PCSIX vs. UDBPX
PCSIX (PACE Strategic Fixed Income Investments) and UDBPX (UBS Sustainable Development Bank Bond Fund) are both mutual funds - PCSIX is a Intermediate Core-Plus Bond fund managed by UBS, while UDBPX is a Global Bonds fund managed by UBS. Over the past 5 years, PCSIX returned 0.42%/yr vs -0.12%/yr for UDBPX. Their correlation of 0.88 means they have usually moved in the same direction. PCSIX charges 0.66%/yr vs 0.25%/yr for UDBPX.
Performance
PCSIX vs. UDBPX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PCSIX having a -0.46% return and UDBPX slightly lower at -0.47%.
PCSIX
- 1D
- -0.09%
- 1M
- -0.94%
- 6M
- -0.80%
- YTD
- -0.46%
- 1Y
- 2.93%
- 3Y*
- 4.92%
- 5Y*
- 0.42%
- 10Y*
- 2.26%
- ALL TIME*
- 5.00%
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 |
PCSIX vs. UDBPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PCSIX PACE Strategic Fixed Income Investments | -0.46% | 7.36% | 3.62% | 8.02% | -13.84% | -0.71% | 9.38% | 10.37% | 0.47% |
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 PCSIX and UDBPX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2018 | 0.88 |
The correlation between PCSIX and UDBPX has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.
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Return for Risk
PCSIX vs. UDBPX — Risk / Return Rank
PCSIX
UDBPX
PCSIX vs. UDBPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PACE Strategic Fixed Income Investments (PCSIX) 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.
| PCSIX | UDBPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.12 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.98 | +0.27 |
| Martin ratioReturn relative to average drawdown | 3.20 | 2.31 | +0.88 |
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Drawdowns
PCSIX vs. UDBPX - Drawdown Comparison
The maximum PCSIX drawdown since its inception was -18.54%, which is greater than UDBPX's maximum drawdown of -15.45%. Use the drawdown chart below to compare losses from any high point for PCSIX and UDBPX.
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Drawdown Indicators
| PCSIX | UDBPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.54% | -15.45% | -3.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -2.37% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -4.51% | -4.03% | -0.48% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -14.47% | -4.07% |
Max Drawdown (10Y)Largest decline over 10 years | -18.54% | — | — |
Current DrawdownCurrent decline from peak | -2.08% | -1.96% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -5.03% | +2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.97% | +0.01% |
Volatility
PCSIX vs. UDBPX - Volatility Comparison
PACE Strategic Fixed Income Investments (PCSIX) and UBS Sustainable Development Bank Bond Fund (UDBPX) have volatilities of 0.85% and 0.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCSIX | UDBPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.82% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 2.53% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.67% | 3.39% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.48% | 5.00% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 4.48% | +0.37% |
PCSIX vs. UDBPX - Expense Ratio Comparison
PCSIX has a 0.66% expense ratio, which is higher than UDBPX's 0.25% expense ratio.
Dividends
PCSIX vs. UDBPX - Dividend Comparison
PCSIX's dividend yield for the trailing twelve months is around 4.81%, more than UDBPX's 3.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCSIX PACE Strategic Fixed Income Investments | 4.81% | 4.76% | 5.66% | 5.03% | 3.47% | 3.71% | 5.62% | 3.50% | 3.39% | 2.66% | 4.23% | 3.55% |
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
PCSIX and UDBPX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCSIX has higher volatility (0.85%) compared to UDBPX (0.82%). In terms of maximum drawdown, PCSIX dropped -18.54% vs UDBPX's -15.45%.
PCSIX currently has the higher Sharpe Ratio (0.88 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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