GSGIX vs. UDBPX
GSGIX (Goldman Sachs Global Core Fixed Income Fund) and UDBPX (UBS Sustainable Development Bank Bond Fund) are both Global Bonds funds. Over the past 5 years, GSGIX returned -0.48%/yr vs -0.12%/yr for UDBPX. Their correlation of 0.83 means they have usually moved in the same direction. GSGIX charges 0.91%/yr vs 0.25%/yr for UDBPX.
Performance
GSGIX vs. UDBPX - Performance Comparison
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Returns By Period
In the year-to-date period, GSGIX achieves a -0.38% return, which is significantly higher than UDBPX's -0.47% return.
GSGIX
- 1D
- 0.18%
- 1M
- -1.05%
- 6M
- -0.62%
- YTD
- -0.38%
- 1Y
- 1.81%
- 3Y*
- 3.17%
- 5Y*
- -0.48%
- 10Y*
- 1.49%
- ALL TIME*
- 4.16%
UDBPX
- 1D
- 0.11%
- 1M
- -0.53%
- 6M
- -0.66%
- YTD
- -0.47%
- 1Y
- 2.18%
- 3Y*
- 3.65%
- 5Y*
- -0.12%
- 10Y*
- —
- ALL TIME*
- 1.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GSGIX vs. UDBPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GSGIX Goldman Sachs Global Core Fixed Income Fund | -0.38% | 5.09% | 0.86% | 7.66% | -12.98% | -2.59% | 8.90% | 10.17% | 1.46% |
UDBPX UBS Sustainable Development Bank Bond Fund | -0.47% | 6.96% | 1.55% | 4.53% | -10.41% | -2.43% | 6.80% | 6.79% | 2.03% |
Correlation
The correlation between GSGIX and UDBPX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018 | 0.83 |
The correlation between GSGIX and UDBPX shifts across timeframes, from 0.76 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
GSGIX vs. UDBPX — Risk / Return Rank
GSGIX
UDBPX
GSGIX vs. UDBPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Global Core Fixed Income Fund (GSGIX) and UBS Sustainable Development Bank Bond Fund (UDBPX). 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.
| GSGIX | UDBPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 0.98 | -0.18 |
| Martin ratioReturn relative to average drawdown | 2.04 | 2.31 | -0.27 |
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Drawdowns
GSGIX vs. UDBPX - Drawdown Comparison
The maximum GSGIX drawdown since its inception was -19.90%, which is greater than UDBPX's maximum drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for GSGIX and UDBPX.
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Drawdown Indicators
| GSGIX | UDBPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.90% | -15.45% | -4.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.37% | -0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -4.49% | -4.03% | -0.46% |
Max Drawdown (5Y)Largest decline over 5 years | -17.27% | -14.47% | -2.80% |
Max Drawdown (10Y)Largest decline over 10 years | -19.90% | — | — |
Current DrawdownCurrent decline from peak | -5.69% | -1.96% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -2.71% | -5.03% | +2.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 0.97% | +0.26% |
Volatility
GSGIX vs. UDBPX - Volatility Comparison
Goldman Sachs Global Core Fixed Income Fund (GSGIX) has a higher volatility of 0.92% compared to UBS Sustainable Development Bank Bond Fund (UDBPX) at 0.82%. This indicates that GSGIX's price experiences larger fluctuations and is considered to be riskier than UDBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSGIX | UDBPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.92% | 0.82% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 2.53% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 3.39% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 5.00% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.12% | 4.48% | -0.36% |
GSGIX vs. UDBPX - Expense Ratio Comparison
GSGIX has a 0.91% expense ratio, which is higher than UDBPX's 0.25% expense ratio.
Dividends
GSGIX vs. UDBPX - Dividend Comparison
GSGIX's dividend yield for the trailing twelve months is around 2.80%, less than UDBPX's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSGIX Goldman Sachs Global Core Fixed Income Fund | 2.80% | 3.01% | 2.64% | 2.12% | 1.60% | 1.32% | 5.04% | 4.13% | 1.28% | 1.74% | 1.40% | 5.97% |
UDBPX UBS Sustainable Development Bank Bond Fund | 3.38% | 3.12% | 2.84% | 2.15% | 1.46% | 1.03% | 4.11% | 2.69% | 0.52% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GSGIX and UDBPX 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.
GSGIX has higher volatility (0.92%) compared to UDBPX (0.82%). In terms of maximum drawdown, GSGIX dropped -19.90% vs UDBPX's -15.45%.
GSGIX currently has the higher Sharpe Ratio (0.76 vs 0.68), 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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