PWTYX vs. PCLCX

Last updated Apr 1, 2026

Compare and contrast key facts about UBS U.S. Allocation Fund (PWTYX) and PACE Large Co Growth Equity Investments (PCLCX).

PWTYX is managed by UBS. It was launched on May 9, 1993. PCLCX is managed by UBS. It was launched on Aug 24, 1995.

Performance

PWTYX vs. PCLCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS U.S. Allocation Fund (PWTYX) and PACE Large Co Growth Equity Investments (PCLCX). The values are adjusted to include any dividend payments, if applicable.

PWTYX vs. PCLCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
PCLCX PACE Large Co Growth Equity Investments	-12.90%	9.86%	28.05%	35.17%	-28.18%	20.18%	39.70%	31.99%	-3.18%	29.89%

Returns By Period

In the year-to-date period, PWTYX achieves a -5.56% return, which is significantly higher than PCLCX's -12.90% return. Over the past 10 years, PWTYX has underperformed PCLCX with an annualized return of 8.64%, while PCLCX has yielded a comparatively higher 12.99% annualized return.

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%

PCLCX

• 1D: -0.35%
• 1M: -8.67%
• YTD: -12.90%
• 6M: -14.31%
• 1Y: 2.61%
• 3Y*: 14.70%
• 5Y*: 7.26%
• 10Y*: 12.99%

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

PWTYX vs. PCLCX - Expense Ratio Comparison

PWTYX has a 0.70% expense ratio, which is lower than PCLCX's 0.88% expense ratio.

PCLCX

PACE Large Co Growth Equity Investments

PWTYX

UBS U.S. Allocation Fund

Return for Risk

PWTYX vs. PCLCX — Risk / Return Rank

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

PWTYX

PWTYX Risk / Return Rank: 38
PWTYX Sharpe Ratio Rank: 45
PWTYX Sortino Ratio Rank: 45
PWTYX Omega Ratio Rank: 44
PWTYX Calmar Ratio Rank: 27
PWTYX Martin Ratio Rank: 30

PCLCX

PCLCX Risk / Return Rank: 7
PCLCX Sharpe Ratio Rank: 8
PCLCX Sortino Ratio Rank: 8
PCLCX Omega Ratio Rank: 8
PCLCX Calmar Ratio Rank: 4
PCLCX Martin Ratio Rank: 4

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.

PWTYX vs. PCLCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS U.S. Allocation Fund (PWTYX) and PACE Large Co Growth Equity Investments (PCLCX). 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.

	PWTYX	PCLCX	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.16	+0.73
Sortino ratio Return per unit of downside risk	1.32	0.37	+0.95
Omega ratio Gain probability vs. loss probability	1.19	1.05	+0.14
Calmar ratio Return relative to maximum drawdown	0.79	-0.14	+0.93
Martin ratio Return relative to average drawdown	3.21	-0.41	+3.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PWTYX vs. PCLCX - Sharpe Ratio Comparison

The current PWTYX Sharpe Ratio is 0.90, which is higher than the PCLCX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of PWTYX and PCLCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PWTYX	PCLCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.16	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.20	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.42	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.35	+0.16

Correlation

The correlation between PWTYX and PCLCX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PWTYX vs. PCLCX - Dividend Comparison

PWTYX's dividend yield for the trailing twelve months is around 9.93%, less than PCLCX's 23.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PCLCX PACE Large Co Growth Equity Investments	23.71%	20.66%	11.94%	2.09%	60.17%	22.81%	18.38%	16.53%	22.05%	10.32%	3.30%	17.60%

Drawdowns

PWTYX vs. PCLCX - Drawdown Comparison

The maximum PWTYX drawdown since its inception was -51.86%, smaller than the maximum PCLCX drawdown of -63.98%. Use the drawdown chart below to compare losses from any high point for PWTYX and PCLCX.

Drawdown Indicators

	PWTYX	PCLCX	Difference
Max Drawdown Largest peak-to-trough decline	-51.86%	-63.98%	+12.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.66%	-17.06%	+8.40%
Max Drawdown (5Y) Largest decline over 5 years	-21.84%	-38.81%	+16.97%
Max Drawdown (10Y) Largest decline over 10 years	-25.34%	-38.81%	+13.47%
Current Drawdown Current decline from peak	-7.87%	-17.06%	+9.19%
Average Drawdown Average peak-to-trough decline	-7.65%	-20.42%	+12.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	5.84%	-3.31%

Volatility

PWTYX vs. PCLCX - Volatility Comparison

The current volatility for UBS U.S. Allocation Fund (PWTYX) is 3.64%, while PACE Large Co Growth Equity Investments (PCLCX) has a volatility of 4.64%. This indicates that PWTYX experiences smaller price fluctuations and is considered to be less risky than PCLCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PWTYX	PCLCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.64%	4.64%	-1.00%
Volatility (6M) Calculated over the trailing 6-month period	7.27%	10.72%	-3.45%
Volatility (1Y) Calculated over the trailing 1-year period	12.91%	19.41%	-6.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.11%	36.94%	-23.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.88%	30.96%	-18.08%