PCGTX vs. PWTYX
Compare and contrast key facts about PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX) and UBS U.S. Allocation Fund (PWTYX).
PCGTX is managed by UBS. It was launched on Aug 24, 1995. PWTYX is managed by UBS. It was launched on May 9, 1993.
Performance
PCGTX vs. PWTYX - Performance Comparison
Loading graphics...
PCGTX vs. PWTYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCGTX PACE Mortgage-Backed Securities Fixed Income Investments | 2.45% | 7.84% | 0.98% | 5.12% | -13.48% | -0.61% | 5.75% | 6.55% | 0.17% | 2.83% |
PWTYX UBS U.S. Allocation Fund | -5.56% | 13.28% | 14.01% | 17.73% | -17.04% | 16.19% | 17.66% | 23.75% | -7.80% | 15.77% |
Returns By Period
In the year-to-date period, PCGTX achieves a 2.45% return, which is significantly higher than PWTYX's -5.56% return. Over the past 10 years, PCGTX has underperformed PWTYX with an annualized return of 1.61%, while PWTYX has yielded a comparatively higher 8.64% annualized return.
PCGTX
- 1D
- 0.76%
- 1M
- -1.85%
- YTD
- 2.45%
- 6M
- 4.22%
- 1Y
- 7.91%
- 3Y*
- 4.61%
- 5Y*
- 0.31%
- 10Y*
- 1.61%
PWTYX
- 1D
- -0.20%
- 1M
- -7.61%
- YTD
- -5.56%
- 6M
- -3.44%
- 1Y
- 10.34%
- 3Y*
- 11.12%
- 5Y*
- 5.97%
- 10Y*
- 8.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PCGTX vs. PWTYX - Expense Ratio Comparison
PCGTX has a 0.73% expense ratio, which is higher than PWTYX's 0.70% expense ratio.
Return for Risk
PCGTX vs. PWTYX — Risk / Return Rank
PCGTX
PWTYX
PCGTX vs. PWTYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX) and UBS U.S. Allocation Fund (PWTYX). 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.
| PCGTX | PWTYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 0.90 | +0.50 |
Sortino ratioReturn per unit of downside risk | 2.24 | 1.32 | +0.92 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.19 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 2.45 | 0.79 | +1.66 |
Martin ratioReturn relative to average drawdown | 7.00 | 3.21 | +3.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PCGTX | PWTYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.90 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.46 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.68 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.51 | +0.46 |
Correlation
The correlation between PCGTX and PWTYX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
PCGTX vs. PWTYX - Dividend Comparison
PCGTX's dividend yield for the trailing twelve months is around 4.44%, less than PWTYX's 9.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCGTX PACE Mortgage-Backed Securities Fixed Income Investments | 4.44% | 3.78% | 5.36% | 5.02% | 3.67% | 2.87% | 3.23% | 3.53% | 3.34% | 2.96% | 2.71% | 2.21% |
PWTYX UBS U.S. Allocation Fund | 9.93% | 9.38% | 8.32% | 1.61% | 9.95% | 16.86% | 5.85% | 2.22% | 11.82% | 2.53% | 0.68% | 0.00% |
Drawdowns
PCGTX vs. PWTYX - Drawdown Comparison
The maximum PCGTX drawdown since its inception was -19.34%, smaller than the maximum PWTYX drawdown of -51.86%. Use the drawdown chart below to compare losses from any high point for PCGTX and PWTYX.
Loading graphics...
Drawdown Indicators
| PCGTX | PWTYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.34% | -51.86% | +32.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -8.66% | +5.56% |
Max Drawdown (5Y)Largest decline over 5 years | -19.20% | -21.84% | +2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -19.34% | -25.34% | +6.00% |
Current DrawdownCurrent decline from peak | -1.85% | -7.87% | +6.02% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -7.65% | +5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 2.53% | -1.44% |
Volatility
PCGTX vs. PWTYX - Volatility Comparison
The current volatility for PACE Mortgage-Backed Securities Fixed Income Investments (PCGTX) is 2.13%, while UBS U.S. Allocation Fund (PWTYX) has a volatility of 3.64%. This indicates that PCGTX experiences smaller price fluctuations and is considered to be less risky than PWTYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PCGTX | PWTYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.13% | 3.64% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 7.27% | -3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.23% | 12.91% | -6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.10% | 13.11% | -6.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.35% | 12.88% | -7.53% |