61.89% | 5.12% | +56.77% |
Volatility (6M)Calculated over the trailing 6-month period | 105.44% | 10.31% | +95.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 164.56% | 12.25% | +152.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 153.66% | 20.24% | +133.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 153.66% | 18.40% | +135.26% |
Dividends
GLE vs. UGOFX - Dividend Comparison
GLE has not paid dividends to shareholders, while UGOFX's dividend yield for the trailing twelve months is around 17.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLE Global Engine Group Holding Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UGOFX USAA Global Managed Volatility Fund | 17.70% | 20.24% | 3.46% | 1.77% | 8.60% | 24.98% | 4.13% | 4.16% | 4.48% | 1.99% | 1.44% | 1.05% |
Frequently Asked Questions
GLE and UGOFX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLE has higher volatility (61.89%) compared to UGOFX (5.12%). In terms of maximum drawdown, GLE dropped -94.99% vs UGOFX's -38.00%.
UGOFX currently has the higher Sharpe Ratio (2.16 vs -0.43), 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.
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